proposal

Upgrade Zeitgeist to v0.5.6

refIndex

Council motion #69

Council motion #68

calls

Council motion #66

Council motion #65

Council motion #64

Council motion #67

Council motion #62

Council motion #63

Council motion #60

Council motion #61

Untitled - motion #59

Untitled - motion #58

- This is a proposal to upgrade a computer program called Zeitgeist.
- The upgrades are called v0.5.1 and v0.5.2.
- They have been tested on a test version called Battery Station and are working well.
- There was a problem with paying fees using different currencies, but it has been fixed.
- The upgrades will be authorized one after the other with a 24-hour gap in between.

Upgrade to v0.5.1 (spec_version 54) and v0.5.2 (spec_version 55)

Remove Hutch and sea212 from Council

Remove sea212 from technical committee

Set yearly inflation caused by the collation system to 4.2%

Set yearly inflation caused by the collation system to 4.5%

Register Tether USD (Polkadot AssetHub)

Register USD Coin (Polkadot AssetHub)

SubSquare has proposed to reduce the yearly inflation of the collator system from 5.0% to 4.5%. They previously tried to reduce it to 1.5%, but it was rejected. A reduction is still necessary to maintain a healthy inflation and shift inflation to other systems within the Zeitgeist protocol. The Court system is about to be launched as part of the protocol.

- SubSquare is a system that uses tokens.
- There was a vote to reduce the amount of tokens made each year, but it didn't pass.
- They are trying again to reduce the amount of tokens made each year.
- This time, they want to reduce it by 2.5% instead of 1.5%.
- This will make it so people who have tokens will earn about 10% more each year.

Set yearly inflation caused by the collation system to 2.5%

Reduce court yearly inflation to 0.1%

Council Motions