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Polkadot (@Polkadot): Wish-for-Change to DOT inflation becoming a reality 💫

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Wish-for-Change to DOT inflation becoming a reality 💫 The latest Westend testnet upgrade is laying the groundwork for the community's decision to reduce DOT inflation 🫡 Once the upgrade has been tested, a root referendum will be launched to implement the upgrade on Polkadot. Quote [@GehrleinJonas](https://www.twitter.com/GehrleinJonas/status/1851227067955790040) > The Westend testnet was successfully upgraded to match the parameters approved by the @Polkadot community in Wish-for-Change Referendum #1139. Over the past few days, the model is performing as expected, with inflation rewards decreasing from 10% to ~8% (annualized) and a fixed 15% allocation to the Treasury. Since inflation rewards are based on a fixed total issuance, the overall inflation rate is decreasing gradually. > > Once the Polkadot Fellows confirm the upgrade is technically sound, we’re ready to launch a root referendum to implement the community's wishes as expressed in #1139 on @Polkadot very soon!

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