Polkadot: Integritee Network the 23rd parachain slot on Polkadot, Basilisk will be onboarded as Kusama’s parachain, MEW teamed up with Web3 Foundation and Parity to build Enkrypt, Moonbeam’s cross-chain connected contracts, Astar x Acala DeFi Rising to accelerate DeFi on Polkadot, iBTC minting is now live, Astar partners with Alchemy, cBridge integrates with Klaytn, and more!

Paradigm
Paradigm
Published in
17 min readAug 12, 2022

Biweekly update on the Polkadot ecosystem vol. 43, 28th July — 12th August

TL;DR

  • Congratulations to Integritee Network on winning Polkadot’s 23rd parachain auction. Integritee provides a scalable public blockchain solution for securely processing sensitive business or personal data while giving all parties control and transparency on what their data is used for
  • With only a few hours left in the current parachain lease auction, anonymous para ID 2057 has been in the lead the entire Ending Period
  • With 14 days, Referendum 70, proposing to increase the maximum number of HRMP channels from 10 to 30, is passing by a wide margin
  • Referendum 71, proposing to upgrade the Polkadot runtime to v9260, is currently passing unanimously with one day left to vote
  • Polkadot 0.9.27 has been released with medium upgrade priority
  • The latest Monthly Polkadot Staking Update, detailing how the staking system is being improved on Polkadot and Kusama, has been released
  • MEW teamed up with Web3 Foundation and Parity to build Enkrypt — a web3 browser extension supporting Polkadot and Substrate-based chains. Manage your tokens and NFTs. Access web3 apps across multiple blockchains
  • Basilisk has won the most recent Kusama parachain slot auction
  • Altair won a parachain auction slot on Kusama once again
  • With two days left in the current parachain lease auction, GM Parachain has been in the lead the entire Ending Period
  • KSM locked from the second set of auctions is now available to be unlocked. This is generally done by the relevant parachain teams
  • Referendum 220, proposing to open an HRMP channel between Statemine and Calamari, is passing by a wide margin with slightly less than 3 days left to vote
  • Referendum 221, proposing to upgrade the Encointer common good parachain’s runtime, is currently passing by a wide margin with slightly less than 3 days left to vote
  • Motion 523, proposing to upgrade the Encointer runtime, is under consideration by the Kusama Council
  • The staking rate on Kusama has increased to 50.6%, 0.4% less than the ideal staking rate of 51.0%
  • The Darwinia Universal Cross-Chain Messaging SDK has been introduced. Crab 1232 runtime has been upgraded. Crab Parachain launched cross-chain connection with Bifrost using XCM. Khala XCM integration will bring the Crab ecosystem with the suite of confidential computing services
  • iBTC minting is now live, the first fully trustless and decentralized wrapped Bitcoin bridge on Polkadot. The incentivised iBTC/aUSD bootstrap pool is officially live
  • Say hello to Huckleberry — the first DEX on CLV Chain.
  • Moonbeam’s cross-chain connected contracts represent a monumental shift forward in usability by allowing end users to couple any token with functionality located on any blockchain, all from one application experience. Runtime 1701 Upgrade is now live. Bit Hotel, a social-first play to earn NFT gaming metaverse, has integrated into Moonbeam Network
  • Acala has launched the new ACA Staking Program. Astar x Acala DeFi Rising to accelerate DeFi on Polkadot. Leading Moonbeam-based DEX StellaSwap integrates aUSD, Polkadot’s native over-collateralized stablecoin. Acala Ecosystem Update is out
  • Astar has announced its partnership with Alchemy to accelerate dApp development on Astar Network. Shiden and Moonriver are now connected via XCM integration
  • Zenlink joins Astar’s Build2Earn Program
  • Celer cBridge Integrates with Klaytn. Celer partnered with pStake Finance in order to support their users with multi-chain governance. The team has fully integrated MathWallet into cBridge
  • Bifrost 2022 July Monthly Report is out. vKSM: The liquid staking derivative launched by Bifrost. A new HRMP channel launched between Bifrost and Crab Parachain. On August 8, the Bifrost loyalty program called Rainbow Boost 3.0 started
  • OmniBTC partners with ChainX to bring XBTC to Aptos. ChainX intends to support the ecology of Move public chains such as Aptos/Sui. So the latest position of ChainX is a Substrate based BTC Layer 2 network that supports both the EVM ecosystem and the Move ecosystem, aiming to make Bitcoin widely available in these ecosystems
  • Humanode announced a partnership with Ink Finance — a leading DAO governance protocol that enables businesses to easily set up and organize as DAOs across multiple blockchains. The partnership with Humanode will help Ink Finance to make the DAO ecosystem secure, transparent, and Sybil resistant. The team announced the whitelist for Humanode public sale on Tokensoft in the upcoming months
  • The XCVM is Composable’s stateful system which encompasses multiple chains. By providing the infrastructure and tooling to create truly cross-chain applications, Composable Finance is unifying several DeFi ecosystems for improved UX. Check out the latest blog on XCVM’s architecture to learn more
  • Phala Network launched Stake Pool description function on Phala App. Now pool owners can add various contact information such as Discord, Twitter, and Email in the description, and more
  • zkAssets and zkAddresses, a core part of Manta Network’s infrastructure towards building a privacy-first future, have been introduced. KMA is now listed on Solarbeam
  • Crust Network & OAK Network partnership announced. Crust Shadow integrates aUSD as the default stablecoin for parachain storage fee payments
  • Dock is now an Associate Member of the Decentralized Identity Foundation (DIF)
  • Stable asset H2O is now in Ocean Market: Buy and sell data with H2O, a stable asset backed by OCEAN. OceanDAO Round 20 results
  • Turing Network has now opened HRMP channels with Bifrost, Crust Shadow, and Khala. The OAK Network team successfully distributed the second set of TUR crowdloan rewards
  • 7 Pioneer Spot auctions were opened after Testnet 0.0.1.7 release. Bit.Country gives a warm welcome to those 7 metaverses that successfully secured a spot. The highest auction bid achieved 50,000 AlphaNEER
  • Governance 1.0 on Litmus is live. LIT community can now administrate & make decisions over the development of Litmus Network using on-chain and off-chain governance
  • SORA Wallet: Polkaswap 2.5.0 for Android has been released
  • Efinity partners with Entropia, a world-renowned MMORPG game & Guinness Book of World Record holder for most valuable digital assets sold
  • A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem
  • Equilibrium: 20th community call recap
  • Why Chainlink’s SmartCon is the must-attend web3 event of the year
  • BitGo now supports Polkadot
  • SubWallet launched v0.5.4 with QR Signer support for Parity Signer and Stylo, full support for Ledger (connecting & signing transactions), and in-app XCM transfer for aUSD among Moonbeam, Moonriver, Acala, Karura, Astar and Shiden (both Substrate & EVM)
  • Nova Wallet announced Parity Signer integration
  • Although Polkadot Decoded 2022 has wrapped, you can still catch up on all the talks you might have missed on YouTube
  • And more!

