Polkadot: Kylin has won the latest parachain lease auction, SubsocialX has been in the lead the entire ending period, DOT staking is now available at BinanceUS, Bifrost partners with Blockdaemon, KILT announced its plans to move the blockchain to Polkadot, Moonbeam’s Connected Contracts Hackathon is now open to submissions, Crust Network partners with Integritee Network, Humanode Public Sale updates are out, and more!
Biweekly update on the Polkadot ecosystem vol. 44, 12th August — 25th August
TL;DR
- A proposed roadmap for future developments on common good parachains developed by Parity Technologies has been introduced
- Kylin has won the latest parachain lease auction
- The next parachain lease auction is scheduled to begin at block 11_819_200 (approximately 17.20 UTC on 29 Aug)
- Polkadot 0.9.28 has been released with medium priority
- Referendum 70, proposing to increase the maximum number of HRMP channels from 10 to 30, is currently passing by a wide margin with 2 days left to vote
- With three and a half days left in the current parachain lease auction, SubsocialX has been in the lead the entire Ending Period so far
- Referendum 223, proposing to upgrade Statemine to runtime v9270, is passing by a wide margin with only a few hours left to vote
- Referendum 224, to fix the opening of an HRMP channel between Statemine and Robonomics, is passing unanimously with three days left to vote
- Referendum 225, proposing to upgrade the Kusama relay chain to runtime v9271, has just started. It is passing unanimously with six days left to vote
- Bifrost is now supported on Fearless Wallet. Bifrost announced the partnership with Blockdaemon, the leading independent blockchain node infrastructure. Over 200,000 KSM have been successfully staked to Bifrost
- Darwinia Cross-Chain Fee Market System has been introduced, the innovation for the cross-chain fee system on Dotsama
- Interlay Ecosystem Update #5 is out. Interlay proposes to open an XCM channel with Astar Network
- KillSwitch finance is bringing its smart cross-chain yield farming aggregator to CLV. CLV Multichain Wallet now supports .bnb domain
- Moonbeam’s Connected Contracts Hackathon is now open to submissions. Etherspot, the smart wallet platform, is being integrated into Moonbeam
- Blockdaemon joins Astar to support builders. Cosmize is preparing to launch the first metaverse built on Astar. Shiden opened a direct line to OAK Network
- A DNS cache poisoning attack on cBridge’s frontend UI appprox. during 08/17 07:45pm to 10:00 pm UTC caused some users to be redirected to malicious smart contracts that can drain all approved token amount 100% Celer users who revoked phishing contract approvals are compensated, 98% loss is recovered. The Celer community develops and launches Celer IM Scan. The full integration of the Celer IM framework with Rango Exchange is complete. Starfish integrates with cBridge
- Acala has published the results of tracing on-chain activity after the recent incident that lead to error minting of aUSD. Traces so far have identified 99% of the total error mints
- Enjin’s First Unreal Engine SDK has been introduced
- Dock has released a new feature on the mobile Dock Wallet app enabling users to create and manage decentralized identifiers that empower them to fully own and control their data
- 11 months after securing a parachain slot on Kusama, KILT announced its plans to move the blockchain to Polkadot
- Crust will participate in the Polkadot Slot Auction 26–32. Crust Network partners with Integritee Network. Crust Network partners with XX Network
- Oceaners, V3 is winding down. Make sure to remove all your liquidity from Ocean V3 and upgrade your components to OceanONDA V4
- Developers can now apply to the Chainlink Hacker House at SmartCon 2022
- Amplitude, the sister network of Pendulum on Kusama, is now live
- Parallel Governance Proposal Guideline is now available on Polkassembly
- Humanode Public Sale updates are out. The KYC processing on Tokensoft for the Public sale has been initiated. To make sure that Humanode’s path is aligned with the vision the team has also released a roadmap to highlight the milestones after the mainnet. Humanode Co-founder Victor featured on the Bankless Green Pill Podcast
- Phala Cloud Computing Tokenomic paper bounty M1 finished. A recap of Phala’s speeches at Polkadot Decoded 2022 Hangzhou is available
- Zenlink upgraded DEX contracts on Moonriver and Moonbeam and initiate liquidity migration on August 23
- A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem are out
- Composable Finance announced the appointment of Eoin Whelan as Chief Financial Officer
- The SORA Economic Forum starts on the 23rd of September
- Check the Subwallet’s report on the Polkadot ecosystem growth in the first half of 2022, with sections focused on DeFi, NFT, and Web3
- Missed August’s Polkadot Community Call? Check out the recordings to hear the latest updates, referenda, and treasury proposals for Polkadot & Kusama, as well as hear from 8 ecosystem teams
- Why blockchain bridges have inherent security risks, and how Polkadot is changing the way blockchains can communicate with each other. On August 25th, join Web3Talks to learn about a new era of interoperability and how Polkadot’s XCM is becoming a new cross-chain standard
- DOT staking is now available at BinanceUS
- And more!
