Dear community,

I would like your support to fund an account used for common good activities with 50 KSM. Based on current projections this should fund said activities for 6 months.

The account is used in-part for activities such as:

• Paying out staking rewards for several validators and their nominators
• Refunding submission and decision deposits for several referenda on Kusama and the Collective chain

The account was previously funded by the Treasury 321 days ago. There are now many more payouts per era as more validators are active and there is a higher drain on funds.

It is worthwhile noting that the account has no outbound transfers and most (if not all) expenses on the account are transactional in nature; this means that 80% of the fees are returned to the treasury.

The account balance over the past three months is shown below.

Kind Regards,
Will | Paradox | ParaNodes