Polkadot Digest 27 Mar 2023

Polkadot News

With the Ending Period starting in a few hours, Moonsama is in the lead in the current parachain lease auction. https://parachains.info/auctions

Referendum 111, adjusting nomination parameters, is passing with 99% in favor with just 1 day left to vote. https://polkadot.polkassembly.io/referendum/111

Specifically, Ref 111 will increase minimum nomination pool creation bond to 500 DOT, increase size required to directly nominate to 250 DOT, increase the maximum number of pools to 256, and enable fast-unstake on Polkadot.

Web3 Philosopher has written an article about using fraud proofs for Byzantine fault tolerant cross chain bridges. https://forum.polkadot.network/t/byzantine-fault-tolerant-cross-chain-bridges/2399

Kusama News

With three days left in the current parachain lease auction, Aband has been in the lead the entire Ending Period. https://parachains.info/auctions/kusama-71-75#kusama%5Fauction%5F74

Referendum 130, opening various two-way HRMP channels between Amplitude, MangataX, Imbue, Tinkernet, GM Parachain, has passed and executed. https://kusama.polkassembly.io/referenda/130

Referendum 129, removing an old preimage from storage, has passed and executed. https://kusama.polkassembly.io/referenda/129

There are now 10 OpenGov referenda available for voting by any KSM holder. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2F1rpc.io%2Fksm#/referenda

The Kusama staking rate continues to increase, and is now slightly over 52%. https://staking.polkadot.network/#/overview