**TL;DR**

This proposal requests approval for payment to the Subscan team for ongoing support and operation of Pendulum’s integration on the Subscan block explorer for the period 01/05/2025 to 30/04/2026. The total consideration amounts to $10,540.80, partially settled in USDC and PEN tokens.



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**Description**

Following last year’s successful integration of the Pendulum network into the Subscan block explorer, the Subscan team has continued to operate, maintain, and support the service. This proposal seeks to fund the associated operational costs for the current contract term (01/05/2025–30/04/2026), based on Subscan’s invoice dated 16 May 2025. The payment terms have been mutually agreed upon as follows:

* **Total amount:** $10,540.80
* **To be paid in USDC:** $2,500
* **To be paid in PEN tokens:** $8,040.80
* **Exchange rate used for PEN:** $0.012 (30-day EMA as of 27 May 2025)
* **PEN amount equivalent:** 670,066.67 PEN


**Recipient address (PEN):**

13TMZUHkw2AMnEdDXa3fVS73zCr7FEXwh4fXYEfuQiu1UtbY

**Breakdown of Subscan’s ongoing Operation and Maintenance services:**

* Computing resources (collecting and parsing chain data, handling web user requests)
* Database storage (indexing and storing chain data)
* Network egress bandwidth
* Monitoring and DevOps (alerts, CI/CD automation)
* Node status monitoring and notification
* Technical support for the Pendulum development team


**Context**

In 2024, Pendulum paid Subscan a total of $37,540.80 for both integration and one year of operation, partially in PEN tokens. This new proposal continues that collaboration based on mutual agreement with Subscan and reflects a revised cost structure focused solely on ongoing operation and maintenance.

Subscan remains a critical piece of Pendulum’s infrastructure, providing accessible and reliable visibility into chain data for developers, users, and ecosystem partners.

- **Problem Statement:** Requesting payment for ongoing support and operation of Pendulum’s integration on Subscan block explorer for 01/05/2025 to 30/04/2026.
- **Significance:** Ensuring continued operation and maintenance of Pendulum's integration on Subscan is crucial for developers, users, and ecosystem partners.
- **Proposed Solution:** Payment of $10,540.80 to Subscan for operational costs, with $2,500 in USDC and $8,040.80 in PEN tokens.
- **Expected Outcomes:** Sustained operation and support of Pendulum's integration on Subscan, enhancing accessibility and reliability of chain data.

#3 Payment to Subscan for continued support and operation of Pendulum integration