Polkadot Digest 30 May 2023

Polkadot News

Referendum 117, seeking to transfer certain unused / locked funds back to the Treasury, has failed. https://polkadot.polkassembly.io/referendum/117

As this was a public referendum, a supermajority was required to have it pass. For details, see https://wiki.polkadot.network/docs/learn-governance#adaptive-quorum-biasing

Referendum 118, proposing to gradually increase the ideal number of validators in the active set on Polkadot to 400, is now failing with 33.6% in favor. https://polkadot.polkassembly.io/referendum/118

Referendum 119, proposing to swap to perform a parachain lease swap between two different parachain IDs controlled by Acala, is passing with 66% in favor and 13 days left to vote. https://polkadot.polkassembly.io/referendum/119

Referendum 120, proposing to upgrade the Collectives parachain runtime to v9420, which would also enable the Fellowship on this parachain, is passing almost unanimously with a few hours to vote. https://polkadot.polkassembly.io/referendum/120

Referendum 121, proposing to upgrade the relay chain to runtime 9420 and enable Polkadot OpenGov, is passing with 99% in favor and 20 days left to vote. https://polkadot.polkassembly.io/referendum/121

Referendum 122, which was already superseded by Referendum 113 and the proposer asked to not vote in favor of, is failing with 0% in favor. https://polkadot.polkassembly.io/referendum/122

There is a discussion on the Polkadot Forum about changing the name of chain name of Statemint to Polkadot Asset Hub. https://forum.polkadot.network/t/statemint-to-asset-hub/2981/5

The staking rate on Polkadot continues to slowly increase and is now at 43.11%. https://staking.polkadot.network/#/overview

Kusama News

Karura is in the lead in the current parachain lease auction, but anonymous parathread ID 2267 was in the lead the majority of blocks in the Ending Period. https://parachains.info/auctions/kusama

This means that either of these parachains can potentially win the lease auction. For details on how candle auctions work, see https://wiki.polkadot.network/docs/learn-auction#mechanics-of-a-candle-auction

Referendum 195, updating relayVrfModuloSamples to 6, has passed and executed. https://kusama.polkassembly.io/referenda/195

There are currently 11 Referenda up for vote in Kusama OpenGov. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama-rpc.dwellir.com#/referenda