diff --git a/cumulus/parachains/runtimes/coretime/coretime-rococo/src/lib.rs b/cumulus/parachains/runtimes/coretime/coretime-rococo/src/lib.rs
index 0c9f9461f7f4..51e317b4866a 100644
--- a/cumulus/parachains/runtimes/coretime/coretime-rococo/src/lib.rs
+++ b/cumulus/parachains/runtimes/coretime/coretime-rococo/src/lib.rs
@@ -45,7 +45,8 @@ use frame_support::{
 	genesis_builder_helper::{build_state, get_preset},
 	parameter_types,
 	traits::{
-		ConstBool, ConstU32, ConstU64, ConstU8, EitherOfDiverse, InstanceFilter, TransformOrigin,
+		fungible::HoldConsideration, ConstBool, ConstU32, ConstU64, ConstU8, EitherOfDiverse,
+		InstanceFilter, LinearStoragePrice, TransformOrigin, ZeroFootprintOr,
 	},
 	weights::{ConstantMultiplier, Weight, WeightToFee as _},
 	PalletId,
@@ -549,28 +550,41 @@ impl InstanceFilter<RuntimeCall> for ProxyType {
 parameter_types! {
 	// One storage item; key size 32, value size 8; .
 	pub const ProxyDepositBase: Balance = deposit(1, 40);
-	// Additional storage item size of 33 bytes.
-	pub const ProxyDepositFactor: Balance = deposit(0, 33);
+	pub const ProxyDepositPerByte: Balance = deposit(0, 1);
 	pub const MaxProxies: u16 = 32;
-	// One storage item; key size 32, value size 16
 	pub const AnnouncementDepositBase: Balance = deposit(1, 48);
-	pub const AnnouncementDepositFactor: Balance = deposit(0, 66);
+	pub const AnnouncementDepositPerByte: Balance = deposit(0, 1);
 	pub const MaxPending: u16 = 32;
+	pub const ProxyHoldReason: RuntimeHoldReason = RuntimeHoldReason::Proxy(pallet_proxy::HoldReason::Proxy);
+	pub const AnnouncementHoldReason: RuntimeHoldReason = RuntimeHoldReason::Proxy(pallet_proxy::HoldReason::Announcement);
 }
 
 impl pallet_proxy::Config for Runtime {
 	type RuntimeEvent = RuntimeEvent;
 	type RuntimeCall = RuntimeCall;
-	type Currency = Balances;
 	type ProxyType = ProxyType;
-	type ProxyDepositBase = ProxyDepositBase;
-	type ProxyDepositFactor = ProxyDepositFactor;
 	type MaxProxies = MaxProxies;
 	type WeightInfo = weights::pallet_proxy::WeightInfo<Runtime>;
 	type MaxPending = MaxPending;
 	type CallHasher = BlakeTwo256;
-	type AnnouncementDepositBase = AnnouncementDepositBase;
-	type AnnouncementDepositFactor = AnnouncementDepositFactor;
+	type ProxyConsideration = HoldConsideration<
+		AccountId,
+		Balances,
+		ProxyHoldReason,
+		ZeroFootprintOr<
+			LinearStoragePrice<ProxyDepositBase, ProxyDepositPerByte, Balance>,
+			Balance,
+		>,
+	>;
+	type AnnouncementConsideration = HoldConsideration<
+		AccountId,
+		Balances,
+		ProxyHoldReason,
+		ZeroFootprintOr<
+			LinearStoragePrice<AnnouncementDepositBase, AnnouncementDepositPerByte, Balance>,
+			Balance,
+		>,
+	>;
 }
 
 impl pallet_utility::Config for Runtime {
diff --git a/cumulus/parachains/runtimes/coretime/coretime-westend/src/lib.rs b/cumulus/parachains/runtimes/coretime/coretime-westend/src/lib.rs
index 614eae895a74..3edaeda0dc47 100644
--- a/cumulus/parachains/runtimes/coretime/coretime-westend/src/lib.rs
+++ b/cumulus/parachains/runtimes/coretime/coretime-westend/src/lib.rs
@@ -45,7 +45,8 @@ use frame_support::{
 	genesis_builder_helper::{build_state, get_preset},
 	parameter_types,
 	traits::{
-		ConstBool, ConstU32, ConstU64, ConstU8, EitherOfDiverse, InstanceFilter, TransformOrigin,
+		fungible::HoldConsideration, ConstBool, ConstU32, ConstU64, ConstU8, EitherOfDiverse,
+		InstanceFilter, LinearStoragePrice, TransformOrigin, ZeroFootprintOr,
 	},
 	weights::{ConstantMultiplier, Weight, WeightToFee as _},
 	PalletId,
@@ -549,28 +550,42 @@ impl InstanceFilter<RuntimeCall> for ProxyType {
 parameter_types! {
 	// One storage item; key size 32, value size 8; .
 	pub const ProxyDepositBase: Balance = deposit(1, 40);
-	// Additional storage item size of 33 bytes.
-	pub const ProxyDepositFactor: Balance = deposit(0, 33);
+	pub const ProxyDepositPerByte: Balance = deposit(0, 1);
 	pub const MaxProxies: u16 = 32;
 	// One storage item; key size 32, value size 16
 	pub const AnnouncementDepositBase: Balance = deposit(1, 48);
-	pub const AnnouncementDepositFactor: Balance = deposit(0, 66);
+	pub const AnnouncementDepositPerByte: Balance = deposit(0, 1);
 	pub const MaxPending: u16 = 32;
+	pub const ProxyHoldReason: RuntimeHoldReason = RuntimeHoldReason::Proxy(pallet_proxy::HoldReason::Proxy);
+	pub const AnnouncementHoldReason: RuntimeHoldReason = RuntimeHoldReason::Proxy(pallet_proxy::HoldReason::Announcement);
 }
 
