🚨 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? 👇
Institutional investors are once again reducing their stock exposure:
Non-dealer net positioning in S&P 500 futures has fallen to its lowest level in 14 months, per CFTC data.
Since November 2024, asset managers, leveraged funds, and other investors' net positioning is down ~50%.
Additionally, the funding spread measuring institutional demand for long stock exposure through futures, options, and swaps resumed its decline after a brief jump in May.
This comes despite the market’s rapid recovery over the last 2 months.
The gap between retail and institutional sentiment is widening.
1/ Starknet is already the most cost-effective Rollup, and it just got even cheaper.
v0.13.5 is here, featuring the powerful Stateful compression, ensuring that Starknet remains cost-efficient, even as demand for Ethereum blobs increases.
Let’s break it down 🧵
$OM Airdrop Claim is LIVE! 🪂
Claim link in the comments below 👇
It’s not officially announced on @MANTRA_Chain X yet, but it’s confirmed on Discord.
🔹 10% claimable today
🔹 6-month cliff starts now
🔹 After the cliff, vesting for the remaining 90% will begin
I’ll remind you in September when the vesting starts! 😆
What’s your move? HODL or SELL? 👀