Table of Contents
What is Polkadot? #
“Polkadot is a protocol that connects blockchains — allowing value and data to be sent across previously incompatible networks (Bitcoin and Ethereum, for example).” #
Cost To Stake | APR Per Node |
$21M+ | 14%+ |
Profile #
- Launched in 2017
- Current Market Cap: $10,827,933,316
- Started as an interconnectivity and interoperability layer between blockchains
- Currently has 297 validator nodes staking (max of 1,000)
- Requires 1,895,900 DOT to stake a node (No max limit to staking)
- Staking produces 14% APR returns on DOT staked
- Natively supports delegated staking
- Destaking/Unbonding: 28 days
- Slashing/Penalties: Variable based on the scope of the malicious activity
- Supports Smart Contracts and NFTs
Node Requirements #
Looking to roll your own node? Here is what’s required. #
- 12 vCPU cores
- 64 GB RAM
- 160 GB+ NVMe SSD
- 10 Mbps Up/Down
5 Year Outlook #
Based on our research at StaaS Fund, here are the long term expectations for this asset. #
- Cost to create/buy/sell NFTs is competitive
- Proven smart contract and NFT platform rapidly growing
- Adoption will increase significantly
- Distinguished in its interconnectivity and interoperability features