Polkadot Digest 18 Nov 2024

Polkadot News

The Polkadot relay chain has updated to runtime 1.3.4, meaning among other things that inflation has been reduced from 10% to 8%-and-decreasing. https://polkadot.subscan.io/extrinsic/23463101-3?event=23463101-32

Referendum 1217, a Wish-for-change to unify the Polkadot ecosystem address format, has passed and executed. [ Wish for change ] Unifying Polkadot Ecosystem Address Format | Polkassembly

Referendum 1267, proposing the new Polkadot Ambassador Fellowship, is currently passing with 77.2% in favor. The Polkadot Ambassador Fellowship | Polkassembly

Kusama News

Referendum 469, setting a minimum coretime price, is currently passing almost unanimously. Minimum coretime price | Polkassembly

There are now three candidates for Kappa Sigma Mu, two already with sufficient votes for membership. https://ksmsociety.io/explore/candidates

The Kusama staking rate has continued to decrease and is now at 49.22%. Polkadot Staking Dashboard | Polkadot Staking (DOT)

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