On-chain Governance in Praxis
by Tamara Frankel

There is a new vote amongst Polkadot holders to redenominate units of DOT tokens; the essential unit of DOT, the Planck, will remain the same — 1 Planck always equals 1 Planck and Dots holders will still have the same number of Plancks and share of their stake in the network but the amount of Plancks that make up 1 unit of DOT is what might change. This does not affect the network’s overall value nor will it dilute holders.

So far, the most popular option is to split DOT 100x, as was previously voted on by Kusama holders in…

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