This proposal replaces our earlier ref. 1759. Following the strong feedback we received, we reshaped our roadmap and prepared this proposal to focus on the most essential work for RegionX. It covers retroactive work, implementation of key features, indexer costs, and critical updates required by recent and upcoming Coretime chain upgrades. The plan is to deploy the secondary marketplace on Polkadot when there is greater demand, as suggested in the comments of the previous referendum. Since this proposal does not include the secondary market for Polkadot, the overall cost is significantly reduced.

Proposal: [https://docs.google.com/document/d/1F81mgediN\_CZLgZFNSQLlUmJN8gF-DwbbWt1dEWE1hk/edit?usp=sharing](https://docs.google.com/document/d/1F81mgediN_CZLgZFNSQLlUmJN8gF-DwbbWt1dEWE1hk/edit?usp=sharing)

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least
`amount` of `asset_kind` in the native asset. The amount of `asset_kind` is converted
for assertion using the [`Config::BalanceConverter`].

## Details

Create an approved spend for transferring a specific `amount` of `asset_kind` to a
designated beneficiary. The spend must be claimed using the `payout` dispatchable within
the [`Config::PayoutPeriod`].

### Parameters
- `asset_kind`: An indicator of the specific asset class to be spent.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The beneficiary of the spend.
- `valid_from`: The block number from which the spend can be claimed. It can refer to
  the past if the resulting spend has not yet expired according to the
  [`Config::PayoutPeriod`]. If `None`, the spend can be claimed immediately after
  approval.

## Events

Emits [`Event::AssetSpendApproved`] if successful.

#1762 RegionX Hub: Retroactive + Key Features + Maintenance

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