Polkadot Digest 29 Mar 2023

Polkadot News

Referendum 111, adjusting nomination parameters in Polkadot, has passed and executed (details below). https://polkadot.polkassembly.io/referendum/111

Minimum nomination pool creation bond has increased to 500 DOT, size required to directly nominate has increased to 250 DOT, maximum number of pools is now 256, and fast-unstaking is now enabled.

Note that there are several important restrictions in using fast-unstake. For details, see https://wiki.polkadot.network/docs/learn-staking#fast-unstake

With three days left in the current parachain lease auction, Moonsama has been in the lead the entire Ending Period. https://parachains.info/auctions/polkadot

The DOT staking rate has remained relatively stable at 47.18%. https://staking.polkadot.network/#/overview

Kusama News

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

After steady growth in the staking rate over the last week, it has decreased a bit in the last 24 hours, down to 51.98%. https://staking.polkadot.network/#/overview

Referendum 131, supporting a fiat onramp support Bounty, has passed. https://kusama.polkassembly.io/referenda/131

Now that 131 has passed, Referendum 141, selecting a Curator for this Bounty program, is now being voted on. https://kusama.polkassembly.io/referenda/141

The original proposer of Referendum 140, seeking to open an HRMP channel between GM Parachain and MangataX, has asked for people to vote NAY on it. https://kusama.polkassembly.io/referenda/140