Hydration Referendum 96 proposes to increase the vDOT lending supply cap from 666,666 to 1,333,333. In addition, for DOT correlated assets in E-mode the LTV ratio would be increased from 80% to 90% and the Liquidation Threshold from 90% to 92%.
Velocity Labs has selected five teams to join the DeFi Builders program, offering onboarding, mentorship, and support to build their EVM-compatible projects on the Polkadot Hub. Stay tuned while each team is introduced this week.
Astar Referendum 45, if passed, will reinstate Coretime auto-renewal, which was suspended after an abnormal core price spike (540 DOT) in August. Astar has since migrated to a new core with a renewal price in the region of 10 DOT.
Aura farmin’ season continues in the WUD Universe, with Mystery Boxes up for grabs for the top ranked and top climbers of the Aura Leaderboard on November 4th.