 impl pallet_proxy::Config for Runtime {
 	type RuntimeEvent = RuntimeEvent;
 	type RuntimeCall = RuntimeCall;
-	type Currency = Balances;
 	type ProxyType = ProxyType;
-	type ProxyDepositBase = ProxyDepositBase;
-	type ProxyDepositFactor = ProxyDepositFactor;
 	type MaxProxies = MaxProxies;
 	type WeightInfo = weights::pallet_proxy::WeightInfo<Runtime>;
 	type MaxPending = MaxPending;
 	type CallHasher = BlakeTwo256;
-	type AnnouncementDepositBase = AnnouncementDepositBase;
-	type AnnouncementDepositFactor = AnnouncementDepositFactor;
+	type ProxyConsideration = HoldConsideration<
+		AccountId,
+		Balances,
+		ProxyHoldReason,
+		ZeroFootprintOr<
+			LinearStoragePrice<ProxyDepositBase, ProxyDepositPerByte, Balance>,
+			Balance,
+		>,
+	>;
+	type AnnouncementConsideration = HoldConsideration<
+		AccountId,
+		Balances,
+		ProxyHoldReason,
+		ZeroFootprintOr<
+			LinearStoragePrice<AnnouncementDepositBase, AnnouncementDepositPerByte, Balance>,
+			Balance,
+		>,
+	>;
 }
 
 impl pallet_utility::Config for Runtime {
diff --git a/cumulus/parachains/runtimes/people/people-rococo/src/lib.rs b/cumulus/parachains/runtimes/people/people-rococo/src/lib.rs
index 9b251a90d678..6fec26dbc26f 100644
--- a/cumulus/parachains/runtimes/people/people-rococo/src/lib.rs
+++ b/cumulus/parachains/runtimes/people/people-rococo/src/lib.rs
@@ -34,8 +34,8 @@ use frame_support::{
 	genesis_builder_helper::{build_state, get_preset},
 	parameter_types,
 	traits::{
-		ConstBool, ConstU32, ConstU64, ConstU8, EitherOfDiverse, Everything, InstanceFilter,
-		TransformOrigin,
+		fungible::HoldConsideration, ConstBool, ConstU32, ConstU64, ConstU8, EitherOfDiverse,
+		Everything, InstanceFilter, LinearStoragePrice, TransformOrigin, ZeroFootprintOr,
 	},
 	weights::{ConstantMultiplier, Weight, WeightToFee as _},
 	PalletId,
@@ -492,28 +492,42 @@ impl InstanceFilter<RuntimeCall> for ProxyType {
 parameter_types! {
 	// One storage item; key size 32, value size 8.
 	pub const ProxyDepositBase: Balance = deposit(1, 40);
-	// Additional storage item size of 33 bytes.
-	pub const ProxyDepositFactor: Balance = deposit(0, 33);
+	pub const ProxyDepositPerByte: Balance = deposit(0, 1);
 	pub const MaxProxies: u16 = 32;
 	// One storage item; key size 32, value size 16.
 	pub const AnnouncementDepositBase: Balance = deposit(1, 48);
-	pub const AnnouncementDepositFactor: Balance = deposit(0, 66);
+	pub const AnnouncementDepositPerByte: Balance = deposit(0, 1);
 	pub const MaxPending: u16 = 32;
+	pub const ProxyHoldReason: RuntimeHoldReason = RuntimeHoldReason::Proxy(pallet_proxy::HoldReason::Proxy);
+	pub const AnnouncementHoldReason: RuntimeHoldReason = RuntimeHoldReason::Proxy(pallet_proxy::HoldReason::Announcement);
 }
 
