Proposal 718 aims to establish an Insurance Bounty within the Polkadot treasury to enhance fiscal efficiency. This fund will serve to mitigate discrepancies arising from price volatility. For instance, in the event of a proposal requiring funds and a sharp price decline due to volatility, the Insurance Bounty can be utilized to realign the budget of the affected proposal. This mechanism is designed to operate effectively regardless of whether prices rise or fall, guaranteeing that requested funds match the actual amounts needed. The bounty will be handled by known members of the community including applicant Crane.
https://polkadot.polkassembly.io/referenda/718