**TL;DR** This proposal requests treasury approval to fund the Subscan block explorer for the upcoming quarter (01/05/2026 – 31/07/2026). By successfully migrating to our own self-hosted node, we eliminated Subscan's monthly node fees. The discounted quarterly total is **$1,198.50**, to be settled in a 50/50 split of USDC and PEN.

**Financial Breakdown & Execution** The payment terms have been mutually agreed upon with the Subscan team:

* **Total Amount:** $1,198.50
* **USDC Portion (50%):** $599.25
* **PEN Portion (50%):** $599.25 equivalent
* **PEN Amount:** **28,135 PEN** *(based on the agreed 30-day EMA)*

**Recipient Address:**

* **PEN:** 6ewYjKQSoSZMVN2GpkFd3vqbDKMnGSKR3uFkBMbPhGMv6a96

**Context & Operation Services** Subscan remains critical infrastructure for the Pendulum ecosystem, ensuring reliable chain data visibility for developers and users. This payment covers their ongoing operation and maintenance costs (database storage, API handling, network egress, and DevOps monitoring) under our newly optimized, cost-saving node setup.

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