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🔥 HOT: Once-famous coin, Polkadot announces supply cap at 2.1 billion $DOT, price $DOT still not looking promising
#Polkadot just implemented a major change to its network's economic mechanism by deciding to cap the total token $DOT supply at a maximum of 2.1 billion. Previously, the system operated under an unlimited issuance model, creating approximately 120 million $DOT annually, causing total supply to increase gradually over time.
Under the new mechanism, #DOT issuance will decrease sharply by approximately 53.6% starting from the first adjustment, then continue decreasing in 2-year cycles, aimed at controlling inflation and increasing token scarcity.
This change was passed through Polkadot's community governance mechanism, with approximately 81% of participants voting in favor. If the old model were maintained, $DOT supply could exceed 3.4 billion tokens by 2040, while the new model is projected to reach only around 1.9 billion tokens at the same time.
This move is seen as an important step to help the Polkadot ecosystem achieve greater long-term stability and create a transparent, predictable issuance mechanism for the market.