๐Ÿš€ Polkadot Eyes Bitcoin Reserve โ€” 500,000 $DOT to Be Converted via tBTC

๐Ÿ“ข Polkadot is making strategic moves with a bold proposal:

๐Ÿ”„ Convert 500,000 $DOT into tBTC (an Ethereum-based, BTC-backed token)

๐Ÿง  Powered by Hydrationโ€™s โ€œrolling DCAโ€ mechanism to steadily build reserves over a year

๐ŸŽฏ The goal? Create a Bitcoin reserve to diversify and strengthen Polkadotโ€™s treasury.

๐Ÿ’ฌ The $DOT community is split โ€” some see innovation, others raise concerns over risk and strategy.

๐ŸŒ One thingโ€™s clear: cross-chain finance is accelerating, and networks like Polkadot are pushing the envelope.

๐Ÿ’ก Could this be a blueprint for other ecosystems?

#Polkadot #Bitcoin #tBTC #Web3 #Crypto

https://coingape.com/polkadot-explores-bitcoin-reserve-plans-converting-500000-dot-tokens/