Polkadot Proposes Major Changes to Staking Architecture

Polkadot has announced a vote on significant changes to its network staking architecture. According to ChainCatcher, the proposal, known as Referendum 1890, suggests that validators on Polkadot must lock at least 10,000 DOT as self-stake. This reform is a prerequisite for the next phase of staking upgrades, which include features such as exemption from slashing for nominators and faster unbonding times, reducing the period from 28 days to approximately 24-48 hours. The proposed changes aim to have validators absorb slashing risks through substantial self-stake exposure, allowing nominators to continue earning staking rewards without risking their principal. If approved, these changes will remove two major barriers to participation in Polkadot staking, thereby reducing risk for nominators and shortening exit times.