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Polkadot (DOT) has made another impressive move in its ecosystem with the launch of Stake Dashboard 1.1. This update was troubled by Ross Bulat, Parity Technologies engineer responsible for the development of Polkadot. According to him, the new staking dashboard offers Polkadot Stakers more intuitive reports of what is happening in the ecosystem.
One of the features coming with this update is the ability to see, at a glance, the 14-day activity of validators on the Polkadot network. In addition to the activity level, the validators’ performance in relation to the bettor’s other nominations can also be visualized.
The new engagement control panel also supports thin clients, in addition to allowing asynchronous synchronization. For potential stakeholders looking for who to delegate their assets to, the new dashboard can help see performance based on rankings. This ranking ranks validators within the top 25%, top 50%, and top 75% if they fall within the category.
To present as much accurate information as possible to users, the Polkadot Staking dashboard will display the best-performing validator by default. MetaMask now supports the new ChainSafe powered dashboard. The goal of the new dashboard is to drive greater engagement through transparency and ease of use.
Polkadot Price Outlook
Polkadot nurtures an ecosystem that validates impressive milestones, and this shows with this latest staking dashboard that is now available. At the time of writing, each Polkadot DOT is priced at $4.34, up 3.23% in the last 24 hours. DOT’s performance has been marked by a 61% increase in trading volume, raising the amount traded to $146,692,318.
For the week, Polkadot is among the top gainers in the top 20 cryptocurrency rankings by market capitalization. The asset is up 8% in this period, underscoring the willingness to retest the $5 resistance point in the near term. In addition to its high-profile partnerships, the DOT demand that this joint venture will portend could help catalyze this surge in the near term.
