Oliver Tale-Yazdi has submitted a Wish for Change to form a new System Collective: The Polkadot Tooling Collective (PoToC).
PoToC will have the mission of maintaining developer tools for general and dApp building on Polkadot.
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.