Polkadot Digest 16 May 2025

Polkadot News

Asset Hub migration on Westend has successfully completed. Account balances, staking, and governance have moved off the relay chain to a parachain. Subscan | Westend Block Details

This will eventually occur on Kusama and Polkadot as well, making it both easier to interact with these systems as well as allowing for more scalability. For details, see the FAQ here: Asset Hub Migration FAQ - Google Docs

The 2025 Q1 Treasury Report from alice_und_bob was published on the Polkadot Forum. 2025-Q1 Polkadot Treasury Report

Key insights: This was the first positive quarter for Treasury flow since reporting began, and Polkadot currently has 10 years’ worth of reserves. But note the Treasury is a renewable resource.

Kusama News

Referendum 521, setting an asset conversion rate and thus allowing DOT Treasury spends on Kusama, is passing with 79.1% in favor. Set Asset rate for DOT/KSM to enable treasury spends of DOT through Kusama OpenGov | Polkassembly

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