Ecosystem of Polkadot witnesses massive growth in Q4, 2022, data says Polkadot $DOT
In November 2022, Polkadot finally activated the mechanism of nomination pools, allowing DOT holders to"pool" their tokens and to delegate validation to their preferred network enthusiasts.
This development enhanced the network's scalability and lowered the barriers to entry: the minimum staking amount was reduced from 200 DOT to 1 DOT. In total, by the end of 2022, 3,475 pool members were actively bonding 854,495 DOT.Also, Polkadot's parachain and smart contracts platform Astar Network scored a partnership with Japanese communications giant NTT Docomo in order to facilitate the adoption of Web3 solutions.
Also, as covered by U.Today previously, both Astar Network and KILT Protocol were among the founding members of Polkadot's ethical council.
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