Polkadot proposes to shorten the unlocking period of DOT, with the fastest unlock possible in 2 days

On August 14th, Polkadot network proposed RFC 97 with the aim of significantly reducing the unlocking period of DOT tokens. After review and discussion, the proposal has been approved by the Fellowship and its code or design has been merged into the main codebase. The new mechanism will change the originally fixed 28-day unlocking period to a flexible period of 2-28 days, and the specific duration will be dynamically adjusted based on the size of the unlocking request queue. When the queue is relatively idle, the unlocking can be completed in as fast as 2 days; however, when the unlocking requests (calculated by the amount staked) exceed a certain threshold, the unlocking period will be extended to 28 days. The proposal suggests implementing and testing this model on the Kusama network first to evaluate its effectiveness and stability, and then considering integrating it into the Polkadot Mainnet.