Origin for signaling that the network wishes for some change

wish_for_change

**Proposal: 5% Minimum Validator Commission Fee for Polkadot**

- **Purpose**: To ensure sustainability for smaller validators and maintain decentralization.
- **Motivation**: 
  - Increased validator set and reduced inflation have lowered rewards.
  - Rising hardware costs and larger database sizes make operations more expensive.
  - Validator earnings have dropped by 56% in the past year.
- **Proposal**: Set a minimum commission fee of 5% for validators.
- **Benefits**:
  - Encourages smaller operators to participate, enhancing decentralization.
  - Helps validators cover rising operational costs.
  - Aligns Polkadot with Kusama's practice, ensuring economic sustainability.
  - Improves network security and performance with better hardware.

Preparing

Set a 5% Minimum Validator Commission Fee for Polkadot

- **Bounty Objectives**: Bounties must have clear goals and can only use funds for those goals.
- **Funding**: Bounties can request funds once per quarter and must provide detailed budgets, timeframes, and past activity reports.
- **Curators**: Curators must have verified identities, cannot approve their own payments, and must report conflicts of interest.
- **Recipients**: Recipients must also have verified identities and cannot be paid twice for the same work.
- **Transparency**: Bounties must maintain public communication channels, update progress regularly, and provide detailed financial reports.
- **Flexibility**: Bounties can change objectives but must request changes formally.
- **Simplicity**: Transparency reports should be simple and can be posted on governance platforms like Subsquare or Polkassembly.

Executed

Polkadot OpenGov sets standards for bounties. Bounties must have clear objectives, request funding quarterly, and provide transparency reports. Curators and recipients must have verified on-chain identities. Transparency materials include an overview page, spending policy, child bounties table, monthly progress summary, and quarterly financial statement. The proposal does not prescribe success metrics, end dates, or a dedicated website. Transparency requires both summary and detail, and summaries can be short bullet points.

Bounty Compliance Standards 1.0

### Acurast Proposal Summary

- **Proposal**: Acurast seeks approval for inclusion in Polkadot's marketing narratives.
- **Current Status**: Acurast Canary testnet is active on Kusama with 17,000+ phones and 84M+ transactions.
- **Future Plans**: Acurast plans to launch its mainnet on Polkadot soon.
- **Recent Proposals**: Acurast is following other recent proposals like Moonbeam, Hydration, Novasama, and Centrifuge.
- **Requirement**: Specific approval is needed for continued inclusion in marketing narratives via OpenGov.
- **Links**: More info at [Acurast Website](https://acurast.com) and [Acurast Docs](https://docs.acurast.com/).

WHO: Acurast
WHAT: Place an on-chain remark for inclusion in Polkadot Bounty #33 marketing narratives
PRICE/TIMEFRAME/RESOURCES: Not specified

Inclusion of Acurast in Marketing Narratives

TimedOut

To Be Timed Out

### Summary
- This proposal aims to simplify Polkadot's address format to improve user experience.
- Currently, there are over 150 different address formats, causing confusion.
- The plan is to use a single address format (Prefix:0) for all compatible chains.
- This will help users easily recognize their accounts across different chains.

### Benefits
- Simplifies user experience.
- Reduces confusion and risk of sending assets to the wrong chain.
- Streamlines development for builders.

### Implementation
- Guides and tools will be created to help with the transition.
- Wallets, dApps, and exchanges will be updated to support the new format.

### Impact
- This change will make the Polkadot ecosystem more user-friendly and accessible.

[ Wish for change ] Unifying Polkadot Ecosystem Address Format

### Summary of Gavin Wood's Inflation Proposal for Polkadot

1. **Inflation Model**: Gavin Wood proposed a model where inflation is set at 10% of the difference between the maximum supply and the current supply. This ensures gradual inflation without ever reaching the maximum supply.

2. **Example Calculation**:
   - **First Year**: 10% of the difference between 3,141,590,000 (Pi) and 1,500,000,000 results in 164,159,000 new $DOT.
   - **Second Year**: 10% of the new difference results in 147,743,100 new $DOT.

3. **Advantages**:
   - **Clear Path**: Provides a clear and stable inflation path for the next 5-10 years, reducing uncertainty.
   - **Investor Trust**: Assures investors that the supply will not double every 7 years, boosting confidence.
   - **Self-Sufficient**: Does not require yearly updates or changes, unlike other proposals.

4. **Proposed Change**: The author suggests using Euler's number (2.71828) instead of Pi for the maximum supply, aiming for a slightly lower inflation rate.

