Polkadot: Parallel Finance won Polkadot’s fourth parachain auction, Encointer has been added as Kusama’s 2 common good parachain, Zeitgeist is being onboarded as Kusama’s 19th parachain, The fireside chat with Gavin Wood & Edward Snowden, Clover to help Polygon to bridge to Polkadot, Humanode Testnet V2 ‘Shamshel’ is live, Manta released the Dolphin testnet, Phala Network launched Fat Contract, Composable Finance introduced ‘Mural’, and more!
Biweekly update on the Polkadot ecosystem vol. 26, 2nd December — 16th December
TL;DR
- Congratulations to Parallel Finance on winning the 4th Polkadot parachain auction! Parallel will be onboarded at block #8179200 [December 18] at the beginning of lease 6 with the other first 5 auction winners. Over 4K network stakeholders locked up DOT in favor!
- With a few hours to go in the current auction, Clover is in the lead. They have been in the lead for approximately 75% of the time in the Ending Period
- The next batch of five parachain auctions will begin 23 December 2021
- The Polkadot Council has approved Motion 131 to upgrade the Shell parachain to Statemint. The next step is for this to be a public referendum, voted on by all DOT holders
- Referendum 158, to add Encointer as Kusama’s second common good parachain, has passed community vote
- With two days left in the current parachain auction, Sakura has been in the lead during the entire Ending Period
- After winning Kusama’s 17th auction, Zeitgeist will be onboarded as Kusama’s 19th parachain [17-auction winning parachains, plus Statemine & encointer] at the start of lease 18. Over 4.8K stakeholders locked up KSM in favor
- Missed the fireside chat with Polkadot founder Gavin Wood & Edward Snowden? Watch the recording to dive into the discussion on the evolution of the decentralized internet
- Bifrost announced its support for the Nodle crowdloan, A crowdsourced decentralized IoT network
- The Centrifuge Crowdloan for the DOT auctions is now live. Q&A transcript on the first permissioned market for real-world assets built on Aave and Centrifuge was published
- The Robonomics Kusama crowdloan is now live. For every 1 KSM contributed, get rewarded with 4.20 XRT! Rewards are unlocked linearly over the 12-month period
- SherpaX testnet already launched, PCX holders could check how many KSX you could get
- To accommodate the new design of the cross-chain message protocol, Darwinia needs to update the light client accordingly. Recently-published article introduces the new design of the BSC light client on Darwinia. Also, as the release of Bridger is just around the corner, the Darwinia team makes a tutorial on how to run your own Bridger node to help get you familiar with the process
- The Interlay Polkadot crowdloan is live
- Clover announced that they will help Polygon to bridge to Polkadot, integrating quality assets and dApps in the Polygon ecosystem to the Polkadot ecosystem. Also, the team announced the partnership with OEC — a public blockchain independently developed by world-leading digital asset exchange OKEx
- Kabocha is developing its every stage through public discussion with the Edgeware community. A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem are out
- With the new Moonriver Network runtime upgrade, each round is increased to 600 blocks (previously 300 blocks), and the exit delay is extended to 24 rounds (approximately 48 hours) from two rounds (approximately 2 hours). Moonriver has rapidly become an NFT hub in the Kusama Network. Let’s highlight a native pirate-based NFT project in Moonriver called Damned Pirates Society
- Acala Foundation proposed opening a bidirectional HRMP channel between Karura Network and Statemine
- The information you’ve been waiting for on Equilibrium’s Polkadot crowdloan has been published
- Crust to participate in the 2nd batch of Polkadot auctions. Crowdloan is live. On top of that, Crust cooperates with Equilibrium for the upcoming Polkadot Parachain Auctions
- The Robonomics Kusama crowdloan is now live. For every 1 KSM contributed, get rewarded with 4.20 XRT! Rewards are unlocked linearly over the 12-month period
- Humanode Testnet V2 ‘Shamshel’ is live. The Testnet V2 has features such as forkless runtime upgrade, cutting-edge proof-of-human-existence protocol, Aura consensus, support of thousands of human nodes at any given time, user-friendly UI to launch a human node locally or in the cloud. Only a week after the release, ‘Shamshel’ has >400 nodes running
- Shiden announced that AirGap (Wallet) got approved for the Shiden Builders Program. The development is split into two phases: the integration of Shiden and then building on that foundation for Astar Network. Furthermore, tofuNFT launches on Shiden Network
- cBridge liquidity mining session one was launched on 12/15/2021. Also, cBridge to be integrated into ChainSwap’s cross-chain aggregator
- Composable Finance introduced ‘Mural’ — their cross-layer NFT transferral protocol. Picasso collaborated with YumiArtsNFT to showcase a “Picasso” inspired NFT created using RMRK
- Basilisk crowdloan rewards have been distributed. All transfers between BSX wallets are frozen until the LBP has been conducted
- Zenlink has plenty of news for the last two months: tokenomics launched, deployed on Moonriver Network and Bifrost Finance, completed IYO and enabled ZLK transfer, partnered with Moonbeam Network & Anyswap Network. Moreover, ZLK/KAR Bootstrap and Liquidity Incentive Program to be launched on Zenlink DEX
