Polkadot OpenGov proposes to require validators to have a minimum self-stake of 10,000 DOT
BlockBeats reported that on May 25, Polkadot tweeted that Polkadot OpenGov is voting on a major adjustment to the network staking architecture. Referendum 1890 proposes that Polkadot validators must stake at least 10,000 DOT of their own funds as self-stake.
This reform is a mandatory prerequisite for the next major staking upgrade. The upgrade includes removing the slashing risk borne by nominators, and reducing the unbonding period from about 28 days to approximately 24 to 48 hours. If the proposal passes, validators will directly assume the slashing risk through a higher self-bonded exposure, while nominators can continue to earn staking rewards without exposing their principal to slashing risk, thereby lowering participation risk and enabling a quicker exit.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Europe’s aviation fuel “red alert” in the fourth quarter: Shortfall will reach 510,000 barrels/day, South Korea’s exports surge to a four-year high to urgently fill the gap
According to analysts and shipping data, Europe will face a supply gap for aviation fuel in the fourth quarter, even as it turns to distant suppliers such as South Korea. South Korea's aviation fuel exports to Europe in September are set to reach a four-year high.
Apple (AAPL.US) nears a 5 trillion USD market capitalization, targeting Nvidia: the 1,999 USD foldable screen Duo becomes a critical battle.
Apple (AAPL.US) has unveiled its new iPhone, which could be the ticket for this consumer tech giant to reclaim its position as the most valuable company by market capitalization. The company is not far from reaching this goal.
Facebook and Instagram under Meta (META.US) experienced outages affecting thousands of users in the US last Sunday.
Thousands of users in the United States were unable to access Meta’s social platforms Facebook and Instagram last Sunday.
The Nasdaq 100 rebalancing will take effect before the U.S. stock market opens on Monday, SpaceX (SPCX.US) weight significantly rises to 2.82%.
The Nasdaq 100 Index quarterly rebalancing will take effect before the US stock market opens on September 21 (Monday). The main change is that SpaceX (SPCX.US) will see its index weighting significantly increase from about 1.28% to 2.82%.
