Polkadot is reducing its active validator set from 600 to 320.
@paritytech @Web3foundation @BillLaboon
Does it come with less rewards in total or does each validators then get a greater share?
Would be nice to see the parameters change in order to reduce selling pressure.
$5000 for 4 weeks.
Are Mexicans dumber than others, that they need a school to teach them about Polkadot?
Or are there just friends who'd like to be gifted some money?
Come on, I thought we were past that!
I hope Phase 2 doesn't actually launch.
(How much $ will that be then?)
Meanwhile:
Treasury = paycheck
The sale of DOT for these stablecoins has led to the current price levels.
Please spend sparingly to delay the next sell-off.
UPDATE: Another $840'000 in stablecoins (half USDT, half USDC) have been added to the Polkadot Treasury.
That's 1.89 million USD to the Treasury in the last two weeks. Verify extrinsics below and see quoted tweet for more details.
assethub-polkadot.subscan.io…
assethub-polkadot.subscan.io…
Thank you @GStaking for the honest details.
That should be rewarded with a nomination.🫡
And we should all consider whether Polkadot’s DAP was truly calculated in a balanced way, or whether it came about primarily due to the self-interest of the decision-makers.
Who will bring the next killer app?
Polkadot makes it easy af.
I think people get confused as to what "Asset Conversion" is and mistakenly try to draw comparisons to EVM-Land DEXs.
Asset Conversion is the assetConversion pallet.
It exists in the Polkadot Asset Hub runtime.
You can permissionlessly create pools for token pairs using assetConversion CreatePool.
You can permissionlessly add liquidity using assetConversion addLiquidity.
The things that people call "DEXs" in this case (on Polkadot Asset Hub) are (currently) just front end UIs. They simply tap into these pools.
It doesn't matter if it's KheopsSwap, Nova Wallet, or Hello_Kitty_Swap_420.
So don't ask what DEX the liquidity is on, as any "DEX" can just tap into these pools.
With regard to "where is the swap activity coming from" - you also won't know, unless the particular front end you are using adds some systemRemark or something along with your token swap :)
You probably can make some web app for these swaps in about 10 minutes with your favourite AI btw.
Would it be possible to introduce incentives for compounding staking rewards within Polkadot's staking model?
@Polkadot @paritytech @BillLaboon
OpenGov was a marketing lie from the very beginning.
Polkadot’s ICO made democratic conditions impossible from the start.
I don’t know what change could set that right.
Perhaps Proof of Personhood will provide the cure.
Right now, it is just a company under centralized control.
It's time to wake up ex-@Polkadot voters.
OpenGov is quiet, and in the hands of a limit number of wallets now, but you should consider to undelegate to indiv/entities that stop voting🫷🏻
Those having Discord Bots stopped their infra.
It's time to redelegate on remaining ones...
And now that we have busted these myths, it would be time to take serious steps to reduce the sell pressure from the high incentives for Polkadot validators.
A win-win also for validators.
Let's make $DOT great again.
Myth: Polkadot validators must sell all their rewards to cover infrastructure costs.
Reality: A high-performance cloud setup can cost as little as £55–£110 per month, depending on the region. Servers with more robust customisation live in the higher bracket.
Myth: Running a Polkadot validator is time-consuming and requires constant technical oversight.
Reality: Automated playbooks can streamline deployment, upgrades, and migrations, while the cloud provider manages the underlying infrastructure and uptime.
Myth: Globally dispersing validators always improves resilience and network performance.
Reality: Geographic diversity can support decentralization, but it does not guarantee better performance. Because much of the active validator set is concentrated in Europe, well-connected European regions typically provide the lowest latency and most consistent performance.
polkadot.cloud/validators
$DOT #Polkadot
More accountability would actually be an important step that many would probably welcome.
Why not record the whole thing on-chain?
I would suggest the following:
Pay future salaries exclusively in fixed DOT amounts.
Perhaps that would foster a fundamental rethinking of certain strategies.
polkadot.subsquare.io/refere…
did you stumble across this beautiful proposal yet?
Is this the upgrade that aims to open Paseos Devnet on Polkadot mainnet?
Can't wait...
github.com/polkadot-fellows/…
