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Almost 130 Million Polkadot (DOT) Locked in Parachains as of Q1 2022, Report

Crypto analytics resource Messari published a report on Polkadot’s Q1 performance, outlining the layer-zero protocol’s price action, network usage, latest developments in staking and decentralization, and possibilities ahead.
The paper stated that Polkadot has successfully completed 13 parachain slot auctions, with a total of 127.8 million DOT – worth $2.9 billion (at Q1’s end) and around 11% of the total supply – bonded. In addition, 28 more parachain slot auctions are scheduled through February 2023, making the total number 41.
Although the active and new accounts have decreased in the same period, the growth of parachains confirms the steady progress of the ecosystem.
Decentralized Staking
A day after the protocol approved the first parachain slot auction for Nov. 11 last year, DOT reached ATH at $55.08. However, since then, the asset’s price has been trading downward along with the broader market. The report attributed the drop of active accounts to users locking their

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We współpracy z: https://cryptopotato.com/almost-130-million-polkadot-dot-locked-in-parachains-as-of-q1-2022-report/

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