State of Stake vol. 56

Paradigm
Paradigm
Published in
16 min readSep 16, 2021

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Paradigm’s biweekly update on Proof-of-Stake ecosystem, 2nd September — 16th September

TL;DR

  • The second cohort of the Ethereum core dev apprenticeship program
  • Cardano gains smart contract capability following ‘Alonzo’ hard fork
  • Kusama Parachain Auctions: second batch. With one day left to go before the ending period starts, Basilisk is currently in the lead in the current auction
  • The Avalanche Rush program keeps growing. Polychain Capital, Three Arrows Capital Lead $230M Investment in Avalanche Ecosystem.
  • DeFi in Cosmos: Meet 4 cross-chains DEXs
  • Drone Racing League, the world’s premier, professional drone racing property, will leverage Algorand’s blockchain technology to disrupt the sports and gaming world
  • The Internet Computer’s ‘Increased Canister Storage’ roadmap proposal is approved
  • Perpetual Futures powered by Synthetix are launching on Kwenta soon
  • Polygon has started a collaboration with EY, a global professional services and technology firm, on building Ethereum scaling and enterprise solutions
  • Celo’s Optics is here, a new protocol for gas-efficient and trust-minimized interoperability
  • COTI’s growth plan to become a next-gen financial ecosystem has been presented
  • StaFi announces the launch of the rBNB solution, which solves the staking liquidity problem for the Binance Chain community
  • The Band Protocol team is ready to move on to the final step of submitting BandChain Improvement Proposal #3 before the relaunch of BandChain Phase 2
  • The Injective Bridge is now live and offers seamless cross-chain interoperability
  • Homebase, a web application that enables users to create and manage/use DAOs on the Tezos, is live
  • The latest on The Graph network adoption, core development, GIPs, and subgraph migration
  • The 1inch Network partners with BitPay
  • Elrond’s Maiar DeFi Wallet unveiled
  • Filecoin Network capacity surpasses 10 EiB
  • The long-awaited ICON 2.0 migration is nearing completion
  • IOST partners with Play2Earn project Zodium to boost NFTs & blockchain game growth
  • The official guide for preparing and migrating Terra dapps to Columbus-5 is now available in the Github Wiki
  • 0x API is now available on Avalanche
  • Oasis partners with API3 to bring off-chain data to the Oasis Network
  • KAVA stakers earn even more with Kava Swap launch
  • Secret Network Ecosystem Roadmap has been revealed
  • IGNITION, the global Solana hackathon, is here
  • Solana will be the next chain for Orbs integration
  • NEAR’s MetaBUIDL hackathon highlights
  • Akash launched a liquidity mining campaign
  • IRISnet August monthly update is out
  • And more!

Top 10 Crypto Assets by Staked Value

Source: Staking Rewards

Proof-of-Stake Networks’ Updates

Ethereum 2.0

Check out our recently-published ‘Defi in Ether’ — biweekly update on Ethereum DeFi ecosystem vol.37 full of news from the ecosystem: $86B in DeFi, Arbitrum One is now live, MetaMask surpasses 10M MAUs, 0x API is now available on Avalanche, Dharma is live on Polygon, The RenVM Greycore is on testnet, KyberDMM launches on BSC, 1inch partners with BitPay, More details on how MIP7 is being implemented, and more!

Polkadot

  • Latest Polkadot digest

Feel free to read our latest biweekly report on the Polkadot ecosystem vol.18: The second batch of Kusama auctions is well underway, Kilt has been onboarded as Kusama’s seventh parachain and went live, Gavin Wood has written up a primer on XCM, Khala rolled out Para-2 testnet, The Crust mainnet launched, Zenlink partners with the Manta Network, Microsoft Japan announces support in building the Astar & Shiden ecosystem, Humanode testnet soon, and more!

Avalanche

Algorand

Cardano

Cosmos Network

  • Code with Us Series:
  • Find the latest governance proposals here.

