State of Stake vol. 58

Paradigm

Published in

Paradigm

16 min readNov 11, 2021

Paradigm’s biweekly update on Proof-of-Stake ecosystem, 28th October — 11th November

TL;DR

Ethereum Arrow Glacier upgrade on December 8th
Polkadot’s first parachain has been added
The Cosmos Vega upgrade is here
The Filecoin Virtual Machine (FVM) has been introduced
The first global offline conference organized by the Solana Foundation — Breakpoint 2021
The Avalanche Foundation has launched Blizzard, a $200M+ fund dedicated to accelerating development, growth, and innovation across the Avalanche ecosystem
There are now over 2 million ADA wallets
Watr launches ESG-oriented blockchain for commodities, partners with Algorand
Motoko, the Internet Computer’s native language, turns two
Polygon reached a new milestone with 1 billion transactions on the PoS chain
Built on Tezos — Music NFT platform, OneOf, announce an exclusive Grammy Awards Partnership with The Recording Academy
Bluzelle launches mainnet decentralized storage for NFT content
The winners of the Filebase & Akash Hackathon have been announced
The Graph’s hosted service is integrating Solana
The Injective Canonical Chain mainnet is live
IRISNet introduced the Terse Inter-Blockchain Communication protocol (TIBC) designed and built by Bianjie on the conceptual basis of the IBC protocol
NEAR Protocol’s first conference has been a major success
Chainlink Price Feeds are now live on the Terra testnet
The Kava 9 mainnet upgrade is coming
ICON 2.0 is here
And much more!

Top 10 Crypto Assets by Staked Value

Proof-of-Stake Networks’ Updates

Ethereum 2.0

Ethereum 2.0 is up and running smoothly! With more than 250,000 active validators and thousands more queued up and waiting to join the network, the Ethereum 2.0

Finalized №31: In this update, Danny Ryan details the recent Beacon Chain reorg attacks, the mitigations for those attacks and more.
What’s New in Eth2–5 November 2021: Your regular cadence of eth2 updates from Ben on Altair, Kintsugi, vulnerabilities, MEV, and more.
Ethereum Arrow Glacier Upgrade: Arrow Glacier is the 3rd network upgrade planned for the proof of work chain of the Ethereum Network in 2021. It is scheduled to go live on December 8th.
The State of Staking in October 2021 | ConsenSys: The update on the rapid developments happening on the Beacon Chain and TBFKAE2 (The Blockchain Formerly Known As Eth 2).
Kintsugi Merge Testnet Announced: Throughout November, all of the EL and CL clients will be brought up to spec, initial interop exercises will be performed, and a series of weekly testnets will be built. All of this will culminate in the launch of a persistent devnet at the end of November to observe (and break!) through the holidays.
EF ESP Q2 Allocation Update: In Q2 the EF Ecosystem Support Program awarded a total of $7.8m to Ethereum builders.
Introducing EVM Equivalence: In this post, the Optimism team explains why they believe that EVM Equivalence — complete alignment with the Ethereum Virtual Machine specification — will become the next universal standard across the L2 space.
Beware bad ETH staking providers
A thread on Beacon Chain client diversity
How reorgs work in PoS Ethereum
Ethereum-powered ZK-Rollups: World Beaters — Canti
Ultra Scalable Ethereum — David Hoffman via Bankless
The State of Ethereum | Q3 2021 — Ben Giove via Bankless
Ultra Scalable Ethereum: Modular vs Monolithic Blockchains — Bankless
Ethereum statelessness roadmap
Latest ‘Week in Ethereum’:

Check out our recently-published ‘Defi in Ether’ — biweekly update on Ethereum DeFi ecosystem vol.41 full of news from the ecosystem: $113B in DeFi, Aave v3 detailed, Dharma and Idex Coop teamed up, xDAI/Gnosis merge, London Hard Fork to be activated on xDai on Nov 11, Bancor V3 Phase I is on the horizon, Uniswap brand update, DeversiFi updates, and much more!

