Polkassembly Logo

Create Pencil IconCreate
OpenGov

Notice: Polkadot has migrated to AssetHub. Balances, data, referenda, and other on-chain activity has moved to AssetHub.Learn more

View All Discussion

Lower Existential Deposit for Polkadot Wallets

userdan320
4 years ago

Hey, how about lowering the existencial deposit on polkadot wallets? I think while the price is rising that 1 dot existencial deposit acts as an entry barrier. Especially now for parachain auctions. In my opinion it should be decreased. What do you guys think about that? How can we make this happen? I could not find a recent post about this topic. If there is already a discussion please just ignore :)

Comments (6)

profile
sirmax
4 years ago

This is such a great idea. It would enable smaller investors to participate. Aye!

profile
dan320
4 years ago

Hey, thanks for supporting! What do you think could be better 0.01 or 0.1? I think 0.1 would work well for most people right now but could may be to high in the near future. I really like the idea to keep the network free from dust but the actual amount seems outdated.

Load more comments
PleaseLogin to comment

Help Center

Report an Issue
Feedback
Terms and Conditions
Github

Our Services

Docs
Terms of Website
Privacy Policy

A House of Commons Initiative.

Polka Labs Private Limited 2025

All rights reserved.

Terms and ConditionsTerms of Website
Privacy Policy