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Director of Education and Governance Initiatives at Web3 Foundation

Polkadot Digest 8 May 2024 Polkadot News Referendum 680, to initialize the Snowbridge Ethereum bridge, is currently passing almost unanimously. https://lnkd.in/ehdPzrb4 Referendum 741, to move part of the the Polkadot Treasury to the Asset Hub, is now up for vote. https://lnkd.in/eT2k-y5R Referendum 740, upgrading the Bridge Hub runtime to 1.2.2 and fixing the issue with Polkadot-Kusama bridge, is now up for vote. https://lnkd.in/e9GeWR4B With two and a half days left in the current parachain lease auction, Parathrad 3358 remains in the lead with ~ 38% of blocks in the Ending Period. https://lnkd.in/eprfEN7P The Polkadot staking rate continues to increase and now stands at 54.83%. https://lnkd.in/eJAj3XXW Note that the staking rate influences staking rewards. For details, see https://lnkd.in/eWfZphaf Kusama News Interested in seeing how bulk coretime sales are going on Kusama? You can use Subscan’s dashboard here: https://lnkd.in/ewQrAfv6 Barring any major changes in voting, Referendum 384, registering the People Chain and upgrading the Coretime chain to runtime 1.2.3, will execute. https://lnkd.in/e2ZH7iiV This will re-enable identity on Kusama, on the People Chain instead of the relay chain. All current identities will be migrated to the People Chain. Referendum 391, testing the “voidSpend” functionality for Treasury payouts, is now up for vote. https://lnkd.in/eyYSvfuj The Polkadot Digest will be off tomorrow, as it is a holiday in Zug and I will be off.

Initialize Snowbridge on BridgeHub and AssetHub

Initialize Snowbridge on BridgeHub and AssetHub

polkadot.polkassembly.io

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