๐ฃ๐ผ๐น๐ธ๐ฎ๐ฑ๐ผ๐ ๐ ๐ฎ๐ ๐๐ผ๐น๐ฑ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ถ๐ป ๐ง๐ฟ๐ฒ๐ฎ๐๐๐ฟ๐ ๐๐ผ ๐ฆ๐๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ฒ ๐๐๐ป๐ฑ๐ถ๐ป๐ด & ๐ฅ๐ฒ๐ฑ๐๐ฐ๐ฒ ๐ฅ๐ถ๐๐ธ
๐ฉ Whatโs happening?
โค Polkadot community members want to diversify the DOT treasury by adding Bitcoin.
โค They propose converting 500,000 DOT into tBTC (a decentralized BTC token) over 1 year.
โค The move is part of a broader effort to protect treasury value during market volatility.
๐ฉ Why Bitcoin?
โค BTC is seen as more stable and less volatile than DOT.
โค Holding BTC could help the treasury preserve value and reduce risks during bear markets.
โค If this strategy had been used earlier, the treasury would have made ~$1.5M more, even with DOT falling 60% vs BTC.
๐ฉ How will it work?
โค First, the DOT will be placed in a system where it can earn passive rewards.
โค Then, instead of converting it all at once, the plan is to slowly trade small amounts for Bitcoin (tBTC) over time โ like a savings plan.
โค The Bitcoin will be used to provide liquidity (fuel) for Polkadotโs DeFi systems, so the funds stay active and useful.
๐ฉ Whatโs the goal?
โค Build a resilient, diversified treasury to support long-term growth.
โค Ensure the network has stable funding even during crypto downturns.
โค Align with best practicesโlike how even Ethereum Foundation holds non-ETH assets.
๐ฉ Bigger picture
โค This is about risk management, not speculation.
โค Shows Polkadot is evolving into a more mature and stable ecosystem.
โค It could also send a strong message: Polkadot supports a multi-chain future and trusts Bitcoinโs long-term value.