50$ DOT ? yes you can.
Updated
base on fundamentals.
Polkadot and Kusama will be huge this year.
De-fi is launching soon on Kusama ( the test-net with real money of Polkadot)
KaruraNetwork
The DeFi hub of
KusamaNetwork
.
Sister network of
AcalaNetwork
, the DeFi hub of
Polkadot
Test-net on polkawallet works great. auction for para chain starting mid this year. this will be like uniswap and aave with low low fees.
62% of .dot are in staking with 30day lock up.
staking in binance also big.
Teams have a lot of .dot and will use it for the ecosystem
lock-up period Parachain Slots Auction in 1year
Next target 50$ march/april
supply and demand ... bought @ 8$ .... I will take profit on the way but 100 - 150$ in 1/ 1.5 years is very likely and is my price target
DOT will serve three key functions in Polkadot, namely (i) providing governance for the network, (ii) operating the network, and (iii) creating parachains by bonding DOT.
The first function of DOT is to entitle holders to complete governance control over the platform. Included in this governance function is determining the fees of the network, the auction dynamics and schedule for the addition of parachains, and exceptional events such as upgrades and fixes to the Polkadot platform. These functions are not formally granted to DOT holders, but rather the underlying code of Polkadot will enable DOT holders to participate in governance.
The second function of DOT will be to facilitate the consensus mechanism that underpins Polkadot. In order for the platform to function and allow for valid transactions to be carried out across parachains, Polkadot will rely on DOT holders to play active roles. Participants will put their DOT at risk (referred to as “staking” or “bonding”) to perform these functions, which acts as a disincentive for malicious participation in the network. DOT required to participate in the network will vary according to the activity undertaken, the duration DOT is staked for, and the total number of DOT staked.
The third function of DOT will be the ability to add new parachains by tying up DOT (referred to as “bonding”). The DOT will be locked during their bonding period and will be released back to the account that bonded them after the duration of the bond has elapsed and the parachain is removed.
Polkadot and Kusama will be huge this year.
De-fi is launching soon on Kusama ( the test-net with real money of Polkadot)
KaruraNetwork
The DeFi hub of
KusamaNetwork
.
Sister network of
AcalaNetwork
, the DeFi hub of
Polkadot
Test-net on polkawallet works great. auction for para chain starting mid this year. this will be like uniswap and aave with low low fees.
62% of .dot are in staking with 30day lock up.
staking in binance also big.
Teams have a lot of .dot and will use it for the ecosystem
lock-up period Parachain Slots Auction in 1year
Next target 50$ march/april
supply and demand ... bought @ 8$ .... I will take profit on the way but 100 - 150$ in 1/ 1.5 years is very likely and is my price target
DOT will serve three key functions in Polkadot, namely (i) providing governance for the network, (ii) operating the network, and (iii) creating parachains by bonding DOT.
The first function of DOT is to entitle holders to complete governance control over the platform. Included in this governance function is determining the fees of the network, the auction dynamics and schedule for the addition of parachains, and exceptional events such as upgrades and fixes to the Polkadot platform. These functions are not formally granted to DOT holders, but rather the underlying code of Polkadot will enable DOT holders to participate in governance.
The second function of DOT will be to facilitate the consensus mechanism that underpins Polkadot. In order for the platform to function and allow for valid transactions to be carried out across parachains, Polkadot will rely on DOT holders to play active roles. Participants will put their DOT at risk (referred to as “staking” or “bonding”) to perform these functions, which acts as a disincentive for malicious participation in the network. DOT required to participate in the network will vary according to the activity undertaken, the duration DOT is staked for, and the total number of DOT staked.
The third function of DOT will be the ability to add new parachains by tying up DOT (referred to as “bonding”). The DOT will be locked during their bonding period and will be released back to the account that bonded them after the duration of the bond has elapsed and the parachain is removed.
Trade active
Didn't sold any. converted most of my pankakeswap farm token to DOT.Plus adding every week a few DOT.
50$? very soon, no plan to sell.
Staking with binance for 18.5% 90 days lock-up
My biggest bag after BTC
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