GetChain News
中简 中繁 EN
GetChain News
Toggle sidebar

Polkadot Community Proposes DAO Strategy Mandate: Shifting from TVL to User Acquisition and Launching Collateralized Stable Asset dotStables

Source: x.com Event types: Online/Update
the Polkadot community recently submitted a proposal on the SubSquare platform titled "DOT DAO Strategy Mandate," advocating for a shift in the DAO's strategic focus from ecosystem expansion and total value locked (TVL) growth to end-user acquisition and real-world use cases, and planning to build a user-facing Polkadot Product Platform.Another core component of the proposal is the launch of a permissionless DOT-collateralized stable asset called dotStables, with priority support for dotUSD. The asset adopts a collateralization model similar to Liquity, aiming to ultimately convert stablecoin demand into demand for DOT. In terms of platform design, it will be compatible with existing parachain infrastructure and emphasize a freemium model, mobile-first approach, self-custody, privacy protection, and login-free user experience. Currently, the proposal is still in the governance preparation stage.

Related projects