5. **Voting**: The proposal aims to gain community support and, if approved, will compete with other proposals like WFC #1139.

6. **Mathematical Context**: Euler's number (e) is a mathematical constant used in various fields, including calculus and probability theory.

7. **Investor Impact**: The proposal aims to calm investor fears about rapid supply increases and provide a clear, optimistic outlook.

Inflation decreasing - Gavin Wood vision

- The proposal suggests implementing a KYC/DID system for:
  - HA (presumably a role or entity)
  - Ambassadors of all ranks
  - Curators of all current and future bounties
- The goal is to discourage bad actors and support those who want to improve the ecosystem.
- OpenGov is evolving and faces disputes, so this system could help manage them.
- The proposer is not a developer and leaves technical integration details to experts.
- The term "KYC" is used informally and Kilt DID should be used for security.
- This system would be in place until a Polkadot citizenship system is fully operational.

Inroduce KYC/DID for HA and Bounty Curators

- The proposal suggests making the polkadot.com website's source code open source.
- This would promote transparency, security, and collaboration in the project.
- Developers could contribute improvements and find security issues.
- It would align with Polkadot's decentralized principles.
- The community can vote on this proposal to decide its future.
- Open-source code helps ensure the website is secure and well-maintained.
- This move is in line with the principles of blockchain technology.
- The decision will be made based on community feedback and votes.

WHO: Polkadot community
WHAT: Gauge opinion on making polkadot.com website source code open-source
PRICE/TIMEFRAME/RESOURCES: Not specified

[Wish For Change] Referendum #1157 - Make polkadot.com code, open source

Polkadot's Economics Parameters: Proposal 4 (5% constant total inflation)

Test

### Wish for Change (WFC) Referendum

- **Purpose**: To gather token holders' opinions on updating Polkadot's economic parameters.
- **Key Changes**:
  - Fixed treasury inflow.
  - No adjustment of staking rewards based on staking rates.
  - Potential reduction in overall inflation.
- **Community Discussions**: Several forums and livestreams have discussed these changes.
- **Rules**:
  - Only executed WFCs can be candidates.
  - The WFC with more AYE votes (weighted) is preferred.
  - WFCs should ideally run in parallel.
- **Non-Binding**: The referendum doesn't force changes; it aggregates voter opinions.
- **Outcome**: A root referendum will implement the winning WFC's logic.
- **Current Proposal**: 8% total inflation with 15% to the Treasury, leading to gradually decreasing inflation.

Polkadot proposes a Wish for Change (WFC) referendum to gather token holders' sentiment on implementing a fixed treasury inflow, removing staking rewards adjustment, and potentially reducing inflation. The referendum is not binding but aims to aggregate voters' opinions. This proposal suggests setting an 8% total inflation on a fixed total issuance, with 15% diverted to the Treasury, leading to gradually decreasing inflation over time. The timeframe and resources are not specified.

Polkadot's Economics Parameters: Proposal 3 (8% total inflation in the first year, then gradually decreasing)

### Summary of the Wish for Change (WFC) Referendum

- **Purpose**: The WFC referendum aims to gather token holders' opinions on proposed updates to Polkadot's economic parameters.
- **Key Changes**:
  - Implement a fixed treasury inflow.
  - Remove adjustments to staking rewards based on staking rates.
  - Potentially reduce overall inflation.
- **Community Discussions**: There have been extensive discussions on forums and livestreams about these changes.
- **Rules**:
  - Only executed WFCs can be considered candidates.
  - The WFC with more AYE votes (weighted by conviction) is preferred.
  - WFCs should ideally run in parallel.
- **Non-Binding**: The WFC referendum is not binding; it aggregates voter opinions through OpenGov.
- **Future Steps**: A root referendum will be proposed after the WFCs to implement the winning WFC's logic.
- **Proposed Parameters**:
  - Max staker reward: 85%
  - Max inflation: 8%
  - Min inflation: 6.8%
  - Remark: 8% constant total inflation with 15% to Treasury.

Rejected

Polkadot proposes a Wish for Change (WFC) referendum to gather token holders' opinions on proposed updates to economic parameters. The changes include a fixed treasury inflow, removal of staking reward adjustments, and potentially reducing overall inflation. The WFC cannot be binding, and the winning proposal will be implemented in a root referendum. The proposed parameters for this WFC are a maximum staker reward of 85%, maximum inflation of 8%, and minimum inflation of 6.8%, with 15% going to the treasury.

