OpenGov is all about putting governance in the hands of the community. In this category, we explore how Polkadot's unique governance model empowers users to propose, vote, and shape the future of the network. From referendum mechanics to decision-making processes, these articles break it all down so you can better understand how Polkadot's decentralized governance works—and how you can get involved.
Read a total of 62 articles and 358 news on Polkadot OpenGov written by our community creators
Hydration Referendum 35, if passed, will begin OTC swaps of 4.125 WBTC and 3.698 iBTC of protocol owned liquidity into stablecoins. A subsequent referendum will propose OTC swaps into LINK, LDO, and SKY, which will be transferred over Snowbridge to create new Omnipool markets.
Upon OpenGov approval, the Web3 Foundation will transfer 10 million DOT to Kusama over a period of at least two years. In doing so, it fulfils the initial promise to transfer 1% of the DOT token genesis. The initiative aims to transform Kusama into an advanced technology hub. It will focus on zero-knowledge (ZK) proof technologies, expanding beyond its initial role as a canary network.
The referendum for Polkadot version 1.4.0 upgrade was approved by the community, this upgrade will improve several things in the Polkadot network. The main one being: to allow assets in a pool to use special payment and to improve how bridges work by adding support for Ether. It will roll out on February 26 this year.