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shawntabrizi committed Jun 17, 2024
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21 changes: 11 additions & 10 deletions syllabus/7-Polkadot/9-polkadot-ecosystem-economy-slides.md
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Expand Up @@ -33,7 +33,9 @@ Unfortunately this presentation could never be fully exhaustive, but perhaps it

<div class="text-left">

The DOT token can be in one of the following states:
DOT is the native token of the Polkadot Network.

DOT tokens can be in one of the following states:

1. Transferable
2. Frozen (Locked)
Expand Down Expand Up @@ -99,10 +101,9 @@ The most bloat-ful storage on most blockchains are user accounts:
- Polkadot is already designed to scale by sharding data.
- Polkadot only needs to store the merkle root representing large amounts of data.
- The cost to store data on shards are orders of magnitude cheaper.
- We can have decreased storage deposits on these shards:

- ED: 1.0 DOT on Polkadot -> .01 DOT on Asset Hub
- Identity: 20 DOT on Polkadot -> .2 DOT on People Chain
- We can have decreased storage deposits on these shards:
- ED: 1.0 DOT on Polkadot -> .01 DOT on Asset Hub
- Identity: 20 DOT on Polkadot -> .2 DOT on People Chain

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---

## DOT Utility: Blockspace
## DOT Utility: Purchasing Blockspace

Polkadot provides many utilities, but arguably its most important utility is providing flexible, secure, and scalable blockspace.

Expand Down Expand Up @@ -388,12 +389,12 @@ For instance, a referendum proposed in this track needs to amass 48.2% support (

## Governance Token Mechanics

- DOT tokens are locked when you vote on a proposal.
- You can reuse your locked tokens across multiple proposals.
- DOT tokens are frozen when you vote on a proposal.
- You can reuse your frozen tokens across multiple proposals.
- Voting for one proposal does not affect your ability to vote on another proposal.
- You can also reuse staked tokens (which are also just locked).
- You can also reuse staked tokens (which are also just frozen).
- You can update your vote while the proposal is ongoing.
- If you used conviction voting, your tokens might be locked for long periods of time passed the end of a proposal.
- If you used conviction voting, your tokens might be frozen for long periods of time passed the end of a proposal.

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