Polkadot has announced an upgrade to its token issuance model, effective March 14. According to Odaily, the update introduces several significant changes, including setting the maximum supply of its native token, DOT, at 2.1 billion. Currently, approximately 80% of the tokens have been issued. Additionally, the issuance rate of DOT will be reduced by about 53% on March 14, with plans for further gradual reductions in the future.
These adjustments were proposed by the community and approved through the OpenGov governance mechanism. The aim is to maintain the network's incentive structure while limiting long-term issuance and providing a more transparent and predictable token issuance path for the market.