This proposal does two main things:
- It moves 5 million DOT from the Relay Chain to the Asset Hub's Treasury account. This was tested with KSM in Kusama 370 and allows for new spending methods like staged payouts.
- It sets asset rates as in Polkadot 645, but using XCM v4. This was not done during the upgrade to v4 because the referendum was already open.
The proposal needs approval from the Fellowship.
Does this circumvent the rule of 1% treasury burn every 24 days?