Valkyrie Polkadot Trust (“VDOT”) aims to capture the total return available to investors in polkadot. The trust invests exclusively in polkadot and offers investors what we believe to be a transparent and effective way to access polkadot.
We believe one of the unique features of the Polkadot (“DOT”) network is the Proof-of-Stake consensus mechanism that allows users to stake DOT, the native currency of the Polkadot network, in order to potentially earn a consistent yield (paid in DOT). The Valkyrie Polkadot Trust (“VDOT”) plans to participate in this mechanism by staking the DOT held within VDOT, which aims to earn a 8% yield.
Valkyrie Digital Assets, LLC is waiving its fees on VDOT until 2023!