
Kusama Referendum 514 proposes to register Snowbridge assets on the Kusama Asset Hub so that ERC-20 tokens can be bridged via a double-hop through Snowbridge and the Polkadot<>Kusama bridge.
In Big Spender referendum 1587 Snowfork is requesting a $5M USD equivalent in vested payments for completed milestones and 12 months of operational costs of Snowbridge. The payments allocated to operational costs and team incentives ($3.75M) will be held in the Insurance and Bug Bounty Coverage wallet, vested over 12 months. Funds may be diverted to reward identifiers of vulnerabilities, or compensate victims of a bridge exploit.