On March 18th, COINOTAG reported the approval of Polkadot Treasury Proposal #1439, spearheaded by Bifrost and Hyperbridge. This strategic initiative seeks to allocate **$3.5 million** (approximately **25 million RMB**) to foster **decentralized exchange (DEX)** collaborations across prominent blockchain ecosystems such as **Ethereum**, **Arbitrum**, **Base**, and **BSC**. The primary objective of this funding is to bolster **liquidity provision** for both **DOT** and **vDOT** (DOT LST), enabling developers to harness these resources for enhanced **cross-chain composability** and streamlined **application development**. Through the use of Hyperbridge’s cross-chain capabilities and Bifrost’s **SLPx SDK**, participants can effectively utilize the liquidity to maximize the benefits of Polkadot’s renowned **cross-chain interoperability**, consequently facilitating a more integrated blockchain environment and supporting further innovation in decentralized finance (DeFi).
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