Polkadot's new strategy was approved with 97% of the votes, focusing on the product platform and dotUSD

On November 11, the Polkadot community, through its decentralized governance system, supported a new strategy proposed by the Polkadot Community Foundation (PCF) with 97% of the votes. This strategy calls for focusing energy and resources on the upcoming Polkadot product platform, with a core direction of directly acquiring users. The product platform is positioned as an application layer that prioritizes user privacy and data rights, anchored by dotStables, with the first asset being dotUSD, designed to accumulate value for DOT.

According to the content confirmed by DOTDAO authorization, the new strategy focuses on enabling users to directly encounter products on the product platform. Products on the platform should closely resemble the application experiences users are already familiar with, adopting a free, simple username and mobile-first approach, while allowing users to decide the extent of data sharing. PCF plans to provide the first mobile-centric solution through the Polkadot App, which will support private messaging and digital cash payments. dotStables starts with dotUSD, which tracks the US dollar and is supported by DOT; the Polkadot Technical Fellowship will oversee dotUSD and other dotStables, in conjunction with independent audits and risk management.

The new strategy also specifies the allocation of shared funds and resources, advocating a shift from general marketing services to incentive activities directly linked to measurable user engagement, ensuring that spending serves the product growth authorized by DOTDAO. Products on the product platform are designed to attract users, and user activities will create demand for the stable value asset dotStables supported by DOT. According to the authorization, the design of dotStables should ultimately convert this demand into demand for DOT.