Polkadot has officially launched its 2.0 elastic expansion following the successful passage of referendum #1721. This significant upgrade eliminates the need for parachain slot auctions, allowing for flexible scaling and reducing barriers for developers. The upgrade also plans to introduce EVM compatibility, enhance liquidity, and lower high staking returns. Additionally, the annual DOT inflation rate is set to decrease to 3.1% by 2026. The Polkadot Hub and associated liquidity initiatives are anticipated to be operational by 2026.