Polkadot Treasury allocates $3.5 million to incentivize DOT and vDOT to build liquidity across multiple blockchains

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Foresight News
3 days ago
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Foresight News reported that the Polkadot Treasury Proposal 1439, jointly initiated by Bifrost and Hyperbridge, was passed yesterday. The proposal aims to allocate $3.5 million (approximately 25 million RMB) for DEX collaborations on the Ethereum, Arbitrum, Base, and BSC blockchain ecosystems, to establish liquidity for DOT and vDOT (DOT LST). Developers can utilize this liquidity, Hyperbridge's cross-chain capabilities, and Bifrost's SLPx SDK to freely combine and develop cross-chain applications around DOT/vDOT across the aforementioned blockchain ecosystems, and share the profits.

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