Dear Proposer,

Thank you for your proposal. Our **first** vote on this proposal is **AYE**. Below is the evaluation of our [voting policy v0.3](https://docs.permanence.io/voting_policy/voting_policy_v0.3.html) on this referendum:

```
WHITELISTED CALLER
------------------
8 available members
🟢 4 • 🔴 0 • ⚪️ 0
✓ ≥50.0% required participation met
▶ Ayes ≥60.0% of all votes
🟢 AYE
```

Below is a summary of our members' comments:

> Voters unanimously endorsed Polkadot Upgrade 2.0.5 with AYE votes. They expressed enthusiasm for the upgrade’s technical advancements, specifically noting the introduction of capped issuance, support for Solidity smart contracts, and the achievement of a two-second block time on the hub. Several comments referenced the advantage of previously approved capped issuance, while others anticipated enhanced network performance and efficiency resulting from the contract improvements and faster block times. Overall, the upgrade was viewed as a progressive enhancement that would build on existing strengths and pave the way for a more streamlined and capable future for the network.

The full discussion can be found in our [internal voting](https://voting.opensquare.io/space/permanence/proposal/Qmeqgoqpmuef6tG14FurLJaUTrTTZwyK3t4iz6oMxsaCHJ).

Please feel free to contact us through the links below for further discussion.

Kind regards, Permanence DAO Decentralized Voices Cohort V Delegate 📅 [Book Office Hours](https://cal.com/permanencedao/office-hours) 💬 [Public Telegram](https://t.me/permanencedao) 🌐️ [Web](https://permanence.io) 🐦 [Twitter](https://twitter.com/permanencedao) 🗳️ [Delegate](https://polkadot.subsquare.io/user/15ubZj6T7NUYyQw6j4XBkEMJ2vew5w9kqKEcN1QG7Z1weKDV/votes)

# Polkadot Upgrade 2.0.5

Highlights of the [full CHANGELOG](https://github.com/polkadot-fellows/runtimes/releases/tag/v2.0.5):  
- Capped Issuance
- Solidity Smart Contracts
- Two seconds block time on Hub

Check call construction [here](https://hackmd.io/@oliverty-parity/ByteLgBSbg).

call

Executed

Submitted

DecisionStarted

DecisionDepositPlaced

ConfirmStarted

Confirmed

whitelisted_caller

Polkadot Upgrade 2.0.5

root

wish_for_change

staking_admin

treasurer

lease_admin

fellowship_admin

general_admin

auction_admin

referendum_canceller

referendum_killer

small_tipper

big_tipper

small_spender

medium_spender

big_spender

Origin able to dispatch a whitelisted call.

Origin for signaling that the network wishes for some change

Origin able to cancel slashes and manage minimum commission.

Origin for spending up to 10,000,000 DOT from the treasury as well as generally administering it.

Origin for managing the composition of the fellowship.

Origin able to spend around 250 DOT from the treasury at once.

Origin able to spend around 1,000 DOT from the treasury at once.

Origin able to spend around 10,000 DOT from the treasury at once.

Origin able to spend around 100,000 DOT from the treasury at once.

Origin able to spend up to 1,000,000 DOT from the treasury at once.