🚨 DOT supply → capped at 2.1 Billion 🚨
The Polkadot DAO has signaled support for a hard cap, by passing Referendum 1710 on the “Wish For Change” track, with 81% in favor.
Today ⤵️
→ 1.6 Billion DOT exist
→ 120M DOT/year minted each year
→ No supply cap
What Ref. 1710 outlines ⤵️
→ A 2.1B cap on total supply
→ New DOT issuance steps down every 2 years on Pi Day (March 14)
That means lower emissions, and scarcity ⤵️
→ By 2040, supply would be ~1.91 Billion under Ref 1710's model vs ~3.4 Billion under the current 120M/year model.
Scarcity, predictability, long-term alignment.
Do you think a hard cap makes DOT stronger? 👇
@DnaRynkow Cykl BTC jest w pełni zależny od cykli koniunkturalnych. Wcześniej szczytowały one mniej więcej co cztery lata i wtedy BTC również osiągał swój szczyt. Obecny cykl makroekonomiczny jest jednak opóźniony przez nadpodaż pieniądza w latach 2020/21, więc i BTC osiągnie szczyt później
The more active the players, the more $STAR tokens get burned 🔥
📊 As the first Web3 game ever, @starheroes_game introduces Play-to-Burn! This means:
▫️ Up to 40% of total $STAR supply (!) will be burned over 3 game seasons, depending on player activity
▫️ Up to 10% of total supply burned EACH SEASON
▫️ Up to 1.25% of total supply burned EACH WEEK.
🚨 Over 5x more $STAR will be burned in Season 1 than distributed to players in the Season 1 airdrop - and this is the last StarHeroes airdrop.
→ With Play-to-Burn and the Hero Duty Web App also aggregating tokens, $STAR will become net deflationary 💪
A new company adopts SkeyBox Certificates! 🤝
ZULI, a producer of award-winning meads, has tagged a limited edition of its products with SkeyNetwork certificates based on #NFTs and #blockchain.
SkeyBox Certificates provide:
☑️ Authenticity
☑️ Security
☑️ Transparency
☑️ Eliminate forgery and duplication
This latest deployment highlights our ongoing commitment to real-world applications.
As more companies adopt our blockchain, we’re seeing increased transactions and continued growth! 🚀 #realusecase #implementation
There are many gems in the crypto market, you just need good research to find them. I found $SKEY this weekend and read up on it. This project brings new meaning to what #RWA asset truly means.
@Skeynetwork connects the world of DeFI with that of physical assets with the use of blockchain-based solutions like smart-contracts.
The network will allow users to create new business models around traditional services such as carsharing, or home rental using the network.
The $SKEY token itself is deflationary and over 3.6M tokens have been burnt to date. The coin is up by 130% in the last 10 days alone and the market cap is still under $35M.
Ever wondered when the future of finance would finally be here?
Well, it's already here!
@SkeyNetwork has dropped the first-ever implementation of their tokenized prepaid cards!
What does this mean?
It means @SkeyNetwork has provided a solution at a major financial institution level.
It's a giant leap into the future of finance.
More information on this coming soon!