This is a retry of [referendum 20](https://amplitude.polkassembly.io/referendum/20) and [referendum 22](https://amplitude.polkassembly.io/referendum/22) because that referendum could not be executed due to a missing preimage.



## Original description
Purpose of the referendum is to authorise the implementation of an Pendulum-own pallet that extends our current treasury pallet with a `buyout()` feature similar to the eq-treasury.
We propose the creation of this new pallet within Amplitude. It will allow KSM holders to seamlessly swap a specified amount of KSM tokens for **AMPE** tokens _directly_ from our treasury, thereby obtaining a token for gas fees.

For all details and new features related to this release, see [the GitHub release page](https://github.com/pendulum-chain/pendulum/releases/tag/amplitude-release-14).

This referendum is a significant step forward in the development and growth of the network.

The proposal from Subsquid Lab Official outlines ongoing development and maintenance costs for public Subsquid Archives and the Giant Squid API. It covers the provision of archives, a crucial component of Polkadot and Kusama data infrastructure, offering access to on-chain data for various parachains. Additionally, the Giant Squid API provides GraphQL endpoints for exploring relay and parachain statistics, supporting a wide range of projects. The proposal seeks funding for the continued operation and expansion of these services. Overall, it aims to enhance accessibility and usability of on-chain data for developers and users within the Polkadot and Kusama ecosystems.

Polkadot's sponsorship of the two-day Soulbound event during the Bali Blockchain Summit in August demonstrated significant benefits for Polkadot, as evidenced by the aftermovie and other success metrics.

The Bali Polkadot community organized 9 bi-weekly BlockTalk meet-ups, engaging over 270 participants, to share updates on Polkadot, the crypto market, and Blockchain and Web3 concepts.

Establishment of the Polkadot Sanctuary in Bali, providing a rent-free space as a central hub for Polkadot enthusiasts to access resources and foster collaboration.

Five Polkadot Ambassador Candidates have been onboarded to expand Polkadot's network and drive adoption in Bali, with one candidate already becoming a fully-fledged ambassador.

Efforts to persuade the local government to adopt Substrate and utilize the Polkadot ecosystem have been fruitful, creating job opportunities for substrate developers in the region.

The Polkadot community successfully hosted the Polkadot Decoded Viewing Party, drawing 70 attendees and showcasing the technological advancements and possibilities of Polkadot, igniting interest within the local blockchain community.

The Polkadot Sanctuary brand has been established across social media platforms, including Twitter and Telegram, with plans for website reconstruction by year-end.

- **Problem Statement:** Retry of referendums 20 and 22 due to a missing preimage, targeting the Polkassembly community.
- **Significance:** Implementing a Pendulum-own pallet with a `buyout()` feature to enhance the treasury pallet, enabling KSM holders to swap tokens directly from the treasury.
- **Proposed Solution:** Creation of a new pallet within Amplitude for seamless token swaps.
- **Expected Outcomes:** Advancement in network development and growth through enhanced treasury functionality.

Authorize runtime upgrade to Amplitude release 14

No Active Proposals