Westend: Fellowship Treasury (#2532)
Treasury Pallet Instance for the Fellowship in Westend Collectives. In this update, we present a Treasury Pallet Instance that is under the control of the Fellowship body, with oversight from the Root and Treasurer origins. Here's how it is governed: - the Root origin have the authority to reject or approve spend proposals, with no amount limit for approvals. - the Treasurer origin have the authority to reject or approve spend proposals, with approval limits of up to 10,000,000 DOT. - Voice of all Fellows ranked at 3 or above can reject or approve spend proposals, with a maximum approval limit of 10,000 DOT. - Voice of Fellows ranked at 4 or above can also reject or approve spend proposals, with a maximum approval limit of 10,000,000 DOT. Additionally, we introduce the Asset Rate Pallet Instance to establish conversion rates from asset A to B. This is used to determine if a proposed spend amount involving a non-native asset is permissible by the commanding origin. The rates can be set up by the Root, Treasurer origins, or Voice of all Fellows. --------- Co-authored-by:joe petrowski <[email protected]> Co-authored-by:
joepetrowski <[email protected]>