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| Polkadot
| #DOT
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DOT Price: | $4.10 | | Volume: | $0.2 B | All Time High: | $55.07 | | Market Cap: | $6.1 B |
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Circulating Supply: | 1,491,710,102 |
| Exchanges: | 92
| Total Supply: | 1,514,966,174 |
| Markets: | 162
| Max Supply: | — |
| Pairs: | 94
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The price of #DOT today is $4.10 USD.
The lowest DOT price for this period was $0, the highest was $4.10, and the exact current price of one DOT crypto coin is $4.09554.
The all-time high DOT coin price was $55.07.
Use our custom price calculator to see the hypothetical price of DOT with market cap of ETH or other crypto coins. |
The code for Polkadot is #DOT.
Polkadot is 4.2 years old. |
The current market capitalization for Polkadot is $6,109,355,632.
Polkadot is ranked #19 out of all coins, by market cap (and other factors). |
There is a very large daily trading volume on #DOT.
Today's 24-hour trading volume across all exchanges for Polkadot is $163,982,432. |
The circulating supply of DOT is 1,491,710,102 coins, which is 98% of the total coin supply. |
DOT is the native coin for the Polkadot blockchain.
View the full list of Polkadot blockchain tokens. |
DOT is well integrated with many pairings with other cryptocurrencies and is listed on at least 92 crypto exchanges.
View #DOT trading pairs and crypto exchanges that currently support #DOT purchase. |
Staking Update: Q1 2023 The following updates were written by the Staking Team at Parity Technologies. See the full list of regular staking updates here. To learn more about staking and participate, check out the staking page here! — Staking data - — Stake in nomination pools - Over the past three months, the number of members in nomination pools has steadily increased, signaling that the community considers nomination pools a good alternative to direct nominations. — Fast unstake - Polkadot’s fast unstake has been used over 30 times since its release and at the time of publication. — Core development - In this section, you’ll find explanations of the major code contributions to the staking system. — Permissionless reward claim in nomination pools - A major update from the past two months has been the ability for pool members to allow anyone to claim their unclaimed rewards. Moreover, we are proud to see that this feature was not contributed by a core member of the team, but rather by an external contributor! Thanks to Doordaschon! PR#12608 related to this work is merged, and it will go into an upcoming Polkadot release. Stay tuned for more updates about this on the staking dashboard side! — Nomination pool commission is now merged - Commission is now a feature of the nomination pool pallet and will soon be live on the Polkadot runtime ( PR#13128). It is now possible for a nomination pool to have a commissio...
| Let’s Talk Polkadot OpenGov (Part I) The current Polkadot governance model was designed with the ultimate goal of ensuring consensus and automatic enactment of any changes based on community decision. Composed of three collectives that have ensured that necessary legislation is initiated (Council), discussed and enacted successfully or rejected (Democracy module), and executed in a speedy way if urgent (Technical Committee), Polkadot stakeholders have worked in coordination for more than two years discussing and stewarding the network’s direction. Since the very first governance proposals were put up for discussion, the community already began thinking about alternatives and possible new designs to counteract some identified weaknesses in the model. Many community members have already identified the lack of participation as its weakest point. Others felt that the Council was the weakest aspect, arguing that, even if Council were to grow in number, this form of representation had no place in a decentralized on-chain governance system. Many community members, despite being able to delegate voting power and use conviction voting, also noticed a low representation of smaller token holders. Following the recent launch of parachains and the completion of Polkadot’s multistage launch process, in the coming weeks, the community will have the opportunity to vote on a proposal for the first major changes to Polkadot’s governance design, proposed first for deployment...
| Polkadot 2022 Roundup This year, while the industry slid headlong into yet another crypto winter, the Polkadot community was busy building and launching the largest and most diverse ecosystem of layer-1 blockchains in the world, with several core technologies rolled out to propel the ecosystem forward into 2023. With enough happening in the Polkadot ecosystem in 2022 to practically fill a book, it’s no easy task to sum up the past year of activity around the core technology and broader community, but as we move forward into 2023 let’s look back at some of the most important trends and milestones for Polkadot in 2022. — 💥 The birth of Web3’s leading ecosystem - The Polkadot community is no stranger to delivering great technology through difficult years, and 2022 was certainly no exception. In just over 1 year since the launch of parachains in late 2021, Polkadot has become the largest and most diverse ecosystem of purpose-built layer-1 blockchains and apps, and the only one fully secured by a shared, network-wide validator set and benefiting from secure, trustless cross-chain interoperability. To date, 74 parachains have won an auction on Polkadot or Kusama, and are already supporting an ecosystem of well over 300 unstoppable applications according to best estimates. In total, around 550 projects are either launched or under development for Polkadot, a rather impressive start in the network’s first full year with live parachains. ...
