diff --git a/CHANGELOG.md b/CHANGELOG.md
index e378bf759..05a17d8e9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -20,6 +20,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - ...
 
+## [4.8.2]
+
+### Changed
+
+- [C,D] Updated governance related constants
+
 ## [4.8.1]
 
 ### Added
diff --git a/Cargo.lock b/Cargo.lock
index 004f09538..290670299 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -725,7 +725,7 @@ dependencies = [
 
 [[package]]
 name = "cere"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "cere-cli",
  "sc-cli",
@@ -735,7 +735,7 @@ dependencies = [
 
 [[package]]
 name = "cere-cli"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "cere-client",
  "cere-service",
@@ -749,7 +749,7 @@ dependencies = [
 
 [[package]]
 name = "cere-client"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "cere-dev-runtime",
  "cere-runtime",
@@ -784,7 +784,7 @@ dependencies = [
 
 [[package]]
 name = "cere-dev-runtime"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "cere-dev-runtime-constants",
  "cere-runtime-common",
@@ -872,7 +872,7 @@ dependencies = [
 
 [[package]]
 name = "cere-dev-runtime-constants"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "node-primitives",
  "sp-runtime",
@@ -880,7 +880,7 @@ dependencies = [
 
 [[package]]
 name = "cere-rpc"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "jsonrpsee",
  "node-primitives",
@@ -910,7 +910,7 @@ dependencies = [
 
 [[package]]
 name = "cere-runtime"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "cere-runtime-common",
  "cere-runtime-constants",
@@ -997,7 +997,7 @@ dependencies = [
 
 [[package]]
 name = "cere-runtime-common"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "frame-support",
  "node-primitives",
@@ -1007,7 +1007,7 @@ dependencies = [
 
 [[package]]
 name = "cere-runtime-constants"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "node-primitives",
  "sp-runtime",
@@ -1015,7 +1015,7 @@ dependencies = [
 
 [[package]]
 name = "cere-service"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "cere-client",
  "cere-dev-runtime",
@@ -4677,7 +4677,7 @@ dependencies = [
 
 [[package]]
 name = "pallet-cere-ddc"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "frame-support",
  "frame-system",
@@ -4692,7 +4692,7 @@ dependencies = [
 
 [[package]]
 name = "pallet-chainbridge"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "frame-benchmarking",
  "frame-support",
@@ -4829,7 +4829,7 @@ dependencies = [
 
 [[package]]
 name = "pallet-ddc-metrics-offchain-worker"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "alt_serde",
  "frame-support",
@@ -4855,7 +4855,7 @@ dependencies = [
 
 [[package]]
 name = "pallet-ddc-staking"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "frame-benchmarking",
  "frame-support",
@@ -4946,7 +4946,7 @@ dependencies = [
 
 [[package]]
 name = "pallet-erc20"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "frame-benchmarking",
  "frame-support",
@@ -4966,7 +4966,7 @@ dependencies = [
 
 [[package]]
 name = "pallet-erc721"
-version = "4.8.1"
+version = "4.8.2"
 dependencies = [
  "frame-benchmarking",
  "frame-support",
diff --git a/Cargo.toml b/Cargo.toml
index 21bfbe271..ddd0c823c 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -5,7 +5,7 @@ path = "src/main.rs"
 [package]
 name = "cere"
 license = "GPL-3.0-or-later WITH Classpath-exception-2.0"
-version = "4.8.1"
+version = "4.8.2"
 edition = "2021"
 build = "build.rs"
 
diff --git a/cli/Cargo.toml b/cli/Cargo.toml
index 460371d3c..525299b40 100644
--- a/cli/Cargo.toml
+++ b/cli/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cere-cli"
-version = "4.8.1"
+version = "4.8.2"
 edition = "2021"
 
 [package.metadata.wasm-pack.profile.release]
diff --git a/node/client/Cargo.toml b/node/client/Cargo.toml
index dbafa5fa8..e99aa54ba 100644
--- a/node/client/Cargo.toml
+++ b/node/client/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cere-client"
-version = "4.8.1"
+version = "4.8.2"
 edition = "2021"
 
