The Pendulum Team have put up a proposal requesting 50,000 DOT from the Polkadot treasury.
This DOT will be minted into vDOT and utilized as collateral on Pendulum's Spacewalk Bridge, enabling the bridging of stablecoins from Stellar.
The loan will be fully repaid in July 2025 or an extension requested.
https://twitter.com/pendulum_chain/status/1788562740186943911?t=DBBVO1K6ONn6O82SRrHNrg&s=19