 impl pallet_proxy::Config for Runtime {
 	type RuntimeEvent = RuntimeEvent;
 	type RuntimeCall = RuntimeCall;
-	type Currency = Balances;
 	type ProxyType = ProxyType;
-	type ProxyDepositBase = ProxyDepositBase;
-	type ProxyDepositFactor = ProxyDepositFactor;
 	type MaxProxies = MaxProxies;
 	type WeightInfo = weights::pallet_proxy::WeightInfo<Runtime>;
 	type MaxPending = MaxPending;
 	type CallHasher = BlakeTwo256;
-	type AnnouncementDepositBase = AnnouncementDepositBase;
-	type AnnouncementDepositFactor = AnnouncementDepositFactor;
+	type ProxyConsideration = HoldConsideration<
+		AccountId,
+		Balances,
+		ProxyHoldReason,
+		ZeroFootprintOr<
+			LinearStoragePrice<ProxyDepositBase, ProxyDepositPerByte, Balance>,
+			Balance,
+		>,
+	>;
+	type AnnouncementConsideration = HoldConsideration<
+		AccountId,
+		Balances,
+		ProxyHoldReason,
+		ZeroFootprintOr<
+			LinearStoragePrice<AnnouncementDepositBase, AnnouncementDepositPerByte, Balance>,
+			Balance,
+		>,
+	>;
 }
 
 impl pallet_utility::Config for Runtime {
diff --git a/cumulus/parachains/runtimes/people/people-westend/src/lib.rs b/cumulus/parachains/runtimes/people/people-westend/src/lib.rs
index 07bfba92c933..6c16531588ae 100644
--- a/cumulus/parachains/runtimes/people/people-westend/src/lib.rs
+++ b/cumulus/parachains/runtimes/people/people-westend/src/lib.rs
@@ -34,8 +34,8 @@ use frame_support::{
 	genesis_builder_helper::{build_state, get_preset},
 	parameter_types,
 	traits::{
-		ConstBool, ConstU32, ConstU64, ConstU8, EitherOfDiverse, Everything, InstanceFilter,
-		TransformOrigin,
+		fungible::HoldConsideration, ConstBool, ConstU32, ConstU64, ConstU8, EitherOfDiverse,
+		Everything, InstanceFilter, LinearStoragePrice, TransformOrigin, ZeroFootprintOr,
 	},
 	weights::{ConstantMultiplier, Weight, WeightToFee as _},
 	PalletId,
@@ -493,27 +493,42 @@ parameter_types! {
 	// One storage item; key size 32, value size 8.
 	pub const ProxyDepositBase: Balance = deposit(1, 40);
 	// Additional storage item size of 33 bytes.
-	pub const ProxyDepositFactor: Balance = deposit(0, 33);
+	pub const ProxyDepositPerByte: Balance = deposit(0, 1);
 	pub const MaxProxies: u16 = 32;
 	// One storage item; key size 32, value size 16.
 	pub const AnnouncementDepositBase: Balance = deposit(1, 48);
-	pub const AnnouncementDepositFactor: Balance = deposit(0, 66);
+	pub const AnnouncementDepositPerByte: Balance = deposit(0, 1);
 	pub const MaxPending: u16 = 32;
+	pub const ProxyHoldReason: RuntimeHoldReason = RuntimeHoldReason::Proxy(pallet_proxy::HoldReason::Proxy);
+	pub const AnnouncementHoldReason: RuntimeHoldReason = RuntimeHoldReason::Proxy(pallet_proxy::HoldReason::Announcement);
 }
 
 impl pallet_proxy::Config for Runtime {
 	type RuntimeEvent = RuntimeEvent;
 	type RuntimeCall = RuntimeCall;
-	type Currency = Balances;
 	type ProxyType = ProxyType;
-	type ProxyDepositBase = ProxyDepositBase;
-	type ProxyDepositFactor = ProxyDepositFactor;
 	type MaxProxies = MaxProxies;
 	type WeightInfo = weights::pallet_proxy::WeightInfo<Runtime>;
 	type MaxPending = MaxPending;
 	type CallHasher = BlakeTwo256;
-	type AnnouncementDepositBase = AnnouncementDepositBase;
-	type AnnouncementDepositFactor = AnnouncementDepositFactor;
+	type ProxyConsideration = HoldConsideration<
+		AccountId,
+		Balances,
+		ProxyHoldReason,
+		ZeroFootprintOr<
+			LinearStoragePrice<ProxyDepositBase, ProxyDepositPerByte, Balance>,
+			Balance,
+		>,
+	>;
+	type AnnouncementConsideration = HoldConsideration<
+		AccountId,
+		Balances,
+		ProxyHoldReason,
+		ZeroFootprintOr<
+			LinearStoragePrice<AnnouncementDepositBase, AnnouncementDepositPerByte, Balance>,
+			Balance,
+		>,
+	>;
 }
 
 impl pallet_utility::Config for Runtime {