Polkadot: Kilt has become the 1st parachain to migrate from Kusama to Polkadot, OAK Network has won the latest parachain lease auction, Crust is in the lead, Polkadot roadmap roundup is out, Polkadot’s Governance v2 is merged into Kusama, The first Polkadot Hackathon LATAM is here, Tether now live on Polkadot, Chainlink & SWIFT announce CCIP PoC, veOCEAN is now live, DPoS is coming to Calamari, Humanode public sale is here, and more!

Paradigm
Paradigm
Published in
13 min readOct 6, 2022

Biweekly update on the Polkadot ecosystem vol. 47, 22nd September — 6th October

TL;DR

  • A proposed roadmap for upcoming developments on Polkadot is out
  • Updates to Polkadot’s staking system for the months of August and September
  • Kilt has become the first parachain to migrate from Kusama to Polkadot
  • Congratulations to OAK network on winning Polkadot’s 28th parachain auction.
  • With the Ending Period beginning today, Crust is in the lead in the current parachain lease auction
  • Polkadot’s Governance v2 is merged into Kusama
  • Following the USDT by Tether, USDC will go live on Polkadot by the end of this year
  • Referendum 74, proposing to open several HRMP channels, is passing unanimously with 8 days left to vote
  • Information on the coming rollout of Polkadot nomination pools, which will drastically improve staking limits, is now available
  • Polkadot still has the largest active developer ecosystem outside Ethereum, with almost 3x more weekly commits than the next largest ecosystem according to Messari
  • Anonymous parathread ID 2223 has won the most recent parachain lease auction
  • Referendum 236, proposing to upgrade Statemine to runtime v9290, is currently passing unanimously with 5 days left to vote
  • The Moonbeam Orbiters Program, a collator rotation program designed as a new onramp into the collator ecosystem, following a successful rollout period on Moonriver, has been launched. Moonbeam has joined the Chainlink SCALE program to fuel dApp innovation on the network. USDT is now live on Moonbeam
  • Humanode public sale is here. Previously, the team announced the launch of testnet 4 ‘Gaghiel’ that is focusing on token claims, vesting, and unlocking systems that the team will use to distribute tokens at TGE
  • DPoS is coming to Calamari: use your KMA to vote for the runtime upgrade v3.4.0
  • Chainlink and SWIFT announce CCIP Proof Of Concept at SmartCon 2022. Chainlink and CF Benchmarks announce a new interest rate benchmark for Web3
  • September Bifrost Ecosystem Report is out. xc-vKSM proposal has passed: vKSM will soon be added as a Moonriver XC Asset to kickstart more use case scenarios and liquidity in Kusama EVM protocols and apps
  • Darwinia 1242 Runtime Upgrade took place. XCM Dashboards for Darwinia parachain/Crab parachain are available now. September’s Crab and Darwinia PLO NFT rewards have been distributed
  • Astar became the first Polkadot parachain to launch XCM transfers of USDT. Top Japanese companies join Astar to celebrate Web3. Yoshitaka Amano curates his first NFT collection on Astar Network
  • veOCEAN is launching, data farming is resuming
  • September has been a productive month for Celer — 5 new partners, expanding their support for 2 projects, and taking part in a special panel discussing how cross-chain will affect Web3
  • Community referendums for Stage 1 and Stage 2 of resuming Acala operations have passed and been executed
  • With Parallel Finance’s new feature, you can leverage all the yield opportunities across Parallel and maximize DOT APY with one single click
  • Composable Finance has published an article detailing the strengths of both Cosmos and Polkadot, along with Composable’s unique perspective as a builder seeking to reconcile 2 of DeFi’s most innovative ecosystems
  • Phala’s SubBridge has opened HRMP channels with Moonbeam and Parallel Finance. SubBridge now supports GLMR and PARA. Phat Contract as L3 design draft completed. Phat Contract rebranding completed
  • Crust has been included in the Ethereum official docs as a decentralized storage solution. Crust Network will deploy its nodes through OnFinality
  • Dock anonymous credentials protocol update integrates Circom to enable developers to specify zero-knowledge “predicates” on credential attributes
  • The referendum on increasing the maximum number of collators to 35, allowing for smaller holders to be part of securing the KILT network, went through and was enacted
  • OmniBTC has realized XBTC cross-chain deposit to Aptos network
  • Centrifuge Community Call 26 took place
  • The new Zenlink Monthly Updates is out, covering September 2022 of all things Zenlink
  • A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem
  • Once implemented, Enjin Wallet v2 will have feature parity with Wallet 1.0, as well as support for extra coins and NFTs
  • The 2nd Annual SORA Economic Forum took place
  • The Polkadot Hackathon (North America Edition) is finished now
  • Interested in building in the Polkadot ecosystem? Take this chance to join the first Polkadot Hackathon LATAM
  • Apply for the second intake of the PolkadotDevCamp to learn how to build blockchains using Substrate, dive into Polkadot and parachain development, and hear from Polkadot experts
  • Sub0, the Polkadot Developer Conference, is back this year from November 28 to 29 in Lisbon, Portugal, and online
  • And more!

