Polkadot: Parachain messaging is here, Litentry won the latest Polkadot parachain slot auction & Polkadex has been in the lead the entire Ending Period, Bifrost won Kusama’s 33rd auction, Shiden has been in the lead the entire Ending Period, Square One — a new initiative from Parity — introduced, Celer IM launches on mainnet, Equilibrium introduced its new utility token, H2O by OCEAN is now live, and more!
Biweekly update on the Polkadot ecosystem vol. 36, 21st April — 5th May
TL;DR
- After passing a community vote, v0.9.19 has been enacted on Polkadot. This upgrade included a batch call upgrading Polkadot’s runtime to enable parachain-to-parachain messaging over XCM and upgrading Statemint to include minting assets (like NFTs) and teleports. To learn more tune into the community call next week
- Congratulations to Litentry on winning Polkadot’s 15th parachain auction! Litentry will be onboarded at the beginning of lease 8 — bringing their decentralized cross-chain identity aggregator to Polkadot. Almost 3.5k network stakeholders locked up DOT in favor
- With one day left in the current parachain slot auction, Polkadex has been in the lead the entire Ending Period
- Congratulations to Bifrost on winning Kusama’s 33rd auction. This is the second auction Bifrost has won and this time without a crowdloan. Also, Bifrost Staking Liquidity Protocol SLP will go live at bifrost.app this week
- With 3 days left in the current Kusama parachain slot auction, Shiden has been in the lead the entire Ending Period
- Polkadot 0.9.20 has been released with medium upgrade priority
- Square One is a new initiative from Parity offering ecosystem direction and a customized support route across Substrate resources for new and early-stage builders
- W3F is looking to fund the development of a social recovery wallet for Polkadot, allowing users to recover their accounts if their key or other authentication mechanism has been lost
- Motion 193, proposing to lower the channel deposit from 20_000 to 10 DOT, has been accepted and executed
- There is a proposal seeking feedback to support Polkadot nodes at up to 50 different universities worldwide
- Referendum 59, to unbrick the Phala parachain, is passing by a wide margin.
- Referendum 61, to reduce the deposit for HRMP channels from 20_000 DOT to 10 DOT, is passing by a wide margin
- Referendum 193, to grant sufficiency to RMRK on Statemine, is passing by a wide margin
- DOT is now live & usable in DeFi on Moonbeam. Moonbeam app is now available on Ledger Live. Moonbuilders Academy is now open for Web3 developers
- Zenlink’s X-Transfer now supports native USDT transfers from Statemine to Moonriver. Zenlink Monthly Update (April 2022) is out
- ChainX network will be upgraded to be EVM compatible on May 19. ChainX Ecosystem Monthly Report #1 is out
- Celer Inter-chain Messaging Framework launches on mainnet, revolutionizing how cross-chain dApps are built and used. With 9 amazing launch partners forging a new era of cross-chain DeFi, governance, gaming, NFTs and more
- Equilibrium has introduced its new utility token — EQ. It is a new advanced native asset that works on any blockchain bridged with Polkadot. EQ’s features include cross-chain compatibility, collateral liquidity and earnings on staking
- H2O, the non-pegged, decentralized stable asset-backed by OCEAN, is now live on Ethereum mainnet. This is a major milestone, as H2O’s mission is to become the medium of exchange in the Web3 data economy
- April Centrifuge monthly summary has been published. Crowdloan claims are now open
- KBTC continues to push the frontiers of DeFi, with the addition of KINT & — USDC now up for discussion as collateral assets. Founders’ Update #2 has been published
- Coinbase Cloud is working with Acala to support liquid staking for Karura, supporting the growth of the Polkadot and Kusama DeFi ecosystems. SubWallet, a Web3 Multiverse wallet for Polkadot & Kusama, can now be used on Acala to manage assets seamlessly
- CLV announced a new strategic partnership with Amara. CLV ‘s new partner, Evolution Land, a virtual simulation blockchain gaming platform that supports cross-chain interactions, has been introduced. Also, CLY partners with Huckleberry