| Nomination Pools are Live! Stake natively with just 1 DOT. Stake natively on Polkadot easier than ever and with as little as 1 DOT thanks to this new scalability feature for Polkadot’s staking system. Nomination pools are a new feature for Polkadot’s staking system that allows users to pool their DOT tokens together on-chain to nominate validators and receive rewards, significantly improving the system’s scalability. Now, anyone with as little as 1 DOT can receive rewards for staking natively on Polkadot. Coupled with the recently launched Polkadot Staking Dashboard, the new user-friendly staking app that recently came out of beta, nomination pools lower the barrier to entry for participation in staking directly on the network and simplify the staking process. Now, users with less DOT and those looking for a more passive staking experience can stake directly on the network. Crucially, these updates also reduce the incentive to stake through third-party services and intermediaries. By cutting out the middleman and staking natively (directly on the Relay Chain) DOT holders can help keep Polkadot secure and decentralized while receiving competitive rewards of up to 18%*. Native, protocol-level nomination pools also represent a major innovation in the broader blockchain industry, where stakers with less tokens are often disadvantaged and staking pools typically necessitate relying on intermediary services. — The need for nomination pools - From the beginning, Polkadot’s N...
| First Parachain Successfully Migrates from Kusama to Polkadot On October 3rd, KILT Protocol made history by becoming the first parachain to accomplish a full migration from the Kusama Relay Chain to the Polkadot Relay Chain. Besides marking an important technical milestone, the migration also represents the first instance of a parachain taking the upgrade path from Kusama to Polkadot. This demonstrates an important use case for the ‘canary network’ model pioneered by Polkadot, giving Web3 projects a place to stress-test their technology in a real-world environment and mitigate risk before upgrading to a more stable production network. Polkadot’s technology stack helped make the historic transition from one network to another possible. Kusama has always been a natural starting point for teams building in the Polkadot ecosystem. As Polkadot’s canary network, it provides an experimental proving ground for Web3 innovation. It’s a space for teams to roll out novel features and see how technologies will perform under live network conditions before they’re deployed to the more secure, stable environment of the Polkadot Relay Chain, helping mitigate risk and providing the right conditions for parachains to evolve and mature. Some projects have used Kusama as a network for experimentation on new ideas, where they can move fast and break things. Many teams have also used it as a pre-production environment, running a parachain on each network and using their Kusama parachain to deploy,...
| Polkadot Roadmap Roundup By Rob Habermeier, Polkadot founder As the Polkadot Community comes into the last quarter of 2022, we at Parity Technologies would like to update the community on a number of important development topics we’ve been working on. These bridge a number of categories: parachain scalability, parachain development, relay-chain governance, cross-chain communication, common-good parachains, bridging to other ecosystems, and staking. We’ve been hard at work on delivering the code for these features and upgrades and look forward to having them accepted by the Polkadot community. — Asynchronous Backing - Asynchronous Backing is the first set of major optimizations to Polkadot’s parachain consensus protocol since its launch on Polkadot in December 2021. Scalability is a huge topic in the blockchain ecosystem, and the goal of Parity and the Web3 Foundation as protocol designers is to meet the demand of parachains by providing each parachain with a large increase in block capacity. If Asynchronous Backing is enabled by the network, the block time of 12 seconds for parachains will be shortened to 6 seconds, which will mean lower latency and faster finality for transactions executed on parachains. Furthermore, the parachain blocks themselves will be allocated more time for execution, meaning that they get even more throughput. Asynchronous Backing is a large upgrade spanning the runtime, the networking protocol, and the logic of c...
