- A plan has been made to make the Kusama network and its parachains better.
- The first step is to list all parachain tokens on Basilisk, a DEX created by HydraDX for the Kusama protocol.
- They want funding from the Kusama and Basilisk Treasuries to open XCM channels between Basilisk and other parachains, start trading, and engage the community.
- Technical developers will help with the necessary steps to connect the project to Basilisk, and the only thing the parachain needs to provide is liquidity on Basilisk.
- They will work with parachains to convince them of the importance of this proposal and the importance of token accessibility.

Kusama is an important part of the Polkadot Ecosystem , we need to make it shine! Basilisk is the first step to return attention and VALUE FLOW!

- A farming event for a cryptocurrency called BSX has ended after distributing 722 million BSX over 12 months.
- People who use a platform called Basilisk DEX want to know if a new farming event for BSX will be created.
- The new farming event could have a lower yield of up to 40%.
- The new farming event could distribute another 222 million BSX or more.
- The proposal is to mint 222,222,222 BSX and transfer it to the existing BSX global farm while maintaining the APR % on the BSX<>KSM farm at 40%.

222,222,222 BSX for liquidity mining KSM/BSX ep#2 MOOOORE BSX

[Tip request] Immunefi commission on Bug bounty NFT Marketplace

- Basilisk is a blockchain network that rewards people for helping to maintain the network.
- Some people who helped maintain the network before June 15, 2023 did not receive their rewards.
- One person, who goes by the name "🧊 ICEBERG NODES 🧊/C1," is asking for compensation for the rewards they did not receive.
- The compensation they are asking for is based on a calculation of the monthly reward rate.
- The compensation they are asking for is worth over 23 million BSX tokens.

[Treasury Tip] (collatorCompensation) 🧊 Iceberg Nodes 🧊

- Subscan is a tool for Polkadot network that helps people understand it better.
- It needs a lot of resources to keep running, like servers and people to maintain it.
- The people who made Subscan want to be paid for their work to keep it running.
- They are asking the Basilisk community to pay for it from July to December 2023.
- The payment will be made to a specific person or group who helped make Subscan.

Funding Proposal for Basilisk Network Operation and Maintenance Fee

- Someone found a problem with a website where people buy special digital things called NFTs.
- The problem could have let bad people trick buyers into paying more money than they meant to.
- The website fixed the problem so it can't happen anymore.
- The person who found the problem will get a big reward of money and special tokens.
- The people who help find problems like this can get paid for helping to make websites safer.

[Treasury Tip] Bug bounty payout NFT Marketplace

- Lucky Friday Labs, LLC is requesting compensation for unpaid rewards for their collator.
- The collator entered the active set in August 2022 and missed the previous manual claim period.
- The requested compensation is for 10.5 months, from August 2022 to June 15th, 2023.
- The requested tip is 36,486,204.73 BSX, which is based on the previously established reward rate.
- The compensation request is being made on behalf of Lucky Friday Labs, LLC by Phunky.

[Treasury Tip] (Collator Compensation) | Lucky Friday 🍀 

Here's a summary of the post content:

- Cede Labs has developed a Chrome extension called cede.store over the past two years.
- The extension allows users to manage assets from 10+ centralized exchanges (CEXs) and transfer them to an on-chain wallet.
- This feature comes with a widget that can be seamlessly integrated into any dApp in less than 5 minutes.
- Integrating cede.store can benefit Basilisk users by providing a new way to bring funds to their on-chain wallet and Basilisk dApp by removing onboarding frictions for users and leveraging their CeFi assets.
- More information can be found in their documentation: https://docs.cede.store/use-cases/withdraw

CEXs Liquidity Task Force with cede.store

Here's a summary of the SubSquare post:

- A farm that distributed 500M BSX over 8 months has ended.
- Some users want a new BSX farm created.
- The post asks BSX holders if they want a new farm, what APR they would like, and if a smaller amount should be distributed over a shorter period.
- The post asks for any other considerations.
- The author is looking forward to hearing opinions.

Create new BSX farm

- Basilisk is a blockchain network that rewards collators for their work.
- Some collators were not paid for their work from February 2023 to June 15th, 2023.
- The collator "bakarapara" is requesting compensation for the unpaid rewards during this time.
- The compensation amount is based on the monthly target reward rate.
- The requested tip for "bakarapara" is 23,413,111.34 BSX or $4,500 USD.

[Treasury Tip] (collatorCompensation) bakarapara

- Basilisk is a blockchain network that rewards collators for their work.
- Collators are responsible for creating new blocks on the network.
- The automatic block-based reward distribution was activated on June 15th, 2023.
- However, there was a 4.5 month period before this where collators were not receiving rewards.
- The collator "SPAZCOIN ☯ BSX COLLATOR🐍" is requesting compensation for the unpaid rewards during this time.
- The compensation is based on the monthly target reward rate.

[Treasury Tip] (collatorCompensation) spazcoin

- Basilisk is a blockchain network that rewards collators for their work.
- Collators are people who help validate transactions on the network.
- The collators of Basilisk were not receiving their rewards for a period of 4.5 months.
- The collator "Masternode24" has requested compensation for the unpaid rewards during this time.
- The compensation is based on the monthly target reward rate and amounts to a requested tip of 23,413,111.34 BSX or $4.5 x 500.

