# Polkadot Digest 18 Nov 2024

**URL:** <https://forum.polkadot.network/t/polkadot-digest-18-nov-2024/10854>\
**Category:** Digest\
**Created:** [November 18, 2024, 9:53am UTC](https://forum.polkadot.network/t/polkadot-digest-18-nov-2024/10854 "2024-11-18T09:53:39Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![bill\_w3f](https://dub1.discourse-cdn.com/flex005/user_avatar/forum.polkadot.network/bill_w3f/32/910_2.png) [@bill\_w3f](https://forum.polkadot.network/u/bill_w3f)\
**Post date:** [November 18, 2024, 9:53am UTC](https://forum.polkadot.network/t/polkadot-digest-18-nov-2024/10854/1 "2024-11-18T09:53:39Z")

</div>

## 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. [Subscan | Polkadot Extrinsic Details](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. [Polkassembly - Referendum #1217](https://polkadot.polkassembly.io/referenda/1217)

Referendum 1267, proposing the new Polkadot Ambassador Fellowship, is currently passing with 77.2% in favor. [Polkassembly - Referendum #1267](https://polkadot.polkassembly.io/referenda/1267)

## Kusama News

Referendum 469, setting a minimum coretime price, is currently passing almost unanimously. [Polkassembly - Referendum #469](https://kusama.polkassembly.io/referenda/469)

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

The Kusama staking rate has continued to decrease and is now at 49.22%. [Polkadot Cloud Staking | Polkadot Staking (DOT)](https://staking.polkadot.cloud/#/overview)