Latest Polkadot News
- Proposal for Common Good Parachains: ParityTech has been busy developing several new blockchains it plans to propose as common good parachains. As a refresher, Polkadot governance can allocate parachain slots to chains it believes benefit the entire network, bypassing the auction process.
- Kylin has won the latest parachain lease auction.
- The next parachain lease auction is scheduled to begin at block 11_819_200 (approximately 17.20 UTC on 29 Aug).
- Polkadot 0.9.28 has been released with medium priority.
- Referendum 70, proposing to increase the maximum number of HRMP channels from 10 to 30, is currently passing by a wide margin with 2 days left to vote.
Slot Auction Progress:
Kusama
- With three and a half days left in the current parachain lease auction, SubsocialX has been in the lead the entire Ending Period so far.
- Referendum 223, proposing to upgrade Statemine to runtime v9270, is passing by a wide margin with only a few hours left to vote.
- Referendum 224, to fix the opening of an HRMP channel between Statemine and Robonomics, is passing unanimously with three days left to vote.
- Referendum 225, proposing to upgrade the Kusama relay chain to runtime v9271, has just started. It is passing unanimously with six days left to vote.
- What happened to Kusama in the first 6 months of 2022? Impressive numbers, featuring Moonwell, Karura, Bifrost and RMRK. Check out SubWallet’s Deep Dive report for more details on the entire ecosystem.
Slot Auction Progress:
Awareness and Events
- Missed August’s Polkadot Community Call? Check out the recordings to hear the latest updates, referenda, and treasury proposals for Polkadot & Kusama, as well as hear from 8 ecosystem teams:
- “Green Bird’’ is a series of lectures on Polkadot, Kusama, and environmentally friendly projects in the ecosystem, organized by RMTerra & Polkadot ambassadors. Check out the next event to be held in Porto.
- Web3 Talks: Unlocking True Cross-Chain Interoperability | Aug 25th: Why blockchain bridges have inherent security risks, and how Polkadot is changing the way blockchains can communicate with each other. On August 25th, join Web3Talks to learn about a new era of interoperability and how Polkadot’s XCM is becoming a new cross-chain standard:
- 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
- DOT staking is now available at BinanceUS. Learn how to manage your DOTs, and start staking in minutes.
- Polkadot markets (information from Coingecko)
- Polkadot Ecosystem Market Cap (information from Dotmarketcap)
- Tradable Projects
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 is now supported on Fearless Wallet.
- Bifrost announced the partnership with Blockdaemon, the leading independent blockchain node infrastructure. They will provide high-quality and stable performance Kusama validators for Bifrost’s first liquid staking derivative vKSM.
- Over 200,000 $KSM have been successfully staked to Bifrost
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.
- If you participated in the first winning Altair crowdloan, then Bifrost may have something for you as part of its Rainbow Boost 3.0 campaign.
- Centrifuge & Altair Governance Call #8
- Discussing the future of finance and technology with Lucas Vogelsang, CEO and Co-Founder at Centrifuge.
ChainX
ChainX, a crypto assets gateway, is planning bridges to several networks and has implemented a BTC to Substrate bridge.
- ChainX Ecosystem Monthly Report #4
- OmniBTC partners with ChainX to bring XBTC to Aptos
- ComingChat Aptos Wallet Airdrop WL
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.