- Composable XCVM has been introduced. Pablo, the first protocol to launch on Picasso, will become a core pillar within the Composable ecosystem by providing deep liquidity for traders, aligned incentives for token holders & sustainable yield for LPs. Furthermore, Composable has received a grant from the Interchain Foundation
- StaFi launches StaFi Eco Accelerator Grant Program, 1st Grant released for Spring Design Studio
- Phala APP New analytics page launched. Phala Network and Dmail have reached an in-depth partnership on the construction of decentralized cloud facilities
- Dock has invited its trusted community members to test new features and upgrades on Dock’s Mobile Wallet App. One of these new features allows users to store and manage verifiable credentials directly on their mobile devices
- CSM Liquidity Bootstrap is now live on Karura Swap. Ankr’s lightening fasty endpoint service now has been integrated into Crust’s cross-chain storage solution
- New Super App navigation on both Heiko and Parallel is here
- A monthly summary of the development at Akropolis is out
- A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem is out
- The new Startup with Chainlink Ask Me Anything (AMA) series offers builders the opportunity to receive insight and advice from industry-leading experts
- The Sussocial team is working on “Staking for Creators”. This will allow you to stake SUB to your favorite content creators, causing them to get rewards from protocol inflation
- Robonomics launched Ambassador program and kindly invites you to cooperate and become Robonomics ambassador
- The Humanode team announced the dates of the first-ever Humanode Conference: Join them on Gather from May 30 to June 1. Moreover, the team will host the first Humanode Hackathon on May 16–29
- Interested in building on Polkadot? The six-month Web3.0 Bootcamp will consist of a cohort of 12 teams in Shanghai starting in May 2022
- Polkadot Decoded returns on 29–30 June this year. The team added Buenos Aires as the fifth venue. The agenda for all five locations will soon be released.
- “Polkadot for Beginners: A non-technical guide to decentralization, blockchains & Polkadot” is now accessible to everyone
- Polkadot A to Z: O for On-chain Governance is live
- And more!
Latest Polkadot News
- After passing a community vote, v0.9.19 has been enacted on Polkadot. This upgrade included a batch call upgrading Polkadot’s runtime to enable parachain-to-parachain messaging over XCM and upgrading Statemint to include minting assets (like NFTs) and teleports. To learn more tune into the community call next week.
- Introducing Square One: Your Starting Point to Building on Substrate, Polkadot, and Kusama: Square One is a new initiative from Parity offering ecosystem direction and a customized support route across Substrate resources for new and early-stage builders. There are many ways to build on Substrate, and the ecosystem comprises numerous toolkits and resources for education, development, and funding. The program guides teams down the most appropriate path of tools and support resources, enabling them to accomplish their goals and launch new products with minimum friction along the way.
- Polkadot 0.9.20 has been released with medium upgrade priority.
- Motion 192, proposing to lower the HRMP channel deposit from 20_000 to 1_000 DOT, has been rejected.
- Motion 193, proposing to lower the channel deposit from 20_000 to 10 DOT, has been accepted and executed.
- There is a proposal seeking feedback to support Polkadot nodes at up to 50 different universities worldwide.
- Referendum 59, to unbrick the Phala parachain, is passing by a wide margin.
- Referendum 61, to reduce the deposit for HRMP channels from 20_000 DOT to 10 DOT, is passing by a wide margin.
- Polkadot’s parachain auction schedule has been decided for the rest of the year after Motion 158 was passed. Find the new schedule here.
Slot Auction Progress:
Web3 Foundation
Owning wallets and keys can be intimidating for new blockchain users. W3F is looking to fund the development of a social recovery wallet for Polkadot, allowing users to recover their accounts if their key or other authentication mechanism has been lost.
Kusama
- Referendum 193, to grant sufficiency to RMRK on Statemine, is passing by a wide margin.
- Referendum 192, seeking to swap parachain slot leases for Karura, is passing by a wide margin.
