The Altair council has just submitted a motion (Council Motion 105 ) for upgrading the Altair chain to Runtime version 1034.
After a long time of silence, we finally prepared a runtime upgrade for Altair which bumps the spec version from 1027 to 1034. Since the last upgrade occurred mid 2023, the release notes span over 4 Centrifuge releases (1020, 1023, 1024 and the upcoming 1025).The quick summary would be that we re-synchronized Altair with Centrifuge.
All features which have existed on Centrifuge, will be live on Altair as well. In order to achieve that, we are hard resetting a plurality of modules which are empty anyways. The modules are Loans, InterestAccrual, PoolSystem, Investments. Moreover, we are removing the NFT Sales and Migration Pallets.
Highlights
- Enable Liquidity Pools (exactly as on Centrifuge Chain)
- Upgrade to XCMv3
- Register various USDC variants
- Switch to relative treasury inflation of annual 3% of total issuance based on this RFC
- Does not include burning of treasury funds, needs to be appended to proposal manually
Important for node operators
- Breaking client changes (same as RU 1024 for Centrifuge Chain)
Pre-image hash (batch-call for RU + burning): 0x3ef997e266ca8a402af14e1e2b7e76d95257973381003684fb4536b84236fac0
The motion is fast-tracked and if passed, it will open a referendum that will be open for 21,600 blocks (~3 days) for all AIR token holders to vote on.
Councillors, please vote on this motion at your earliest convenience.
Vote in the portal: Runtime Upgrade 1034
Vote on SubSquare: Runtime Upgrade 1034
@ash @Yarosl6 @lucasvo @Tjure07 @Ilhan @branan @mikiquantum
Thank you.
Vote in the portal: 
Burn 15,752,730 AIR from the 