Polkadot's Economics Parameters: Proposal 2 (8% constant total inflation)

### Summary of the Wish for Change (WFC) Referendum

- **Purpose**: The WFC referendum aims to gather community sentiment on proposed updates to Polkadot's economic parameters.
- **Key Changes**: 
  - Implement a fixed treasury inflow.
  - Remove adjustments to staking rewards based on staking rates.
  - Potentially reduce overall inflation.
- **Community Discussions**: Extensive discussions have taken place on forums and livestreams.
- **Rules**: 
  - Only executed WFCs can be candidates.
  - The WFC with more AYE votes (weighted) is preferred.
  - WFCs should ideally run in parallel.
- **Non-Binding**: The referendum does not force chain updates but aggregates voter opinion.
- **Outcome**: The goal is to implement the winning WFC's logic in a root referendum.
- **Current Proposal**: Voting AYE supports keeping total inflation at 10% with a constant 15% Treasury inflow.

WHO: Polkadot community token holders
WHAT: Vote on implementing a fixed treasury inflow and potentially reducing overall inflation
PRICE/TIMEFRAME/RESOURCES: None specified, referendum is non-binding and serves as a method to aggregate community opinion. Winning proposal will be used as a basis for a root referendum.

Polkadot's Economics Parameters: Proposal 1 (10% constant total inflation)

- This proposal suggests including Centrifuge in marketing narratives funded by Polkadot Bounty #33.
- Centrifuge is a platform that can be found at [centrifuge.io](https://centrifuge.io/).
- The proposal follows recent referendums:
  - Referendum 801 (Moonbeam)
  - Referendum 834 (DED)
  - Referendum 854 (Hydration)
  - Referendum 862 (Novasama Technology)
  - Referendum 1020 (Bifrost)
- These referendums show that continued inclusion in marketing requires approval through OpenGov.

WHO: The proposer
WHAT: To include Centrifuge in marketing narratives funded by Polkadot Bounty #33
PRICE/TIMEFRAME/RESOURCES: Not specified

Inclusion of Centrifuge in Marketing Narratives

### Summary of the Referendum

- The referendum proposes increasing the recommended core count for reference hardware from 4 to 8.
- This change would start in January 2025.
- The Polkadot binary is a multithreaded program that benefits from more hardware cores.
- Currently, the minimum hardware requirement is 4 cores with SMT disabled.
- With async backing enabled, parachains can produce larger blocks, increasing execution time.
- Validators need to check relay chain blocks and parachain blocks, which requires more CPU cores.
- Raising the core count to 8 is intended to prepare for future network growth.
- The Polkadot binary will continue to run with a warning if the hardware does not meet the new requirements.

Polkadot proposes to increase the recommended core count for reference hardware from 4 to 8 for validators starting January 2025, to prepare for future usage increase. No change in behavior for machines not meeting requirements.

Increase recommended core count for validators reference hardware from 4 to 8

### Polkadot Halving Proposal

- **Objective:** Reduce Polkadot's (DOT) inflation rate by 50% and promote the "Polkadot Halving" through marketing.
- **Rationale:** Inspired by Bitcoin's halving, this event aims to create excitement and long-term positive speculation.
- **Inflation Reduction:** The proposal suggests halving the DOT inflation rate.
- **Marketing:** The "Polkadot Halving" narrative will be pushed across all marketing channels.
- **Future Proposals:** Another halving proposal will be made every four years, following Bitcoin's halving schedule.
- **Halving Date:** The date will be decided by the Fellowship, aiming for within three months of the proposal.
- **Long-Term Vision:** Establish a recurring event that fosters community engagement and aligns with Bitcoin's halving.
- **Community Involvement:** Voters are encouraged to share the proposal to ensure broad participation.

WHO: The Polkadot community.

WHAT: Reduce the inflation rate of DOT by 50% and drive the "Polkadot Halving" narrative across all marketing channels.

PRICE/TIMEFRAME/RESOURCES: Not specified.

LONG-TERM VISION: Establish a recurring following each BTC halving where the community votes on whether to halve the supply again.