Polkadot

The first Polkadot parachain slot auctions, proposed to begin on November 11th, 2021
Kusama Batch 2 Auctions Report
The Polkadot codebase is officially 4 years old
Latest Polkadot Digest:

Feel free to read our latest biweekly report on the Polkadot ecosystem vol.23: Parachain auction on Polkadot will start on November 11, The Polkadot brand update, Picasso has officially won the 12 slot on Kusama, Kusama batch 2 auctions report, Zenlink is now live, Phala launches Fat Contract, EQD is Equilibrium’s USD-pegged stablecoin introduced, Etherscan integrates with Moonbeam, Akropolis introduces Vortex, RAZE mainnet later this month, and more!

Avalanche

Avalanche Foundation Launches Fund Worth Over $200M Dedicated to Supporting Ecosystem Development, Innovation: Blizzard Fund investors include the Avalanche Foundation, Ava Labs, Polychain Capital, and Three Arrows Capital.
SnowTrace: Bringing Etherscan to the Avalanche Community
Crabada brings Play-To-Earn Idle Game to Avalanche
Nexo Enhances Multi-chain Offering with Avalanche (AVAX) Listing
Oh! Finance Expands to Avalanche
Last week in AVAX: November 8, 2021

Algorand

What’s New on Algorand? Decipher is Coming, Dept Launches Platform for Creating an NFT Marketplace on Algorand & More
Silvio Micali Shares Remarks from his Participation at CONSOB’s G20 Event
Tokodot, a simplified asset creation platform, is the latest recipient of an Algorand Foundation Grant: Having launched the Algorand Foundation Grant Program last year, we have received many submissions from developers and innovators globally who have been eager to participate and grow the Algorand ecosystem. After thorough review and selection, we are delighted to announce that Tokodot is the latest Grant recipient.
Algomint will make Bitcoin Carbon Negative partnering with Algorand Foundation and Nettle: Algomint have announced their commitment and intention to ensure that every Bitcoin coming to Algorand through the Algomint bridging platform will be net carbon negative. This will be facilitated through a partnership with the Algorand Foundation and Nettle, an ecosystem of Dapps for doing good built on Algorand, who are providing assistance to many global entities for similar carbon negative initiatives. To achieve this Algomint will use Nettle to neutralise the carbon emissions created by the Bitcoin minting process with minted GoBTC assets, allowing them to then enjoy carbon neutrality which is native to the Algorand network.
Algorand Foundation Awards Large Scale Grant to AID:TECH — To Develop Digital Identity Protocol and Launch a New Integrated Wallet in Partnership with Womens World Banking: The Algorand Foundation and AID:Tech have partnered for the creation of an Algorand native, digital identity protocol together with a digital wallet, designed to promote financial inclusion.
Algorand Foundation partners with Plandail to provide a complete ecosystem for ESG impact entrepreneurs: Having launched the Algorand Foundation Grant Program last year, we have received many submissions from developers and innovators globally who have been eager to participate and grow the Algorand ecosystem.
New Algorand Relay Node Running Pilot now Live: The Algorand Foundation is excited to announce that the pilot Relay Node Running program is now live. This pilot is the first step on the path to bring Relay Nodes to the same level of full decentralisation as the Algorand blockchain’s consensus participation nodes.

Cardano

Empowering a new generation of innovators in Ghana: Cardano’s education mission continues with a new Haskell course for an initial cohort of 80 student developers in Ghana to create blockchain solutions
Mithril: a stronger and lighter blockchain for better efficiency: A new IOHK-developed protocol acts as a stake-based threshold signature scheme allowing for transparent, secure, and lightweight stake leveraging
Buffalo Soldiers March To The Heart Of The Blockchain

Cosmos Network

The Vega update is here. Full details of the Vega upgrade can be found here, but essentially, the upgrade includes various versioning updates to ensure the security of the core components that the Cosmos Hub relies on, like Cosmos SDK, Tendermint Core, and IBC. The updates will also serve to avoid consensus errors, and improve efficiency through features like fee and voting delegation. The Vega upgrade is essential to enhance the performance of the Cosmos Hub and ensure that future upgrades occur seamlessly.
Cosmos is at the LA Blockchain Summit
Registrations for HackAtom VI Are Now Open
Asia Digital Bank Adopts Cosmos Tech to Build New Generation of Digital Banking System: The strategic partnership with leading blockchain tech company Bianjie further expands Cosmos’ footprint into the enterprise blockchain space.
Introducing Cosmos Signal — The All-New Quarterly Keynote
Cosmoverse is here:

Find the latest governance proposals here.

