Polkadot Digest 12 Nov 2024

Polkadot News

Referendum 1271, proposing to upgrade Polkadot Relay Chain and Asset Hub to runtime 1.3.4 has sufficient support and barring any major voting changes, should start confirming today. [Whitelisted Caller] Upgrade Polkadot Relay and Asset Hub to v1.3.4, setting Polkadot inflation to 120M DOT per year | Polkassembly

Note that this upgrade will change Polkadot’s inflation rate to a stable 120 million DOT per year (equivalent to 8% and decreasing inflation). Polkadot's Economics Parameters: Proposal 3 (8% total inflation in the first year, then gradually decreasing)

The Dry Run tool allows you to check the effects of any governance proposal, even with cross-chain calls. Using it can help avoid the dreaded “Please vote Nay” Referendum title! x.com

The staking rate on Polkadot has decreased slightly to 55.91%. Polkadot Staking Dashboard | Polkadot Staking (DOT)

Kusama News

Referendum 466, proposing to upgrade Kusama to runtime 1.3.4, has confirmed. [Whitelisted Caller] Upgrade Kusama to 1.3.4 | Polkassembly

The staking rate on Kusama has decreased recently to 50.36%. Polkadot Staking Dashboard | Polkadot Staking (DOT)

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