[Proposal: MB17/MR15] UnitedBloc - Retroactive Treasury Proposal for Q3 2023

Forum Post: UnitedBloc - Retroactive Treasury Proposal for Q3 2023

Abstract - UnitedBloc is a group of community collators who have been actively involved with Moonbeam since the early testnet phase. In early 2023, we introduced our public RPC service for Moonbeam, Moonriver, and Moonbase Alpha. This initiative rapidly gained traction within the user and developer community, with the RPC serving up to ~1.5bln requests per month across all three chains.

On October 3rd UnitedBloc was selected by the Moonbeam Treasury Council as one of the supported RPC providers for Q4 2023 and Q1 2024.
Given that fact and given the high traffic volume occurred on UB endpoints during Q3 2023 which we initially targeted as funding start with our proposal, we’re also seeking retroactive funding for Q3 2023 with this proposal.

Motivation - Our first objective is to foster Moonbeam’s growth, it’s crucial for developers to have seamless access to top-tier RPC services. Our free public RPC service serves as a stepping stone, supporting new developers as they launch and expand their projects. No signup. No accounts or accounting, just point the app to a UB endpoint and go. If at any point the project RPC requirements exceed our capacity, we’ll guide them toward commercial service providers. Our second objective is to facilitate the RPC needs of non-profit endeavors. If community focused non-profits ever need more RPC than our public service provides, we will work with them to meet the need.

Project Overview and Team Experience - UnitedBloc members excel in Linux administration, allowing us to deploy robust servers. Each member organization takes responsibility for deploying and maintaining their individual RPC servers. This approach leverages our collective expertise for a decentralized network architecture.

Overall Cost - This proposal encompasses combined operational costs for Moonbeam, Moonriver, and Moonbase Alpha for Q3 2023. The total requested amount is $10,800, equivalent to currently GLMR 44,289.2952 and MOVR 544.4432 in a 80%/20% ratio.

Use of Treasury Funds - As community collators reliant on community delegations, we have launched the RPC service to give back, operating with a non-profit focus. This grant covers our infrastructure costs for the RPC service across Moonbeam, Moonriver, and Moonbase Alpha, including the provision of boot nodes for all three networks. It excludes any margin or profit for UnitedBloc.

Specifications - The UnitedBloc RPC service encompasses four regions: North and South America, Europe, and Asia-Pacific. The service has grown to nearly 1.5bln requests per month across all three networks. We employ global DNS load balancing to efficiently route users to UnitedBloc servers in their respective regions. Within each region, OpenResty enhances RPC requests with additional load balancing and optimization. When demand surges, we promptly adjust by adding more servers or specific services. Our design is thus scalable, flexible, and cost effective.

We provide our endpoints at the following addresses:

https://moonbase.unitedbloc.com

wss://moonbase.unitedbloc.com

https://moonriver.unitedbloc.com

wss://moonriver.unitedbloc.com

https://moonbeam.unitedbloc.com

wss://moonbeam.unitedbloc.com

Steps to Implement - Our public RPC service has been fully operational, serving the community since early 2023.

The full proposal can be found here: UB Moonbeam RPC proposal - Retroactive Funding Proposal for Q3 2023 - Google Docs

UnitedBloc Linktree: unitedbloc | Twitter | Linktree

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Can we make sure that the 80/20 rule is followed? That is, the proposal should be such that 80% of the cost is requested in GLMR and 20% in MOVR.

Please update accordingly.

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Also - would be great if UnitedBloc could put together a forum post in the development area covering “Getting onboarded with UnitedBlock” to help teams who may be transitioning from another RPC provider or who are new to the ecosystem.

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Hey @aaron.mbf ! Good idea and yes will revisit the 80/20. Will get back to you soon.

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Agree with it, only to remember that need to use the 30d avg price at the time of submission on-chain

And update the post after of that, to show the correct numbers, wait until other Council members comment the support ( 3 requerided)

Aye from me as well (2 of 3 Council members)

Aye, considering the 80%/20% ratio and the 30-day average price rules

Hi @jose.crypto @aaron.mbf @mtca I’ve updated the post for the 80/20 breakdown. Let me know if its acceptable. Appreciate your approvals!

Breakdown looks good, please go ahead and make the on-chain proposals.

The proposals are moved on-chain.
The Moonbeam proposal ID is 17
The Moonriver proposal ID is 12

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here’s the link to the new on-chain proposal on Moonriver: https://moonriver.polkassembly.network/treasury/15

It appears that Proposal #12 was requested to be rejected due to the wrong funds recipient

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Hey @blackk_magiik && dear UnitedBloc team!

The newly appointed Treasury Council welcomes the continued collaboration for 2024 and would like to provide a quick update on the current state of treasury funding moving forward.

As RPC funding has been transitioned to a pre-paid model on a quarterly basis as outlined in this post, the Treasury Council is asking the selected super duo of RPC service providers seeking treasury funding to submit their proposals for Q1 2024 in a timely manner, ideally by January 15th.
Same as in Q3’23, please use the 30D TWAP for both GLMR and MOVR to USD conversion.

While the Council expects the RPC services provided and outlined in-depth in the initial post of this thread to remain unchanged for Q1 2024, they would kindly ask to provide detailed usage metrics for the last quarter of 2023.

Compared to the beginning of the preceding quarter, the MOVR token has significantly appreciated in value on an absolute as well as on a relative basis with the GLMR token. To reflect this in it’s spending, the Treasury Council would like to update the 80/20 rule towards a 60/40 rule in terms of GLMR/MOVR split ratio per USD requested.

Looking forward to your proposal :ring:

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Hey @_yrn noted! We’ll get back to you soon.

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