Test Program

Funding Round 4

Created on Mar 21, 2024

Summary

Received a minigrant from the Web3 Ecosystems Foundation as part of the Scaling blockchain networks initiative.

Progress

29% complete

About

OpCo is a leading infrastructure provider for the Polkadot ecosystem, focusing on scalability solutions and network optimization.

Mission

To build and maintain scalable infrastructure for the Polkadot ecosystem, ensuring optimal performance and reliability for all users and applications.

Problem

Polkadot's infrastructure faces scalability challenges as user adoption increases, leading to potential performance bottlenecks and increased costs.

Solution

Building optimized node infrastructure and sequencer redundancy protocols to ensure Polkadot can scale efficiently while maintaining security and decentralization.

Key Metrics

Quarter Funding

$1,250,000

Budget Share

28.5%

Programs

12

Team Members

94

Performance Indicators

Program Completion Rate
78%↗ +12%
Time to Completion
On Schedule0%
KPI Achieved
85%↗ +5%
Milestones

Smart Contract Architecture

Admin Approved

Core bridge contracts designed and deployed on testnet

Completed 30 days ago$50,000 released

Security Audit & Testing

Vote Required

Comprehensive security audit by CertiK and internal testing

In Progress - 15 days remaining$30,000 pending
3

Mainnet Deployment

Deploy contracts to mainnet and initialize bridge functionality

Scheduled in 30 days$40,000 allocated
Updates
Mar 22, 2024

Project officially started. Team assembled and initial planning completed.

Apr 12, 2024

Research phase completed. Key findings documented and shared with stakeholders.

Tags
DAO Contribution
Minigrants

Team

Sarah JohnsonProject Lead
Michael ChenDeveloper
Aisha PatelResearch Analyst
Founded: May 15, 2023

Budget

Total Budget:$45,000
Spent:$12,500
Remaining:$32,500

Documents

Project Proposal
Research Findings