Polkadot News
A new parachain lease auction has begun and with one day to go before the Ending Period, Acala is in the lead. https://parachains.info/auctions
August saw a further reduction in Treasury spending, but there was still a net decrease of 875’945 DOT. https://dune.com/substrate/polkadot-gov
One of the reasons for this is that the actual staking rate is very close to the ideal staking rate, meaning less inflow into the Treasury. See Treasury · Polkadot Wiki
You can watch my talk on “The Prehistory of Blockchain” at Web3 Summit 2024 here: https://www.youtube.com/watch?v=lsNMWrSMTz4
I also recently had an interview with SimonXPE (Space4Build) on the challenges of education about Web3 and Polkadot. https://www.youtube.com/watch?v=fGwn6On_tVE
The staking rate on Polkadot has increased slightly to 58.98%. Polkadot Staking Dashboard | Polkadot Staking (DOT)
Kusama News
Did you know an elastic scaling MVP was released this summer and is scheduled to go live on Kusama within the next month? Elastic Scaling MVP launched
Referendum 448, proposing to decrease the amount of reserved KSM when registering a parathread ID, is currently passing almost unanimously. Decrease the amount of reserved KSM when register thread id with code/genesis. Warning to all KSM holders and devs! | Polkassembly