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Operational and Infrastructure Costs for Cloud Services #307

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defichain-lab opened this issue Nov 26, 2024 · 0 comments
Open

Operational and Infrastructure Costs for Cloud Services #307

defichain-lab opened this issue Nov 26, 2024 · 0 comments
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cfp Community Fund Proposal draft

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@defichain-lab
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Overview:

  1. Requester(s): DeFiChain Labs
  2. Amount requested in DFI: 6,000,000 DFI
  3. Cycles: 1
  4. Receiving address: df1qmckarq6l6x00rslmmvj2wjmsdtlyfs6ymynz5g

This proposal seeks approval for 6,000,000 DFI (~$90,000 USD) as the one-year budget allocation for 2025 to maintain the critical infrastructure required to run the DeFiChain blockchain and its components.

These key infrastructure components include Ocean Infra, Snapshot Infra, Defiscan (native explorer), Blockscout (EVM explorer), as well as Seeders and Continuous Integration Nodes. These elements form the backbone of the ecosystem, ensuring its operability, stability, and reliability.

The funding request is calculated based on a thorough analysis of historical expenses, ensuring the proposed budget aligns with past requirements. If unforeseen factors like exchange rate fluctuations or rising costs reduce the effective duration of funding to less than 12 months, the team will allocate what remains to essential bills and initiate discussions to organize supplementary funding.

The Request

Total Request: 6,000,000 DFI (~$90,000 USD)

Timeline: Budget for the full calendar year of 2025
Objective: Cover operational, infrastructure, and administrative costs necessary to support critical DeFiChain services as outlined above.

Why This Proposal Matters

  1. Advancing Decentralization
    To achieve full decentralization, it is essential to remove dependency on any single organization. This proposal empowers the community to sustain DeFiChain's ecosystem independently, ensuring long-term viability and trust in its governance model.

  2. Ensuring Network Continuity
    The infrastructure services listed—Ocean Infra, Snapshot Infra, Defiscan, Blockscout, Seeders, and Continuous Integration Nodes—are vital for the ecosystem’s operability. This funding secures their maintenance, guaranteeing seamless functionality for developers, users, and node operators alike.

Cost Breakdown

Category Amount Details
Infrastructure 5,000,000 DFI Cloud costs, server maintenance, operational services (Ocean Infra, Snapshot Infra, Explorers, etc.).
Company Setup 500,000 DFI Legal and administrative costs for incorporation, bank accounts, credit cards, etc.
Personnel 500,000 DFI Salaries and support for operational management of critical infrastructure and services.

Conclusion

Approval of this proposal ensures that the DeFiChain network continues to operate seamlessly and reliably.
While this proposal seeks to cover one year of operations, external factors like exchange rate fluctuations or rising costs could necessitate additional funding discussions. Should this occur, the team will act transparently to ensure the ecosystem's continuity.

By supporting this proposal, the DeFiChain community takes a decisive step toward realizing a fully decentralized ecosystem, preserving the integrity and functionality of the network while fostering community-led governance.

@defichain-lab defichain-lab added cfp Community Fund Proposal draft labels Nov 26, 2024
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