- Participating in Crowdloans on Kusama and Polkadot: Information on how crowdloans work and how to safely participate has been posted on the Polkadot blog:
Slot Auction Progress:
Awareness and Events
- Polkadot live with Uphold
- Polkadot Web3 Talks: Taking the Metaverse from Science Fiction to Reality:
- Interested in learning about the innovative technology behind Polkadot, as well as what’s next for the network? On May 4th don’t miss Web3 foundation’s Gehrlein Jonas & Radha discuss the successes of Polkadot with Uphold’s Martin Hiesboeck. To register and to learn more:
- Meet Parity’s Alex Theissen on 31st May.
- Polkadot Decoded returns on 29–30 June this year. The team added Buenos Aires as the fifth venue The agenda for all five locations will soon be released. Meanwhile, make sure to sign up for updates and be the first to receive the news here.
- Interested in building on Polkadot? The six-month Web3.0 Bootcamp will consist of a cohort of 12 teams in Shanghai starting in May 2022. More info and application here:
- Polkadot A to Z: O for On-chain Governance is live. Here Emre covers the current format that the on-chain mechanism uses. While Governance 2.0 is around the corner, it helps to understand where it started, and why it is changing.
- “Polkadot for Beginners: A non-technical guide to decentralization, blockchains & Polkadot” is now accesible to everyone.
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.
- Congratulations to Bifrost on winning Kusama’s 33rd auction. This is the second auction Bifrost has won and this time without a crowdloan.
- OKX AMA With Bifrost Finance
- Bifrost’s BNC Token is Available For Use on Moonriver as xcBNC Through an XCM Integration
- Bifrost Crowdloan on Polkadot has reached the soft top of 300,000 $DOT. No BNC rewards will be offered for contributions of over 300,000 DOT. The vsDOT minting volume has surpassed 2M and will soon activate vsDOT liquidity farming.
- Bifrost Staking Liquidity Protocol #SLP will go live at bifrost.app this week:
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.
- What Happens in an Asset Default on Tinlake?
- April Centrifuge monthly summary: Here’s everything that’s happened in the Centrifuge ecosystem in the past month.
- A thread from @annmehr is a great peak into Centrifuge’s vision of next-generation DeFi.
- FAQ after migration to parachain.
- Crowdloan claims are now open:
ChainX
ChainX, a crypto assets gateway, is planning bridges to several networks and has implemented a BTC to Substrate bridge.
- ChainX Ecosystem Monthly Report #1 is out.
- ChainX network will be upgraded to be EVM compatible on May 19:
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 Network has one of the most active repo of the Polkadot ecosystem.
Interlay
Interlay is building a trustless bridge from Bitcoin to Polkadot.
- KBTC continues to push the frontiers of DeFi, with the addition of KINT & — USDC now up for discussion as collateral assets. Check this post to learn more.
- Founders’ Update #2 — April 29th has been published.
Smart Contracts
CLV (Previously Clover)
- CLV ‘s new partner, Evolution Land, a virtual simulation blockchain gaming platform that supports cross-chain interactions, has been introduced.
- CLV announced a new strategic partnership with Amara, a multi-chain assets lending protocol within the Polkadot ecosystem.
- Also, CLY partners with Huckleberry.
- CLV Wallet updates:
Edgeware
- EDG Community Update: April 25th, 2022: A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem.
- EDG Developer Update: April 24 — April 30, 2022: Keeping you up to date on all things technical related to Edgeware and more.
- EDG DAO Financial Bulletin: First Fortnight of April: 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 Adds Cross-Chain Capabilities and xcDOT: DOT is now live & usable in DeFi on Moonbeam. The XCM release to Polkadot, Moonbeam has added xcDOT, an XC-20 representation of DOT on its parachain.
- How to Interact with xcDOT
- The Big Unlock: 1.1 Million KSM Tokens to Be Available for Use in Kusama DeFi in May
- Moonbeam Foundation has announced that Fireblocks, the custody technology and liquidity network for institutional customers, now supports MOVR and GLMR tokens. Read more.
