đ Polkadot Eyes Bitcoin Reserve â 500,000 $DOT to Be Converted via tBTC
đą Polkadot is making strategic moves with a bold proposal:
đ Convert 500,000 $DOT into tBTC (an Ethereum-based, BTC-backed token)
đ§ Powered by Hydrationâs ârolling DCAâ mechanism to steadily build reserves over a year
đŻ The goal? Create a Bitcoin reserve to diversify and strengthen Polkadotâs treasury.
đŹ The $DOT community is split â some see innovation, others raise concerns over risk and strategy.
đ One thingâs clear: cross-chain finance is accelerating, and networks like Polkadot are pushing the envelope.
đĄ 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/