Polkadot: Gov2 announced, A new staking dashboard was introduced, Substrate Marketplace is here, Darwinia Network got the 21st parachain slot on Polkadot, Tinker Parachain will be onboarded as Kusama’s parachain, Centrifuge Connectors introduced, Acala introduced the IADS, The Chainlink Spring 2022 Hackathon is finished, and more!
Biweekly update on the Polkadot ecosystem vol. 41, 30th June — 14th July
TL;DR
- Polkadot’s Governance v2 will remove Polkadot Council and Technical Committee, and will allow unlimited referenda
- A new Polkadot staking dashboard was introduced. The dashboard is now available for the community to try out in beta, with several improvements planned for future updates
- Polkadot 0.9.25 has been released with medium upgrade priority for both Polkadot and Kusama
- Congratulations to Darwinia Network on winning Polkadot’s 21st parachain auction
- With the Ending Period beginning a few hours ago, both anonymous para ID 2055 and Integritee Shell have been in the lead during the Ending Period.
- At PolkadotDecoded, the Substrate team introduced Substrate Marketplace, a one-stop ‘shop’ for discovering all the open-source Substrate pallets available for builders
- If you have registered for Polkadot Decoded and have not yet claimed your NFT, be sure to do quickly — the deadline to claim is on 18 July
- Tinker Parachain (InvArch Network) has won the most recent parachain slot auction
- With three days left in the current parachain slot auction, both Kintsugi and GM Parachain have been in the lead during the Ending Period
- Referendum 213, proposing to upgrade the Kusama runtime to v9250, is passing by a wide margin
- With three days left to vote, Referendum 214, proposing to upgrade the Quartz network runtime and thus un-brick this parachain, is passing by a wide margin
- Bifrost 2022 June Monthly Report is out. The first batch of Kusama vsBond will expire on August 6. If you participated in the first phase of Bifrost Kusama Crowdloan via SALP, redeem your locked KSM with the same amount of vsKSM and vsBond at 1:1 rate. Bifrost SALP supports Integritee Polkadot crowdloan
- Centrifuge Connectors introduced, a hybrid cross-chain solution to bring Real-World Assets from Centrifuge directly to any supported protocol. AIR/aUSD listing and Liquidity Incentive Program launching on Karura Swap: 48-hour bootstrap provisioning period is live. The Democracy vote to enable Pools functionality on Altair has been executed, with the Centrifuge app soon to follow in the coming weeks
- July Update of the Interlay ecosystem: the past month was full of news. The postmortem on the vulnerabilities found on Kintsugi via Immunefi Bug Bounty Program is now live.
- Moonbeam goes beyond Ethereum compatibility to provide important developer features, such as the Batch Precompile, for a better end-user experience. Moonbeam Orbiters Program has been announced
- Astar Summer round 2 is coming. Astar Safe is coming with the help of ProtoFire
- ChainX Ecosystem Monthly Report #3 is out
- A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem
- EVM compatible Humanode Testnet v3 Ramiel’s 290 validators mark crossed
- Celer cBridge partners with Nervos to enable cross-chain asset transfers for Godwoken
- Acala Ecosystem Update is out. Acala’s DOT Liquid Staking for Polkadot introduces several benefits for DOT holders. Acala has introduced the ‘Interprotocol aUSD Distribution Scheme’ (IADS), enabling Tapio, Taiga, and protocols on any parachain to be liquidity distributors for aUSD across Polkadot and Kusama
- Composable Finance is presenting the top-level highlights in their bi-weekly dev log for Mosaic, Picasso, Apollo, Pablo, and more on the Composable XCVM following its demo at UNCHAINED. Composable Finance will use a new dual-parachain strategy that maximizes the impact of both parachains (Composable and Picasso) to achieve their full potential. Composable Finance launches Composable Research
- Equilibrium has introduced a new liquidity farming model. Equilibrium announces its latest integration with Polygon to bring cross-chain all-in-one DeFi functionality to the Polygon and Ethereum ecosystems
- The Chainlink Spring 2022 Hackathon is finished now. In Q2 2022, Chainlink grew to support 1000+ decentralized oracle networks, powering 1350+ projects across 12+ blockchains & layer 2s.
