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technology6h ago
Key facts: Polkadot to Launch Economic Upgrade; 21Shares Debuts ETF
- Polkadot will launch an economic upgrade on March 12, capping supply at 2.1 billion DOT and cutting emissions by 53.6%.
- 21Shares launched the first spot Polkadot ETF in the U.S., trading as TDOT on Nasdaq.
- The ETF fund was seeded with $11 million and carries a 0.3% management fee.
- The upgrade includes new governance and staking features for Polkadot.
- TradingView News provided the key facts for this development in a brief report.
- Polkadot’s supply cap is set at 2.1 billion DOT after the upgrade.
- The upgrade aims to reduce emissions by more than half.
- The ETF is the first of its kind for Polkadot in the U.S.
- Nasdaq hosts the TDOT ticker for the Polkadot ETF.
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