Beneficiary Account:
3zkooCHZAiukUCPp1dXwTRkRwyfzcyzFFZ1tptXwZShnFoPx
Budget Request:
Total Expenses: 5,000 USD
EMA15 Exchange Rate: 1 PHA = 0.057 USD
Equivalent in PHA: 87,719 PHA
In April 2023, the Phala Network officially integrated with the Sygma Bridge, enabling seamless cross-chain transfers of PHA between Phala, Ethereum, and Khala networks.
Over the past two years, the Sygma team has continuously supported the Phala community by maintaining a reliable and secure bridge, significantly improving PHA’s accessibility and liquidity across ecosystems.
During this period, Sygma has:
As part of Phala’s ongoing network consolidation and infrastructure upgrade, the Phala ↔ Ethereum Sygma Bridge was officially shut down on November 10, 2025, with the Phala team now completing fund migration and settlement.
To recognize Sygma’s two years of continuous contribution and unpaid support, this proposal requests:
This payment aims to acknowledge and cover the following areas:
The Sygma team has played an essential role in ensuring stable cross-chain interoperability between Phala and Ethereum since 2023.
Their professionalism, reliability, and timely technical assistance have contributed greatly to Phala’s multi-chain ecosystem.
The Phala Network and Sygma Bridge have worked together since April 2023 to allow PHA tokens to be transferred between Phala, Ethereum, and Khala networks. The Sygma team has helped with bridge deployment, technical support, and resolving issues. The Phala ↔ Ethereum Sygma Bridge was closed on November 10, 2025, and this proposal asks for a one-time payment of 5,000 USD in PHA tokens to thank the Sygma team for their work. The payment will cover bridge operation costs, technical help, and support during the bridge's migration and shutdown. This payment is a one-time grant and not a long-term commitment, but the Phala community is open to future collaborations with Sygma.