The Polkadot Halving

### Bifrost Proposal Summary

- **Proposal**: To include Bifrost's products in Polkadot's marketing narratives funded by Polkadot Bounty #33.
- **Products**: 
  1. **Bifrost**: Liquid Staking Standard for any chain, secured by Polkadot.
  2. **SLP**: Liquid Staking Protocol using Polkadot SDK and decentralized validators.
  3. **Omni LS**: Omnichain Liquid Staking Hub.
  4. **Loop Stake**: Leverage LST pallet for Polkadot ecosystem.
- **vDOT Use Cases**: 
  - Retaining voting rights in OpenGov.
  - Used as collateral in various vaults and markets.
  - Yield DCA on Hydration.
  - LPing on multiple platforms.
  - Leverage staking on Bifrost with no liquidation.
- **Supported Networks**: Astar, Moonbeam/Moonriver, Manta, and efforts to integrate with Filecoin and Ethereum.
- **Partnerships**: Collaborations with various teams, parachains, and dapps for cross-marketing initiatives.
- **Main dapps**: 
  - Bifrost dapp: [app.bifrost.io](https://app.bifrost.io)
  - Omni LS: [omni.ls](https://omni.ls)
- **Recent Referendums**: Indicating the need for specific approval through OpenGov for continued inclusion in marketing narratives.

WHO: Bifrost
WHAT: Inclusion of Bifrost's products in marketing narratives funded by Polkadot Bounty #33 - Marketing Bounty
PRICE/TIMEFRAME/RESOURCES: Not specified

Inclusion of Bifrost Products & Solutions in Marketing Narratives

- Polkadot has reached its 1000th referendum, marking a significant milestone.
- The community is celebrating the strengths of Polkadot, including its decentralized nature and innovative technology.
- Polkadot 2.0 is on the horizon, with a new website launch and continued focus on true decentralization.
- The network values its vibrant community of developers, projects, and users.
- Polkadot's legacy includes trailblazing innovation and being ahead of the curve.
- This milestone invites others in the crypto space to join and participate in the Polkadot community.
- The "Distractive Crew" is a part of this celebration.
- The community recently gathered at Decoded, an event for Polkadot enthusiasts.

WHO: Polkadot community

WHAT: Celebrating the 1000th referendum and honoring the core values of Polkadot 2.0

PRICE/TIMEFRAME/RESOURCES: Not specified

A Wish for Continuity: Celebrating Polkadot's Core Values

### Polkadot Alliance Dissolution Proposal

- **Purpose**: The Polkadot Alliance was created to recognize ecosystem contributors and establish community standards.
- **Ratification**: Formed through governance in Referendum 94.
- **Inactivity**: The collective has never become operational since its formation.
- **Proposal**: Suggestion to dissolve the collective due to its lack of activity.
- **Action**: The collective should be removed from the chain.
- **Details**: More information can be found in the blog post linked in the proposal.

Dissolve the "Polkadot Alliance" collective due to inactivity

- Polkadot and Mythical have a beneficial partnership.
- Mythical can process many transactions on Polkadot.
- Polkadot can show its technical skills through Mythical.
- Mythical will get 1 million DOT from Polkadot's treasury.
- Polkadot wants to be the biggest platform for games.
- Games Bounty was created to welcome other games.
- Games Bounty should not fund Mythical to allow fair competition.
- This referendum asks curators to avoid funding Mythical.

WHO: The curators of Bounty 38.

WHAT: Not fund anything related to Mythical.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Restricting games bounty (38) from investing in games related to mythical

VOTE NAY

### Polkadot Treasury Proposal for Social Good

1. **Objective**: Allocate 1% of Polkadot Treasury funds to social good projects.
2. **Purpose**: Enhance the ecosystem's positive impact and demonstrate social responsibility.
3. **Phases**:
   - **Formation**: Establish criteria and identify potential projects.
   - **Allocation**: Create a collective to oversee fund distribution.
   - **Review**: Monitor and adjust the initiative based on effectiveness.
4. **Criteria**: Projects must have a positive societal impact, align with Polkadot's values, and be transparent.
5. **Benefits**: Attract new users, support beneficial projects, and ensure transparency.
6. **Community Involvement**: Engage through the Polkadot Social Good Builders community.
7. **Impact**: Improve public perception and set a precedent for other blockchain projects.

Polkadot proposes to allocate 1% of its Treasury funds for social good projects to enhance the ecosystem's positive impact. This initiative seeks to demonstrate a commitment to social responsibility. The proposal includes three phases to establish criteria, allocate funds, and review the effectiveness of the initiative. The criteria for social good projects include a clear and measurable positive impact on society, alignment with the broader goals and values of the Polkadot ecosystem, and transparency. This initiative benefits Polkadot by opening it to new users and organizations, supporting projects that contribute positively to society, and establishing clear guidelines and oversight for the allocation of funds.

[Wish For Change] Pledging to allocate 1% of Treasury Spending to Social Good Projects.

Nielsen reports

root

whitelisted_caller

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

Referenda Wish For Change

Origin able to dispatch a whitelisted call.

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.

[2] Origin: WishForChange