| Polkadot DevCamp Intake #2 Your path to parachain engineering starts here - Following hot on the heels of the hugely successful first Polkadot DevCamp in May, and to meet demand from new prospective applicants, we are delighted to announce that the second edition of Polkadot DevCamp has been slated for this fall and will take place online. All our educational materials have been updated to take account of a rapidly evolving ecosystem and we start with an opening ceremony on November 1st. — What does Polkadot DevCamp Intake #2 offer? - Our curated online education program brings together Polkadot experts to help developers hit the ground running with the Substrate technology stack. Polkadot DevCamp Intake #2 will provide an initial module on Substrate, Polkadot and how to use Rust within Substrate. We then introduce FRAME and Polkadot’s Runtime Development before providing you with a strong understanding of Substrate tooling, smart contracts and interoperability. — What is the timeline for Polkadot DevCamp Intake #2? - Applications Open: September 26th Applications Close: October 23rd Opening Ceremony: November 1st DevCamp duration: November 7th — 30th Closing Ceremony: December 5th The opening ceremony brings participants together for the course ahead and people have the opportunity to get to know each other even better at a social event two days later. The course itself kicks off on November 7th and certificates will be awarded...
| Sub0, the Polkadot Developer Conference, comes to Lisbon in November Important information - The sub0 conference will run on November 28th and 29th as an in-person event in Lisbon, Its main program includes a range of keynote presentations, breakout sessions, and workshops, with community-organized side events happening on both days., You’re invited! Sub0 is open to all skill levels — ranging from developers already building using Substrate and other parts of Polkadot’s tech stack, to those who are curious and new to the ecosystem., Tickets are free and available soon (sign up for updates below)., The highly anticipated 2022 edition of sub0 is happening soon. This year’s event has increased in scope, bringing together the diverse developer community already building on Substrate, Polkadot’s framework for building custom blockchains, as well as everyone who’s interested in learning about blockchain development in general. Sub0 creates the ideal knowledge-sharing environment for accelerating the evolution of Web3. The program line-up features Polkadot developers from around the community, including from Parity and Polkadot parachain teams. There will be separate content for experienced devs and those new to the ecosystem. Learn about the Polkadot tech stack, Substrate, Web3, blockchain and walk away with a clear understanding of the ecosystem. Or dive into technical topics, build during workshops, see new blockchain SDK tools, and hear about the latest developments on Polkad...
| Nomination Pools are Live on Kusama! With the release of runtime v0.9.22, nomination pools have been added to the Kusama runtime. Adhering to the tradition of the Polkadot ecosystem, Kusama is acting as the canary network here and is receiving this update first before Polkadot. As usual, some degree of chaos is expected. Nomination pools are a scaling solution for Polkadot’s NPoS system, specifically to assist accounts with fewer tokens to stake directly on the relay chain(s) rather than needing to go through a third-party service. In short, pools are a collective nomination scheme. Any account can create a pool, with some initial deposit which is used as the pool’s stake. Members can join the pool and increase the stake of the pool. Each pool is a single nomination from the point of view of the staking system. The pool creator has control over managing the pool, including deciding which validator the pool (and consequently all of the members of the pool) select.Pool Incentive Proposal To incentivize the use of nomination pools on Kusama, there’s an ongoing governance discussion on Polkassembly initiated by @kianenigma to support the creation of tips to reward early participation in nomination pools. The tip, if approved, will transfer some funds to the pool reward account, which will then be claimable by all pool members at that point, pro-rata. This is to create an extra incentive for prospective pool operators to operate a pool, and for members to join ...
| Polkadot Relayers 2022 Great things happen when incredible people work together, and that’s what Polkadot Relayers 2022 is all about. In association with Tribe, Polkadot Relayers 2022 is a program bringing together developers and entrepreneurs to create a conducive and engaging platform for innovative ideas to come to life. Apply Now What can Polkadot Relayers 2022 offer? Through the program, participants willMeet like minded peers passionate about contributing to Web3Connect with mentors, who will guide participants to refine ideas and scale their business modelsParticipate in workshops with industry experts to learn more about Polkadot and trends in Web3Pitch to potential supporters and apply for grant funding to grow their business Who can participate? Polkadot Relayers 2022 is designed for both developers and non-technical entrepreneurs who have an interest in Web3 and are hoping to be a part of the Web3 ecosystem. There are no geographical restrictions for participants. When will the Polkadot Relayers 2022 take place? Applications for the Polkadot Relayers 2022 are open from May 23rd until June 24th. Selected applicants will go through an interview process and will be informed via email when the application has been approved and confirmed. An opening ceremony on August 2nd will then bring participants together for the course ahead. The course itself kicks off on August 2nd and runs until November 11th. Participants will then showcase ...
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