The proposal will upgrade the nomination limits such that more people can start nominating. Note that this is a time-sensitive action, because currently existing nominators cannot change their intentions. [This pull request](https://github.com/paritytech/substrate/pull/9193) will change this logic, so that those who are already a nominator will not be affected by any limit, and **will be placed in the next Polkadot  runtime upgrade**.

The new limits increase the nominator capacity by `2500` (making it `22500` in total), and increase the the stake threshold to `40DOTs`. It is intended that these numbers would keep the current count of nominators (all of whom must have 40 or more DOTs) below the new count limit (`22500`) **until the next runtime upgrade**: If an influx of nominators is observed over a very short period of time, the stake limit might need to be increased again proportionally to keep the staking system stable.  

Preimage [HERE](https://drive.google.com/file/d/1Pp8mkUkFCkYiauUAe2RXFBhzk5wgulGV/view?usp=sharing).

Please vote at your convenience!

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

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

 Allows root origin to change the maximum number of members in society.
 Max membership count must be greater than 1.

 The dispatch origin for this call must be from _ROOT_.

 Parameters:
 - `max` - The maximum number of members for the society.

 # <weight>
 - One storage write to update the max. O(1)
 - One event.

 Total Complexity: O(1)
 # </weight>

- **Problem Statement:** Increase nomination limits to allow more people to start nominating in a time-sensitive manner.
- **Significance:** Ensuring existing nominators are not affected by the limit change and maintaining stability in the staking system.
- **Proposed Solution:** Increase nominator capacity by 2500 to a total of 22500 and raise stake threshold to 40DOTs.
- **Expected Outcomes:** Maintain current nominator count below the new limit until the next runtime upgrade.

#91 Upgrade the nomination limits on Polkadot