Latest Polkadot News

  • Polkadot Roadmap Roundup: A proposed roadmap for upcoming developments on Polkadot. Check out what some of the developers are working on now. From increasing TPS to between 100,000–1,000,000 with asynchronous backing to parathreads, XCMv3, a bridge hub, and a fully decentralized governance mechanism.
  • KILT Is Now a Parachain on Polkadot: Kilt has become the first parachain to migrate from Kusama to Polkadot.
  • Congratulations to OAK network on winning Polkadot’s 28th parachain auction.
  • With the Ending Period beginning today, Crust is in the lead in the current parachain lease auction.
  • Polkadot’s Governance v2 is merged into Kusama: The Polkadot Fellowship will be going live in the near future.
  • Following the USDT by Tether, USDC will go live on Polkadot by the end of this year.
  • Referendum 74, proposing to open several HRMP channels, is passing unanimously with 8 days left to vote.
  • Information on the coming rollout of Polkadot nomination pools, which will drastically improve staking limits, is now available. Nomination pools allow nominators to “pool” their nominations together, reducing the amount necessary to receive staking rewards drastically.
  • Initially proposed parameters are 1 DOT to join a pool, 200 DOT to create a pool, a maximum of 64 pools and 32_000 members in all pools. These can all be changed by governance and the number of pools and members is expected to increase.
  • Polkadot still has the largest active developer ecosystem outside Ethereum, with almost 3x more weekly commits than the next largest ecosystem according to Messari.

Slot Auction Progress:

Kusama

  • Anonymous parathread ID 2223 has won the most recent parachain lease auction.
  • Referendum 236, proposing to upgrade Statemine to runtime v9290, is currently passing unanimously with 5 days left to vote.
  • The staking rate on Kusama has decreased slightly over the last few days to 55.2%.

Awareness and Events

  • Sub0, the Polkadot Developer Conference, is back this year from November 28th to 29th in Lisbon, Portugal and online.
  • The Polkadot Hackathon (North America Edition) is finished now. Check this thread to meet its winners.
  • Apply for the second intake of the PolkadotDevCamp to learn how to build blockchains using Substrate, dive into Polkadot and parachain development, and hear from Polkadot experts.
  • 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

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.

Smart Contracts

CLV (previously Clover)

Edgeware

Moonbeam

  • First Moonriver, Now Moonbeam: the launch of the Moonbeam Orbiters Program, a collator rotation program designed as a new onramp into the collator ecosystem, following a successful rollout period on Moonriver.
  • Moonbeam has joined the Chainlink SCALE program to fuel dApp innovation on the network.
  • USDT is now live on Moonbeam: tokens can be transferred to & used on the network through the Moonbeam DApp via Statemint.

Scaling

Astar Network (previously Plasm Network)

Celer

DeFi

Acala

Composable Finance

  • Composable Finance has published an article detailing the strengths of both Cosmos and Polkadot, along with Composable’s unique perspective as a builder seeking to reconcile 2 of DeFi’s most innovative ecosystems.
  • Beyond being a custom-built L1, Picasso is also the first CosmWasm L1 built on Kusama. Find out more in this recent blog post.
  • Dev Log #13

Equilibrium

  • Equilibrium’s Closed Beta is live. If you have not confirmed your participation yet, keep an eye on your email for a reminder.
  • Important announcement for the Closed Beta participants: the rewards will not be calculated on a pure balance transfer basis. Upon the final calculation of rewards, Equilibrium will exclude any balance transfers to ensure maximum fairness across all participants.

Parallel Finance

SORA

  • Most crypto cards focus on selling and spending crypto, while SORA strives to provide an expansive banking-style experience with DeFi through its card. Find out what makes SORA Card different from the rest.

Zenlink

-Stable AMM (Substrate) has been deployed on testnet and smart order router has been adapted

-Governance UI&UX is ready for interaction with the EVM contract

-Refactoring Zenlink DEX WASM

Privacy

Phala Network

Manta Network

  • Why did Manta create zkAssets, and what are they? All answers are in this post.
  • Delegated Proof-of-Stake is coming to Calamari: use your KMA to vote for the runtime upgrade v3.4.0. After going live next week, any user will be able to stake their KMA to contribute to the resiliency of the network.
  • Fuel x Manta: Web3 [2] 1 Billion.

Data

Crust Network

Dock

KILT Protocol

  • The referendum on increasing the maximum number of collators to 35, allowing for smaller holders to be part of securing the KILT network, went through and was enacted.

Ocean Protocol

Oracle

Chainlink

Other

Energy Web

Enjin

Humanode

Litentry

- Identity Management Pallet & VC generation

- New inflation model is WIP

- Attending Token2049

RMRK

  • The Nested Royalties user interface has been released on Singular. Now users can set royalties for nested NFTs (NFTs that own other NFTs). All monthly RMRK updates are available here.

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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