Polkadot will launch a major economic upgrade on March 12, introducing a supply cap of 2.1 billion DOT, reducing emissions by 53.6%, and implementing a new staking mechanism. The protocol will also shorten the unbonding period for DOT from 28 days to 24-48 hours, significantly accelerating the release of DOT tokens used for adding parachains. Developers say this upgrade is one of the biggest changes since the network's inception. DOT's current trading price is $1.48.

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