Polkadot Digest 17 May 2024

Polkadot News

Referendum 702, proposing to restrict delegations on the Root, Treasurer, and Wish-for-Change tracks, is now failing with 47.6% in favor. https://polkadot.polkassembly.io/referenda/702

Referendum 706, proposing a maximum supply for the DOT token and changes to the inflation schedule, is now failing with 48.4% in favor. https://polkadot.polkassembly.io/referenda/706

There are 71 total Referenda up for vote on Polkadot OpenGov. For a list of referenda, see Polkassembly here: https://polkadot.polkassembly.io/all-posts?trackStatus=all&page=1

The staking rate on Polkadot continues to increase. It is now at 56.18%. https://staking.polkadot.network/#/overview

Kusama News

Referendum 392, proposing to enable some approval voting protocol improvements, is passing with 99.9% in favor. https://kusama.polkassembly.io/referenda/392

Referendum 395, proposing to raise the number of available cores to 60, is passing unanimously but without a Decision Deposit, cannot move to the Deciding Period. https://kusama.polkassembly.io/referenda/395