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Staking: set min validator bond to 10K DOT

inWhitelisted Caller
16 hours ago
Deciding

Whitelisted by https://collectives.subsquare.io/fellowship/referenda/527

What

As communicated in the forum post here , we propose a MinValidatorBond (minimum self stake) of 10k DOT to be enforced to secure the network on Polkadot AssetHub.

The current value of MinValidatorBond is 0.
After the 10k DOT min self-stake is enacted, new validators must be compliant with the new requirement.
set_staking_configs to 10k DOT does not kick existing validators but pre-existing under-bonded validators will face significant risk of chilling.

This change, and having all active validators comply with the minimum self-stake, is a mandatory pre-requirement before being able to make nominators unslashable and fast-unbondable.

Snapshot of validators' current self stake here.

Full explanation here https://hackmd.io/@sigurpol77/S10g64OJMl

Comments (1)

13 hours ago

Looking forward to it. AYE

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