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. https://parachains.info/auctions

There is a proposal to create the Polkadot Community Foundation, a Cayman Islands entity to represent DOT holders. https://polkadot.polkassembly.io/post/2278

Referendum 680, proposing to initialize SnowBridge on BridgeHub and AssetHub, is passing nearly unanimously. https://polkadot.polkassembly.io/referenda/680

Referendum 682, proposing ratifying JAM as the path forward for the Polkadot relay chain, is passing nearly unanimously. https://polkadot.polkassembly.io/referenda/682

Referendum 688, proposing to enable asynchronous backing on Polkadot, is passing nearly unanimously. https://polkadot.polkassembly.io/referenda/688

Asynchronous backing provides an 8x increase in parachain throughput, by increasing computing time and decreasing block time to 6s. For details, see https://wiki.polkadot.network/docs/learn-async-backing

The staking rate on Polkadot continues to increase and is now at 53.13%. https://staking.polkadot.network/#/overview

Kusama News

Referendum 382, proposing to test out a multi-stage payout from the Treasury, is currently passing with almost 100% in favor. https://kusama.polkassembly.io/referenda/382

The staking rate on Kusama is now at 51.64%. https://staking.polkadot.network/#/overview