SubSquare is a company that wants to make changes to their system to fix a problem. They want to give people more time to fix their mistakes when using their system. They recommend a way for people to manually change their settings to help fix the problem. They want to make this change for about 7 days. They are doing this because they have a problem with their system that they need to fix. This change will only last for a short time and then things will go back to normal.

Temporarily extend redeem period for 8 days

Upgrade to runtime v1.14.1

- The proposal suggests using a new token called KINT as collateral for Kintsugi vaults.
- KINT is a governance token and is requested by current vault operators.
- The proposal suggests changing some parameters on-chain to enable KINT as collateral.
- The initial collateral ceiling for KINT is 100,000 USD equivalent.
- The proposal suggests fast-tracking the enactment of this proposal.

Enable A New Vault Type With KINT As Collateral

- Kintsugi is a system where people can vote on decisions.
- The people who made Kintsugi and invested in it will have less voting power for the first 2 years after it starts.
- This is to make sure that everyone's opinions are heard and no one group has too much power.
- Everyone else can use all of their voting power, but the people who made Kintsugi and invested in it can only use some of theirs.
- This rule will change over time until everyone has the same amount of voting power.

Limit voting power of Kintsugi team and investors

Upgrade to runtime v1.13.0

- The proposal is about opening a communication channel between two parties.
- The proposal requests the opening of the channel in the reverse direction.
- The channel should not be used until it is announced to be fully functioning.
- There are some technical details provided, including data, hash, and URL.
- The technical details are related to the opening and accepting of the channel.

Open XCM channel with Parallel Heiko

Upgrade to release 1.12.2

- Bitcoin transactions are getting stuck because of low fees.
- Some transactions have been waiting for more than 8 hours.
- It may take more than a day for transactions with less than 19 sat/vB fees.
- Vaults are spending too little on fees, possibly because of market volatility.
- A proposal to increase timeouts from 24 to 48 hours is suggested to prevent honest Vaults from being banned.

Increase Issue, Redeem and Replace Periods to 48h (@ 12s p/b)

- Kintsugi has been upgraded from 1.10.0 to 1.12.1.
- Polkadot-v0.9.18 has been upgraded.
- Issue and replace no longer require a griefing collateral amount argument.
- Bitcoin public key is now shared among all vaults controlled by the same accountid.
- Proposals can now be cancelled by their authors, and replace requests can still be executed even after they have been cancelled, as long as the vault has sufficient collateral.

Release 1.12.1

- A proposal has been made to increase the KSM collateral ceiling to 60k KSM.
- The proposer wants it to be fast-tracked, but it has already become a referendum.
- This means it would take 10 days to activate, which is not feasible.
- A new proposal has been made that can be fast-tracked.
- Vault operators need to add more KSM to avoid liquidation.

For fast-track: Increase KSM Collateral Ceiling to 60k KSM

Cancel Referenda #27

CollateralCeiling Increasement to 15k KSM

Cancel Referenda #24

Increase System Collateral Ceiling to 7500 KSM

Cancel Proposal #23

Update Issue, Redeem and Replace Periods

Release 1.10.0: Allow Any Output for Bitcoin Transactions

Increase redeem transaction size

- KINT Vault rewards can be activated soon.
- Interlay team has informed the community about it.
- Vault rewards can be activated via an on-chain governance proposal.
- A fast-track by the Technical Committee is requested to activate Vault rewards on March 24.
- Without TC, the activation would be delayed by another 2 weeks.

Activate KINT Vault Rewards

Reduce issue fees to 0.15%

Increase system collateral ceiling to 2500 KSM

Increase system collateral ceiling to 1326 KSM

Release 1.9.0: Simplify Vault Reward Supply Setting

- Interlay team wants to activate KINT staking rewards around March 15th.
- They need to make an on-chain governance proposal to activate staking rewards.
- They are requesting a fast-track by the Technical Committee to activate staking rewards on March 15th.
- Without the fast-track, staking rewards would be delayed by another 2 weeks.
- The community has been waiting for staking rewards to be activated.

Activate KINT Staking Rewards 

SubSquare has released an update called Kintsugi 1.8.1. Here are the major changes:
- They upgraded their polkadot dependency to 0.9.17
- They fixed some bugs in btc-relay and democracy
- They don't charge a tx fee for execute_redeem
You can find more information about this release in the release notes and code changes on their Github page.

Release 1.8.1: Upgrade Kintsugi to polkadot 0.9.17 and fix a difficulty check bug in the btc-relay

1. There was a mistake in the way the stable parachain confirmations were set.
2. The mistake was because they were using a different block time than what is used in parachain mode.
3. They have proposed a solution to fix this mistake.
4. The solution involves changing the number of blocks needed for confirmation to 300.
5. They obtained this number by multiplying the block time by the number of blocks needed.

Account for 12 second block times in stable parachain confirmations

Open XCM channel with Karura - Part 2/2 (HRMP ACCEPT)

Remove outdated oracle account

For a 2nd-grade student:

- Karura XCM is a way for two groups, Kintsugi and Karura, to share things with each other.
- They need to vote twice to make this happen, and Karura needs to agree too.
- The first vote is to let Kintsugi share things with Karura.
- The second vote is to make sure all the sharing uses V2.
- The people in charge made this happen quickly.

Open XCM channel with Karura - Part 1/2 (HRMP INIT) || Force XCM version to V2

- Kintsugi is a network that allows people to use different cryptocurrencies together.
- When people vote on decisions for Kintsugi, everyone's vote counts, but the team and investors will have less voting power for the first 2 years after the network starts.
- This means that the community will have more say in what happens with Kintsugi during those 2 years.
- The team and investors will still be able to vote, but only with some of their tokens that they have to keep for a certain amount of time.
- After 2 years, the team and investors will have the same voting power as everyone else in the community.

Open XCM channel with Moonriver - Part 2/2 (HRMP ACCEPT)

Open XCM channel with Moonriver - Part 1/2 (HRMP INIT)

- Kintsugi has been upgraded from version 1.5.9 to 1.7.3.
- Polkadot dependency has been upgraded to version 0.9.16.
- A new feature has been added for communication between parachains.
- There are release notes and code changes available on GitHub.
- These changes are important for the Kintsugi software to work better and communicate with other parachains.

Tech. Comm. Proposals