Staking: set min validator bond to 10K DOT

5hrs 23mins ago
0
Preparing

Whitelisting https://polkadot.subsquare.io/referenda/1890

What

As communicated in the forum post here , we propose a MinValidatorBond (minimum self stake) of 10k DOT to be enforced to secure the network on Polkadot AssetHub.

The current value of MinValidatorBond is 0.
After the 10k DOT min self-stake is enacted, new validators must be compliant with the new requirement.
set_staking_configs to 10k DOT does not kick existing validators but pre-existing under-bonded validators will face significant risk of chilling.

This change, and having all active validators comply with the minimum self-stake, is a mandatory pre-requirement before being able to make nominators unslashable and fast-unbondable.

Snapshot of validators' current self stake here.

Full explanation here https://hackmd.io/@sigurpol77/S10g64OJMl

Edited
Reply
Up
Share
Status
Prepare Period30mins
Waiting for Decision Deposit
Tally
100%Aye
0%Nay
Aye7
Nay0
  • 0.00%
  • 0.0%

    Threshold

  • 0.0%
Bare Aye2
Max Voters21
Check how referenda works here.
Call
Metadata
Timeline1
Curves
Comments