Retroactive Funding for Mimir - A Powerful Multisig Management Application For Polkadot Ecosystem

Treasury

This proposal aims to transform the Polkadot ecosystem with an enterprise-grade multisig solution, tackling challenges in managing non-EOA wallets. It utilizes Substrate's features for Static, Flexible, and Nested Multisig accounts, enhancing operational efficiency and security for entities handling significant funds.Mimir's deployment on the Rococo testnet and partnership with Subsquare highlight its potential to boost efficiency and security in the Polkadot ecosystem

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beneficiary

Problem Statement:
- The Mimir Team is seeking financial support for their past development efforts in the Polkadot ecosystem.

Significance:
- Polkadot lacks productization for account abstraction components like Multisig and Proxy, leading to challenges in account creation and management.
- Non-EOA wallets in the Polkadot ecosystem face complexities in assembling transactions and cannot interact directly with applications.

Proposed Solution:
- Mimir is an Enterprise-level Multisig in the Polkadot Ecosystem that integrates various types of account systems and provides transaction management functions.
- Mimir simplifies interactions with complex accounts like Multisig, Nested Multisig, and Proxy, making Polkadot's multisig a Safe-like solution for enterprise asset management.

Expected Outcomes:
- Increased efficiency and usage of multisig accounts in the Polkadot ecosystem.
- Integration with third-party applications and development of in-house DApps to enhance user efficiency.

#462 Retroactive Funding for Mimir - A Powerful Multisig Management Application For Polkadot Ecosystem

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