In referendum [#601](https://polkadot.polkassembly.io/referenda/601) we requested a total of $485,000 with the day's EMA7 of $9.544. This was a total of 50,817.27 DOT. When received at the end of the spending period the EMA7 was $6.88 and we only received $350,027. A difference of $134,973.

In referendum #883 we are requesting a total of 25,000 DOT to cover this price difference with a buffer to protect against further price volatility.

At posting the EMA7 for today is $6.38 which is a total of 21,155.64 DOT for $134,973. We have added a ~15% buffer on this (3,844.36 DOT). At the time of payment when the spending period ends in ~36 days the amount will be recalculated at the EMA7 for that day and any excess refunded to the treasury account listed below. 

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TIA!

amount

beneficiary

- **Problem Statement:** Requesting 25,000 DOT to cover a price difference of $134,973 due to price volatility.
- **Significance:** Protecting against price fluctuations to ensure funds are sufficient for the intended purpose.
- **Proposed Solution:** Requesting 25,000 DOT with a buffer to cover price differences and protect against further volatility.
- **Expected Outcomes:** Ensuring adequate funds are available for the intended purpose and any excess will be refunded to the treasury account.

#883 Requesting "Top Up" of Ref #601 due to DOT price change

No Active Proposals