

A JAM implementer has opened 4 new proposals that would overturn the previously passed Polkadot referendum 1926. Referendum 1926 passed with close to 100% Aye. It mandates: * 100% revenue from JAMKB (sales, leases, rentals) burned automatically, with no treasury build-up. * No footprint as a grant, gift or below-market loan. * Every footprint allocation, to anyone, for any purpose, paid at market price. It was DOT holders' reaction to JAMKB -- DOT holders funded JAM, so JAM’s scarcest resource should pay them back through burns. Referendum 1926 was just 3 months old, and its foundation is already loosening.

I actually want to applaud W3F for their decision to reject the $3.5M Polkadot Fellowship proposal. But then what happened among the Fellowship members is pure hypocrisy. The proposer personally has his last salary claimed on Aug 24. And 9 days later he "realized", after W3F posted their decision to reject.



