This is a treasury proposal whose proposer address (CuqfkE3QieYPAWPpwiygDufmyrKecDcVCF7PN1psaLEn8yr) 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:** Developing a drand to Substrate bridge to address limitations in existing randomness solutions for Substrate-based chains.
- **Significance:** Verifiable randomness is crucial for fairness in decentralized protocols, and the proposed solution enables robust onchain randomness and timelock encryption, fostering ecosystem growth.
- **Proposed Solution:** Creation of a drand bridge pallet, node template supporting arkworks host functions, chain extension, and contract environment for ink! smart contracts, along with a demo dapp.
- **Expected Outcomes:** Enhanced support for other beacons, elimination of current limitations, and the provision of secure verifiable randomness and timelock encryption capabilities for other networks.

Treasury Proposal #415