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What project in the Polkadot ecosystem are you researching this weekend❓ 👇
What project in the Polkadot ecosystem are you researching this weekend❓ 👇
#Polkadot
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🤩 Polkadot at Consensus! See you there #Consensus2024
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Is blockchain the key to unlocking a sustainable energy grid? 🔗⚡ Join tomorrow's 𝕏 Space with @IrinaKaragyaur and @DaniyalAjdadi to learn how Energy Web is using open-source technologies to lead the charge to a greener future 🌱 🗓️ Tuesday May 28th, 1:00pm UTC
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🔦✨ Spotlight on: Staking - Part 2 As covered in Part 1, staking involves committing DOT to help secure the network. This post provides a step-by-step guide on how to stake. 🌐 Where to stake DOT? Native Staking on Polkadot Dashboard 🔹 Enter staking with a minimum of 1 DOT 🔹 Allows Nomination Pools and Direct Staking 🔹 Fully trustless and decentralized 🔹 Supported by Ledger. 🔄 Nomination Pools vs. Direct Staking Nomination Pools are a unique feature on Polkadot, providing a minimum native staking entry. 🔹 Pool your DOT with others, allowing the pool operator to select validators on your behalf. Set it and forget it. 🔹 Start staking natively with 1 DOT. 🔹 Open your own pool with a minimum of 500 DOT. 🔹 DOT in pools can’t be used for governance. Direct Staking: 🔹 Stake your DOT directly by selecting validators yourself. 🔹 Staked DOT can be used to participate in Polkadot’s governance 🔹 Requirements: minimum ~558 DOT as of today, can fluctuate over time. 🖥️ Ecosystem Wallets Non-Custodial, Fully Open-Source Ecosystem Wallets You can stake DOT directly from the Polkadot wallets in 2 simple steps. ☑️ Set up the wallet of your choice ☑️ Add DOT and start staking @NovaWalletApp 🔹 Provides both Nomination Pools and Direct Staking 🔹 Seamlessly participate in Polkadot governance 🔹 Mobile app and desktop version: @NovaSpektr. 🔹 Super Simple Staking: simplifies the decision-making process for users by automatically directing them based on the amount staked. If you stake less than the minimum active nomination value (which is currently 558 DOT), the system routes you to Nomination Pools. 🪬 @wearetalisman 🔹 Easy to use Nomination Pool 🔹 Browser extension and web dashboard 🔹 Works with Ledger @subwalletapp 🔹 Browser extension, mobile app, and web dashboard. 🔹 Works with Ledger. 🔹 Allows liquid staking on Acala, Bifrost, and Interlay. Fearless Wallet, PolkaWallet, and PolkaGate also provide staking. 💧Liquid Staking - What is it? Stake your DOT and allow your tokens to still be used elsewhere aka staying liquid. Get derivative tokens representing your percentage share of the DOT staking pool, which you can use in DeFi. Platforms for Liquid Staking: @Bifrost: vDOT @AcalaNetwork: LDOT @StellaSwap: stDOT Remember to always DYOR, do your own research. Secure your assets and then stake DOT for the future of Web3.
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Number one in your hearts and on the track 🫶 @ConorDaly22 has led a total of 19 laps so far! #Indy500 Let's go #24 🏁
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📢 Roll call! Show us where you're supporting #24 @ConorDaly22 from. We’ll start.
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