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Last active September 14, 2026 13:32
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Kusama System Collator Bounty Top-up -2026 - Addendum

Addendum — October 2026 Onward

From October 2026 onward, payments would be focused on new and reduced set of invulnerable collators. It was the intent that the reduced set of collators would be in-place sooner however the process the process took longer than expected and is nearing completion. At the end we anticipate that from October 20226, we'll only fund 30 community-funded invulnerables at $250 per collator per month.

Until the updated assignments are fully implemented, the payment script will recognise the existing invulnerables and ensure that eligible operators continue to receive payment pro-rata.

Exchange Rate Note

The original proposal used a reference conversion rate of $2.932 per KSM.

Recent July–September reference prices indicate an average of approximately $3.48/KSM.

The improvement in the KSM/USD exchange rate reduces the amount of KSM required to meet a given USD-denominated payment obligation when compared with the assumptions used in the original proposal.

For example, the original monthly collator allocation of $7,500 required approximately:

$7,500 / $2.932 = 2,557.98 KSM

At an indicative rate of $3.48/KSM, the same USD obligation would require approximately:

$7,500 / $3.48 = 2,155.17 KSM

This improved exchange rate provides additional flexibility while the updated invulnerable assignments and associated on-chain changes are completed.

All other terms of the original proposal, including the $250 monthly payment per eligible invulnerable, remain unchanged.

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