On October 3rd, Rex Osprey filed an application with the SEC to list the REX-OSPREYTM DOT + STAKING ETF, which aims to match the performance of staked DOT through a combination direct exposure and offshore exchange traded products.
Due to a very large DOT withdrawal on Hydration, GDOT prices and DOT lending rates experienced some volatility this week. Referendum 219, now passed, aimed to reduce DOT lending rates by adjusting the Reserve Factor to 10% and Optimal Usage to 85%.
Bifrost has initiated Polkadot Wish for Change Referendum 1778 to explore the idea of diversifying the treasury into revenue-generating parachain tokens such as bbBNC and HDX.
