This new proposal aims to enact the same as [motion 157](https://polkadot.polkassembly.io/motion/157): to temporarily increase the nomination limit to `160` DOTs. This allows for the permissionless `chill_other` transaction to be used and prune the number of nominators, in order to keep the nomination ecosystem of Polkadot active, whilst we wait for the enactment of the next runtime upgrade on Polkadot.

The enacted proposal unfortunately contained a major flaw: the numerical values are not in DOTs, but rather in PLANKs, the smallest unit of the DOT currency. Thus, the correct value for minimum nominator bond should have been set to `160 * (10^10)`, i.e. `1600,000,000,000`.
 
All values are unchanged except for `minNominatorBond`.

The correct call hash and data:

- Call data: `0x071700806e877401000000000000000000000000000000000000000000000000000001e457000001b0040000015a`

- Call hash: `0xbdf1c925dbca9e1e55de029db3786ea71949ff872e5b53588f46d0db6ccae379`

Schedule a majority-carries referendum to be tabled next once it is legal to schedule
an external referendum.

The dispatch of this call must be `ExternalMajorityOrigin`.

- `proposal_hash`: The preimage hash of the proposal.

Unlike `external_propose`, blacklisting has no effect on this and it may replace a
pre-scheduled `external_propose` call.

Weight: `O(1)`

Update the various staking limits this pallet.

* `min_nominator_bond`: The minimum active bond needed to be a nominator.
* `min_validator_bond`: The minimum active bond needed to be a validator.
* `max_nominator_count`: The max number of users who can be a nominator at once. When
  set to `None`, no limit is enforced.
* `max_validator_count`: The max number of users who can be a validator at once. When
  set to `None`, no limit is enforced.

Origin must be Root to call this function.

NOTE: Existing nominators and validators will not be affected by this update.
to kick people under the new limits, `chill_other` should be called.

- There is a proposal to temporarily increase the nomination limit to 160 DOTs.
- The proposal has a mistake in the value for minimum nominator bond.
- The correct value for minimum nominator bond should be 160 * (10^10).
- The call data and call hash for the proposal are provided.
- The proposal aims to keep the nomination ecosystem active while waiting for a runtime upgrade.

#162 Polkadot’s Update to 160 DOTs as minimum nomination limit: A follow-up proposal fixing a unit mistake