Polkadot officially launches 2 elastic expansion through the 1721 referendum

According to ChainCatcher, according to Polkadot, the referendum No. 1721 of Polkadot has been passed, marking the official entry of the project into phase 2. This upgrade cancels the auction of parachain slots, initiates elastic expansion, lowers the entry threshold for developers, and plans to be compatible with the EVM environment, improves liquidity, and reduces high pledge income. DOT annual inflation will drop to 3.1% in 2026. Polkadot Hub and related liquidity plans are expected to be launched in 2026.