Polkadot Treasury Holds Strong at $245M
Polkadot’s treasury holds 38M $DOT, valued at $245M. In H1 2024, it spent 11M $DOT ($87M) on ecosystem investments: $37M on outreach, $23M on network dev, $15M on liquidity, and $5.5M on talent. #Update
polkadot treasury
Debunking: No Water Shortage Within Two Years
Polkadot stakeholders refute claims of Treasury depletion. The Treasury, funded by token inflation and holding <2% of $DOT supply, supports marketing, DeFi, security, and more. Spending is community-governed. Diversification into stablecoins planned. #Update #CryptoNews #Polkadot
Debunking Myths: Water Crisis Predictions Refuted
Polkadot stakeholders assure the Treasury is sustainable and regularly replenished by token inflation, despite recent concerns. The Treasury supports marketing, DeFi, and security initiatives. #Polkadot #CryptoNews