Paradox reports that a rogue validator with the address 1ZHNWmKsVHCS528yKDteRPpnx5hTrGUZvyjEpvaWppKDiPt has set its commission rate to 100%, gaining itself payouts of over 500 DOT per era, and leaving very little reward for pools and nominators.
Due to a very large DOT withdrawal on Hydration, GDOT prices and DOT lending rates experienced some volatility this week. Referendum 219, now passed, aimed to reduce DOT lending rates by adjusting the Reserve Factor to 10% and Optimal Usage to 85%.
Bifrost has initiated Polkadot Wish for Change Referendum 1778 to explore the idea of diversifying the treasury into revenue-generating parachain tokens such as bbBNC and HDX.
