PROPOSAL DESCRIPTION
The purpose of this proposal is to incentivize a few teams to independently maintain a robust API for public use in the Secret Community. These teams have demonstrated their ability to deploy, respond to issues, and maintain APIs for the network. Compensation will be provided to each team at a rate of $150 per month for each Secret Node they offer in their cluster, with a cap on incentives at 16 nodes per team.
The teams participating in this proposal include Secret Saturn (16), Trivium (16), Blizzard.finance (16), Consensus One (16), and Quiet Monkey Mind (10). Payment to teams will be made only for the nodes they can provide on a monthly basis. If a node provider is unable to keep a node up and running, no payment will be made, and any unutilized funds will be rolled over to the following month.
The forum post for the API Proposal III with more details can be found here: https://forum.scrt.network/t/the-api-proposal-iii/6963
The total ask is 50944 SCRT, calculated from the ask of 23,774$ at the current SCRT price of 0.49$ and including the 5% volatility buffer.
Places this has also been discussed:
1. https://forum.scrt.network/t/governance-meeting-notes-mega-thread/3946/107
2. https://t.me/SCRT_gov