 [dependencies]
diff --git a/node/service/Cargo.toml b/node/service/Cargo.toml
index d444e3244..3be0f57ca 100644
--- a/node/service/Cargo.toml
+++ b/node/service/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cere-service"
-version = "4.8.1"
+version = "4.8.2"
 edition = "2021"
 
 [dependencies]
diff --git a/pallets/chainbridge/Cargo.toml b/pallets/chainbridge/Cargo.toml
index de714f861..0c4360c19 100644
--- a/pallets/chainbridge/Cargo.toml
+++ b/pallets/chainbridge/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "pallet-chainbridge"
-version = "4.8.1"
+version = "4.8.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 license = "Unlicense"
diff --git a/pallets/ddc-metrics-offchain-worker/Cargo.toml b/pallets/ddc-metrics-offchain-worker/Cargo.toml
index 74747a397..4c4b793a8 100644
--- a/pallets/ddc-metrics-offchain-worker/Cargo.toml
+++ b/pallets/ddc-metrics-offchain-worker/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "pallet-ddc-metrics-offchain-worker"
-version = "4.8.1"
+version = "4.8.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 license = "Unlicense"
diff --git a/pallets/ddc-staking/Cargo.toml b/pallets/ddc-staking/Cargo.toml
index ce16ead54..85871b7ac 100644
--- a/pallets/ddc-staking/Cargo.toml
+++ b/pallets/ddc-staking/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "pallet-ddc-staking"
-version = "4.8.1"
+version = "4.8.2"
 edition = "2021"
 
 [dependencies]
diff --git a/pallets/ddc/Cargo.toml b/pallets/ddc/Cargo.toml
index 9c89014d1..d34cea0a3 100644
--- a/pallets/ddc/Cargo.toml
+++ b/pallets/ddc/Cargo.toml
@@ -6,7 +6,7 @@ homepage = 'https://www.cere.network/'
 license = 'Unlicense'
 name = 'pallet-cere-ddc'
 repository = 'https://github.com/Cerebellum-Network/ddc-pallet'
-version = '4.8.1'
+version = '4.8.2'
 readme = 'README.md'
 
 [package.metadata.docs.rs]
diff --git a/pallets/erc20/Cargo.toml b/pallets/erc20/Cargo.toml
index 6cce2c8d4..eb7207658 100644
--- a/pallets/erc20/Cargo.toml
+++ b/pallets/erc20/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "pallet-erc20"
-version = "4.8.1"
+version = "4.8.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 license = "Unlicense"
diff --git a/pallets/erc721/Cargo.toml b/pallets/erc721/Cargo.toml
index 3f586f103..b66b5ad47 100644
--- a/pallets/erc721/Cargo.toml
+++ b/pallets/erc721/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "pallet-erc721"
-version = "4.8.1"
+version = "4.8.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 license = "Unlicense"
diff --git a/rpc/Cargo.toml b/rpc/Cargo.toml
index e037f35f4..0d469071c 100644
--- a/rpc/Cargo.toml
+++ b/rpc/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cere-rpc"
-version = "4.8.1"
+version = "4.8.2"
 edition = "2021"
 