- What Can A Cross-Chain Message Relayer Get? Darwinia Cross-Chain Fee Market System has been introduced, the innovation for the cross-chain fee system on Dotsama. At the Polkadot Decoded 2022, Darwinia developers gave a keynote speech on this, but due to time constraints, the mechanism was not explained in detail.
- Crust Shadow XCM Integration will Bring the Crab Ecosystem with Web3 Decentralized Storage
- Darwinia Apps Guide Part VⅠ: Fee Market Analytics
Interlay
Interlay is building a trustless bridge from Bitcoin to Polkadot.
- Interlay Ecosystem Update #5 is out
- Interlay proposes to open an XCM channel with Astar Network.
Smart Contracts
CLV (previously Clover)
- Yield Farming across chains with CLV on KillSwitch.finance today
- Frequently Asked Questions on CLV
- Frequently Asked Questions on CLV Staking and Trading
- CLV Multichain Wallet now supports .bnb Domain
- Introduction to Crypto Wallets for Beginners
Edgeware
- EDG Community Update: Week of August 15th, 2022: A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem.
- EDG Developer Update: Aug 14 — Aug 20, 2022: Keeping you up to date on all things technical related to Edgeware and more.
- EDG DAO Financial Bulletin: First Fortnight of August: 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’s Connected Contracts Hackathon is now open to submissions.
- Etherspot, the smart wallet platform, is being integrated into Moonbeam. Developers on the network will have access to Etherspot’s SDK & its full suite of features, including P2P payment channels, multi-chain infrastructure and more.
- Moonbeam and Moonriver collator staking is now available on Fearless Wallet.
- Nova Wallet adds support for MOVR cross-chain transfers between some of the top chains on Kusama. Details.
- Using Axelar’s SDK for Connected Contracts
Scaling
Astar Network (previously Plasm Network)
- Blockdaemon joins Astar to support builders
- Astar Network news: Cosmize is preparing to launch the first metaverse built on Astar.
- Hexa-Farming Campaign launch: 120k token reward promised (consisting of ASTR, AVAT, ASRW, SRS, ATID, and KGL). The first half will be directly distributed to all participants who join the Hexa-Farming Deposit Campaign, and the other half is reserved for all users who participate in the Gleam mission.
- Shiden opened a direct line to OAK Network. Builders on Shiden can now automate any extrinsic or smart contract function using OAK’s event-driven execution combined with cross-consensus messaging (XCM).
Celer
- A DNS cache poisoning attack on cBridge’s frontend UI appprox. during 08/17 07:45pm to 10:00 pm UTC caused some users to be redirected to malicious smart contracts that can drain all approved token amount
- 100% Celer users who revoked phishing contract approvals are compensated, 98% loss is recovered
- The Celer community develops and launches Celer IM Scan
- The full integration of the Celer IM framework with Rango Exchange is complete
- Starfish integrates with cBridge
DeFi
Acala
- Updates on the aUSD Incident — 22 August 2022
- Acala has published the results of tracing on-chain activity after the recent incident that lead to error minting of aUSD. Traces so far have identified 99% of the total error mints.
- A bounty of up to 5% will be offered to any party who returns at least 95% of total funds transferred out. Once returned, no further actions will then be taken towards these addresses regarding the funds transferred from Acala to Polkadot.
- Acala’s community can collectively formulate proposals following each trace report to resolve (mostly by burning) the erroneous minting of aUSD, and then gradually resume paused network operations.
Composable Finance
- Dissecting the XCVM use cases for cross-chain applications
- Dev Log #11
- XCVM Architectural Overview
- Composable Finance announced the appointment of Eoin Whelan (a well-versed blockchain and crypto leader with experience operating, scaling, and raising capital in the DeFi sector) as Chief Financial Officer (CFO).
Equilibrium
- New trading pairs (WETH/EQD, WBTC/EQD, HDOT/EQD and BNB/EQD) are live on Genshiro.
- Equilibrium’s xDOT supports Crust crowdloan
Parallel Finance
- Parallel Liquid Crowdloan will support Aventus & Crust for Polkadot Slot Auction 26
- Security Overview on Parallel Finance
- Parallel Governance Proposal Guideline is now available on Polkassembly.
