DOT is now a fixed supply asset

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DotLeap
09-20
Ref 1710 poster by Jay Chrawnna

🐂 top news

  • DOT is now a fixed supply asset following the approval of Ref 1710 to cap supply at 2.1B tokens and cut issuance.

  • Kusama is now a general sponsor of Dark Prague, featuring presentations from Gavin Wood and Bill Laboon (W3F).

  • Bifrost entered DeFiLlama's top 10 LSTs by fees.

  • Web3 Foundation outlined a new strategy focusing on products, DOT, and Hub development following its recent retreat.

  • Houdini Swap added cross-chain support for USDC and USDT on Polkadot with bridging from over 100 chains and optional privacy features.

  • sub0 announced the first phase of speakers for sub0 Buenos Aires featuring 60+ innovators across two stages and multiple ecosystems.

    • sub0 partnered with Argentine universities to send 100 students to sub0 Buenos Aires with travel grants, hackathon access, and a dedicated student lounge.

  • Polkadot Builder Party reached over 300 registrations for its $40,000 prize pool hackathon with submissions opening October 6th.

  • Decentralized Voices Cohort 5 tracking launched on dv.report dashboard.

  • Velocity Labs published a deep dive on its DeFi Builders Program covering the 12-week journey and support structure for building on Polkadot Hub.


⭕️ ecosystem

  • Acurast opened its third lootbox round on September 15th.

  • Hyperbridge launched relayer incentives to reward network operators and provide a pathway from relayer to collator.

    • Hyperbridge published information about its team and wallets to promote decentralization and transparency.

    • Hyperbridge's DeFi Singularity reached $4M TVL in multi-chain DOT liquidity pools and surpassed $10M transaction volume.

    • Hyperbridge's BRIDGE token listed by MEXC with a $65K USDT campaign.

  • Ink! released v6.0.0-alpha.3 with improved smart contract compatibility and storage/system precompile support.

  • Nova Shots distributed a $25K prize pool to 2,049 participants for Blast Premier Open London 2025 predictions, with the top payout at $741 USDC.

  • Nova Wallet released v10.3.5 with multisig wallet improvements, cross-chain transfer support for Asset Hub migration, and fee calculation fixes for Hydration and Interlay swaps.

  • OriginTrail updated DKG to align incentives with published knowledge assets.

  • peaq launched Get Real campaign Season 2 which generated a 7,000%+ surge in active addresses with 99.9K daily users and 976K transactions processed over seven days.

  • Phala announced dstack as a Linux Foundation project.

  • StellaSwap launched stGLMR, Moonbeam's native liquid staking derivative enabling network participation, staking rewards, and DeFi integration.

  • SubWallet released v1.3.55 with Paraspell v4 update, XCM support for DOT and USDT, and RegionX access on Kusama.

  • Turtle added fiat onramps via Meld.


⚙️ technical


🏛️ governance

For more information on Polkadot governance statistics, check out the Polkadot Dune governance dashboard.

🆕 new

  • Ref 1749: Appointing 2 directors to the Polkadot Community Foundation

  • Ref 1750: Funding The Dots to keep producing Polkadot-related content on X and TikTok ($39K)

  • Ref 1751: Funding the expansion of @noble/curves to Polkadot ecosystem through the curations of micro-sr25519 package (~$37.4K)

  • Ref 1752: Funding a Polkadot for New Ventures acceleration program ($108K)

  • Ref 1756: Upgrading the relay chain and system chains to v1.7.1

  • Ref 1757: Funding completion of the integration of BRC721, a protocol that enables bridgeless minting of NFTs directly on the Bitcoin network

  • Ref 1578: Authorizing the curators of Bounty 31

🕓 confirming

  • Ref 1734: Topping up the Events Bounty (500K DOT)

👍🏾 passing

  • Ref 1729: Acquiring USDC & USDT for the Polkadot Treasury (2.64M DOT)

  • Ref 1732: Updating the curators of the Bridge Bounty

  • Ref 1735: Updating ERC-20 asset metadata on AssetHub and registering Frequency token on Ethereum

  • Ref 1740: Reducing the number of pending messages allowed in an HRMP channel

  • Ref 1743: Funding the DeFi Infra & Tooling Bounty (1M DOT)

  • Ref 1745: Retroactively funding development and maintenance of SubWallet from August 2024 - March 2025 (~$796K)

  • Ref 1748: Sponsoring active devs and community members to attend sub0 Symbiosis Conference in Buenos Aires (~$58K)

👎🏾 failing

  • Ref 1724: Retroactively funding the development of a JAM Knowledge Base Search Engine ($25K)

  • Ref 1741: Funding the continuous development and maintenance of Polkawatch (9,998 DOT)

✅ approved

  • Ref 1710: Adjusting DOT inflation to the Hard Pressure & Stepped Supply model

  • Ref 1721: Enabling RFC103 (elastic scaling) on the relay chain runtime

  • Ref 1727: Funding Subscan for Q4 2024 - Q2 2025 ($184.67K)

❌ rejected

  • Ref 1712: Funding 4-months development of DotCodeSchool ($22K)

  • Ref 1715: Funding the hardening of Polkadot to increase its hacking resilience ($495.8K)

  • Ref 1717: Funding the development of Clarys.AI ($130K)

  • Ref 1718: Adjusting DOT inflation to the Medium Pressure & Stepped Supply model

  • Ref 1722: Funding milestone 3 of Subsquare’s development of a Collectives/Fellowship-focused portal ($160.8K)


📺 what to watch and listen to


📖 what to read


Thank you for taking the dot leap!

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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