Latest Polkadot News

  • Congratulations to Integritee Network on winning Polkadot’s 23rd parachain auction. Integritee provides a scalable public blockchain solution for securely processing sensitive business or personal data while giving all parties control and transparency on what their data is used for.
  • With only a few hours left in the current parachain lease auction, anonymous para ID 2057 has been in the lead the entire Ending Period.
  • With 14 days, Referendum 70, proposing to increase the maximum number of HRMP channels from 10 to 30, is passing by a wide margin.
  • Referendum 71, proposing to upgrade the Polkadot runtime to v9260, is currently passing unanimously with one day left to vote.
  • Polkadot 0.9.27 has been released with medium upgrade priority.
  • The latest Monthly Polkadot Staking Update, detailing how the staking system is being improved on Polkadot and Kusama, has been released.
  • MEW teamed up with Web3 Foundation and Parity to build Enkrypt — a web3 browser extension supporting Polkadot and Substrate-based chains. Manage your tokens and NFTs. Access web3 apps across multiple blockchains.

Slot Auction Progress:

Kusama

  • Basilisk has won the most recent Kusama parachain slot auction.
  • With two days left in the current parachain lease auction, GM Parachain has been in the lead the entire Ending Period.
  • KSM locked from the second set of auctions is now available to be unlocked. This is generally done by the relevant parachain teams.
  • Referendum 220, proposing to open an HRMP channel between Statemine and Calamari, is passing by a wide margin with slightly less than 3 days left to vote.
  • Referendum 221, proposing to upgrade the Encointer common good parachain’s runtime, is currently passing by a wide margin with slightly less than 3 days left to vote.
  • Motion 523, proposing to upgrade the Encointer runtime, is under consideration by the Kusama Council.
  • The staking rate on Kusama has increased to 50.6%, 0.4% less than the ideal staking rate of 51.0%.