 [dependencies]
diff --git a/runtime/cere-dev/Cargo.toml b/runtime/cere-dev/Cargo.toml
index 830a27c08..677eb05c4 100644
--- a/runtime/cere-dev/Cargo.toml
+++ b/runtime/cere-dev/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cere-dev-runtime"
-version = "4.8.1"
+version = "4.8.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 build = "build.rs"
@@ -96,12 +96,12 @@ pallet-transaction-storage = { version = "4.0.0-dev", default-features = false,
 pallet-vesting = { version = "4.0.0-dev", default-features = false, git = "https://github.com/paritytech/substrate.git", branch = "polkadot-v0.9.30" }
 cere-runtime-common = { path = "../common", default-features = false }
 cere-dev-runtime-constants = { path = "./constants", default-features = false }
-pallet-ddc-staking = { version = "4.8.1", default-features = false, path = "../../pallets/ddc-staking" }
-pallet-chainbridge = { version = "4.8.1", default-features = false, path = "../../pallets/chainbridge" }
-pallet-cere-ddc = { version = "4.8.1", default-features = false, path = "../../pallets/ddc" }
-pallet-erc721 = { version = "4.8.1", default-features = false, path = "../../pallets/erc721" }
-pallet-erc20 = { version = "4.8.1", default-features = false, path = "../../pallets/erc20" }
-pallet-ddc-metrics-offchain-worker = { version = "4.8.1", default-features = false, path = "../../pallets/ddc-metrics-offchain-worker" }
+pallet-ddc-staking = { version = "4.8.2", default-features = false, path = "../../pallets/ddc-staking" }
+pallet-chainbridge = { version = "4.8.2", default-features = false, path = "../../pallets/chainbridge" }
+pallet-cere-ddc = { version = "4.8.2", default-features = false, path = "../../pallets/ddc" }
+pallet-erc721 = { version = "4.8.2", default-features = false, path = "../../pallets/erc721" }
+pallet-erc20 = { version = "4.8.2", default-features = false, path = "../../pallets/erc20" }
+pallet-ddc-metrics-offchain-worker = { version = "4.8.2", default-features = false, path = "../../pallets/ddc-metrics-offchain-worker" }
 
 [build-dependencies]
 substrate-wasm-builder = { version = "5.0.0-dev", git = "https://github.com/paritytech/substrate.git", branch = "polkadot-v0.9.30" }
diff --git a/runtime/cere-dev/constants/Cargo.toml b/runtime/cere-dev/constants/Cargo.toml
index 5fdb89737..2090d4a51 100644
--- a/runtime/cere-dev/constants/Cargo.toml
+++ b/runtime/cere-dev/constants/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cere-dev-runtime-constants"
-version = "4.8.1"
+version = "4.8.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
diff --git a/runtime/cere-dev/src/lib.rs b/runtime/cere-dev/src/lib.rs
index 1823209fc..864be7d12 100644
--- a/runtime/cere-dev/src/lib.rs
+++ b/runtime/cere-dev/src/lib.rs
@@ -130,7 +130,7 @@ pub const VERSION: RuntimeVersion = RuntimeVersion {
 	// and set impl_version to 0. If only runtime
 	// implementation changes and behavior does not, then leave spec_version as
 	// is and increment impl_version.
-	spec_version: 48001,
+	spec_version: 48200,
 	impl_version: 0,
 	apis: RUNTIME_API_VERSIONS,
 	transaction_version: 5,
@@ -726,7 +726,7 @@ parameter_types! {
 	pub const LaunchPeriod: BlockNumber = 1 * 24 * 60 * MINUTES;
 	pub const VotingPeriod: BlockNumber = 1 * 24 * 60 * MINUTES;
 	pub const FastTrackVotingPeriod: BlockNumber = 3 * 60 * MINUTES;
-	pub const MinimumDeposit: Balance = 5000 * DOLLARS;
+	pub const MinimumDeposit: Balance = 50_000 * DOLLARS;
 	pub const EnactmentPeriod: BlockNumber = 1 * 24 * 60 * MINUTES;
 	pub const CooloffPeriod: BlockNumber = 7 * 24 * 60 * MINUTES;
 	pub const MaxProposals: u32 = 100;
@@ -802,11 +802,11 @@ impl pallet_collective::Config<CouncilCollective> for Runtime {
 }
 
 parameter_types! {
-	pub const CandidacyBond: Balance = 100 * DOLLARS;
+	pub const CandidacyBond: Balance = 5_000_000 * DOLLARS;
 	// 1 storage item created, key size is 32 bytes, value size is 16+16.
 	pub const VotingBondBase: Balance = deposit(1, 64);
 	pub const VotingBondFactor: Balance = 1 * DOLLARS;
-	pub const TermDuration: BlockNumber = 7 * DAYS;
+	pub const TermDuration: BlockNumber = 182 * DAYS;
 	pub const DesiredMembers: u32 = 13;
 	pub const DesiredRunnersUp: u32 = 20;
 	pub const ElectionsPhragmenPalletId: LockIdentifier = *b"phrelect";
@@ -876,12 +876,12 @@ impl pallet_membership::Config<pallet_membership::Instance1> for Runtime {
 
