This proposal is about approving a treasury proposal to pay the Subscan team for its integration costs + maintenance costs to add Pendulum network to the Subscan block explorer for total consideration of $37,540.80 payable in USD and PEN.

Thereof, the total payment in PEN tokens comprises-:
1. Integration costs - 30% or $8,100 of the total integration cost, paid in PEN tokens
1. Operation and Maintenance (01/05/2024-30/04/2025) - $10,540.80, paid in PEN tokens.

The total amount is $18,640.80 (**244,597.822 PEN**) as per 30-Day volume weighted average price (19 April, 2024).

Funds are to be sent to `6eWV45k2Mt8Z981YtK5Ld2PppAQZhcdQvGxGDDgabbQ4tf2Q`.

Following is the breakdown of the effort required by Subscan team:

1. Development
   1. Deep integration of Substrate native modules: balances, bounties, council, democracy, identity, multisig, polkadotXcm, session, system, technicalCommittee, tips, treasury, timestamp, utility, vesting, xcmpQueue, etc.
   1. Query and display blocks, extrinsic, events, accounts of Substrate chain.
   1. Open API service and API documents.
   1. Customized UI theme in line with Pendulum brand.
1. Operation and Maintenance
   1. Computing resources (collect and parse chain data, serve web user requests)
   1. Database storage (index and store the chain data)
   1. Network egress bandwidth (serve web user requests)
   1. Monitoring and DevOps (internal alerting pipeline, CI/CD automation)
   1. Node status monitoring and notification (used to notify the network development team)
   1. Technical Support

## About Subscan
[Subscan](https://www.subscan.io/) is a **high-precision Web3 explorer which can quickly support Substrate ecological network**. In addition to searching for Block, Extrinsic, Event, and Account, it provides user-friendly interactive experience in Staking, EVM, Parachain and other modules.


The proposal outlines AngelHack's Polkadot Global Series: Europe Edition, aiming to foster engagement within the Web3 community. It recaps the virtual hackathon and in-person dotSocial event, detailing participant metrics, challenge tracks, and budget breakdown. Notable outcomes include 923 participants, 495 formed teams, and diverse track winners. Insights reveal strong interest in blockchain, desire for better mentorship, and clearer communication. Future improvements include enhanced team formation support, clearer guidelines, and expanded workshop offerings. Despite falling short of some registration targets, the event successfully engaged a diverse group and provided valuable learnings for future hackathons. AngelHack seeks funding for the event's execution, emphasizing its impact on developer outreach and project adoption within the Polkadot ecosystem.

Attract financial institutions to the Polkadot ecosystem.

Approve a proposal. At a later time, the proposal will be allocated to the beneficiary
and the original deposit will be returned.

May only be called from `T::ApproveOrigin`.

## Complexity
 - O(1).

- **Problem Statement:** Approving a treasury proposal to pay Subscan team for Pendulum network integration and maintenance costs.
- **Significance:** Enhancing the Subscan block explorer with Pendulum network integration.
- **Proposed Solution:** Paying $37,540.80 for integration and maintenance costs in USD and PEN tokens.
- **Expected Outcomes:** Improved Subscan functionality with Pendulum network integration.

#32 Payment to Subscan for integrating with Pendulum network

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