The purpose of this referendum is to do a root transaction that sets the updated farming rewards for the PEN/GLMR and PEN/DOT pool on Zenlink Pendulum.

## Farming rewards

### Current reward rate
- PEN/GLMR - 752 PEN/month
- PEN/DOT - 9401 PEN/month

### New reward rate
- PEN/GLMR - 376 PEN/month
- PEN/DOT - 4700 PEN/month


With a proven track record of supporting 68 networks in the Polkadot/Kusama ecosystems, OnFinality aims to provide a basic RPC API service for all 38 Polkadot parachains. The proposal seeks to address the divide between well-funded parachains and struggling newcomers by ensuring universal access to reliable, performant, and SLA-supported RPC API endpoints. OnFinality suggests an immediate solution until a long-term infrastructure bounty is established, emphasizing the importance of supporting all parachains to foster network growth and developer adoption.

Organize and execute the Hackathon in Shangai,China.

Send a batch of dispatch calls and atomically execute them.
The whole transaction will rollback and fail if any of the calls failed.

May be called from any origin except `None`.

- `calls`: The calls to be dispatched from the same origin. The number of call must not
  exceed the constant: `batched_calls_limit` (available in constant metadata).

If origin is root then the calls are dispatched without checking origin filter. (This
includes bypassing `frame_system::Config::BaseCallFilter`).

## Complexity
- O(C) where C is the number of calls to be batched.

- **Problem Statement:** Adjusting farming rewards for the PEN/GLMR and PEN/DOT pools on Zenlink Pendulum.
- **Significance:** Ensuring fair and sustainable reward rates for users participating in the pools.
- **Proposed Solution:** Decreasing the reward rates for PEN/GLMR to 376 PEN/month and PEN/DOT to 4700 PEN/month.
- **Expected Outcomes:** Improved sustainability and balance in farming rewards on Zenlink Pendulum.

#45 Reduce the reward rate for the PEN/GLMR and PEN/DOT pools on Zenlink

No Active Proposals