 parameter_types! {
 	pub const ProposalBond: Permill = Permill::from_percent(5);
-	pub const ProposalBondMinimum: Balance = 100 * DOLLARS;
+	pub const ProposalBondMinimum: Balance = 50_000 * DOLLARS;
 	pub const SpendPeriod: BlockNumber = 1 * DAYS;
 	pub const Burn: Permill = Permill::from_percent(0);
 	pub const TipCountdown: BlockNumber = 1 * DAYS;
 	pub const TipFindersFee: Percent = Percent::from_percent(20);
-	pub const TipReportDepositBase: Balance = 1 * DOLLARS;
+	pub const TipReportDepositBase: Balance = 50_000 * DOLLARS;
 	pub const DataDepositPerByte: Balance = 1 * CENTS;
 	pub const TreasuryPalletId: PalletId = PalletId(*b"py/trsry");
 	pub const MaximumReasonLength: u32 = 16384;
@@ -916,7 +916,7 @@ impl pallet_treasury::Config for Runtime {
 parameter_types! {
 	pub const BountyCuratorDeposit: Permill = Permill::from_percent(50);
 	pub const BountyValueMinimum: Balance = 10 * DOLLARS;
-	pub const BountyDepositBase: Balance = 1 * DOLLARS;
+	pub const BountyDepositBase: Balance = 50_000 * DOLLARS;
 	pub const CuratorDepositMultiplier: Permill = Permill::from_percent(50);
 	pub const CuratorDepositMin: Balance = 1 * DOLLARS;
 	pub const CuratorDepositMax: Balance = 100 * DOLLARS;
diff --git a/runtime/cere/Cargo.toml b/runtime/cere/Cargo.toml
index 59a2668cd..d7afcefdb 100644
--- a/runtime/cere/Cargo.toml
+++ b/runtime/cere/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cere-runtime"
-version = "4.8.1"
+version = "4.8.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 build = "build.rs"
@@ -96,11 +96,11 @@ pallet-transaction-storage = { version = "4.0.0-dev", default-features = false,
 pallet-vesting = { version = "4.0.0-dev", default-features = false, git = "https://github.com/paritytech/substrate.git", branch = "polkadot-v0.9.30" }
 cere-runtime-common = { path = "../common", default-features = false }
 cere-runtime-constants = { path = "./constants", default-features = false }
-pallet-chainbridge = { version = "4.8.1", default-features = false, path = "../../pallets/chainbridge" }
-pallet-cere-ddc = { version = "4.8.1", default-features = false, path = "../../pallets/ddc" }
-pallet-erc721 = { version = "4.8.1", default-features = false, path = "../../pallets/erc721" }
-pallet-erc20 = { version = "4.8.1", default-features = false, path = "../../pallets/erc20" }
-pallet-ddc-metrics-offchain-worker = { version = "4.8.1", default-features = false, path = "../../pallets/ddc-metrics-offchain-worker" }
+pallet-chainbridge = { version = "4.8.2", default-features = false, path = "../../pallets/chainbridge" }
+pallet-cere-ddc = { version = "4.8.2", default-features = false, path = "../../pallets/ddc" }
+pallet-erc721 = { version = "4.8.2", default-features = false, path = "../../pallets/erc721" }
+pallet-erc20 = { version = "4.8.2", default-features = false, path = "../../pallets/erc20" }
+pallet-ddc-metrics-offchain-worker = { version = "4.8.2", default-features = false, path = "../../pallets/ddc-metrics-offchain-worker" }
 
