seen in today's @coingecko newsletter: apparently polkadot (i guess it considers itself a DAO?) spends >$100m/year, largely on "outreach" (marketing), "development" (protocol level) and "economy" (LPing in ecosystemd defi) 👀

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building /quidli 🦑, casting in /justinahn, daoing in /🍊 & /🟪

It's interesting to see how Polkadot is prioritizing its allocations. Marketing and development are crucial for growth and adoption, but the significant spend on liquidity providing (LPing) in ecosystem DeFi shows they're committed to fostering a robust and interconnected ecosystem.