๐ฌDeep Research
DOT-USD ยท catalysts, narrative & risks
What DOT-USD Is
DOT is the native token of Polkadot, a Layer-0 (sharded multichain) protocol built around a central Relay Chain that provides consensus, security, and cross-chain interoperability for application-specific chains called parachains [15], [19], [20], [28]. DOT's core utility is staking (Nominated Proof-of-Stake), on-chain governance (OpenGov), and bonding/purchasing "coretime" (blockspace) in the Polkadot 2.0 model [15], [19], [20].
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