 [build-dependencies]
 substrate-wasm-builder = { version = "5.0.0-dev", git = "https://github.com/paritytech/substrate.git", branch = "polkadot-v0.9.30" }
diff --git a/runtime/cere/constants/Cargo.toml b/runtime/cere/constants/Cargo.toml
index 2188486ef..75727ca02 100644
--- a/runtime/cere/constants/Cargo.toml
+++ b/runtime/cere/constants/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cere-runtime-constants"
-version = "4.8.1"
+version = "4.8.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
diff --git a/runtime/cere/src/lib.rs b/runtime/cere/src/lib.rs
index 9145da19c..fa5aae54e 100644
--- a/runtime/cere/src/lib.rs
+++ b/runtime/cere/src/lib.rs
@@ -128,7 +128,7 @@ pub const VERSION: RuntimeVersion = RuntimeVersion {
 	// and set impl_version to 0. If only runtime
 	// implementation changes and behavior does not, then leave spec_version as
 	// is and increment impl_version.
-	spec_version: 48001,
+	spec_version: 48200,
 	impl_version: 0,
 	apis: RUNTIME_API_VERSIONS,
 	transaction_version: 5,
@@ -725,7 +725,7 @@ parameter_types! {
 	pub const LaunchPeriod: BlockNumber = 1 * 24 * 60 * MINUTES;
 	pub const VotingPeriod: BlockNumber = 1 * 24 * 60 * MINUTES;
 	pub const FastTrackVotingPeriod: BlockNumber = 3 * 60 * MINUTES;
-	pub const MinimumDeposit: Balance = 5000 * DOLLARS;
+	pub const MinimumDeposit: Balance = 50_000 * DOLLARS;
 	pub const EnactmentPeriod: BlockNumber = 1 * 24 * 60 * MINUTES;
 	pub const CooloffPeriod: BlockNumber = 7 * 24 * 60 * MINUTES;
 	pub const MaxProposals: u32 = 100;
@@ -801,11 +801,11 @@ impl pallet_collective::Config<CouncilCollective> for Runtime {
 }
 
 parameter_types! {
-	pub const CandidacyBond: Balance = 100 * DOLLARS;
+	pub const CandidacyBond: Balance = 5_000_000 * DOLLARS;
 	// 1 storage item created, key size is 32 bytes, value size is 16+16.
 	pub const VotingBondBase: Balance = deposit(1, 64);
 	pub const VotingBondFactor: Balance = 1 * DOLLARS;
-	pub const TermDuration: BlockNumber = 7 * DAYS;
+	pub const TermDuration: BlockNumber = 182 * DAYS;
 	pub const DesiredMembers: u32 = 13;
 	pub const DesiredRunnersUp: u32 = 20;
 	pub const ElectionsPhragmenPalletId: LockIdentifier = *b"phrelect";
@@ -875,12 +875,12 @@ impl pallet_membership::Config<pallet_membership::Instance1> for Runtime {
 
 parameter_types! {
 	pub const ProposalBond: Permill = Permill::from_percent(5);
-	pub const ProposalBondMinimum: Balance = 100 * DOLLARS;
+	pub const ProposalBondMinimum: Balance = 50_000 * DOLLARS;
 	pub const SpendPeriod: BlockNumber = 1 * DAYS;
 	pub const Burn: Permill = Permill::from_percent(0);
 	pub const TipCountdown: BlockNumber = 1 * DAYS;
 	pub const TipFindersFee: Percent = Percent::from_percent(20);
-	pub const TipReportDepositBase: Balance = 1 * DOLLARS;
+	pub const TipReportDepositBase: Balance = 50_000 * DOLLARS;
 	pub const DataDepositPerByte: Balance = 1 * CENTS;
 	pub const TreasuryPalletId: PalletId = PalletId(*b"py/trsry");
 	pub const MaximumReasonLength: u32 = 16384;
@@ -915,7 +915,7 @@ impl pallet_treasury::Config for Runtime {
 parameter_types! {
 	pub const BountyCuratorDeposit: Permill = Permill::from_percent(50);
 	pub const BountyValueMinimum: Balance = 10 * DOLLARS;
-	pub const BountyDepositBase: Balance = 1 * DOLLARS;
+	pub const BountyDepositBase: Balance = 50_000 * DOLLARS;
 	pub const CuratorDepositMultiplier: Permill = Permill::from_percent(50);
 	pub const CuratorDepositMin: Balance = 1 * DOLLARS;
 	pub const CuratorDepositMax: Balance = 100 * DOLLARS;
diff --git a/runtime/common/Cargo.toml b/runtime/common/Cargo.toml
index 15c08df07..e94be8e92 100644
--- a/runtime/common/Cargo.toml
+++ b/runtime/common/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cere-runtime-common"
-version = "4.8.1"
+version = "4.8.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"