🚨 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? 👇
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See table below for cumulative total returns since inception date (based on NAV) for all YieldMax® ETFs, as of 8/31.
Standardized performance @ https://t.co/UOtREOend8
Find prospectus @ https://t.co/UoQY793ucn
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My message to young people, indigenous communities, women leaders, all those leading on #ClimateAction:
I know you might be disappointed. But we're in the fight of our lives & this fight must be won.
Never give up.
Never retreat.
Keep pushing forward.
I am with you.
#COP26