Democracy Proposal: 2022-07-21 Runtime Upgrade 1009

Democracy Proposal: 2022-07-21 Runtime Upgrade 1009

:raising_hand_man::gear: :one: :zero: :zero: :nine:

The Community proposed public referendum for Runtime Upgrade 1009 on Centrifuge. The details of the upgrade can be found in this post.
The referendum will be enacted as soon as the proposal will be endorsed (Post will be updated)
image

  • See the motion in the portal here (while it is open).

  • See the motion on Subscan here.

  • See the Github release here .

:1234:
The steps for the process will be as follows:

:clipboard:

  1. Create pre-image of call parachainSystem.authorizeUpgrade with hash from release
    :point_right: 0xd353318b000a7e33ec12d3364a94d4b13aea0a9ed19357a0a6c947c20a0a8ec0

:person_raising_hand:

  1. Submit Democracy proposal using the hash from the pre-image above
    :point_right: 0xa883a7fb7650fffca52aeb9ba9039de6750b2a5eb2c01e5e36334c7e1b1de1ff

:gear: :man_running:

  1. Public referendum will be available for all CFG token holders to vote on. The voting period will be 50400 blocks (~7 days with an average block time of 12 seconds)

This post will be updated as we proceed through the steps.

:unlock: :arrow_right: :lock: :arrow_right: :unlock:

Remember, that you don’t lose your CFG by voting on referenda - they are just locked for the duration of the vote. After that, they will be available for transfer again. You can make your vote count for more by voting with conviction which means that you can vote with up to 6X the amount of tokens you have, by locking them for a longer period of time.

:bulb:

If you want to know how voting with conviction works, you can check this manual .

2 Likes

Referendum 6 is now open!
The Community proposed a public referendum for Runtime Upgrade 1009 on Centrifuge.

:arrow_forward: Vote with your CFG tokens here: Polkadot/Substrate Portal

Remember, that you don’t lose your CFG tokens by voting on referenda - they are just locked for the duration of the vote. After that, they will be available for transfer again. You can make your vote count for more by voting with conviction which means that you can vote with up to 6X the amount of tokens you have, by locking them for a longer period of time.

Thank you for your participation and voting.

1 Like