The Polkadot team introduced its staking dashboard via Twitter on Tuesday. The dashboard allows users to access all major staking functions on Polkadot through an easy-to-navigate interface. Users can also research, favorite, and nominate validators, see their payout history, adjust their bond amount and more, all in just a few clicks. Polkadot added that the app brings a much-needed boost to Polkadot's user experience (especially for less-technical users) and also encourages more participation with native staking, removing the need to use third-party apps and custodial services & thus promoting network security & decentralization.
Polkadot facilitates cross-chain communication and interoperability by connecting multiple blockchains into one unified network. DOT, the native token of Polkadot, is down by 3% so far today and is trading at $6.81 at press time.