Greetings everyone!

After discussing these changes with many people in the ecosystem, I have finally prepared a referendum that will reconfigure Kusama's runtime accordingly. This referendum will change the following parameters in the spending tracks:

| Track | Spend Limit| Max Deciding | Min Approval | Preparation Period | Confirmation Period | Decision Period |
|-------|--------------|----------------|-----------------|---------------------|------------------------|------------------|
|Small Tipper|No Change|200 -> 6|No Change|1 mins -> 3 hrs|No Change|No Change|
|Big Tipper|No Change|100 -> 3|No Change|10 mins -> 6 hrs|No Change|No Change|
|Small Spender|333 KSM -> 100 KSM|50 -> 7|No Change|4 hrs -> 24 hrs|No Change|No Change|
|Medium Spender|3,333 KSM -> 1,250 KSM|50 -> 2|No Change|4 hrs -> 24 hrs|No Change|No Change|
|Big Spender|33,333 KSM -> 2,500 KSM|50 -> 1|50% -> 66%|4 hrs -> 24 hrs|48 hrs -> 24 hrs|No Change|
|Treasurer|No Change|No Change|50% -> 66%|2 hrs -> 48 hrs|3 hrs -> 48 hrs|14 days -> 28 days|

For now, the preimage is unnoted. However you can verify the hash by using srtool v0.11.0. The call is:

```
utility.withWeight(
  system.setCode(
    <adam-spending-reconfig wasm blob>
    ),
  1000000000000,
  10000000
)
```

You can find the summary of changes [**on Github here**](https://github.com/paritytech/polkadot/compare/release-v0.9.43...adamsteeber:polkadot:adam-spending-reconfig).

Treasury reconfiguration discussions [**here**](https://forum.polkadot.network/t/kusama-treasury-analysis-reconfiguration/2484) and [**here**](https://forum.polkadot.network/t/kusama-treasury-follow-up-analysis-continued-budgeting-incompetence/3143).

I made a video going through the whole process of this referendum but [**it got removed from Youtube**](https://www.youtube.com/watch?v=HlxjSstvsmM) due to copyright strikes on the music in the background. [**I uploaded it to Twitter**](https://twitter.com/AdamSteeber1/status/1679661676486852610) though so hopefully it will stay up there.

srtool output:

```
✨ Your Substrate WASM Runtime is ready! ✨
Summary generated with srtool v0.11.0 using the docker image paritytech/srtool:1.70.0:
 Package     : kusama-runtime v0.9.43
 GIT commit  : 700acb8e1fc20d53c71f7fdfea44dbe09d171c59
 GIT tag     : v0.9.43
 GIT branch  : adam-spending-reconfig
 Rustc       : rustc 1.70.0 (90c541806 2023-05-31)
 Time        : 2023-07-12T03:09:55Z

== Compact
 Version          : kusama-9431 (parity-kusama-0.tx23.au2)
 Metadata         : V14
 Size             : 6.76 MB (7087543 bytes)
 setCode          : 0xb33c31bd19d662efa286825b762e12f4b5c5f3efe52adb9364f0536b85c23411
 authorizeUpgrade : 0x39d7596c5ff88184df84e1c8b97c990c770d3b504e1a14184f7cc1a7dc11554f
 IPFS             : QmTM2YunEtFS16M7U82tBVDXZoSqj6Ygj4BFvPoEzbD9Nq
 BLAKE2_256       : 0x6931efb33b54eb6415b0bc5872623049eb5c5d130dc8fff31597c2c4791b81a7
 Wasm             : runtime/kusama/target/srtool/release/wbuild/kusama-runtime/kusama_runtime.compact.wasm

== Compressed
 Version          : kusama-9431 (parity-kusama-0.tx23.au2)
 Metadata         : V14
 Size             : 1.41 MB (1482916 bytes)
 Compression      : 79.08%
 setCode          : 0x47c4c4406c953aa037361422b6633ad3238f324b065999e55f50ea30fc11f08d
 authorizeUpgrade : 0x5643d874b0e71ad9a5dd2341e29e06e28ca2b19db770298785adc1db527f7afc
 IPFS             : QmNt3L38axQ9q4ibhx3FaNKLF4CwX7WkWpPU6CAycbVtGw
 BLAKE2_256       : 0x6320cbe21cd6ddf5fdc371a6d2da568d4b179dc5648eb2559e2e801370375b99
 Wasm             : runtime/kusama/target/srtool/release/wbuild/kusama-runtime/kusama_runtime.compact.compressed.wasm
```

Respectfully,

Adam

Dispatch a function call with a specified weight.

This function does not check the weight of the call, and instead allows the
Root origin to specify the weight of the call.

The dispatch origin for this call must be _Root_.



1. A referendum has been prepared to reconfigure Kusamaruntime's spending track parameters
2. Changes include:
   - Small Tipper: Decision from 200 to 6, Preparation Period from 1 mins to 3 hrs
   - Big Tipper: Decision from 100 to 3, Preparation Period from 10 mins to 6 hrs
   - Small Spender: Spend Limit from 333 KSM to 100 KSM, Deciding from 50 to 7
   - Medium Spender: Spend Limit from 3,333 KSM to 1,250 KSM, Deciding from 50 to 4
   - Big Spender: Spend Limit from 33,333 KSM to 2,500 KSM, Deciding from 50 to 1, Min Approval from 50% to 66%, Preparation Period from 4 hrs to 24 hrs, Confirmation Period from 48 hrs to 24 hrs
   - Treasurer: Min Approval from 50% to 66%, Preparation Period from 2 hrs to 48 hrs, Confirmation Period from 3 hrs to 48 hrs, Decision Period from 14 days to 28 days
3. Preimage unnoted, hash of preimage available on srtool v0.11.0
4. Explanation and reconfiguration discussions available on

#235 Spending Tracks Reconfiguration - runtime v9431

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