NOTE: This was originally [#39](https://polkadot.polkassembly.io/referenda/39)

Nomination pool usage is increasing, and nomination pool commission has now rolled out on Polkadot. This referendum changes the following nomination pool settings to account for this:

- `maxPools` from 256 -> 512 (currently at 131 pools)
- `maxMembers` from 16,384 -> 49,152 (currently at >12,000 members)
- `globalMaxCommission` from 0% -> 10%, enabling pool commission on Polkadot.

Further reading:
- Polkadot Forum: https://forum.polkadot.network/t/next-revision-of-increasing-nomination-pool-limits/2498/5
- GitHub tracking issue: https://github.com/paritytech/substrate/issues/14321

Here are 5 important points about the SubSquare post:

- The nomination pool usage is increasing on Polkadot.
- A referendum has been proposed to change some nomination pool settings.
- The `maxPools` setting will increase from 256 to 512.
- The `maxMembers` setting will increase from 16,384 to 49,152.
- The `globalMaxCommission` setting will change from 0% to 10%, which means pool commission will be enabled on Polkadot.

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[TAKE TWO] Next revision of increasing nomination pool limits & commission

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