Changelog of the proposed runtime:   

⬆️ Upgrade to Polkadot SDK stable2412-2

✨ Prepare pallets for async backing

🏗️ Funding pallet migration for enabling async backing

🏗️ Linear release block number provider migration

🏗️ Vesting pallet block number provider migration

🏗️ Migrate pallet staking to use new block time

✨ Allow XCM Transact by

🐛 Correct Async Backing migrations

✅ Add XCM Transact emulator tests

🔖 Release Polimec 1.1.0

More information to be found here: [https://github.com/Polimec/polimec-node/releases/tag/v1.1.0](https://github.com/Polimec/polimec-node/releases/tag/v1.1.0)

The proposal seeks funding for OpenZeppelin's security review of Polkadot's ink! smart contract language and Substrate's smart contracts pallet. The review, conducted between January 23rd and February 17th, identified and addressed security vulnerabilities, ensuring the safety of users. Ink! serves as a crucial component for Polkadot parachains, attracting developers and enabling easy migration to parachain runtimes. OpenZeppelin, a trusted security firm, collaborated closely with Parity Technologies, the ink! team, and other contributors throughout the process. The proposal outlines milestone deliverables and payment conditions, emphasizing transparency and accountability.

Whitepaper Simplification (WPS) for Polkadot: Creation of a user-friendly summary of the Polkadot whitepaper translated into local languages.

Local Market Research: Conducting a survey to gather insights on local user preferences and pain points in the Web3 space.

Dedicated Short Guides: Producing quick 2-minute reads on different aspects of the Polkadot ecosystem.

Short-Form Content and Community Awareness: Creating monthly localized short-form content to expand Polkadot's presence in the Philippines.

Inclusion of Polkadot into Events and Talks: Integrating Polkadot branding into events and workshops hosted by Bitskwela.

Polkadot Connect Philippines & Local Community: Organizing the first Polkadot Connect meetup and establishing a local community.

Press Releases: Publishing monthly press releases on Polkadot ecosystem updates.

Business Development for Polkadot Insider: Connecting local industry players with Polkadot Insider for further market expansion.

Schedule the currently externally-proposed majority-carries referendum to be tabled
immediately. If there is no externally-proposed referendum currently, or if there is one
but it is not a majority-carries referendum then it fails.

The dispatch of this call must be `FastTrackOrigin`.

- `proposal_hash`: The hash of the current external proposal.
- `voting_period`: The period that is allowed for voting on this proposal. Increased to
	Must be always greater than zero.
	For `FastTrackOrigin` must be equal or greater than `FastTrackVotingPeriod`.
- `delay`: The number of block after voting has ended in approval and this should be
  enacted. This doesn't have a minimum amount.

Emits `Started`.

Weight: `O(1)`

Authorize an upgrade to a given `code_hash` for the runtime. The runtime can be supplied
later.

This call requires Root origin.

#24 Runtime upgrade to Polimec 1.1.0

No Active Proposals