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CATEGORY: polkadot treasury


Polkadot team dismisses fears of empty treasury, touts self-sustaining model

Author: Oluwapelumi Adejumo
United States
Jul 03, 2024 01:10

Polkadot team dismisses fears of empty treasury, touts self-sustaining model

Stakeholders within Polkadot’s ecosystem have refuted claims that the network’s Treasury will run dry within two years. Recently, a treasury report raised community concerns by suggesting that the project’s current spending would only sustain operations for two years. However, several stakeholders have dismissed these claims, explaining that Polkadot’s Treasury is continually replenished by the network’s […]

The post Polkadot team dismisses fears of empty treasury, touts self-sustaining model appeared first on CryptoSlate.

Polkadot treasury holds $245M but faces revenue decline and two-year runway

Author: Oluwapelumi Adejumo
United States
Jul 02, 2024 01:10

Polkadot treasury holds $245M but faces revenue decline and two-year runway

The Polkadot Treasury holds assets equivalent to 38 million DOT, worth approximately $245 million. Head Ambassador Tommi Enenkel, popularly known as Alice and Bob, shared a new report providing the latest update on the network’s treasury. This balance equates to about two years of the runway at its current spending rate. The report stated: “At […]

The post Polkadot treasury holds $245M but faces revenue decline and two-year runway appeared first on CryptoSlate.

Polkadot unveils $770M development fund ahead of parachain auctions

Author: Cointelegraph By Brian Quarmby
United States
Oct 19, 2021 08:30

Polkadot unveils $770M development fund ahead of parachain auctions

Polkadot’s Gavin Wood has announced a more than $770 million development fund just weeks before the network’s parachain auctions are set to go live.

Nov 02, 2024 05:50

Polkadot Treasury Reserves at All-Time Low And DOT Bears Arent Helping

Polkadot is among the top blockchains, securing a spot in the top 20. Even though the platform promotes blockchain interoperability, a feature needed in the age of increasing fragmentation, DOT prices have failed to inspire bulls.  This state of affairs on price charts reflects the general trend across the board, especially in leading smart contract [...]

The post Polkadot Treasury Reserves at All-Time Low And DOT Bears Arent Helping appeared first on Crypto Breaking News.

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