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When will DOT be withdrawn (Can you still get DOT)?

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When will DOT be withdrawn? According to community feedback, DOT will be relea

When will DOT be withdrawn (Can you still get DOT)?

When will DOT be withdrawn? According to community feedback, DOT will be released on the mainnet starting from September 16, 2020. If users want to participate in network activities or stake their tokens DOT to node contracts, they need to first obtain a DOT.

Specifically, starting from 6 am on August 18, 2021 (Beijing time) and for at least 7 days, users need to transfer at least 1 ETH to the validator account or make a transaction at block height 480000. If users do not want to participate in network activities and have not completed the staking operation, they need to lock their tokens for more than 2 months to withdraw funds.

Can you still get DOT tokens?

From this year onwards, the number of dApp applications on the Ethereum network has grown exponentially, with over 200,000 as of the time of writing. Among these numbers, DOT (Distributed Ledger Technology) occupies 80% of the market share (approximately 30% of the total), while EOS and TRX account for only around 4%, 3%, and 2% respectively.

However, despite the recent negative impact on the market, can DOT tokens still be favored by investors? We can refer to the following article to understand it. What is DOT token? According to official information, “Node operators of the blockchain data platform are the network infrastructure service providers built on the Ethereum blockchain.” Unlike other cryptocurrencies, DOT tokens have a “proof of stake” mechanism: when an entity holds certain assets, they receive specific rights rewards or unlock permissions. For example, if a person owns 1 Bitcoin or 0.1 Ether, they will receive 10 EOS and ETH worth $15. However, for most people, “code is law,” meaning they cannot directly use their wallet address for transactions.

Therefore, due to the extremely high development cost of this project, many people believe that it has no practical use case. “Although I don’t know exactly what the use case is, I do believe in its value,” explained a netizen named Thomas Heller. “I hope to see this story and understand why we should pay attention to this issue—I don’t want to think about how to get involved or make any changes myself.” As for whether DOT tokens can still be obtained, this article mainly revolves around four parts, specifically:

(1) Where is the current price of DOT?

(2) Can DOT still be obtained?

1. Can DOT be listed on exchanges?

(3) Where to buy?

4) What is the price of ETH, and is there a bubble?

1. What is the price of ETH?

2. What is the valuation of ETH?

3. How long until ETH is issued now?

4. Does ETH have the ability to support price increases with positive news?

5. Is the deflation rate of ETH around 20% or less?

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