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Activating the Polkadot 2.0 Ecosystem: Expansion, Incentives, and Economic Stability

TheMenTaLisT
7 days ago
Marketing
Polkadot
opengov

Hello! It's an excellent initiative to channel these ideas into a proposal to the Polkadot Treasury. It's one of the network's greatest strengths that the community can actively participate in its development.

I know that the vision of Polkadot 2.0 and Coretime are fundamental technical advancements. However, as an active member of the community, I strongly believe we must do more to ensure the long-term vitality of the ecosystem. My proposal seeks to use Treasury funds to address three key areas that complement these technical improvements: 1) expand our presence to other networks, 2) incentivize holders who, like me, have believed in the project for years, and 3) take concrete steps to control token inflation.

Justification:

The Polkadot community is the backbone of the network. For a long time, many of us have held and staked our DOT, trusting in the vision of interoperability and technological innovation. With Polkadot 2.0 discussions underway, now is the ideal time to demonstrate that the network values not only developers but also its most loyal users. Inflation, if not actively managed, can devalue our efforts, and the lack of efficient bridges isolates us from other ecosystems, limiting our growth.

Proposal Goals:

Connect Polkadot to Other Ecosystems: Propose allocating funds to develop and maintain two-way bridges with high-volume networks like Ethereum, Solana, and the Cosmos ecosystem, so that assets and users can move freely.

Reward Holder Loyalty: I believe a portion of the Treasury should be allocated to an incentive program for those of us who have held DOT for an extended period (e.g., more than a year). This reward could be in the form of Treasury tokens or token airdrops from new projects launched on the network.

Control Token Inflation: Addressing the problem of inflation is crucial. I propose that the Treasury evaluate and, if feasible, implement a token burn mechanism or adjust staking parameters to make effective inflation more sustainable and protect the value of our assets.

Proposal Details:

For Internetwork Expansion:

I would like to see a dedicated fund to finance teams building secure and audited bridges with key blockchains. We could launch a grant program for teams that submit solid interoperability proposals.

For Loyal Holder Incentives:

A snapshot could be taken of wallets that have consistently held DOT. Qualifying users would receive a portion of an incentive pool. This would send a clear message that the network values patience and long-term support.

For Inflation Management:

The Treasury could initiate a discussion on a periodic token burn mechanism. It is also important to analyze the inflation rate to ensure it is fair and does not penalize holders.

Requested Budget:

I propose allocating a total Treasury budget for these three initiatives. This budget must be significant enough to generate real impact, and its use should be transparent to the community.

Success Criteria:

For me, success would be measured if we see an increase in traffic and asset volume between Polkadot and other networks, if long-term holders feel rewarded for their loyalty, and if there is a clear and effective strategy to maintain the economic stability of the DOT token.

This proposal is a solid starting point. If you would like to expand on any of the points or add more details, please let me know.

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