- Parallel Finance announced that they have opened the next KSM crowdloan. Parallel has distributed cDOT8–15 to everyone who contributed to a project in Polkadot’s crowdloan auction batch 3
- SORA and Polkaswap Bug Bounty Programme is live on Immunefi
- StaFiHub is now accepting validators on the mainnet. rDEX V2 is deployed on the StaFiHub testnet with the bug bounty program
- Zenlink Monthly Updates are out. Using this SDK to submit transactions without the Zenlink DEX frontend can simplify asset trading on dotsama
- Phala had a successful journey at Polkadot Decoded 2022. Phala transfer & governance have opened
- Calamari has been online for almost a year, and their last lease period on Kusama is underway. Recently the Dolphin Testnet underwent an update that caused unexpected downtime, after implementing fixes Manta is happy to say the Testnet is online introducing: 2x faster sync time for account creation and 100x faster incremental sync time.
- Roadmap of Crust Shadow — Kusama parachain is here
- The Dock team has initiated the development work on DID Management functionality completing the default UI and DID creation flow. Along with DID management, they are working on further improving the transaction history and account backup flows
- KILT is moving forward with the new proposal: runtime upgrade to Spiritnet 1.7.0. Please note that SDK versions lower than 0.28 will not be compatible with this runtime, once enacted
- The Ocean Data Bounty has been introduced. Data farming DF3 completed, DF4 started
- Kylin’s Canary Network, Pichiu, has successfully established a Hrmp bi-channel with Acala Network’s Canary Network — Karura Network on the Kusama. The first issue on the development progress by Kylin’s technical team covers onboarding and development on Kusama and more
- Efinity explorer is finally live
- Litentry XCM integration was successfully tested in Moonbeam testnet
- In Wave 14, we saw 36 Web3 Foundation grant recipients that aim to create a better, more decentralized web
- Missed June’s Polkadot Community Call? Check out the recordings to hear the latest updates, referenda, and treasury proposals
- If you missed Polkadot Decoded, you can watch videos of the presentations on the Polkadot youtube channel
- And more!
Latest Polkadot News
- Polkadot’s Governance v2 will remove Polkadot Council and Technical Committee, and will allow unlimited referenda. Read more.
- Introducing the Polkadot Staking Dashboard: A new Polkadot staking dashboard was introduced. The dashboard is now available for the community to try out in beta, with several improvements planned for future updates.
- Polkadot 0.9.25 has been released with MEDIUM upgrade priority for both Polkadot and Kusama.
- Congratulations to Darwinia Network on winning Polkadot’s 21st parachain auction. Darwinia is building a cross-chain messaging infrastructure, which will provide a reliable and programmable cross-chain platform for decentralized applications.
- Tinkernet (the canary network of the InvArch Network) is a winner of 43th Kusama Parachain Auction.
- With the Ending Period beginning a few hours ago, both anonymous para ID 2055 and Integritee Shell have been in the lead during the Ending Period.
- At PolkadotDecoded, the Substrate team introduced Substrate Marketplace, a one-stop ‘shop’ for discovering all the open-source Substrate pallets available for builders.
- If you have registered for Polkadot Decoded and have not yet claimed your NFT, be sure to do quickly — the deadline to claim is 21.50 UTC on 18 Jul.
Slot Auction Progress:
Web3 Foundation
- Missed the talk from Web3 Foundation’s Gehrlein Jonas at PolkadotDecoded 2022? Check out the recording for an overview of the advanced active learning algorithm that provides individual recommendations to nominators on Polkadot.
Kusama
- Tinker Parachain (InvArch Network) has won the most recent parachain slot auction.
- With three days left in the current parachain slot auction, both Kintsugi and GM Parachain have been in the lead during the Ending Period.
- Referendum 213, proposing to upgrade the Kusama runtime to v9250, is passing by a wide margin.
- With three days left to vote, Referendum 214, proposing to upgrade the Quartz network runtime and thus un-brick this parachain, is passing by a wide margin.