- The HKO reward for the contributors of Heiko’s second crowdloan has been officially distributed. 100% of the reward will be linearly vested for 11 months. All vesting information is available here.
SORA
- August 24 2022, Ecosystem Updates for SORA
- SORA has announced the results of the first round of the DeFi Writing Contest. It is not too late to take part in it: share your DeFi and Substrate stories to win from the monthly 5000 XSTUSD prize pool.
- The SORA Economic Forum starts on the 23rd of September
Zenlink
- ZLK staking on Bifrost is back online and switched to long-term farming.
- Announcing Zenlink DEX Contract Upgrade and Liquidity Migration: Zenlink upgraded DEX contracts on Moonriver and Moonbeam and initiate liquidity migration on August 23.
Privacy
Phala Network
- Cloud Computing Tokenomic Paper Bounty M1 Finished, Recap Videos of Polkadot 2022 Hangzhou Is Online|Phala Weekly
- SubBridge Supports Transfer Between Crab and Khala, PhalaWorld Released New Origin Shell Video|Phala Weekly Vol. 94
- Phala and Friends is back
Manta Network
- Manta has updated its roadmap. Now it includes all past and present progress.
- Core contributor Adam R. walking us through the roadmap to getting staking launched in Q3.
Data
Crust Network
- Crust will participate in the Polkadot Slot Auction #26–32!Crowdloan is live
- Crust Network partners with XX Network to offer Web3 industry a turn key solution
- Equilibrium’s xDOT supports Crust crowdloan and allocates rewards of 250,000 EQ
- Crust Network & Integritee Network Partnership Announced
- Crust Shadow XCM Integration will Bring the Crab Ecosystem with Web3 Decentralized Storage
- Decentralized Aave Interface Hosting on IPFS
- Crust Devlog | Aug 1st — Aug 16th, 2022
- Crust Weekly Stats. | Aug. 16th, 2022
Dock
- New Mobile Dock Wallet Release: Users Can Create and Manage Decentralized Identifiers (DIDs): Dock has released a new feature on the mobile Dock Wallet app enabling users to create and manage decentralized identifiers that empower them to fully own and control their data.
- Dock announced that users can now create and manage decentralized identifiers (DIDs) within their Dock Wallet app.
- Last week at Dock:
KILT Protocol
- 11 months after securing a parachain slot on Kusama, KILT announced its plans to move the blockchain to Polkadot. Details.
- KILT celebrates its 2.000.000th block
Ocean Protocol
- OceanDAO Round 21 is Live: 85,000 USD in OCEAN is available for Web3 data economy projects
- OceanDAO Round 20 Results: 16 proposals received and 347,882 OCEAN granted
- Oceaners, V3 is winding down. Make sure to remove all your liquidity from Ocean V3 and upgrade your components to OceanONDA V4
Oracle
Chainlink
- Metis Looks Toward The Future Of Decentralization With Chainlink At ETHToronto
- KyberSwap Integrates Chainlink Price Feeds To Support Native Token And Distribute DAO Rewards
- How Trust-Minimized Apps And Smart Contracts Become World’s Largest Technology Market
- Developers Can Now Apply To The Chainlink Hacker House At SmartCon 2022
- Daily Wrap-Up:
Humanode
- Public Sale Updates are out.
- The KYC processing for the Public sale has been initiated.
- To make sure that Humanode’s path is aligned with the vision the team has also released a roadmap to highlight the milestones after the mainnet. Check it out here.
- Humanode Dev Updates 30: The Humanode teams shared some bullet points to shine some light on the exciting advancements that they have been working on.
- The Developers Note
- Humanode Co-founder Victor featured on the Bankless Green Pill Podcast
Litentry
- Roll out of Staking Pallet and bi-directional token bridge upcoming
- Moonriver’s integration with Litmus
- Identity Hub will develop the identity quest feature
- Workflow cross-chain data aggregation & ID-graph
MISC
- Check the Subwallet’s report on the Polkadot ecosystem growth in the first half of 2022, with sections focused on DeFi, NFT, and Web3:
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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