# Summary
This is a runtime release for Acala that supports XCM transfer to Statemint

Release Note: https://github.com/AcalaNetwork/Acala/releases/tag/2.8.3
# Referendum
https://acala.subscan.io/referenda/18
https://acala.subsquare.io/democracy/referendum/18

The proposal outlines AngelHack's Polkadot Global Series: Europe Edition, aiming to foster engagement within the Web3 community. It recaps the virtual hackathon and in-person dotSocial event, detailing participant metrics, challenge tracks, and budget breakdown. Notable outcomes include 923 participants, 495 formed teams, and diverse track winners. Insights reveal strong interest in blockchain, desire for better mentorship, and clearer communication. Future improvements include enhanced team formation support, clearer guidelines, and expanded workshop offerings. Despite falling short of some registration targets, the event successfully engaged a diverse group and provided valuable learnings for future hackathons. AngelHack seeks funding for the event's execution, emphasizing its impact on developer outreach and project adoption within the Polkadot ecosystem.

Attract financial institutions to the Polkadot ecosystem.

- Acala has released a new version that allows for XCM transfer to Statemint.
- You can find more information about the release on the provided link.
- There is also a referendum happening related to this release.
- You can find more information about the referendum on the provided links.
- Tl;dr means "too long; didn't read" and is used to summarize information.

#18 Runtime Upgrade - Enable Statemint XCM transfer

No Active Proposals