Reducing the Existential Deposit to 1 GEODE is up for vote. The vote closes SATURDAY APRIL 13TH at 10AM EASTERN TIME. If it passes, it will be implemented immediately and automatically via forkless upgrade! Remember to NOT BOND everything you have unless you really feel that strongly becuase voting bonds are 30 days before they are released to be used again.
- The Existential Deposit is the minimum an account must maintain or be deleted
- Current existential deposit = 10 GEODE
- Proposed existential deposit = 1 GEODE
- WHY? To make it easier for anyone to have a Geode account, and make our faucet work harder for more users
