Polkadot 2.0 system reboot: Who can seize this window of opportunity for value reassessment?

Author: Yue Xiaoyu; Source: X, yuexiaoyu111

Polkadot 2.0 has finally launched. However, it seems that no one in the community is paying attention to this.

In this cycle, the Ethereum ecosystem is still struggling, Solana is having a meme coin frenzy, and BNB, backed by the Binance exchange, is generating various hot topics, while Polkadot seems to have been forgotten in the corner of the old era.

Is the Polkadot ecosystem really being ignored?

Polkadot is a microcosm of the public chain war era, reflecting the path the blockchain industry has taken to get where it is today. It's still worthwhile to take a look at what's happening in this ecosystem.

On November 6, 2025, Polkadot 2.0 was officially launched, with significantly improved performance.

Meanwhile, AssetHub completed a $4.5 billion asset migration, marking the largest on-chain operation in Polkadot history. On the other hand, the inflation rate dropped to 7.78% and locked into a downward path, with the 2.1 billion DOT hard cap proposal entering the final vote. This isn't just a resurgence of an old system; it's more like a system reboot. Therefore, Polkadot isn't ignored; it has simply shifted its narrative from traffic to infrastructure. Let's take a closer look at this upgrade: 1. What is Polkadot 2.0? The core of Polkadot 2.0 lies in its three pillars: Asynchronous Backing, Agile Coretime, and Elastic Scaling. This change directly improves the throughput and interoperability of parachains. Performance optimization is the primary objective. Secondly, Polkadot's inflation rate reform further strengthens the scarcity of DOT. As early as February 2025, the inflation rate had been reduced from 10% to 7.78% to enhance investor appeal. The community proposal goes a step further, planning to reduce the inflation rate to 3%-6% by 2026 and introduce a hard cap of 2.1 billion DOT. The AssetHub migration is a recent focus: on November 4th, over 1.6 billion DOT (worth approximately $4.5 billion) migrated from the relay chain to AssetHub, one of Polkadot's most complex upgrades. 2. Which ecosystem applications are most noteworthy after the Polkadot upgrade? First, we can see that the Polkadot upgrade directly stimulated staking demand. Bifrost is a dedicated liquidity staking application chain within the Polkadot ecosystem. Bifrost, as a non-custodial liquidity staking solution, perfectly captures this opportunity, allowing users to enjoy higher net returns without sacrificing liquidity. Users can stake native assets (such as DOT) to receive vTokens (such as vDOT) at a 1:1 ratio. These vTokens automatically carry rewards and can circulate freely within the DeFi ecosystem. The biggest feature of vTokens is that they can be minted on different chains. For example, the ASTR token can be minted on Astar (a parachain) and Soneium. vETH 3.0, launching next month, will support direct minting on the Ethereum mainnet and Layer 2. Platforms like Lido only support minting on the Ethereum mainnet and then cross-chaining to Layer 2. Unlike traditional staking, Bifrost's non-custodial Omni-Chain design retains user control and supports 10+ chains, including heterogeneous integration with Ethereum. Therefore, Bifrost's business has expanded from a single Polkadot/Kusama ecosystem to yield layer infrastructure. 3. Bifrost's Growth Flywheel Bifrost's Tomomics 2.0 is a crucial highlight: On November 1st, the bbbNC (Buy Back BNC) mechanism officially launched, using 100% of protocol profits to buy back BNC tokens, with 90% distributed to bbbNC holders. Simply put, if you lock your BNC for 3 months (minimum 50 vBNC), all the money Bifrost earns → will be used to buy back BNC, and then 90% will be distributed to you. This marks a shift in project tokens from governance voting to profit sharing. With a minimum lock-up period of 50 vBNC (starting at 3 months), the annualized yield is as high as 43%. This becomes a buyback flywheel: Protocol revenue → Automatic BNC buyback → Burning or distribution → Increased BNC scarcity → Attracting more staking. Polkadot's lower inflation further amplifies this mechanism: Increased DOT scarcity drives up staking TVL, which in turn increases Bifrost's fee share, creating a positive feedback loop. The decrease in DOT inflation will actually affect staking yields because the APY will decrease, but it will also bring more opportunities to DeFi, attracting more DOT holders to choose Bifrost for staking, as there are more DeFi scenarios to amplify returns. Compared to restaking protocols like EigenLayer, bbbNC's decentralized dividends are more sustainable. 4. In summary, can the old blockchain ecosystem recover? As long as we keep doing things, there will always be opportunities. After the Polkadot upgrade, new opportunities are emerging; this is a window of opportunity for value reassessment. Currently, among Polkadot's upgrades, Bifrost is the one that can directly capture value. We can continue to pay attention to these blockchain ecosystems.