dao
Empowering Decentralization: Polkadot DAO Allocates 3M DOT for DeFi Growth
With an overwhelming majority of voters in favor, the Polkadot community has chosen to allocate 3 million DOT to enhance the ecosystem’s decentralized finance (DeFi) landscape. Made through three separate proposals via Polkadot’s decentralized governance (OpenGov), this decision provides an accessible, deep layer of native liquidity to help the ecosystem flourish. It also demonstrates the power of community-driven initiatives to shape the future of decentralized finance.Hydration (formerly known as HydraDX) focuses on improving DeFi liquidity, while StellaSwap aims to optimize the efficiency of automated market makers (AMMs).
PolkaDAO is live
Since the inception of PolkaDAO we’ve seen an incredible amount of support from teams and individuals signaling their support. Today we’re excited to announce that PolkaDAO is officially live!
Announcing PolkaDAO: Fund Your Project
We believe that community-led projects are the the most beneficial initiatives for an open-source ecosystem. Anyone can create a project in an open-source community, leading to a higher level of creativity and serving as inspiration for others to get involved. PolkaDAO is a user-led platform for the Polkadot community, offering funding for projects and ideas that would otherwise not get built.
