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The Polkadot community has voted to allocate 3M DOT to enhance DeFi activity in the eco 👀 🔹 2M DOT to @hydration_net, 1M for liquidity mining incentives, 1M for non-custodial liquidity in Omnipool 🔹 1M DOT to @StellaSwap to enhance market depth 👉 https://t.co/TOBYfhzwCn Read the blog to learn more about how this decision provides a new layer of liquidity for the ecosystem and demonstrates the power of community-driven initiatives.

👎 Traditional bridges trust third-party signatures for moving assets, compromising security. 👍 Snowbridge is trustless, relying on first-party Polkadot & Ethereum validators. Everything you need to know about the upcoming Polkadot <> Ethereum bridge w/ @musnit & @itsbirdo_

🗳️ Quick Question: how many times have you voted in Polkadot on-chain governance? Visit @subscan_io and enter your Polkadot wallet address to find out 🔍

Imagine a blockchain ecosystem where decentralization, scalability, and security are no longer limitations... 🔦✨ Spotlight on: Polkadot 2.0 Polkadot 2.0 is designed to enhance the scalability, flexibility, and efficiency of the Polkadot network. Learn how 👇 Polkadot 2.0? What's that? Polkadot's decentralization transcends the protocol and extends to governance and operations, including marketing. The community coined the term Polkadot 2.0. DOT holders recently voted to pass @alice_und_bob's Referenda #747, which defines Polkadot 2.0 as the next runtime upgrade, which includes Agile Coretime, Async Backing, and Elastic Scaling. Each of these features plays a crucial role in advancing Polkadot’s mission to provide a robust platform for decentralized applications. 1. Asynchronous Backing 🔀 Boosts Polkadot’s parachain throughput and efficiency by allowing collators to build blocks on older Relay Chain blocks, creating pipelines of multiple pending blocks. This decoupling improves performance by up to 10x when combined with PoV (Proof-of-Validity) reclaim, and enables parachains to produce blocks every six seconds instead of 12, with 4x bigger blocks. Benefits: ⏩ Higher Transaction Volumes: Supports high-throughput parachains like gaming platforms ⚙️ Optimized Consensus: Enhances efficiency without compromising security 🌐 Greater Flexibility: Parachains can handle more transactions and operations simultaneously 2. Elastic Scaling ⚙️ Allows parachains to scale dynamically based on their needs by using multiple cores per parachain, enabling higher throughput and faster transaction processing. With Agile Coretime integration, parachains can lease additional cores on short notice for varying durations. This approach offers cost-effective scaling, allowing applications to purchasing only the coretime they need. Benefits: 🛠️ Flexible Resource Allocation: Projects can adjust their resource usage based on real-time needs ⚡ Improved Performance: Higher throughput for dapps, especially during peak usage times ✨ Reduces overall costs by avoiding the need to over-purchase coretime 3. Agile Coretime 🔧 Dynamic and flexible resource management by allocating coretime on a rental basis, eliminating the need for long-term slot auctions. Coretime can be purchased on-demand or in bulk up to 28 days in advance, and secondary markets allow for reselling unused coretime. Benefits: 🔓 Lower entry barriers for new projects to build on Polkadot 🌱 Efficient Resource Use: Maximizes blockspace utilization, reducing waste 📈 Adaptable Scaling: Supports both early-stage projects and large-scale enterprises Polkadot 2.0 - Why it matters 💡 👩‍💻 For Developers: Offers a more adaptable and cost-effective environment for building decentralized applications 🏢 For Enterprises: Provides the scalability needed to handle large volumes of transactions and users 🌐 For the Ecosystem: Encourages broader adoption and innovation within the Web3 space Polkadot 2.0 ensures that the network can efficiently support a wide range of applications, from early-stage projects to high-demand platforms, paving the way for the next wave of Web3 adoption and innovation.

Say hello to a new era of DeFi on Polkadot 💦 The Polkadot Community has voted to significantly enhance the DeFi experience in the ecosystem, and will allocate 2M DOT from the treasury to a leading liquidity protocol: @hydration_net Everything you need to know about the Hydration Campaign 👇 Hydration aims to simplify and make DeFi accessible by integrating swaps, lending, and a stablecoin currency within a single, scalable appchain 🔄 OpenGov referendum #560 & #561 allocate the 2M DOT to fuel the Hydration liquidity protocol: 🔹 1M DOT to fund liquidity mining (LM) incentives for users providing liquidity in the Omnipool, Hydration's flagship AMM. 🔹 1M DOT used for liquidity in the Omnipool. The DOT is used in a decentralized and non-custodial manner, with the funds remaining under the control of the Polkadot Protocol and OpenGov. 👌 Ease of Use The campaign supports a variety of assets including DOT, USDC, USDT, iBTC, and over eight other Polkadot ecosystem assets. Don't have any? Use the Cross Chain UI to easily move liquidity from Ethereum onto Hydration with just 1-click 🔀 Plus, single-sided liquidity provisioning allows participants to enter the Omnipool with just one asset ✅ 🦊 Wallet & Gas Flexibility No need for a specific Polkadot wallet... Hydration supports popular wallets like Metamask and Ledger. And gas can be paid in any asset! 👉 Follow @hydration_net to learn more 👈

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