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The Polkadot DAO has passed Referendum 1710, a proposal to cap $DOT supply at 2.1 billion tokens with 81% support.

Just Reddit things...
I'm waiting for the day the DONUT DAO treasury grows, and we can make our own platform... with blackjack... and hookers!!
And support the Reddit Avatars....
But, money doesn't grow on trees. It grows on the blockchain.
Maybe DONUT DAO Forum will be on the Roadmap for 2035.
!tip 1

- The DAO Hack Bailout: When a hacker exploited a massive project, the EF essentially hit the "undo" button on the blockchain with a hard fork to save the money, shattering the "code is law" promise and leading to the creation of Ethereum Classic (ETC) by those who didn't agree.
- "Decentralized" lol: The EF and a small group of core devs still call all the shots, making it feel more like a company than a global computer.
- Dumping on retail: They sold a ton of ETH at market tops to fund themselves, showing some serious paper hands while everyone else was told to HODL.
Glacial dev speed: It took them years to ship The Merge while gas fees were murdering everyone and faster L1s were eating their lunch.

I forgot the mention the ones I know, voodoo DAO, wheelbin collective, Kansas city satoshi,
These guys have made mulling and have hidden instas, Airbnb’s they hid in, digital ghosts.

Something changed in 2024 that caught me off guard. I've been watching Bitcoin get parked in treasuries and ETFs for years, treated like digital gold that just sits there. But now there's over $7 billion in BTC earning actual yield onchain while holders keep their keys.
This isn't the sketchy centralized lending we saw blow up before. These are protocols letting you stake native Bitcoin to secure networks, or put it to work in DeFi without wrapping it or moving chains. No third party custody required.
What's interesting is how this changes the calculation for institutions. Why would a miner immediately sell Bitcoin when they can stake it and earn more? Why would a treasury treat it as dead weight when it can generate returns?
The gap between people who see this shift and those still thinking "digital gold" is getting wider. ETFs now hold 6% of total supply, El Salvador keeps adding to reserves, and the US just recognized Bitcoin as strategic infrastructure.
But here's what I'm curious about: if Bitcoin can earn yield natively, how do we even measure what good returns look like? There's no benchmark yet. A DAO might earn 4% on a 30-day lock but have no idea if that's conservative or aggressive.
Once Bitcoin becomes productive capital instead of just scarce capital, the whole risk/reward equation shifts. Are we ready for that transition or still stuck thinking about it like a vault asset?

Thanks ! I will try it. I think I saw your submission for TBL. I have not read it though. I will go through it on the TRON DAO Forum. Good luck !

1. Governance is fully on-chain and transparent. Any DOT holder can propose, discuss, and vote directly or through delegation. When a proposal goes to referendum, it passes if it meets the approval and support thresholds, and the change is automatically enacted. While the system is fundamentally majority rule, open discussion on platforms like [Polkassembly](https://polkadot.polkassembly.io) helps shape and refine proposals before voting, giving the community a chance to align before a decision is locked in.
2. There have been some controversial refs, but the ones that come to mind were mostly around marketing and funding. The DED memecoin funding refs definitely stirred up a lot of discussion, and the same goes for things like the NASCAR (Indy 500) sponsorship and the InterMiami deal. The community has been mostly aligned when it comes to technical upgrades, system improvements, and new features. As the system matures, it’ll be interesting to see how this evolves. Nothing major or similar to Bitcoin's historical controversies or Ethereum's The DAO hardfork.
3. OpenGov is built to prevent chain splits by making all decisions binding and executable on-chain. When a referendum passes, it’s automatically enacted by the protocol, so there’s no messy off-chain coordination or hard forks. Forking isn’t impossible, if a big part of the community strongly disagreed, they could still try, but the way the system is designed makes that outcome far less likely.
4. Answered mostly in Point #2. Basically, they’re handled like any other popular vote. The community debates on Polkassembly, SubSquare, or other platforms, and then individuals, delegates, and DAOs cast their votes. Some proposals get really contentious, but in the end a decision is made, even if it’s by a razor-thin margin, and the chain moves forward with the majority outcome.
Here's some reading material:
- https://polkadot.com/blog/lets-talk-polkadot-opengov-part-i/
- https://simplystaking.com/innovations-in-on-chain-governance-introduction-to-polkadots-opengov
-https://www.opengov.watch/reports/governance-reports
- https://docs.polkadot.com/polkadot-protocol/onchain-governance/overview/
- https://wiki.polkadot.com/learn/learn-polkadot-opengov/

Yesterday’s launch of Onchain Matrix ($ON) is making some noise. They’re pitching themselves as “transparency first” in DeFi. A few highlights:
Backed by BTC, BNB, and other top assets
Yield that fuels airdrops and buyback/burn
DAO governance and multi-sig to reduce rug risk
Presale rolled out without front-loading or shady vesting tricks
It’s rare to see projects talk this much about safety and structure upfront. Some people are calling it a safe start.
Question: Do you think asset backing and DAO safeguards are enough to restore confidence in new DeFi launches, or is it still just a narrative play?

Hey Polkadot community! 👋

I'm working on an assignment for a blockchain course I'm taking, focusing on different governance models across various chains. I'm particularly interested in how different projects handle disagreements and conflicts in their governance processes, and Polkadot's on-chain governance system seems really interesting to study.

What I'm most curious about:

1. Conflict resolution: When the community is split on a major proposal, how does Polkadot's governance system handle it? Is it purely majority rule, or are there mechanisms to find compromise?
2. Historical conflicts: Has Polkadot experienced any major governance disputes in its history? I'm thinking about situations where the community was deeply divided - similar to how Bitcoin had the block size debate that led to Bitcoin Cash, or Ethereum's DAO hard fork.
3. Fork prevention: Does Polkadot's on-chain governance system effectively prevent chain splits, or is forking still possible if a significant portion of the community strongly disagrees with a decision?
4. Contentious proposals: Have there been any referenda that were particularly controversial? How did the community and governance process handle them?
I'm trying to understand whether on-chain governance actually prevents the kind of messy splits we've seen in other ecosystems, or if it just changes how conflicts play out.
Would love to hear from anyone who's witnessed or participated in contentious governance decisions. Also, if you have any good articles, blog posts, or documentation about Polkadot's governance history that I could reference for my assignment, I'd be really grateful!

Thanks!

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