Hi again !
I have some questions for the team though.
The FXCORE contract shows that the recipient address fx1e2xjrsa0peksu66dhn5kvma7y8hdyz4zsjlxgn was funded with the 6.8M $FX after the proposal succeeded.
It was funded using the Community Spend Pool (a.k.a CSP) (which is funded through a 40% fee withdrawn from all block rewards shared amongst all validators) (refer to here for more details).
1. Origin of the funds
Since the proposal was supposed to be funded from the Ecosystem Genesis Fund, I would expect the team to re-transfer $FX from the EGF to the CSP, but I can’t find any trace of it. I would expect to see a donation from one of the EGF address to the community pool, for example thru the following command:
fxcored tx distribution fund-community-pool 6800000000000000000000000FX --from [KEY]
Was that eventually done ? It’s just a matter of transparency.
2. Distribution of the funds
We are expecting the team to distribute and verify the 6.8M $FX funding towards Kronos.
Right now, the same address fx1e2xjrsa0peksu66dhn5kvma7y8hdyz4zsjlxgn shows that only 2M $FX out of the 6.8M $FX funding were distributed to Kronos. Since the team is controlling the funds’ distribution to Kronos, I would expect the team to describe how the distribution is being operated. It’s just a matter of transparency, here again.
Anyway, I hope we can progress further on discussing details in this forum and learn altogether the power of blockchain, and of this blockchain specifically.
Regards,
@FrenchXCore