This is a referendumV2 whose proposer address (EDVirtoiVjAv8HFZwSGbiBcY6P4kDFba9VKsBS911Aw8evX) is shown in on-chain info below. Only this user can edit this description and the title. If you own this account, login and tell us more about your proposal.

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beneficiary

- **Problem Statement & Audience:** Proposal to fund the Virto team at a reduced rate of 260KSM per period for the remainder of 2024, targeting the Kusama community.
- **Significance:** Developing the VirtoSDK to provide modular, multi-platform, and light client-side tools to enhance the PolkadotSDK for the Kusama community.
- **Proposed Solution:** Virto team will work on pallets like payments, communities, pass, matrix, and more to improve user and developer experience in the ecosystem.
- **Expected Outcomes:** Enhancing the PolkadotSDK, fostering a self-sufficient Virto team, and addressing social inequality through the local incentives protocol.

Referenda #349