[WFC] KSM #625 - [WFC] Halving, maximum supply and zero minimum commission rate

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Fa6m...wiBr

Terminated

terminated

Description

https://kusama.subsquare.io/referenda/625

Kusama's token supply and inflation are too high, hurting its price and popularity.
A past update that lowered rewards briefly helped the price go up.
The proposal suggests making Kusama more like Bitcoin to fix this.
It wants to cut new token creation in half every four years starting in 2026.
It plans to limit the total number of Kusama tokens to 21 million.
It also aims to remove the minimum fee for validators.
These new rules would be permanently written into the system's code.

Appendants

2d ago

Vote #1 submitted.
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WISH FOR CHANGE

8 available members
🟢 0 • 🔴 1 • ⚪️ 3
✓ ≥50.0% required participation met
▶ Majority of all votes is abstain
⚪ ABSTAIN

No CoI reported. DV delegation exercised.
https://assethub-kusama.subscan.io/extrinsic/12417704-2
https://kusama.subsquare.io/referenda/625#4

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Results

Voters

one-person-one-vote

Information

IPFS

#QmXSkXF

Members

Timestamp

Created

Dec 23 2025 05:55

Start date

Dec 23 2025 00:00

End date

Feb 21 2026 00:00

Votes·5

15fT...yBzL

15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL

Abstain

It's not a very joyful thing to say, but given the current state of the network, I cannot see any community-led systematic change request coming to fruition. I stated earlier that Kusama should also receive the halving, actually it should have received it before Polkadot because it's supposed to be the canary network, but it doesn't seem to be happening. Given these reasons, I don't see a point in voting on this proposal. I abstain.

14Gn...YLEh

14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh

Abstain

I believe that we still lack clarity regarding the future of Kusama within this new ecosystem process. Although this proposal is well-intentioned, it does not fully address this uncertainty.

14gM...deVb

14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb

Abstain

It's better if w3f can lead the proposal.

12s6...nE8h

12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h

Nay

No decision deposit placed yet, so we'll Nay it for now.

12Hi...E9N3

12His7t3EJ38tjdBbivUzWQeaNCLKfMqtKp1Ed3xHMyCE9N3

Abstain

My comments will remain the same as the last tokenomics proposal on Kusama:

This should have been proposed and acted on first on Kusama for the incredibly obvious reasons, especially since it would have taken effect on Pi day for meme reasons (maybe musk can tweet as well amirite). Anyways, it's too little too late now in my opinion, a month and a half is nowhere enough to get any meaningful data out of it. Might as well just wait and see how it affects tokenomics in DOT and push it to KSM if it goes well (lmao).