As we are almost at 50k nominators and we need to avoid a scenario of no one being able to change or set nominations, this external motion aims to outstrip [Referendum 86](https://polkadot.polkassembly.io/referendum/86) aiming to define slightly higher nomination min bond limits, which is currently up for community vote for next 11 days and with a new motion suggest shorter voting and enactment periods. If approved and later fast-tracked by the TC, making [Referendum 86](https://polkadot.polkassembly.io/referendum/86) redundant; Hence, this proposal, along with updating several staking configurations, would also cancel the [Referendum 86](https://polkadot.polkassembly.io/referendum/86). 

Further information about the importance of the higher nomination min bond limits can be found in the initial discussion post [here](https://polkadot.polkassembly.io/post/1224). 

 ![](https://i.postimg.cc/cJJQF6CT/Screenshot-2022-12-02-at-09-24-23.png)

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)`

Send a batch of dispatch calls.

May be called from any origin.

- `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 call are dispatch without checking origin filter. (This includes
bypassing `frame_system::Config::BaseCallFilter`).

# <weight>
- Complexity: O(C) where C is the number of calls to be batched.
# </weight>

This will return `Ok` in all circumstances. To determine the success of the batch, an
event is deposited. If a call failed and the batch was interrupted, then the
`BatchInterrupted` event is deposited, along with the number of successful calls made
and the error of the failed call. If all were successful, then the `BatchCompleted`
event is deposited.

- There is a proposal to change the minimum bond limits for nominators.
- This proposal aims to make the voting and enactment periods shorter.
- If approved, this proposal would cancel another proposal called Referendum 86.
- The importance of higher nomination min bond limits is discussed in a separate post.
- There is an image included in the post.

#303 Redefining Slightly Nomination Minimum Bond Limits and Removing Max Number of Nominators (replacing Referendum 86)