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Polkadot

< 1 min read

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 StakeAPR 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​

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