Check out our latest biweekly update on Cosmos ecosystem vol. 58 covering the following topics: Registrations for HackAtom VI are now open, Cosmos Signal introduced, Terra now enables IBC, BitSong is now IBC-enabled, Injective IBC Bridge launches, TIBC introduced, Matt Damon and water.org partner with Crypto.com, Quentin Tarantino is breaking into NFTs, thanks to Secret Network, IRITA partners with Asia Digital Bank, e-Money & Regen Network collaborate, BSC Chapel testnet’s hardfork upgrade on Nov 5, The Kava 9 mainnet upgrade is coming, and more!

DFINITY

Tezos

Laurence Fuller’s Outlook Towards NFTs on Tezos
Month at a Glance — October: A breakdown of the latest happenings and significant milestones taking place within the Tezos ecosystem for the month of October.
TezTalks Radio: Mike Shinoda — NFT artist on Tezos | Linkin Park
On-Chain Governance on Tezos: Simply Explained
The latest issue of ‘The Baking Sheet’: Built on Tezos — Music NFT platform, OneOf, announces an exclusive Grammy Awards Partnership with The Recording Academy.

The Baking Sheet - Issue #72

Welcome to this week's issue of the Baking Sheet! Let's dive into the latest announcements that happened this past week

bakingsheet.tezoscommons.org

Synthetix

Lyra Fee Rebate: The newly formed Synthetix Treasury Council will assist LYRA with fee rebates in order to make pricing competitive, and to signal support to ecosystem partners that bring direct benefit to SNX stakers.
The Avior Release: The Avior release implements a new upgrade on L2 only. Here’s what’s included in this release: SIP-182 — Wrappr factory: This SIP creates a new WrapperFactory contract that can deploy new Wrapper contracts to support any ERC20 token. The new Wrapper contract behaves like its predecessor (the ETH Wrappr from SIP-112) and will initially include a WETH wrapper, though more Wrapprs will likely be added in the future.

Akash Network

Announcing our Filebase + Akash Hackathon Winners: The winners of the Filebase & Akash Hackathon have been announced
Crypto 101
What is Akash?

Celo

Band Protocol

BCIP-5: Enable IBC Transfer Official Proposal: BandChain Phase 2 Proposal 5 is now live to enable the IBC token transfer feature. BCIP-5 which includes the IBC token transfer feature concluded on Nov 11th, 2021.
NASDEX Partners with Band Protocol to Offer Asian-Equity Synthetic Assets

Bluzelle

Release of the NFT Storage Mainnet and Increased Staking Rewards: The file storage on Bluzelle is no longer in the soft mainnet status, but has been migrated to full mainnet. This is also linked to the support of numerous NFTs, of which some projects are currently being integrated into our file system. These will be announced in the coming weeks in the upcoming Deep Dive Announcements.

Elrond

Internet-Scale dApp Architecture: Make Your Web3 Applications Faster And Scalable With Microservices

Last week in EGLD:

Filecoin

Filecoin News 30: Announcing the Filecoin Virtual Machine! Storage + Computation =: Catch up on the most exciting announcements and developments from Filecoin Orbit, including what the rest of the year holds in store.
Filecoin Launchpad Accelerator II: DeFi: Options markets, synthetic tokens, compliance, and more — an overview of DeFi projects from Launchpad Demo Day #2
Filecoin Orbit 2021 Recap: Celebrating the One Year Anniversary of Mainnet Liftoff: Starting on October 15th and culminating a week later, Filecoin Orbit 2021 was a happy celebration to mark the momentous first anniversary of the Filecoin mainnet launch in October, 2020.

