Polkadot treasury allocates $3.5 million to incentivize DOT and vDOT liquidity across multiple blockchains

ChainCatcher message, the Polkadot treasury proposal No. 1439 initiated by Bifrost and Hyperbridge was passed yesterday. The proposal aims to allocate $3.5 million (approximately 25 million yuan) for collaboration with top DEXs in the Ethereum, Arbitrum, Base, and BSC blockchain ecosystems to establish liquidity for DOT and vDOT (DOT LST). Developers can utilize this liquidity, Hyperbridge cross-chain, and Bifrost SLPx SDK to freely conduct cross-chain combinations and application development around DOT/vDOT in the above blockchain ecosystems and share profits, leveraging Polkadot's cross-chain interoperability advantages.