Полный контроль над плечом: Polkadot вводит лимит эмиссии DOT в 2,1 млрд токенов Translation: Full Control Over Supply: Polkadot Introduces a DOT Emission Cap of 2.1 Billion Tokens

The decentralized autonomous organization Polkadot has approved a strict cap on the emission of its project token, limiting it to 2.1 billion DOT.

During the referendum, a proposal titled «Desire for Change» garnered support from 81% of voters.

This proposal aims to alter the existing model of unlimited token issuance, which had allowed for an annual release of 120 million DOT. Currently, there are 1.52 billion coins in circulation.

The new approach will involve reducing inflation every two years on March 14—Pi Day.

According to the previous tokenomics model, the supply of DOT could reach 3.4 billion by 2040. Under the newly approved model, the supply will be around 1.91 billion. Emission is expected to halt completely around the year 2160.

“Scarcity, predictability, long-term positioning,” commented the project team.

In light of the future market cap limitations, DOT’s prices have dropped by roughly 5%. The asset is trading at $4.2, which is more than 92% lower than the historical peak of approximately $55, recorded in November 2021.

The market capitalization of DOT stands at around $6.4 billion.

Since the beginning of the year, the Polkadot token has lost approximately 40% of its value, while competing assets like Solana and Ethereum have shown remarkable growth. The second-largest cryptocurrency even reached a new all-time high in August.

The poor performance of DOT has raised concerns among the community and investors, prompting a number of proposals aimed at strengthening the asset’s position. One suggestion involved purchasing around $2 million worth of «wrapped» Bitcoin (tBTC) with DOT. The created reserve was intended to provide additional revenue and open new opportunities for DeFi on Polkadot.

“The devaluation of DOT has been acknowledged by the community; we should sell tokens and buy BTC. I fully agree with this proposal,” remarked one user.

However, developers deemed the initiative technically unfeasible, as the blockchain platform lacks a direct bridge to the Bitcoin network.

In August, Gavin Wood, the co-founder of Polkadot, returned to the CEO position of the company Parity, which is responsible for Polkadot’s development.

“The architectural foundation is laid, and the market is prepared. The combination of concept and everyday implementation at the CEO level will allow us to accelerate and hasten the next phase of growth,” he stated at that time.

In the same month, the team announced the establishment of the Polkadot Capital Group. This division focuses on traditional capital markets and aims to stimulate institutional demand for DOT.

It is worth noting that among the 92 cryptocurrency ETF applications currently under review by the SEC, there are proposals for products based on the Polkadot token.