[WFC] KSM #596 - Hard Pressure Capped & Stepped Supply Schedule
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Description

https://kusama.subsquare.io/referenda/596

  • Kusama started with 10 million KSM tokens.
  • Now there are over 17 million, which is too many.
  • Too many new tokens are being sold, making KSM worth less.
  • This proposal wants to limit KSM to 21 million total.
  • It will reduce new tokens by 55% starting in 2025.
  • After that, it will reduce by 15% every two years.
  • This will help Kusama grow fairly and sustainably.
Appendants
1
#1
7h ago

🟢 0 • 🔴 2 • ⚪️ 2
5-member quorum not met.
Vote #1: NAY
8 available members.
No CoI reported. DV delegation exercised.
https://kusama.subscan.io/extrinsic/30206244-3
https://kusama.subsquare.io/referenda/596#4

Cast your votesingle
Results
Voters
5
one-person-one-vote
Information
Members
9
Timestamp
Created
Sep 18 2025 09:03
Start date
Sep 18 2025 00:00
End date
Nov 17 2025 00:00

Votes·5

15fT...yBzL
15fT...yBzL
15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL
Nay
Nay

I wouldn't object to this categorically, since it was approved on Polkadot. But just as I noted on the Polkadot refs, I would expect a longer period of discussion, with enough justifications for such a bold move. Support from the top leadership would make the decision easier for the community. Also, October 31st 2025, roughly a month from now, seems like a very unrealistic target for this change. Nay for now.

14Gn...YLEh
14Gn...YLEh
14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh
Nay
Nay

This is something that the community should decide.

14gM...deVb
14gM...deVb
14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb
Abstain
Abstain

Not sure about the impact.

167Y...TY9F
167Y...TY9F
167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F
Abstain
Abstain
12Hi...E9N3
12Hi...E9N3
12His7t3EJ38tjdBbivUzWQeaNCLKfMqtKp1Ed3xHMyCE9N3
Abstain
Abstain

Let's wait until these changes go live on Polkadot first, what's the rush? Isn't that what the community voted for anyways. Why would we risk such changes on Kusama, our stable network, while we have Polkadot, our test network to make these changes first? Expect Chaos :^) I would also vote for 4.20 as the date to cap supply because le funny number, thanks.

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Information
Members
9
Timestamp
Created
Sep 18 2025 09:03
Start date
Sep 18 2025 00:00
End date
Nov 17 2025 00:00
Results
Voters
5
one-person-one-vote
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