The Polkadot split has not yet determined a date, but it may take place around October 2021 at the earliest. The split ratio might be 1:100. The split is intended to lower unit prices, improve liquidity and attract investors. Those holding Polkadot should ensure they store it in a wallet or exchange that supports the split and update their hardware wallet firmware after the split. It is important to be wary of fraud related to splits.
#When will the Polkadot split happen?
The split of Polkadot Coin (DOT) has not yet been determined. Officials have not announced any specific date for the split.
Potential Split Timeline
The Web3 Foundation has previously stated that the Polkadot split will occur “within a few months” after the auction ends. Auction ends June 15, 2021. Therefore, the earliest possible split is around October 2021.
Split ratio
The official has not announced the specific split ratio. However, community members speculate that the ratio could be 1:100, meaning each DOT holder would receive 100 new DOTs.
Impact of the Split
The split is intended to lower the unit price of Polkadot, making it easier to use and trade. It could also improve its liquidity and potentially attract more investors.
How to Prepare for Polkadot Split
If you hold Polkadot, make sure you store them in a wallet or exchange that supports the split. Once the split is complete, your wallet or exchange balance will reflect the split amount.
Other Notes
The above is the detailed content of When will Polkadot split?. For more information, please follow other related articles on the PHP Chinese website!