Polkadot DAO, the Community Governing Body of the Polkadot Ecosystem, Has Received Critical Approval! Details Here

The Polkadot DAO, the community governing body of the Polkadot ecosystem, has approved a proposal to cap the DOT token supply at 2.1 ￰0￱ move would mean lower token production and increased ￰1￱ Caps DOT Supply at 2.1 Billion According to the DAO's announcement, referendum 1710 passed with 81% of the ￰2￱ new model introduces a two-year token inflation schedule, abandoning the current unlimited supply ￰3￱ previous system produced approximately 120 million DOT annually and had no supply ￰4￱ to Polkadot's post, supply will be around 1.91 billion DOT by 2040 under the new ￰5￱ the old model continued, that figure was expected to reach 3.4 billion ￰6￱ to the OpenGov system, which Polkadot DAO launched in 2023, token holders can directly submit suggestions, vote, or delegate their voting ￰7￱ the decision, the price of DOT fell 2.4% to $4.24 in the last 24 hours, but rose 9.8% in the last ￰8￱ token's total market capitalization stands at $6.6 billion. *This is not investment ￰9￱ Reading: Polkadot DAO, the Community Governing Body of the Polkadot Ecosystem, Has Received Critical Approval!

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