- Moonbeam app is now available on Ledger Live. How to use your Ledger device with the native Moonbeam app.
- Dapplooker integrates with Moonbeam. The integration enables developers on Moonbeam to create, fork, and share dashboards to analyze smart contracts and on-chain data. Users can run SQL queries on smart contract data, and build charts and dashboards.
- Moonbuilders Academy is now open for Web3 developers
- Moonbeam Monthly Dispatch: April 2022
- Moonriver Quest 1: Moonwarriors Discover the Chest
- Moonriver Quest 1: The Moonwarrior Journey Begins
Scaling
Astar Network (previously Plasm Network)
- With 3 days left in the current Kusama parachain slot auction, Shiden has been in the lead the entire Ending Period.
- Astar’s NFT Pitch Contest has been extended.
- Orcus Finance has become the 1st independent project on Astar Network which uses Subsquid — an on-chain data indexing framework and a platform for serverless Web3 APIs. Subsquid helps to show and store correct and up-to-date data for Orcus dApp which come from the blockchain.
Celer
- Celer IM Launches on Mainnet: A New Era for Inter-chain dApps Begins
- Celer IM Integration by Swing: Creating a One-Stop Shop for Cross-Chain Token Swaps
- Celer’s Layer2.finance Launches in ZK Proofs Mode Built with StarkEx from StarkWare
- Celer partners with Solace to Expand Cross-Chain Underwriting Capabilities using Celer IM
- Celer Launches Cross-chain NFT Solution on Mainnet
- Ultiverse Partners with Celer to Launch Cross-Chain NFTs
DeFi
Acala
- Coinbase Cloud is working with Acala to support liquid staking for Karura, supporting the growth of the Polkadot and Kusama DeFi ecosystems. Learn what it means for the ecosystem, and token holders.
- Mangata integrates aUSD as the default stablecoin for the Mangata X ecosystem. Users will enjoy capital-efficient staking and stablecoin trading pairs for Polkadot, Kusama, & Ethereum-based tokens using aUSD. Learn more about the integration.
- SubWallet, a Web3 Multiverse wallet for Polkadot & Kusama, can now be used on Acala to manage assets seamlessly. Users can mint aUSD, interact with DApps, and manage their Acala & Karura NFTs.
- The launch of DOT liquid staking on Acala with $LDOT will be here soon.
Composable Finance
- Introducing the Composable XCVM: building interoperable applications on Composable Parachain with CosmWasm
- Composable Finance: Emerging as the first cross-chain smart contracting L1
- Pablo, the first protocol to launch on Picasso, will become a core pillar within the Composable ecosystem by providing deep liquidity for traders, aligned incentives for token holders & sustainable yield for LPs.
- Composable has received a grant from the Interchain Foundation for its work on the Inter-Blockchain Communication Protocol: IBC-Go.
- An informative round-up of Composable previous month’s highlights in the ecosystem.
Equilibrium
- Equilibrium has introduced its new utility token — EQ. It is a new advanced native asset that works on any blockchain bridged with Polkadot. EQ’s features include cross-chain compatibility, collateral liquidity and earnings on staking.
- Get Deeper Insights into the Equilibrium Ecosystem
- Introducing Equilibrium Strategic Investor: LD CAPITAL
Parallel Finance
- Technical analysis of the security of Parallel Crowdloan platform vs Competition
- Parallel Heiko now lets you Compound your Yield with the Money Market and Yield Farm in a Single Interface
- With more liquidity added to Parallel, they would like to remind users of their top-notch security protocols to ensure funds’ safety. Since its inception, there have been 0 successful attacks against the platform.Take a look at the auditing process here.
- Contributions are now live for Origin Trail’s crowdloan. Anyone contributing via Parallel will additionally receive PARA and cDOT rewards. Don’t forget to register for your stackable OTP bonuses.
- Parallel AMM Guide
Zenlink
- Zenlink Monthly Update (April 2022) is out.
