A direct competitor to Ethereum, Polkadot, has implemented on-chain pooling of staked $DOT and is advocating native staking over centralized third-party systems. This strategy improves the user’s control as well as accessibility and enables the user to stake as few as 1 $DOT. With this new development, the price of Polkadot ($DOT) has seen a significant uptick with a good number of tokens getting staked into the system.
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