Whitelisted by  Fellowship #156

TotalIssuance Fix Step 2

Whitelisted Caller
3mos ago
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Executed

Current Situation

  • The sum of system.account calculated and stored on the Kusama chain: 80,763,731,286,926,555,647
    • Excess amount: 763,731,286,926,555,647
  • The sum of system.account calculated and stored on the Polkadot chain: 79,999,995,154,039,829,347
    • Decrease amount: 4,845,960,170,653
  • The total of the cross-chain governance bridge: 40,766,974,162,064,230,449 (Kusama) + 39,233,026,761,016,679,551 (Polkadot)
    • Which is 80,000,000,923,080,910,000
      • Excess amount: 923,080,910,000
  • The total excluding the cross-chain governance bridge: 39,996,757,124,862,325,198 (Kusama) + 40,766,968,393,023,149,796 (Polkadot)
    • Which is 80,763,725,517,885,474,994
      • Excess amount: 763,725,517,885,474,994
        • Calculated as 763,731,286,926,555,647 (the excess value of Kusama) - 4,845,960,170,653 (the decreased value of Polkadot)

Execution Logic

Step 1: Make the total balance become the regular value

Kusama

i. Decrease the special address bixYxFRJkFMwMRnSCH9GQbYsurmL6n88eKnh6ron8ZvhMNY by 757,346,146,000,314,911.

ii. Decrease the Kusama treasury by 6,385,140,926,240,736.

This will make the total amount of Kusama become 80,000,000,000,000,000,000.

iii. Decrease the Kusama cross-chain governance bridge by 461,540,455,000 and increase the Kusama treasury by 461,540,455,000 (transfer from the cross-chain governance bridge to the treasury).

This will keep the total amount of Kusama unchanged.

Polkadot

i. Increase the Polkadot treasury by 4,845,960,170,653.

This will make the total amount of Polkadot become 80,000,000,000,000,000,000.

ii. Decrease the Polkadot cross-chain governance bridge by 461,540,455,000 and increase the Polkadot treasury by 461,540,455,000 (transfer from the cross-chain governance bridge to the treasury).

This will keep the total amount of Polkadot unchanged.


Eventually, the total of cross-chain bridge addresses will become 80,000,000,000,000,000,000.

Step 2: Adjust the totalIssuance of both Polkadot and Kusama to 80,000,000,000,000,000,000 respectively.

Edited
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Decision14d
Confirmation5mins
Attempts
1
Tally
100%Aye
99.8%Threshold
0%Nay
Aye
200KBNC
Nay
0BNC
  • 0.0%
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Threshold

Support2.70%
2MBNC
Issuance
74.02MBNC
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