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Polkadot Activates DOT Tokenomics Upgrade, Caps Maximum Supply at 2.1 Billion

The March 14 update reduced DOT issuance by about 53% and was approved through OpenGov governance (on-chain community voting system).

DOT

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Terms & Concepts
  • Tokenomics: The economic design of a crypto token, including supply, issuance, and distribution rules.
  • OpenGov: Polkadot’s on-chain governance system that lets the community propose and approve network changes.
  • Issuance rate: The pace at which new tokens are created and added to circulating supply.