PANews reported on March 14th that Polkadot introduced on its X platform that its token issuance mannequin improve formally took impact on March 14th (Pi Day). This protocol replace introduces a number of key changes, together with setting the maximum supply of the native token DOT at 2.1 billion. Presently, approximately 80% of the tokens have already been issued. The issuance rate of DOT will even be reduced by approximately 53% on March 14th, with plans to proceed step by step lowering it in the future. These changes have been reportedly proposed by the neighborhood and authorised via the OpenGov governance mechanism, aiming to restrict the long-term issuance scale whereas sustaining community incentives and offering the market with a extra clear and predictable token issuance path.
