Built using the Substrate blockchain framework, Polkadot is forming an ecosystem that both complements existing dApp infrastructure and provides new opportunities recognized by over 400 projects developing smart contracts, oracles, NFTs, DAOs, bridges, privacy, gaming, IoT, DEXs, and other DeFi solutions on the platform.
At the heart of this expanding Polkadot ecosystem is the DOT token, going beyond just payments to facilitate various functions across the network. So what is DOT, and how can it be put to use in this blockchain of blockchains?
What Is DOT?
DOT is the native token of the Polkadot network, the smallest unit of which is known as a Planck.
DOT is also an inflationary token, in contrast to the fixed supply monetary policy of protocols like Bitcoin. This is designed to incentivize the network by dynamically adjusting according to the participation rates of users, with a current supply of approximately 1 billion tokens.
Other than serving ancillary functions as a transferable
Źródło: https://cryptoslate.com/a-deep-dive-into-polkadots-tokenomics/
