Configuring, transacting, and signing with Web3 assets in the Polkadot ecosystem.
Last updated
Configuring, transacting, and signing with Web3 assets in the Polkadot ecosystem.
Last updated
Being the custodian of your Polkadot assets gives you access to various ecosystem platforms for the following activities:
join or launch collectives
participate in governance
crowdfund for projects
stake assets
access auto-compounding and listing services
purchase coretime for dapp deployment
capitalise on prediction markets
activate and maintain IoT subscriptions
generate and amplify metaverse-based brands
issue and trade tokenised assets and collectibles
build and maintain climate solutions via carbon credits
Nevertheless, operating on blockchain by your own means requires you to pay close attention to the underlying rules of the platforms that you use. This is because for each use case (ex: Governance, DeFi, Staking, etc.) there are multiple implementations (ex: forums, pools, rewards, etc.) available to users.
In this section, we look at how to optimise your interactions with various Polkadot network protocols and avoid signing your assets away.