- Phala Network launched Fat Contract — a smart contract product based on the Phala Network privacy contract concept. This is a new type of smart contract product that focuses on serving Web 3.0 back-end function-level services
- Manta released the Dolphin testnet. Dolpin is the testnet for MantaPay (Manta Network on Polkadot) and MariPay (Calamari Network on Kusama). On Dolphin, users will be able to try out privacy payment services, which will be similar on Manta and Calamari
- StaFi Protocol rToken App has integrated Tidal’s insurance services for rETH holders
- Raze Network announced a monthly RAZE THE STAKES campaign to encourage community engagement
- SpiderDAO and BOTLabs GmbH, the company that initially developed KILT Protocol, announced that identities composed of DIDs (Decentralized Identifiers) and VCs (Verifiable Credentials) using the KILT Protocol will be integrated into SpiderDAO’s range of routers
- Gemini and Chainlink Labs showcase multi-chain opportunity with new wrapped asset functionality
- Kylin PCHU is live
- OceanDAO Round 13 is live
- Dock’s Year in Review is out
- The staking rate on Polkadot has increased slightly to 54.0%
- Polkadot Accelerator Participants have been announced
- The proposal to decentralize Polkadot’s brand was approved on-chain by the Polkadot Council on January 4th, 2021
- The Closing Ceremonies for the Polkadot Hackathon: APAC Edition is this Saturday at 14.00 CET
- And more!
Latest Polkadot News
- Referendum 43, proposing to increase the number of validators in the active set to 400, has recently ended as not passed.
- With one day left of voting, Referendum 46, to upgrade the Shell parachain to Statemine, is passing unanimously.
- Bright Inventions has posted their new application to streamline interactions with the Polkadot and Kusama Treasuries.
Polkadot Is Ready for Parachain Launch, Auction Dates Proposed
Parachains are the diverse, specialized blockchains that connect to the Polkadot Relay Chain and constitute the ‘multichain’ aspect of Polkadot’s groundbreaking multichain architecture. They represent the final piece of core technology outlined in the Polkadot Whitepaper, and their launch marks the last stage of Polkadot’s multi-phase launch process, which began on May 26th, 2020 with the launch of the initial, proof-of-authority version of the Polkadot Relay Chain.
Batch 2
- Auction 6: Auction starts December 23rd, 2021. Ending period starts December 25th, 2021. Bidding ends December 30th, 2021. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.
- Auction 7: Auction starts January 6th, 2022. Ending period starts January 8th, 2022. Bidding ends January 13th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.
- Auction 8: Auction starts January 20th, 2022. Ending period starts January 22nd, 2022. Bidding ends January 27th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.
- Auction 9: Auction starts February 3rd, 2022. Ending period starts February 5th, 2022. Bidding ends February 10th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.
- Auction 10: Auction starts February 17th, 2022. Ending period starts February 19th, 2022. Bidding ends February 24th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.
- Auction 11: Auction starts March 3rd, 2022. Ending period starts March 5th, 2022. Bidding ends March 10th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.
Slot Auction Progress:
Congratulations to Parallel Finance on winning Polkadot’s second auction!
The next batch of five parachain auctions will begin on 23 December 2021.
Substrate
- The latest updates from teams in the Substrate Builders Program. The December 2021 milestone update introduces:
- 4 teams that have reached their 1st milestone:
- 1 reaching their 2nd milestone;
- and another reaching their 3rd and final milestone. - Substrate Monthly Ecosystem Technical Newsletter- November Issue
Kusama
- Participating in Crowdloans on Kusama and Polkadot: Information on how crowdloans work and how to safely participate has been posted on the Polkadot blog:
- There is a proposal from Composable Finance to bootstrap liquidity in the Kusama ecosystem.
Slot Auction Progress:
With two days left in the current parachain auction, Sakura has been in the lead during the entire Ending Period.
Awareness and Events
Missed the fireside chat with Polkadot founder Gavin Wood & Edward Snowden? Watch the recording to dive into the discussion on the evolution of the decentralized internet:
- Polkadot Hackathon: APAC Edition — Crowdcast: tThe Closing Ceremonies for the Polkadot Hackathon: APAC Edition is this Saturday at 14.00 CET.
- The first batch of parachains is close to launching on Polkadot. December 18th tune into the #PolkadotParachainParty online to celebrate this historic milestone for the Polkadot ecosystem.
- Announcing Polkadot Accelerator Participants: The accelerator is a 10-week, online accelerator taking the best hackathon and early-stage projects worldwide and helping them take the leap to become fully-fledged startups.
Finance
Polkadot markets (information from Coingecko)
Polkadot Ecosystem Market Cap (information from Dotmarketcap)
Roadmap
Current Phase: Parachain Rollout
The launch of Polkadot began a year ago with the first four phases; the last — a move to complete decentralisation and permissionlessness — happened finally at the end of July last year. Now, phase five, the final phase in the launch of Polkadot is beginning.