The Graph

Community Update on Core Dev Grants: The Graph’s updates on the core dev grant process.
The Graph Integrates with its First Non-EVM blockchain: NEAR: The new hosted service integration allows developers to build subgraphs on NEAR’s network using The Graph.

Injective

Injective Canonical Chain Mainnet Release: The Injective Canonical Chain Mainnet is live. The Canonical Chain brings unrestricted transfers and trading on the mainnet alongside robust token economics, seamless interoperability, novel products and the most powerful exchange in the world of DeFi.
Injective IBC Bridge Launch: The IBC (Inter-Blockchain Communication) protocol has been enabled on Injective making the IBC Bridge officially live.
Injective October 2021: Injective Pro Launch, Explorer Release, Governance Updates and Much More
Injective Explorer Release
Injective Pro Launch

IRIS Network

Introducing TIBC: The Terse Inter-Blockchain Communication Protocol: TIBC is the Terse Inter-Blockchain Communication protocol designed and built by Bianjie on the conceptual basis of the IBC protocol. TIBC reduced the complexity of cross-chain connections between homogeneous networks and heterogeneous networks to facilitate the extension of cross-chain abilities, and to support cross-chain NFT, cross-chain smart contracts, and cross-chain services.

Introducing TIBC: The Terse Inter-Blockchain Communication Protocol

TIBC is the Terse Inter-Blockchain Communication protocol designed and built by Bianjie on the conceptual basis of the…

medium.com

Asia Digital Bank Adopts Cosmos Tech to Build New Generation of Digital Banking System: The strategic partnership with leading Blockchain tech company Bianjie further expands Cosmos’ footprint into the enterprise blockchain space.
Announcing IRISnet Bug Bounty Program IV: IRISnet (mainnet IRIS Hub) is about to upgrade with the integration of Terse IBC (TIBC) module and refactored NFT. In order to make sure the upgraded network remains stable and robust, IRISnet is launching the Bug Bounty Program IV as part of the mainnet upgrade preparation to timely find and fix potential issues with assistance from skilled developers.
Recap | Use Cases on WenChang Chain, the Cosmos/IRISnet Tech-based BSN OPB
Find the latest IRISNet proposals here.

ICON

ICON’s Expanding Ecosystem: ICON’s ecosystem growth is expected to accelerate with the launch of ICON 2.0 mainnet and ICON’s interoperability solution, BTP.
In a few weeks, IISS 3.1 will be activated on the upgraded mainnet.

IOST

Kava

Kava 9 Is Coming: IBC and More: The Kava 9 mainnet upgrade is coming, and it’s bringing a number of exciting changes aimed at expanding the Kava Ecosystem by adding new ways for users and projects to bring their assets to Kava. Chief among these is the upgrade to version 44 of the Cosmos SDK, which will implement the Inter-Blockchain Communication Protocol (IBC). This will allow holders of all IBC-enabled assets to seamlessly bring their assets to Kava and earn with them on Kava’s best-in-class products. Existing Kava users will also gain access to an array of new in-demand assets to use in the Kava Ecosystem. The targeted launch timeframe for the Kava 9 upgrade is late Q4 2021 to Q1 2022.

Kava 9 Is Coming: IBC and More

Kava’s next mainnet upgrade will connect the Kava Ecosystem to a Cosmos of blockchains with the launch of IBC.

medium.com

mStable:

mStable launches mBTC/tBTCv2 Feeder Pool: This Feeder Pool replaces the current mBTC/tBTC Feeder Pool. MTA rewards migrated and started on Monday 1th November 2021. Liquidity Providers are advised to migrate in order to continue to receive MTA rewards.
The team announces mStable as an out of the box integration on the private beta of SimpleFi. SimpleFi is working to build DeFi’s most powerful analytics tool to track your investments.
Check out mStable’s latest proposals here.

Near Protocol

NEAR Protocol is now live on Token Terminal.

