{"id":31819,"date":"2020-11-16T13:19:59","date_gmt":"2020-11-16T11:19:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31819"},"modified":"2025-08-28T05:35:55","modified_gmt":"2025-08-28T02:35:55","slug":"polkadot-staking-draws-nearly-3-billion-in-dot-tokens","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/polkadot-staking-draws-nearly-3-billion-in-dot-tokens\/","title":{"rendered":"Polkadot staking draws nearly $3 billion in DOT tokens"},"content":{"rendered":"

In the Polkadot blockchain, users staked DOT tokens worth about $2.945 billion. The network led the top-10 Proof-of-Stake projects with 24.6% of the $11.97 billion equivalent of all coins involved in earning passive income, according to The Block<\/a>.<\/p>\n

In second place is the Cardano blockchain (ADA) with $1.79 billion (14.9%), in third Tezos (XTZ) with $1.443 billion (12%). EOS, with $1.425 billion (11.9%), trails Tezos by a small margin.<\/p>\n

\\\"Polkadot<\/p>\n

Source: The Block.<\/p>\n<\/div>\n

Eight Layer-1 networks, along with Band Protocol and Synthetix, which operate on Ethereum, made the top-10.<\/p>\n

Analysts noted that over a 90-day horizon the Polkadot token was the only asset among the largest PoS projects that appreciated in US dollars, Bitcoin, and Ethereum.<\/p>\n

In late October added<\/a> the ability to stake DOT. In April, Coinbase Custody announced such an option for its clients.<\/p>\n

On November 4, the developers launched<\/a> the Ethereum 2.0 deposit contract. The launch condition for the Ethereum 2.0 mainnet is the participation of 16,384 validators, who by December 1 must deposit for staking a total of 524,288 ETH.<\/p>\n

\n

What is Ethereum 2.0?<\/p>\n<\/blockquote>\n