DOT Vision - Post JAM

Hi all,

I would like to start a discussion regarding what is the vision for DOT after the supposed relay chain -> JAM ugrade.

It is imperative to align on the vision and utility of DOT token after the JAM upgrade.

Currently DOT utility is:

• Relay chain security - Validator / Nominators staking.
• Execution fees.
• Payment of core time in parachain model.
• Polkadot network governance power.
• Economic utility (Defi, Payments, etc).

It is imperative that main stakeholders of the polkadot network / JAM (parity, W3F, JAM Implementers DAO) clarify what is the vision for DOT after the upgrade.

We need more utility for DOT and not less so my expectation is that after the upgrade the DOT utility is the following:

• JAM Chain security - Validator / Nominators staking.
• DA storage payments. (Pay in DOT for service data storage).
• GAS payments. (Even if possible to use other coins always convert to DOT).
• Payment of core time in parachain model.
• Polkadot network governance power.
• Economic utility (Defi, Payments, etc).

I understand that it might be tempting to create a new JAM token for the following:

• JAM Chain security - Validator / Nominators staking.
• DA storage payments.
• GAS payments.

However if this is the case basically the DOT token will only be used in the "legacy" parachain model. Even if not considered legacy, this will be the market perception.

My previous statements are about the polkadot network. Anyone will be able to create a JAM chain using any token in the same way anyone can create a substrate chain with any token.

Looking forward to hear your ideas and get clarity on this.