Slot Auction Progress:
Awareness and Events
- If you missed Polkadot Decoded, you can watch videos of the presentations here:
- On July 19–21, join #ParisDotComm to hear from some of the leading projects in the Polkadot and Kusama ecosystem, and learn the latest news from the parachain teams.
- The full speaker list for parisDOT.comm (19–21 July) has been released.
- Interested in upgrading your Web3 developer skills? Register for Web3athon, a 3-month virtual event for developers & builders sponsored by Polkadot, and get a chance to win from a prize pool of $800k.
- 6-week virtual hackathon from Polkadot and AngelHack is here:
- Polkadot Community Call (2/2) — June 2022: Missed June’s #PolkadotCommunityCall? Check out the recordings to hear the latest updates, referenda, and treasury proposals:
- The next Polkadot Community Call is happening on July 21st. Set a reminder now not to miss the latest updates from Polkadot & Kusama ecosystem:
- Summary of the Centrifuge Substrate Governance Workshop in Berlin: Notes from Centrifuge’s Substrate Governance Workshop in Berlin on 28 Jun are now available.
- Smart Contracts: Past, Present, Future | Polkadot Decoded 2022
- Videos from Supercolony’s Wasm Conference: Smart Contracts on Polkadot are now available online.
Finance
Polkadot markets (information from Coingecko)
Polkadot Ecosystem Market Cap (information from Dotmarketcap)
Ecosystem Updates
Bridges
Bifrost
Bifrost has developed an EOS network bridge that enables trustless cross-chain asset transfer by implementing on-chain light nodes with Merkle tree verification.
- Bifrost 2022 June Monthly Report is out
- The first batch of Kusama vsBond will expire on August 6. If you participated in the first phase of Bifrost Kusama Crowdloan via SALP, redeem your locked KSM with the same amount of vsKSM and vsBond at 1:1 rate.
- Bifrost SALP Supports Integritee Polkadot Crowdloan
Centrifuge
The ChainBridge allows Centrifuge to move fungible and NFTs between chains, enabling the financing of real-world assets in a variety of DeFi products.
- Centrifuge Connectors introduced, a hybrid cross-chain solution to bring Real-World Assets from Centrifuge directly to any supported protocol.
- AIR/aUSD listing and Liquidity Incentive Program launching on Karura Swap: 48-hour bootstrap provisioning period is live.
- The Democracy vote to enable Pools functionality on Altair has been executed, with the Centrifuge app soon to follow in the coming weeks.
Darwinia
Darwinia is building a permissionless non-custodial bridge protocol featuring efficient, low-cost decentralization of cross-chain tokens and Non-Fungible Token (NFT) transfers, as well as other cross-chain operations.
- Darwinia Wins the 21st Polkadot Parachain Slot
- Darwinia Highlight June| Monthly Recap
- Crab 1230 Runtime Upgrade
Interlay
Interlay is building a trustless bridge from Bitcoin to Polkadot.
- The postmortem on the vulnerabilities found on Kintsugi via Immunefi Bug Bounty Program is now live. Check it out.
- July Update of the Interlay ecosystem: the past month was full of news. Read more.
- Set initial DOT Collateral Ceiling to 150000 DOT
Smart Contracts
CLV (Previously Clover)
- CLV Quarterly Wrap-Up — A Look Into Q2 2022
- Vefi Ecosystem is Joining CLV for Cross-chain Integration
Edgeware
- EDG Community Update: June 27th, 2022: A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem.
- EDG Developer Update: June 26 — July 2, 2022: Keeping you up to date on all things technical related to Edgeware and more.
- EDG DAO Financial Bulletin: Second Fortnight of June: Provides the community a fair idea about the performance of EDG as compared to the market as well as the peers of EDG.
Moonbeam
- Moonbeam goes beyond Ethereum compatibility to provide important developer features, such as the Batch Precompile, for a better end-user experience. Details.
- Harvest Moon is about growing the ecosystem by building the core of Moonbeam’s cross-chain connected smart contract vision & bringing it to life. The result will be new use-cases that redefine what’s possible in web3.
