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
Toyota (TM.US) sales in China dropped by 23% in August, marking the seventh consecutive monthly decline in global sales
Toyota’s sales have declined for the seventh consecutive month.
The core of HBM shifting to 8-layer stacking is to increase shipment volume.
Bitcoin Loses $83,000! $500 Million in Leverage Wiped Out in the Crypto Market! Here Are the Details
Alfresa Holdings unit Alfresa to merge Miyazaki Onsendo Shoten in Kyushu consolidation
