Polkadot Digest 20 Feb 2023

Polkadot News

There is an AMA session on Polkadot OpenGov, Polkadot’s next-generation governance system, on 24 Feb at 16.00 CET (14.00 UTC) featuring Raul Romanutti, Polkadot Council Member, along with Radha and Juan from W3F. https://www.crowdcast.io/e/polkadot-how-tos/register?session=3

Interested in understanding, XCM (Cross-Consensus Message Format), a format for allowing parachain, smart contracts, bridges, and other consensus mechanisms to easily communicate? Watch the Polkadot Deep Dive on the topic here: https://www.youtube.com/watch?v=kAAzgpTAMZ4

Or if you want a quick run-down on the topic, you can read the Polkadot Wiki page on the topic here: https://wiki.polkadot.network/docs/learn-xcm

With less than a day to go in the current parachain lease auction, Hashed Network has been in the lead the entire Ending Period. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fpolkadot.api.onfinality.io%2Fpublic-ws#/parachains/auctions

The DOT staking rate has increased slightly, to 47.6% of issuance currently staked. https://staking.polkadot.network/#/overview

Almost 2.2 million DOT are currently bonded in nomination pools, with 6’215 accounts staking via pool. https://staking.polkadot.network/#/overview

Kusama News

There are now 10 Kusama OpenGov Referenda up for vote. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama.api.onfinality.io%2Fpublic-ws#/referenda

Referendum 101, setting the Kusama parachain lease auction schedule for the rest of 2023, currently has 99.9% approving, but does not yet have enough support (percentage of issuance voting) to pass. https://kusama.polkassembly.io/referenda/101

To understand approval, support, and other aspects of Kusama OpenGov, see the Kusama Guide page on the topic here: https://guide.kusama.network/docs/learn-opengov/

Parathread ID 2258 is in the lead in the current parachain lease auction, but parathread ID 2259 has also been in the lead during the Ending Period. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama.api.onfinality.io%2Fpublic-ws#/parachains/auctions