Cancel Referendum 241 (runtime upgrade) due to XCM issue

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\f0\fs24 \cf0 Burn Kappa Sigma Mu Society pot by setting account balance to 1000 KSM
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\f0\b\fs24 \cf0 Back\

\f1\b0 Within the current design of Kusama there exists a treasury and a burn mechanism, designed to incentivise the spending of accrued funds.

In the current 7 day spend period on Kusama 585 KSM ~ $14.93K will be burned unless it is utilised via spending proposals.

Currently 99.8% of that spend is unused, 0.2% is redirected to the Kappa Sigma Mu society account where its used to incentivise creative innovation more tattoos, and so far precious little else.

137,000 KSM is more than a 1/3 of the current Kusama treasury which holds 327k KSM.

With current parameters it will take 50+ years to spend the 137k KSM it has.

'93Do we want 1% of Kusama's issuance sitting around when we could be burning it?'94

https://kusama.polkassembly.io/post/2018#4e5fc541-97ed-4409-bb46-6f96a675ec0f
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\f1\b0 \

\f0\b Further reading\

\f1\b0 Kusama issue #1: Treasury burn, Kappa Sigma Mu and the richest collective you'92ve never heard of
https://forum.polkadot.network/t/kusama-issue-1-treasury-burn-kappa-sigma-mu-and-the-richest-collective-youve-never-heard-of/3059\
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