waltrudashape
@waltrudashape
Polkadot's parachain auctions boost DOT's investment value by locking significant DOT (e.g., 127.8M in Q1 2022), reducing circulating supply and potentially driving price appreciation. Auctions foster ecosystem expansion, with 13 parachains by Q1 2022 and 28 more planned by February 2023, accelerating DeFi and Web3 innovation. However, intense competition and two-year lockups may deter smaller projects, slowing inclusivity. Rapid growth enhances network utility but risks volatility if projects underperform.
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