Polkadot Digest 2 Dec 2024

Polkadot News

Referendum 1322, proposing to rebond DOT from Parallel Fi accounts, is passing almost unanimously. https://polkadot.polkassembly.io/referenda/1322

Referendum 1267, proposing a new Polkadot Ambassador Fellowship, has less than 24 hours in the Deciding Period and is passing with 84% in favor. https://polkadot.polkassembly.io/referenda/1267

The staking rate on Polkadot has continued to decrease and is now at 52.54%. https://staking.polkadot.cloud/#/overview

Note that individual rewards increase as the staking rate decreases. https://wiki.polkadot.network/docs/learn-staking-advanced#rewards-distribution

Kusama News

The Kusama staking rate has also been decreasing and is now at 45.55%. https://staking.polkadot.cloud/#/overview

There are two candidates for Kappa Sigma Mu this round. https://ksmsociety.io/explore/candidates