With the passing of Pendulum Referendum 69, which deployed runtime upgrade v23, collator rewards are now funded by the treasury, effectively capping supply. An upcoming governance proposal will aim to set the total supply to 150M by burning PEN.
In Polkadot Referendum 1836, the PAPI team is seeking $802K to fund a year of continued development. Contractual agreements and milestone payments would be administered by the Polkadot Community Foundation.
Backed by new API client integrations and US expansion through a partnership with Alfredpay, Vortex, the on- and off-ramp built on Pendulum, crossed the milestone of $10M in monthly transaction volume in January.
Before it even had a chance to dry, Ink!, Polkadot鈥檚 Rust and WebAssembly smart contract toolkit, is sunsetting after struggling to gain backing from Parity and the Web3 Foundation.
