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CryptoVideosAAG #273 - Red 🩸
Crypto

AAG #273 - Red 🩸

•October 23, 2025
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Gavin Wood
Gavin Wood•Oct 23, 2025

Why It Matters

Strong treasury accumulation and repeated referendum rejections signal a more cautious, community-driven funding stance that preserves runway; the Inc. Alliance’s revised, milestone-based ask and governance push for EVM/PVM support will shape developer onboarding and the Hub’s ability to attract Solidity-based projects.

Summary

Polkadot’s on-chain treasury has grown amid a wave of rejected referenda, adding 260,000 DOT (about $770,000) to reach a 25.9 million DOT stack while stablecoin reserves rose—USDT to 6.33M and USDC to 4.09M. Several funding proposals were decisively voted down, including large bounties and integration projects, while a public RPC/relay proposal won unanimous approval. The controversial citizenship app ref (root ref 1770) was cancelled pending a revised submission after community feedback; the Inc. Alliance refiled a pared-back request as a $538,000 USDC medium-spend (no bounty) focused on hub onboarding. Presenters also debated developer data and tooling—highlighting Solidity’s dominance and ink!/Rust’s maturity—as context for choosing EVM/PVM strategies for the Polkadot Hub.

Original Description

Enjoy this video? Check out the below resources to further explore the Polkadot DAO 👇
Social channels đź’¬
Twitter: https://twitter.com/Polkadot
Instagram: https://www.instagram.com/polkadotnetwork/
LinkedIn: https://www.linkedin.com/company/polkadot-network
Discord: https://dot.li/discord
Reddit: https://www.reddit.com/r/polkadot/
Other useful resources:
Get Started on Polkadot: https://polkadot.com/get-started
Explore the Polkadot platform: https://polkadot.com/platform
Learn about the Polkadot DAO: https://polkadot.com/platform/dao
Explore all things technical: https://wiki.polkadot.network/
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