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What is DOT and why is everyone talking about Polkadot?

DOT is the native cryptocurrency of the Polkadot ecosystem, a next-generation blockchain network that aims to solve one of the major challenges in the crypto world: interoperability. While most cryptocurrencies operate in isolation, Polkadot allows different networks to connect and work together securely and at scale.

DOT serves three key functions: governance, staking, and bonding. DOT holders can vote on network decisions, participate in transaction validation to earn rewards, and support new parachains (independent chains that connect to the main network).

Thanks to its unique structure, Polkadot is an attractive platform for developers and DeFi projects looking for flexibility and speed. With a focus on decentralization and innovation, DOT has become one of the most promising cryptocurrencies in the blockchain ecosystem.

Do you think DOT will shape the future of Web3?