DFINITY

Tezos

  • Arthur Breitman AMA 2021–09–14:

Synthetix

  • The Mirfak Release: On September 13th, several new updates will be added to the protocol.
  • Deprecating Low Volume L1 Synths: As part of our rollout on the Optimistic Ξthereum L2, a number of synths will be deprecated on L1 and subject to a re-listing process for L2.
  • V2x Revisited.
  • Perpetual Futures powered by Synthetix are launching on Kwenta soon. They will be running a massive futures trading competition that you won’t want to miss. Sign up here to be one of the first to know when it starts.

Akash Network

Celo

COTI

Band Protocol

Elrond

Filecoin

The Graph

  • Update on The Graph’s Permissionless Network: The latest on network adoption, core development, GIPs, and subgraph migration. The Graph Network has been live for over 9 months. Since then, it welcomed 2x new Core Dev teams, 160+ Indexers, over 2K Curators & nearly 7K Delegators. Read the full update to learn more about the decentralized network’s recent developments.

Injective

  • INJ-ETH Bridge Release: Seamless Cross-Chain Interoperability: The Injective Bridge is now live on the Injective Hub. You can now bridge any ERC20 token to the Injective Chain using the secure cross-chain Injective Bridge.
  • Injective Hub Guide: Ready to stake your INJ? Interested in voting for new Injective governance proposals? The Injective Hub Guide will walk you through all the major details you need to get started.
  • Decentralized Perpetuals Trading is Now Live on the Injective Canary Chain: Perpetuals are now live on the Injective Canary Chain. Users can begin trading decentralized perpetuals with zero gas fees, lightning fast transaction times, and instant finality.
  • Bloomberg Law: Mark Cuban-Backed Crypto Startup Injective Hires Legal Chief
  • Injective Labs Inc., which offers decentralized trading services with support from the world’s largest cryptocurrency exchange, has hired Sullivan & Cromwell associate Brandon Ferrick as its first general counsel.

IRIS Network

ICON

  • ICON Development Roadmap Update — August 2021: The long-awaited ICON 2.0 migration is nearing completion. The block import test run is at 100%. This is a huge milestone for the network and sets the path for the complete migration to take place in relatively short order. After testing and block import completion, the team estimates it will take around two weeks to prepare nodes and exchanges for the hard fork. At that point, ICON 1.0 will be stopped simultaneously at a predefined block height by a network proposal which will then mark the start of the ICON 2.0 era. The exact block height for the transition is currently being discussed.
  • Introducing ICON’s Official Bounty Program, HX57.
  • Sejong testnet has been upgraded:

IOST

Kava

mStable:

  • Metanauts Guide to Coordinape: Rewarding mStable core community.
  • Episode 268: James Simpson, Founder, mStable: In this episode, Tegan Kline interviews James Simpson, the founder of mStable, a stablecoin automated market maker on Ethereum and Polygon. Before founding mStable, James was the first employee at Australian crypto hedge fund Apollo Capital, worked as a management consultant at KPMG, Shanghai, and later as a data analyst at KPMG, Melbourne. James studied foreign policy and economics at the University of Melbourne at Fudan University, Shanghai.
  • Check out mStable’s latest proposals here.
  • Idle Leagues partnership proposal with mStable:

Near Protocol

  • MetaBUIDL Launch Highlights: MetaBUIDL is a global hackathon hosted by NEAR with a $1M prize pool. MetaBUIDL ushers in an era of “zero finance” where distributed computing invisibly powers all of the activities. Check out talks from NEAR co-founder Illia Polosukhin, Atelier Ventures founder Li Jin, Richard Muirhead,Managing partner of Fabric Ventures and more.

Oasis Network

Orbs

Polygon (previously Matic)

Secret Network

Solana

StaFi

Terra

THORChain

xDai

xDai Weekly Recap September 10, 2021:

0x project

1inch

Upcoming Events

Major upcoming events by CryptoDIffer:

MISC

That’s all for today! Your feedback is highly appreciated! Let us know what you think about the format & content.

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