Polkadot unveils $770M development fund ahead of parachain auctions By Cointelegraph
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(DOT) founder Gavin Wood has unveiled a $777 million development fund ahead of the network’s parachain lease auctions.
Wood Twitter on Oct. 17 that Polkadot’s treasury has allocated more than 18.9 million DOT (worth roughly $777 million at the time of writing) to a development fund that will be disbursed through community governance.
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