Referendum #5 · whitelisted caller · fact-checked

Set the minimum direct nominator bond to 50 VARA

Original title: [Whitelisted Caller] Referendum #5: Set minNominatorBond to 50 VARA

Governance: Executed · Dispatch succeeded

Submitted 2023-10-04T08:18:30.000Z · 2023-10-15T18:56:00.000Z

Verification date in this record: 2026-10-14. This is not a live chain status check.

What this referendum means

What was proposed?

This referendum raised or established the minimum stake required for a direct nominator at 50 VARA.

Why it mattered

The threshold determines the minimum capital required to nominate validators directly; nomination-pool entry rules are configured separately.

An Aye vote meant…

An Aye vote supported setting the direct-nominator minimum bond to 50 VARA.

A Nay vote meant…

A Nay vote opposed that staking configuration change.

What happened or is happening

The encoded value was 50,000,000,000,000 planck, equal to 50 VARA. All five other setStakingConfigs fields used Noop.

The whitelisted staking.setStakingConfigs dispatch returned success.

Set Staking.minNominatorBond to 50 VARA and leave every other staking configuration field unchanged.

No additional off-chain action is treated as verified unless explicitly stated.

Observable on-chain result

Dispatch returned success.

The whitelisted staking.setStakingConfigs dispatch returned success.

Promised outcomes

Set the minimum direct nominator bond to 50 VARA.

Verified outcomes

The dispatch returned success with only minNominatorBond set.

Follow-up: verified-complete

Further explanation and reporting

No additional reporting has been published for this referendum.

Details and evidence

Participation

Calculation status: complete. Address-level figures are not counts of distinct people or organizations.

Individual vote rows reconcile to the aggregate capital total. Concentration treats delegated capital as controlled by the account casting the direct vote.

Direct addresses	19
Delegating addresses	0
Raw capital (VARA)	1114760477.03139512102
Weighted Aye power (VARA)	111476047.703139512102
Weighted Nay power (VARA)	0
Approval (%)	100
Raw capital / captured electorate (%)	11.14760329
Support capital (VARA)	1114760477.03139512102
Top-one share (%)	17.75088
Top-three share (%)	43.32398
HHI (0–10,000)	995.11284
Gini (0–1)	0.44681584

Proposal history

Referendum	Governance	Execution	Direct addresses

Timeline

Submitted · 2023-10-04T08:18:30.000Z · block 5612638
DecisionDepositPlaced · 2023-10-04T08:22:27.000Z · block 5612717
DecisionStarted · 2023-10-04T08:48:30.001Z · block 5613238
ConfirmStarted · 2023-10-15T18:36:00.000Z · block 5941785
Confirmed · 2023-10-15T18:46:00.000Z · block 5941985
Executed · 2023-10-15T18:56:00.000Z · block 5942185

Technical call tree

The encoded value was 50,000,000,000,000 planck, equal to 50 VARA. All five other setStakingConfigs fields used Noop.

{
  "call": {
    "callIndex": "0x1503",
    "section": "whitelist",
    "method": "dispatchWhitelistedCallWithPreimage",
    "args": [
      {
        "name": "call",
        "type": "Call",
        "value": {
          "callIndex": "0x0d16",
          "section": "staking",
          "method": "setStakingConfigs",
          "args": [
            {
              "name": "minNominatorBond",
              "type": "PalletStakingPalletConfigOpU128",
              "value": {
                "set": 50000000000000
              }
            },
            {
              "name": "minValidatorBond",
              "type": "PalletStakingPalletConfigOpU128",
              "value": {
                "noop": null
              }
            },
            {
              "name": "maxNominatorCount",
              "type": "PalletStakingPalletConfigOpU32",
              "value": {
                "noop": null
              }
            },
            {
              "name": "maxValidatorCount",
              "type": "PalletStakingPalletConfigOpU32",
              "value": {
                "noop": null
              }
            },
            {
              "name": "chillThreshold",
              "type": "PalletStakingPalletConfigOpPercent",
              "value": {
                "noop": null
              }
            },
            {
              "name": "minCommission",
              "type": "PalletStakingPalletConfigOpPerbill",
              "value": {
                "noop": null
              }
            }
          ]
        }
      }
    ]
  },
  "nestedCalls": [
    {
      "depth": 0,
      "callIndex": "0x1503",
      "section": "whitelist",
      "method": "dispatchWhitelistedCallWithPreimage"
    },
    {
      "depth": 1,
      "callIndex": "0x0d16",
      "section": "staking",
      "method": "setStakingConfigs"
    }
  ],
  "limitations": []
}

Historical track parameters

{
  "maxDeciding": 100,
  "preparePeriodBlocks": 600,
  "decisionPeriodBlocks": 403200,
  "confirmationPeriodBlocks": 200,
  "minimumEnactmentBlocks": 200,
  "decisionDeposit": {
    "planck": "500000000000000000",
    "vara": "500000"
  },
  "approvalCurve": {
    "reciprocal": {
      "factor": 270899180,
      "xOffset": 389830523,
      "yOffset": 305084738
    }
  },
  "supportCurve": {
    "reciprocal": {
      "factor": 8650766,
      "xOffset": 18867926,
      "yOffset": 41509433
    }
  }
}

Deposits

Governance deposits are not proposal spending.

{
  "submission": {
    "depositor": "kGgQqLXhVVMv85XDy1v5AE6HVBG1tkAwURrdmq1ewbmGMCaGH",
    "amount": {
      "planck": "500000000000000",
      "vara": "500"
    }
  },
  "decision": {
    "depositor": "kGhAjUA3Uke6UmWwMRRwFHuxisCgm7dab61sL1tKqA15NXQVX",
    "amount": {
      "planck": "500000000000000000",
      "vara": "500000"
    }
  },
  "outcome": "unknown"
}

Sources

subsquare · retrieved 2026-10-14T00:46:33.897Z · block 5612638
Public server-rendered page data captured before editorial translation.
subsquare · retrieved 2026-10-14T00:56:36.175Z
Public final vote rows used for voter counts, conviction values, delegation aggregates, and concentration calculations.

Corrections

No corrections recorded.

Learn the terms

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