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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).