- Zenlink’s X-Transfer now supports native USDT transfers from Statemine to Moonriver.
Privacy
Phala Network
- Phala Delivered Speech on Web 3 at amsterDOT, Participate in Phala Online Hackathon to Win Prizes
- Encentive & Phala Network Strategic Partnership Announced
- Phala Network and Dmail have reached an in-depth partnership on the construction of decentralized cloud facilities.
- Get to know PhalaWorld
Manta Network
Data
Crust Network
- Crust Network & Encentive.io Strategic Partnership Announced
- Crust Devlog | April 18th — April 24th, 2022
- Crust Weekly Stats. | Apr. 25th, 2022
- Crust Launches on Karura Swap With 3,000,000 CSM + 10,000 aUSD in Liquidity Mining Rewards
- Ankr’s lightening fast endpoint service now has been integrated into Crust’s cross-chain storage solution
- Recap of 1st Crust Network Hackathon in India
Dock
- Announcing the Beta Test of the First W3C Compliant Credentials Management App: Dock has invited its trusted community members to test new features and upgrades on Dock’s Mobile Wallet App. One of these new features allows users to store and manage verifiable credentials directly on their mobile devices.
- Blockchain for Decentralized Identity
- Dock’s website has just got a new look:
Ocean Protocol
- H2O, the non-pegged, decentralized stable asset backed by OCEAN, is now live on Ethereum mainnet. This is a major milestone, as H2O’s mission is to become the medium of exchange in the Web3 data economy.
- Demystifying Data Trusts as DAOs in the Data Economy: Kelsie Nabben, Researcher, RMIT on Data Trusts, DAOs and use cases of the Data Economy in DAOs
Oracle
Chainlink
- Announcing the Startup with Chainlink AMA Series: The new Startup with Chainlink Ask Me Anything (AMA) series offers builders the opportunity to receive insight and advice from industry-leading experts.
- April 2022 Recap: Val Kilmer’s NFT Project Integrates Chainlink VRF; 2022 Spring Hackathon Participants Enter “World’s Biggest Arena”
- 0bOptions Integrates Chainlink Keepers To Automate Its Five-Minute Prediction Rounds
- V2E Platform Cratos Integrates Chainlink Keepers To Automate Token Vesting For Its 300K Users
- MemeFlate Integrates Multiple Chainlink Services To Enhance Its Nontraditional Freelance Marketplace
- The Full Scope Of Chainlink’s Bespoke Oracle Networks
- Seven Key Takeaways From Sergey Nazarov’s SXSW Fireside Chat
- Daily Wrap-Up:
Kylin Network
Other
Subsocial
- April 2022 In Review: Dotsama Domains v1, redenominated token supply, and more.
- The Sussocial team is working on “Staking for Creators”. This will allow you to stake SUB to your favorite content creators, causing them to get rewards from protocol inflation. You will also get rewards for staking:
Humanode
- The Humanode team announced the dates of the first-ever Humanode Conference! Join them on Gather from May 30th to June 1st, 2022 for a few days of keynotes, lectures, seminars, games, conversations, and a whole lot of fun, focusing on the upcoming launch of Humanode mainnet, the project’s vision, partnerships, technology, and growing as a community
- Moreover, the team will host the first Humanode Hackathon on May 16th — 29th, 2022, and they invite all hackers and builders to participate.
- Humanode development continues all the way! During these two weeks, Humanode teams were working assiduously as always, making significant progress with current tasks. The progress was minutely shared in their regular development update.
Litentry
- Litentry has updated the documentation with a list of planned features after winning the auction. Features include a bidirectional token bridge, XCM, PoS collation & staking, Cooperation with PNS, and LIT utilities. See the full list.
- A new project is building on the Litentry Parachain. AdMeta provides ad services that value user’s privacy. Catch them in the metaverses soon.
Robonomics
- Robonomics launched Ambassador program and kindly invite you to cooperate and become Robonomics ambassador.
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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