[Treasury Tip] (collatorCompensation) Masternode24

- Basilisk is a blockchain network that rewards collators for their work.
- Some collators did not receive rewards for 4.5 months because the automatic reward system was not yet activated.
- Staker Space is one of these collators who did not receive rewards during this time.
- The requested compensation for Staker Space is $23,413,111.34 BSX.
- The compensation is based on the monthly target reward rate.

[Treasury Tip] (collatorCompensation) Staker Space

- Basilisk is a blockchain network that rewards people for helping to maintain it.
- Some people who helped maintain the network before a certain date did not receive their rewards.
- One person, who goes by the name "pathrocknetwork," is requesting compensation for the rewards they did not receive during a 4.5 month period.
- The compensation is based on a calculation of the monthly reward rate.
- The compensation request is for a large amount of money, over 23 million BSX tokens or $2,250 USD.

[Treasury Tip] (collatorCompensation) pathrocknetwork

- Basilisk is a blockchain network that rewards collators for their work.
- Collators are people who help validate transactions on the network.
- The automatic reward system was activated on June 15th, 2023.
- However, there was a 4.5 month period before this where collators were not receiving rewards.
- ExtraCoin, a collator on the network, is requesting compensation for the unpaid rewards during this time.

[Treasury Tip] (collatorCompensation) ExtraCoin

- Basilisk is a blockchain network that rewards people who help maintain it.
- Some people helped maintain the network before the reward system was fully set up.
- One of these people is asking for compensation for the time they spent helping before the rewards were set up.
- They are asking for a specific amount of money in a specific type of currency.
- The compensation request covers a period of 4.5 months from February 2023 to June 15th, 2023.

[Treasury Tip] (collatorCompensation) iMiroslav

- Basilisk is a blockchain network that rewards collators for their work.
- Collators are people who validate transactions on the network.
- Some collators were not paid for their work from February to June 2023.
- The collator "Hetavalidation Basilisk" is requesting payment for this time period.
- The payment is based on a monthly reward rate and is worth over 23 million BSX tokens.

[Treasury Tip] (collatorCompensation) Hetavalidation Basilisk

- Basilisk is a blockchain network that rewards people for helping to validate transactions.
- Some people who helped validate transactions before the automatic reward system was set up did not get paid.
- One person is asking for compensation for the 4.5 months before the automatic reward system was set up.
- The person is asking for $23,413,111.34 worth of Basilisk tokens as compensation.
- The compensation is based on the monthly reward rate that was set up after the automatic reward system was activated.

[Treasury Tip] (collatorCompensation) VALIDATRIUM|T.ME/VALIDA TRIUM 

Dwellir - Public RPC Endpoint Service Q3 2023

- Basilisk is a blockchain network that rewards collators for their work.
- Collators are people who help validate transactions on the network.
- The collators of Basilisk were not initially rewarded for their work.
- They were eventually rewarded, but there was a 4.5 month gap where they were not compensated.
- A collator named "HydraSik | crifferent.de" is requesting compensation for this gap in rewards.

[Treasury Tip] (collatorCompensation) Sik | crifferent.de

Ideas for Infographics

SubSquare is a platform for blockchains and needs maintenance from December 2022 to March 2023. 

The cost of the maintenance is $600 x 4 + 20% volatility and currency translation, which equals 25,043,478 BSX. 

The work scope includes daily devops/monitor work, updating dependencies, receiving feedback and bug fixes, and delivering enhancement features such as `cmd+k` for better navigation and democracy delegation management. 

Part of the development plans includes a calendar feature to see history/future events with a calendar view, governance data statistics, and other notification ways support like discord/telegram. 

The beneficiary of the maintenance is bXiTnWSJiYQTwo78YYbvAxsja2uTcM7hg9EqfBEH3Kri55ve8.

[Treasury Tip]Subsquare maintenance from 2022.12 to 2023.03

UnitedBloc - Proposal to Provide RPC Services to Basilisk Kusama Mainnet

- Basilisk is a platform that rewards people for helping with its computer processes.
- Some people helped with this process before the rewards were turned on.
- One person, called a collator, is asking for compensation for their time helping before rewards were turned on.
- They are asking for $500 per month for 6 months, or a total of $3,000.
- The compensation is based on a monthly target reward rate of 26,905,829.6 BSX.

- Bifrost.Finance is a platform that provides cross-chain liquid derivatives for staked assets.
- They want to integrate with Basilisk by opening a bi-directional HRMP channel and adding Bifrost assets to Basilisk.
- Bifrost's liquid staking derivatives (vTokens) allow users to earn staking rewards while participating in DeFi.
- Bifrost aims to offer a seamless staking and DeFi experience for PoS users and enable developers to build innovative applications.
- Basilisk is a decentralised liquidity protocol within the Kusama ecosystem and Bifrost's native asset (BNC) will be tradeable on Snek Swap.

Discussions