Polkadot

In a bold move to stabilize its finances, Polkadot [DOT] has introduced a proposal to convert 500,000 DOT tokens into Threshold Bitcoin (tBTC), an ERC-20 token backed by Bitcoin. The year-long conversion would follow a dollar-cost averaging (DCA) approach facilitated by Hydration, a treasury management platform. The strategy aims to hedge Polkadot’s treasury against volatility,…

DOT Eyes Financial Resilience with Gradual $1.9M BTC Reserve via Hydration Protocol Polkadot (DOT) is taking a bold step toward treasury diversification with a new community-backed proposal to integrate Bitcoin into its financial ecosystem. In a strategic move, the proposal suggests converting 501,000 DOT tokens—worth roughly $1.9 million—into tokenized Bitcoin (tBTC) over the next year….