Polkadot Digest 2 Jun 2025

Polkadot News

Referendum 1542, proposing funding 5 million DOT for the “Polkadot Gigahydration Campaign”, has been approved. https://polkadot.polkassembly.io/referenda/1542

Note that upon execution, Hydration has committed to returning 3 million DOT back to the Polkadot Treasury. https://hydration.subsquare.io/referenda/90

Referendum 1584, proposing to refill the Polkadot Marketing Bounty for six months, is now up for vote. Polkassembly - Referendum #1584

Kusama News

Referendum 533, proposing to raise the minimum validator commission from 10% to 15%, is now up for vote. Increasing the Validator minimum commission from 10% to 15% | Polkassembly

There are currently four candidates for Kappa Sigma Mu. https://ksmsociety.io/explore/candidates

Fun fact: Kusama’s inflation rate is about the same as that of the Russian Federation (around 10%), while the Russian Central Bank pays an interest rate of 21%, which is more than Kusama’s staking rewards.

Question: What war is Kusama fighting, or are they voluntarily pursuing such a destructive monetary policy?

Another fun fact: anyone can make a proposal to adjust the inflation rate on Kusama. If you think it is too high, the best thing to do is make a proposal to adjust it. This was already done on Polkadot, which is why it has a lower inflation rate (currently around ~7.8% and dropping).