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- SubSquare is a tool for managing blockchain projects like Bifrost on Polkadot and Kusama.
- They need money to keep their work going.
- The money will pay for:
  - Watching over the system every day.
  - Computers and email services.
  - Updating the system.
  - Fixing small problems.
- They are not asking for money to add new features because other groups are paying for that.
- They need $14,400 for the year, which is 57,600 BNC coins.

[Retroactive] Subsquare maintenance proposal for bifrost 2024

### Funding Proposal for Bifrost Operation and Maintenance

- **Purpose**: Request for funding to cover operation and maintenance fees for Subscan Explorer services on Bifrost.
- **Services Provided**: 
  - Computing resources, database storage, network bandwidth.
  - Monitoring, technical support, and node status notifications.
- **Current Charges**: Tiered pricing based on data usage.
  - Basic: Up to 200 GB at $799, then $5.3/GB.
  - Advanced: Up to 500 GB at $1,699, then $5.2/GB.
  - Professional: Up to 1 TB at $2,999, then $5/GB.
- **Usage Statistics**: 
  - Bifrost Network: 269.17 GB.
  - Bifrost Kusama Network: 213.77 GB.
- **Requested Amount**: $6,418, to be converted to BNC based on the EMA7 price.
- **Exchange Rate**: 
  - BNC EMA7 Price: $0.190143.
  - Number of BNC: 33,753.543385.
- **Impact**: Ensures smooth operation and growth of Bifrost networks.

2024-Q3-Bifrost Network-Subscan Funding Proposal for Operation and Maintenance Fee

Treasury Spends