This new proposal aims to enact the same as [motion 157](https://polkadot.polkassembly.io/motion/157): to temporarily increase the nomination limit to `160` DOTs. This allows for the permissionless `chill_other` transaction to be used and prune the number of nominators, in order to keep the nomination ecosystem of Polkadot active, whilst we wait for the enactment of the next runtime upgrade on Polkadot.

The enacted proposal unfortunately contained a major flaw: the numerical values are not in DOTs, but rather in PLANKs, the smallest unit of the DOT currency. Thus, the correct value for minimum nominator bond should have been set to `160 * (10^10)`, i.e. `1600,000,000,000`.
 
All values are unchanged except for `minNominatorBond`.

The correct call hash and data:

- Call data: `0x071700806e877401000000000000000000000000000000000000000000000000000001e457000001b0040000015a`

- Call hash: `0xbdf1c925dbca9e1e55de029db3786ea71949ff872e5b53588f46d0db6ccae379`

Schedule the currently externally-proposed majority-carries referendum to be tabled
immediately. If there is no externally-proposed referendum currently, or if there is one
but it is not a majority-carries referendum then it fails.

The dispatch of this call must be `FastTrackOrigin`.

- `proposal_hash`: The hash of the current external proposal.
- `voting_period`: The period that is allowed for voting on this proposal. Increased to
	Must be always greater than zero.
	For `FastTrackOrigin` must be equal or greater than `FastTrackVotingPeriod`.
- `delay`: The number of block after voting has ended in approval and this should be
  enacted. This doesn't have a minimum amount.

Emits `Started`.

Weight: `O(1)`

- Problem Statement: Upgrading to zeitgeist-runtime v0.5.0 (spec_version 53) for the Polkassembly Council.
- Significance: Enhancing the functionality and performance of the Polkassembly Council platform.
- Proposed Solution: Authorize the upgrade to zeitgeist-runtime v0.5.0.
- Expected Outcomes: Improved platform functionality and performance for the Polkassembly Council.

#21 Polkadot’s Update to 160 DOTs as minimum nomination limit: A follow-up proposal fixing a unit mistake

No Active Proposals