- June was a busy month on Moonriver Network, including multiple new cross-chain integrations, announcing winners for the Moonriver Grant Hackathon & more. Read June’s Moonbeam Monthly Dispatch for a full recap.
- Prime Protocol Announces Cross-Chain Connected Application on Moonbeam
- Moonbeam Orbiters Program has been announced
Scaling
Astar Network (previously Plasm Network)
- Astar Summer round 2 is coming.
- Astar Safe is coming with the help of ProtoFire. Safe users can now create a multisig account to protect their crypto assets.
- DOT Festival was an absolute success, with over $10M DOT TVL. Astar thanks everyone for joining. Currently, they are finalizing the data for ASTR rewards and expect to begin distribution over the next two weeks.
Celer
- Celer cBridge partners with Nervos to enable cross-chain asset transfers for Godwoken: Users are now able to bridge USDT, USDC, ETH, WBTC, and DAI between Ethereum and Nervos Godwoken via the Open Canonical Token Standard.
DeFi
Acala
- Acala Ecosystem Update — June 2022
- Tired of long unbonding periods and illiquid DOT staking? Acala’s DOT Liquid Staking for Polkadot introduces several benefits for DOT holders.
- Gauntlet recommends increasing liquidation ratios for KSM and LKSM vaults on Acala to decrease market risk on the platform. KSM will be increased from 1.35 to 1.4 and LKSM from 1.75 to 1.8.
- Acala has introduced the ‘Interprotocol aUSD Distribution Scheme’ (IADS), enabling Tapio, Taiga, and protocols on any parachain to be liquidity distributors for aUSD across Polkadot and Kusama.
- AIR/aUSD is going live on Karura Swap, with a 1M AIR + 2,000 KAR incentive program. Altair and Karura will seamlessly communicate and transfer tokens cross-chain. Bootstrapping began on July 13.
Composable Finance
- Composable Finance is presenting the top-level highlights in their bi-weekly dev log for Mosaic, Picasso, Apollo, Pablo, and more on the Composable XCVM following its demo at UNCHAINED.
- Through innovative use of its technology stack, Composable Finance will use a new dual-parachain strategy that maximizes the impact of both parachains (Composable and Picasso) to achieve their full potential.
- Composable Finance launches Composable Research. They are launching it to accelerate and improve the process of building, educating, and promoting Web3.
Equilibrium
- Equilibrium has introduced a new liquidity farming model: learn more about the mechanics and reward distribution scheme here.
- Equilibrium announces its latest integration with Polygon to bring cross-chain all-in-one DeFi functionality to the Polygon and Ethereum ecosystems. This is the first interconnection between Polkadot and Polygon.
Parallel Finance
- Parallel Finance announced that they have opened the next KSM crowdloan. More details in this post.
- Contributing to the Parallel Heiko Crowdloan
- Parallel has distributed cDOT8–15 to everyone who contributed to a project in Polkadot’s crowdloan auction batch 3. Expect cDOT8–15 to be listed in Parallel’s AMM and as ‘Free Liquidation Loan’ asset in their Money Market soon.
- Parallel asked their community via On-Chain Vote to decide if HKO should be listed on centralized exchanges. With 99% “Aye” the community said “Yes”, so Parallel will stick to this decision and put it into action.
SORA
- SORA and Polkaswap Bug Bounty Programme is live on Immunefi. Check out this announcement to learn more.
Zenlink
- Zenlink Monthly Updates (May-June 2022) are out.
- Using this SDK to submit transactions without the Zenlink DEX frontend can simplify asset trading on dotsama. See how.
- Zenlink has now switched to single-chain connection & data display mode, along with some updates in UI & UX on Moonbeam/Moonriver and Bifrost. Other significant updates.
- Long-term farming on Bifrost is now live on Zenlink, and users can now earn rewards for a long time by farming LP at once.
