Polkadot Digest 29 Apr 2024

Polkadot News

The Kusamarian has released “Gavin Wood: The Gray Paper Interview” on JAM and the future of Polkadot. https://www.youtube.com/watch?v=O3kRAVBTkfs

LAOS has won the most recent parachain lease auction. Auctions and crowdloans on Polkadot & Kusama networks | Parachains.info

There is a proposal to create the Polkadot Community Foundation, a Cayman Islands entity to represent DOT holders. Proposal: Establish the Polkadot Community Foundation to represent DOT holders IRL | Polkassembly

Referendum 680, proposing to initialize SnowBridge on BridgeHub and AssetHub, is passing nearly unanimously. Initialize Snowbridge on BridgeHub and AssetHub | Polkassembly

Referendum 682, proposing ratifying JAM as the path forward for the Polkadot relay chain, is passing nearly unanimously. Proposal for JAM Ratification, Conformance, Performance by Polkadot Fellows | Polkassembly

Referendum 688, proposing to enable asynchronous backing on Polkadot, is passing nearly unanimously. Enable async backing on polkadot | Polkassembly

Asynchronous backing provides an 8x increase in parachain throughput, by increasing computing time and decreasing block time to 6s. For details, see Asynchronous Backing · Polkadot Wiki

The staking rate on Polkadot continues to increase and is now at 53.13%. Polkadot Staking Dashboard | Polkadot Staking (DOT)

Kusama News

Referendum 382, proposing to test out a multi-stage payout from the Treasury, is currently passing with almost 100% in favor. Kusama Asset Hub Treasury - Multi-stage payout proposal | Polkassembly

The staking rate on Kusama is now at 51.64%. Polkadot Staking Dashboard | Polkadot Staking (DOT)