Slot Auction Progress:

Awareness and Events

  • Although Polkadot Decoded 2022 has wrapped, you can still catch up on all the talks you might have missed on YouTube
  • Last week the Polkadot ecosystem continued building, deploying and growing. Check out some of the announcements from the ecosystem and hear the latest news from the parachain teams, infrastructure providers, and wallets in this week’s Polkadot Roundup
  • 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.

Finance

Polkadot markets (information from Coingecko)

Polkadot Ecosystem Market Cap (information from Dotmarketcap)

Tradable Projects

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.

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.

ChainX

ChainX, a crypto assets gateway, is planning bridges to several networks and has implemented a BTC to Substrate bridge.

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.

Interlay

Interlay is building a trustless bridge from Bitcoin to Polkadot.

Smart Contracts

CLV (Previously Clover)

Edgeware

Moonbeam

  • Connected Contracts on Moonbeam and Moonriver: Connected contracts represent a monumental shift forward in usability by allowing end users to couple any token with functionality located on any blockchain, all from one application experience. Moonbeam’s cross-chain connected contracts are powered by messages that are sent across chains, including Polkadot (via XCM, cross-consensus messaging) and Ethereum, Cosmos, and Avalanche (via cross-chain messaging systems such as Axelar). Apps built on Moonbeam are able to call any contract on any chain, anytime.
  • Bit Hotel, a social-first play to earn NFT gaming metaverse, has integrated into Moonbeam Network.
  • The Moonbeam team released an urgent security patch for integer truncation bug.
  • A new blog has been published on the Moonbeam website. It includes additional information about Maintenance Mode (was recently put in action in order to investigate a security incident with a smart contract deployed on the network), the governance actions that trigger it, and the emergency situations that require its activation.
  • Runtime 1701 Upgrade is now live, bringing new XCM-to-EVM call capabilities into testing on Moonbase Alpha and voting functionalities to Moonbeam and Moonriver
  • Last two days to submit your application for the Boba x Moonbeam hack challenge

Scaling

Astar Network (previously Plasm Network)

Celer

DeFi

Acala

Composable Finance

  • The XCVM is Composable’s stateful system which encompasses multiple chains. By providing the infrastructure and tooling to create truly cross-chain applications, Composable Finance is unifying several DeFi ecosystems for improved UX. Check out the latest blog on XCVM’s architecture to learn more.
  • Dev Log #10

Equilibrium

Parallel Finance

SORA

Zenlink

Privacy

Phala Network

Manta Network

Data

Crust Network

Dock

Kylin Network

Other

Enjin

  • Efinity partners with Entropia, a world-renowned MMORPG game & Guinness Book of World Record holder for most valuable digital assets sold. Their 1st exclusive in-game NFT auctions on nft.io marketplace are now live. More in their quarterly report.
  • When adopting NFTs into any web2 gaming universe, there is always a bit of a learning curve. In this thread, Enjin is going to answer some frequently asked questions about the Eggs of Entropia.
  • Enjin’s August 2022 Ecosystem Report is live.

Humanode

  • Humanode announced a partnership with Ink Finance — a leading DAO governance protocol that enables businesses to easily set up and organize as DAOs across multiple blockchains. The partnership with Humanode will help Ink Finance to make the DAO ecosystem secure, transparent, and Sybil resistant.
  • The Humanode team shared some long-awaited news about where they are headed. First of all, they announced the whitelist for Humanode public sale on Tokensoft in the upcoming months. The whitelist spots are limited that is why they decided to have three different waves so that more dedicated ecosystem members could get into an earlier wave. Those who partook in the testnets will be allocated to the first wave.
  • Humanode Dev Report 29: The Humanode teams shared some bullet points to shine some light on the exciting advancements that they have been working on.
  • Unlock your creativity and join the Humanode Art Contest:

Litentry

- Finalized implementation of Staking Pallet and bi-directional token bridge

- Started the front-end design of the first version of Identity Hub

- Launched the Litmus Governance platform

RMRK

MISC

  • SubWallet launched v0.5.4 with QR Signer support for Parity Signer and Stylo, full support for Ledger (connecting & signing transactions), and in-app XCM transfer for aUSD among Moonbeam, Moonriver, Acala, Karura, Astar and Shiden (both Substrate & EVM).
  • Nova Wallet announced Parity Signer integration

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:

Website

GitHub

Blog

Twitter

Medium

Youtube

Reddit

Webinar Channel

Polkadot Wiki

Polkadot Newsletter

Polkadot Ecosystem News

Polkadot Digest by Bill Laboon

This is not financial advice.

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