Privacy
Phala Network
- Phala Had A Successful Journey At Polkadot Decoded 2022, Spirit NFT My Space Is Online|Phala Weekly Vol. 89
- Phala Crowdloan Rewards Have Been Distributed. Claim Your PHA Now
Manta Network
- Calamari has been online for almost a year, and their last lease period on Kusama is underway. To continue operating after the lease period has expired Calamari’s governance send an XCM message to Kusama with referendum 22. Read more.
- Recently the Dolphin Testnet underwent an update that caused unexpected downtime, after implementing fixes Manta is happy to say the Testnet is online introducing: 2x faster sync time for account creation and 100x faster incremental sync time.
- Mantalorians at Polkadot Decoded
Data
Crust Network
- Roadmap of Crust Shadow — Kusama parachain: Last year, Crust Shadow won the auction for the 19th parachain slot and was awarded the parachain ID 2012. Now the Crust Shadow network runs stably and provides cross-chain storage for the Kusama network. The native token of Crust Shadow $CSM is now live on Moonriver as xcCSM and listed on Karura Swap as CSM/aUSD trading pair. In the future, $CSM will launch on more DEXs and integrate into more Kusama ecosystem projects.
Dock
- Dock is now a member of DIF (Decentralized Identity Foundation).
- Dock Network (DOCK) — The Most Comprehensive Guide (2022)
- Last week at Dock: The Dock team has initiated the development work on DID Management functionality completing the default UI and DID creation flow. Along with DID management, they are working on further improving the transaction history and account backup flows.
KILT Protocol
- KILT is moving forward with the new proposal: runtime upgrade to Spiritnet 1.7.0. Please note that SDK versions lower than 0.28 will not be compatible with this runtime, once enacted.
- KILT: Announcing AssetDIDs. NFT and XCM Use Cases
Ocean Protocol
- Ocean Market Changes: Analysis & Actions resulting from the liquidity draining attack on Ocean data pools.
- Data Farming DF3 Completed, DF4 Started: Stakers can claim DF3 rewards. DF4 counting has begun.
- Introducing the Ocean Data Bounty: Helping data providers to package, price and market their data
Oracle
Chainlink
- The Chainlink Spring 2022 Hackathon is finished now. Check this thread to meet the winners in Polkadot’s category “Parachains and Pallets” and watch the hackathon’s closing ceremony to hear an overview of the projects.
- Sergey Nazarov On How Trust-Minimization Becomes Society’s New Minimum Standard
- Chainlink Launches Keepers Job Scheduler For No-Code Automation Of Time-Based Smart Contract Functions
- June 2022 Recap: Chainlink Publishes Staking Roadmap, Announces Spring Hackathon Winners
- MoonDAO Integrates Chainlink VRF To Randomly Select Blue Origin Space Flight Passenger
- LexisNexis Launches Chainlink Node
- Daily Wrap-Up:
Kylin Network
- Kylin’s Canary Network, Pichiu, has successfully established a Hrmp bi-channel with Acala Network’s Canary Network — Karura Network on the Kusama.
- Monthly Technical Update: June 2022: The first issue on the development progress by Kylin’s technical team covers onboarding and development on Kusama and more.
Other
Enjin
- Efinity explorer is finally live.
Humanode
- EVM compatible Humanode Testnet v3 Ramiel’s 290 validators mark crossed. Ramiel is ready for the public. Apply now!
- Humanode Dev Report 27: The Humanode teams shared some bullet points to shine some light on the exciting advancements that they have been working on.
- Humanode weekend community contest winners announced.
Litentry
- Parachain: Identity Management Pallet development work has commenced, Governance v1.0
- WebApp: XCM integration was successfully tested in Moonbeam testnet
- MCP: Talisman integration
RMRK
- The Dutch Auction of Skybreach Land Sale has already started.
- Neighbourly Love Campaign on Skybreach: buy land, and win gifts (bonus NFT drops) for both yourself and your neighbor.
MISC
Social Media Metrics
Social media activity:
The graph above shows the dynamics of changes in the number of Polkadot Twitter followers and Reddit subscribers. The information is taken from Coingecko.com
Polkadot Social Channels:
Polkadot Digest by Bill Laboon
This is not financial advice.
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