Browsing: DOT

Polkadot’s community is considering a proposal for pUSD, a native algorithmic stablecoin backed by DOT tokens, aimed at reducing reliance on external stablecoins and enhancing ecosystem liquidity through decentralized protocols and early strong support.

Polkadot’s DAO has approved a hard cap of 2.1 billion DOT tokens, shifting from an inflationary model to enhance scarcity and reduce inflation, while launching the Polkadot Capital Group to connect with traditional finance institutions, despite a short-term price drop.