This is a treasury proposal whose proposer address (GCMGu8sjEuEZuMZavo5PLvAhr8fJXAty76jDV1YPquG9erp) 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.

- Problem Statement: Collators on System Parachains lack adequate rewards, leading to under-resourcing and reduced incentives.
- Significance: Incentivizing Collators is crucial for network efficiency and security.
- Proposed Solution: Monthly operating costs payment for service providers in Q4 2023, transitioning to a bounty system in 2024.
- Expected Outcomes: Securing 844.654 KSM for Collators for services provided from 10-12/2023, ensuring sustainable funding and network stability.

Treasury Proposal #387