Polkadot seeks stability with $2M Bitcoin reserve strategy amid DOT downturn

Polkadot seeks stability with $2M Bitcoin reserve strategy amid DOT downturn

A new proposal within the Polkadot ecosystem is pushing for the creation of a Strategic Bitcoin Reserve. According to the proposal, the plan involves converting 500,000 DOT, valued at around $2 million, into Threshold Bitcoin (tBTC), a wrapped version of Bitcoin secured through threshold cryptography, which ensures decentralization and non-custodial management…
Read More

Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *