The eighth biggest blockchain by market cap, Polkadot, has been making headlines in October. One reason was DOT’s strong price rally since 13 October, as previously reported. The rally could also be linked to some exciting developments ahead, such as the upcoming parachain launch and the slot auctions.
Adding to this chain of events, founder Gavin Wood took to Twitter to make an announcement about Polkadot’s treasury.
In his post, Wood claimed that Polkadot’s treasury had more than 18 million DOT [or $806,118,291] at press time. He further explained that the money would be used to build and improve the Polkadot ecosystem, based on what the governance community felt was “valuable.”
<p lang=«en» dir=«ltr» xml:lang=«en»>The @Polkadot treasury Read more on ambcrypto.com