Polkadot asked, have you submitted your proposal for Polkadot Decoded 2021 yet? All eligible proposals received by February 28th, 2021 10pm CET go to community vote. You’ve still got a day to get yours in.

For those who are hearing of this for the first time, the Polkadot conference is for the community, by the community.  By submitting proposals to Polkadot Decoded 2021 users will be able to have their voice heard.

Polkadot is one of the most exciting emerging blockchain ecosystems in the industry, with a number of DeFi projects on the rise.

There is a comparison made of the potential Polkadot parachains and their Ethereum counterparts in terms of stable coins, credit markets, Decentralized Exchanges (AMMs), Oracles, Synthetic Assets, Asset Management, and smart contract execution – just to show they are at par perhaps!

There are several solid projects on Polkadot like Reef, Phala, Acala, and others.  Different DOT projects fit in different use cases for the blockchain.

One of the users commented stating Decentralized Identity: Civic on Ethereum and Litentry on Polkadot. Yet another user pointed to how ChainLink is an oracle for $DOT as well. With several users putting such statements, it just looks like investors from all blockchains will be convinced to buy DOT.

Talking about DeFi, it has been stated that in the midst of many Polkadot DeFi projects, Equilibrium DeFi has been the first to introduce their PLO mechanics, which is worth when acquiring the parachain slot.

With the Polkadot mission becoming a reality, users feel that it will not be required to log in to different blockchains separately anymore.  Borrowing, lending, staking, and trading with various crypto assets are available in one place.

The Rio DeFi project is set to utilize Polkadot technology which users think will take the DeFi space to the next level. A key part of the RioDeFi ecosystem is interoperability, which is made possible to Polkadot’s cross-chain compatibility.

It is very obvious that Polkadot is able to provide for every kind of project that is possible in the blockchain technology.

The concept of ”common goods” has been discussed by political and economic philosophers for centuries. On Polkadot, via public referenda, network stakeholders can decide to register a parachain outside of the auction process.  The common good parachain is a great introduction to governance allocated parachain slots.

Polkadot was designed in a way that it will be possible to optimize the business logic to suit specific use cases to interact with each other in a secure and meaningful way.