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Ethereum Rival Polkadot (DOT) Launches New Governance System, but Token Price Slumps Amid Bearish Market Trend

Ethereum Rival Polkadot (DOT) Launches New Governance System, but Token Price Slumps Amid Bearish Market Trend

Ethereum (ETH) challenger Polkadot (DOT) is revamping its decision-making system with the introduction of a new decentralized and open governance platform, OpenGov. The launch of OpenGov places full control of the network in the hands of the Polkadot community by allowing holders of native token DOT to propose referenda. “Polkadot OpenGov, the pinnacle of governance […]

The post Ethereum Rival Polkadot (DOT) Launches New Governance System, but Token Price Slumps Amid Bearish Market Trend appeared first on The Daily Hodl.

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