Oasis Network

Cipher ParaTime Live on Mainnet: The all-in-one privacy-enabled ParaTime for the Oasis Network is here.
Oasis Community Coffee Corner — October 2021

Persistence

Community Newsletter #13 — October 2021

Polygon (previously Matic)

Alchemy Data Shows Explosive Growth of Polygon Developer Ecosystem
Dharma just rolled out trading on Polygon.
Polygon reached a new milestone with 1 billion transactions on the PoS chain
The Polygon blockchain was selected to tokenize the entire equity of this $28 billion Malaysian commodities trading firm.
Tidal finance announced a collaboration with Polygon to increase the safety of its ecosystem projects. This will create an incentive program to attract more coverage providers and safeguard the insurance policy.
Polygon X RSS3
Check out the latest Polygon integrations here.

Secret Network

Introducing SCRT Labs — An Evolution of Enigma: Enigma is rebranding into SCRT Labs, strengthening their support of Secret Network and furthering their mission to make native privacy the standard for Web3.
Secret Network Partners with OpenSea to Launch Secret NFTs with a Secret World-Renowned Artist: Secret NFTs represent a new evolution of NFTs with native privacy and access control. The first Secret NFTs auctions in November will feature a secret world-renowned artist.
Quentin Tarantino Revealed as Iconic Artist Behind First-Ever Secret NFTs: 7 unique Secret NFTs contain his original handwritten Pulp Fiction scripts and exclusive audio commentary from Tarantino, only accessible by the owner.
Secret Feature: Stashh, Marketplace for Private NFTs: Stashh is launching on mainnet in November — a full stack platform and marketplace supporting Secret NFTs, the first NFTs with native privacy controls for ownership and metadata.

Solana Network

Meet the winners of Solana IGNITION
Brave announces integration with Solana
Solana Labs CEO: ‘Part of our culture is to eat glass’
Reddit Co-Founder Alexis Ohanian Bets Big On Solana And Web 3.0
Blockchain service provider Nansen to integrate Solana data analytics
Neon Labs, developer of Ethereum virtual machine on Solana, raises $40 million
Solana Ventures, Lightspeed Venture Partners and FTX launch $100M gaming fund
The first global offline conference organized by the Solana Foundation — Breakpoint 2021 — is here:

Breakpoint - Nov 7 - 10, 2021

We selected Lisbon for a variety of reasons. One of those has been Portugal's leadership in responding to the COVID-19…

solana.com

StaFi

StaFi Protocol Monthly-October Community Updates: In October, the team released the new rToken App — rSOL, and the existing features of rToken App are also gradually optimized, like adding the new rToken Mint Type function to support users to select the type of rToken (Native, ERC20, BEP20, SPL) when staking.

Terra

Terra Just Became the Latest Chain to Enable IBC: The interoperable Internet of Blockchains continues to expand as more and more Cosmos-enabled chains activate IBC (Inter-Blockchain Communication). The latest major player to join the Cosmos IBC Gang is Terra, bringing its native LUNA token and popular stablecoin USDTerra (UST) with it — with other innovative protocols in its booming ecosystem to follow. That’s more than $18 billion of digital assets in liquidity joining the interconnected Cosmos network.
Chainlink Price Feeds Now Live on the Terra Testnet, Bringing Premium Market Data to its DeFi Ecosystem
Terra Delegation Program 2021 Disbursement 3: Applications
Disbursement Summary TDP 10.20.210
A new proposal from TFL to shorten the on-chain voting period from 14 days to 7 days and reduce the minimum LUNA voting deposit from 512 LUNA to 50 LUNA is now live on Agora:

xDai

xDai Weekly Newsletter November 5, 2021: London Hard Fork, including EIP-1559, will be activated on the xDai Chain on November 11th.

EIP- 1559: The block number has been set (19,040,000) and the team eagerly anticipate the London HF and EIP-1559 activation on xDai. Upgrade Instructions.
POA Merger: POA token holders can now exchange POA for STAKE on xDai.
Agave continues to gain traction on xDai.
PolyNetwork announced an xDai integration.
Mt Pelerin announced their MPS token on xDai, the first cross-chain security token.

0x project

0x joins the Pyth network: 0x Labs partners with Pyth to provide real-time crypto pricing data from the 0x network. With over $94B in tokenized value exchanged on 0x, the addition of our data significantly improves DeFi market transparency of the Pyth network.
0x API is now available on Fantom