This referendum, if approved, will place the following on-chain remark:

**"Reduce the allocation for Growth (LM rewards, bonds etc.) from 5,295,662,772 HDX to 1,795,662,772 HDX, resulting in a reduction of the total HDX supply cap from 10 Billion HDX to 6.5 Billion HDX."**

Full rationale available at https://hydradx.substack.com/p/hydrating-through-the-winter

This referendum aims to reward high quality nomination pools using a fair evaluation system. The evaluation system looked at specific criteria such as metadata, verified identity and nominees. An open-source tool was used to analyze the pools and the results were posted for public scrutiny.

Create 3 high quality educational videos about specific topics on Polkadot.

- There is a referendum happening in Polkassembly.
- The referendum is about reducing the allocation for Growth.
- If approved, the total HDX supply cap will be reduced.
- The reduction will be from 10 Billion HDX to 6.5 Billion HDX.
- You can find more information about this on the given website.

HDX Supply Reduction

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