This is a council motion whose proposer address (1hCMdtRsaRA4ZTEKpPKPvEjK9rZpGhyFnRHSDhqFMCEayRL) is shown in on-chain info below. Only this user can edit this description and the title. If you own this account, login and tell us more about your proposal.

Problem Statement:
- The problem is the lack of funding to cover maintenance costs for the Stylo wallet, including general maintenance, runtime upgrades, changes, and infrastructure costs.

Significance:
- The Stylo wallet supports both Kusama and Polkadot Networks, making it essential to ensure its maintenance and functionality.
- The recurring payment proposal aims to address the funding issue and ensure the continuous operation of the Stylo wallet.

Proposed Solution:
- The proposal suggests a recurring payment of 2,880.00 EUR (6 months) and 8.90 KSM to cover the maintenance costs.
- The payment will be submitted bi-annually, alternating between the Kusama and Polkadot Networks.

Expected Outcomes:
- The expected outcome is the availability of sufficient funds to cover the maintenance costs of the Stylo wallet, ensuring its smooth operation and functionality.

Council Motion #149