Polkadot Digest 20 Apr 2023

Polkadot News

Have any questions about Polkadot? I am holding an AMA today at 12.00 UTC (14.00 CET). Ask your questions here! https://twitter.com/BillLaboon/status/1647902889598222341

Referendum 112, proposing to immediately increase the number of validators in the active set to 500, is failing with 25% in favor and 10 days left to vote. https://polkadot.polkassembly.io/referendum/112

Referendum 114, proposing to onboard a Bridge Hub system parachain to Polkadot, is currently passing with 99% in favor and 20 days left to vote. https://polkadot.polkassembly.io/referendum/114

Note that this was fast-tracked by the Technical Committee. The voting period is normal, but if it passes, enactment will occur approximately one hour afterwards. https://wiki.polkadot.network/docs/learn-governance#technical-committee

Referendum 115, proposing to open three new HRMP channels between Statemint and Bitgreen/Subsocial/Manta, is passing unanimously with 26 days left to vote. https://polkadot.polkassembly.io/referendum/115

The staking rate on Polkadot has increased slightly to 47.5%. https://staking.polkadot.network/#/overview

Remember that staking rewards and Treasury funding are impacted by the staking rate. For details, see https://wiki.polkadot.network/docs/learn-staking-advanced#inflation

Kusama News

With four days left in the current parachain lease auction, Bajun Network has been in the lead the entire Ending Period so far. https://parachains.info/auctions/kusama

Referendum 160, a testing referendum, has passed (with no effect). https://kusama.polkassembly.io/referenda/160

The staking rate on Kusama has increased slightly to 51.75%. https://staking.polkadot.network/#/overview