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/biz/ - Business & Finance

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28820853 No.28820853 [Reply] [Original]

>Total supply: 1 billion DOT
>Circulating supply: 963 million DOT


>Staking (60.61% according stakingrewards.com): 632 million DOT
>Parachain slots (approx 30% of total supply and will be locked for at least 6 months up to 24 months): 300 million DOT
>liquidity pools, polkadot DeFi: unknown amount of DOT

>Effective free float supply: 131 million DOT

Someone correct me if I am wrong, but won't there be a massive supply shock once parachain auctions start and people can offer DOT on liquidity pools for APY???

>> No.28820972

Back your bags son

>> No.28821052

Yes this is what myself and others have been trying to say, buy and stake now

>> No.28821057

>>28820853
now do the same with ksm and you will be in for a surprise

>> No.28821631

>>28821057
I'm holding ksm as well, I don't understand why Polkadot in general isn't popular with biz

>> No.28821675

>>28821631
it wont 10000000x by tomorrow

>> No.28822433

>>28820853
Bought 300 DOT yesterday during the dip... I'm out of money though for investments though. My hodl is gonna be for the longterm. I have 331k VET at .031 and 5150 ALGO. Still have no idea whether I'm gmi, but I still plan to just buy more until I get to 1k DOT in the next few weeks.