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Polkadot Treasury allocated 3.5 million USD to incentivize DOT and vDOT to establish Liquidity in multiple Blockchains
In the latest TechFlow news, on March 18th, the Polkadot Treasury Proposal 1439 initiated by Bifrost and Hyperbridge has passed yesterday. The proposal aims to allocate 3.5 million US dollars (approximately 25 million RMB) to top DEX collaborations in the Ethereum, Arbitrum, Base, and BSC blockchain ecosystems for the establishment of Liquidity for DOT and vDOT (DOT LST). Developers can utilize this Liquidity, Hyperbridge Cross-Chain Interaction, and Bifrost SLPx SDK for free Cross-Chain Interaction combination and application development around DOT/vDOT in the aforementioned blockchain ecosystems, and share profits, to leverage the Cross-Chain Interaction interoperability advantage of Polkadot.