[T] KSM #521 - Set Asset rate for DOT/KSM to enable treasury spends of DOT through Kusama OpenGov
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Description

https://kusama.subsquare.io/referenda/521

  • DOT can be used on Kusama through a special bridge.
  • Around 4900 DOT are on Kusama right now.
  • DOT can be sent to Kusama’s Treasury for spending.
  • A rate is set to control how much DOT can be spent (1 DOT = 10 USDC/USDT).
  • Kusama uses a rate of 1 KSM = 4 DOT for spending limits.
  • DOT and KSM have different decimal places (DOT: 10, KSM: 12).
  • This rate helps Kusama’s treasury understand DOT amounts correctly.
  • The rate is set by a governance vote.
Appendants
1
#1
3d ago

🟢 6 • 🔴 0 • ⚪️ 0
Vote #1: AYE
9 available members.
No CoI reported. DV delegation exercised.
https://kusama.subscan.io/extrinsic/28267516-2
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Information
Snapshot
Timestamp
Created
May 05 2025 13:09
Start date
May 05 2025 00:00
End date
Jun 04 2025 00:00
Results
Voters
6
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Aye
6 VOTE
 
Nay
0 VOTE
 
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0 VOTE
 
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