Future Upgrades
Polkadot upgrades currently under development include upgrades to XCMP (Cross-Chain Message Passing) and the launch of parathreads. These and any subsequent upgrades can be enabled by Polkadot’s on-chain governance community once development, testing, benchmarking, and auditing are complete.
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 SALP Supports the Nodle Crowdloan: Bifrost announced its support for the Nodle crowdloan, A crowdsourced decentralized IoT network. Bifrost is committed to providing liquidity to locked assets between multiple chains and establishing a liquidity bridge between heterogeneous chains.
- Tutorial on How to Participate in vETH/ETH Bootstrap on Zenlink: Anyswap has launched Bifrost vETH on December 1, supporting Ethereum and Moonriver bidirectional cross-chain. vETH, the first ETH2.0 derivative, entered the Polkadot ecosystem on December 10.
- #19 Referendum Proposal | Bifrost mainnet v0.9.12 upgrade, online vsBond market
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.
- The Centrifuge Crowdloan for the DOT auctions is now live
- FAQ: Centrifuge Crowdloan: Here are some answers to the most common questions about Centrifuge’s Polkadot parachain bid and crowdloan.
- Revealing the Centrifuge Crowdloan Rewards
- Real World Asset Market: What is it and how will it work?: Q&A on the first permissioned market for real-world assets built on Aave and Centrifuge.
- Centrifuge: Connecting Polkadot to a Limitless Market: What will a Centrifuge parachain mean for the Polkadot ecosystem?
ChainX
ChainX, a crypto assets gateway, is planning bridges to several networks and has implemented a BTC to Substrate bridge.
- SherpaX testnet already launched, PCX holders could check how many KSX you could get.
- 9 DEC | Ask Me Anything: How do we understand SherpaX and $KSX?
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 Highlight November | Monthly Recap
- 「Understanding Darwinia Bridge 1–6」The BSC Light Client for New Message Protocols: To accommodate the new design of the cross-chain message protocol, Darwinia needs to update the light client accordingly. This article introduces the new design of the BSC light client on Darwinia.
- 「Understanding Darwinia Bridge 1–5」A Hands-on Guide on How to Run a Bridger Node: As the release of Bridger is just around the corner, the Darwinia team makes a tutorial on how to run your own Bridger node to help get you familiar with the process.
- Meme Contest Award Announcement
- Against recent P2E blockchain game crash | How to build healthy Gamefi tokenomics?
Interlay
Interlay is building a trustless bridge from Bitcoin to Polkadot.
- Community Update
- The Interlay Parachain Crowdloan Opened on 14 December: Bitcoin DeFi is coming to Polkadot
Smart Contracts
Clover
- Community Update on Polkadot Parachain Auction: Clover aims to build a better multi-chain future along with their partners from all chains. Its infrastructure is also made ready for further support future’s new blockchains. Clover has in sight some major ongoing developments, integrations and announcements that should be revealed in due time after Parachain Auction closes.
- Clover × Polygon | Polygon and Its Ecosystem Projects to Expand to Polkadot Through Clover: Clover announced that they will help Polygon to bridge to Polkadot, integrating quality assets and dApps in Polygon ecosystem to Polkadot ecosystem.
- Clover announced their partnership with OEC — a public blockchain independently developed by world-leading digital asset exchange OKEx.
- GamyFi partners with Clover to integrate Clover Network & Clover wallet to GamyFi platform’s suite of gaming & NFT products.
Edgeware
- EDG Community Update: Week of December 6th: A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem.
- EDG Developer Update: Dec 5 — Dec 11, 2021: Keeping you up to date on all things technical related to Edgeware and more.
- Kabocha is developing its every stage through public discussion with the Edgeware community. This post outlines a potential crowdloan strategy for incentivizing the EDG community to also lock KSM in order to activate their balances.
Moonbeam
- With the new Moonriver Network runtime upgrade, each round is increased to 600 blocks (previously 300 blocks), and the exit delay is extended to 24 rounds (approximately 48 hours) from two rounds (approximately 2 hours).
- Moonriver has rapidly become an NFT hub in the Kusama Network. Let’s highlight a native pirate-based NFT project in Moonriver called Damned Pirates Society.
Scaling
Astar Network (previously Plasm Network)
- Shiden announced that AirGap (Wallet) got approved for the Shiden Builders Program. The development is split into two phases: the integration of Shiden and then building on that foundation for Astar Network.
- tofuNFT launches on Shiden Network
- KR1 plc: Investment Update: Astar (formerly Plasm)
Celer
- cBridge liquidity mining session one was launched on 12/15/2021: In this first 30-day session, 22,000,000 CELR tokens are planned to be distributed to liquidity miners across all of the various pools on the different chains.
- Celer Network x ChainSwap | cBridge to be Integrated into ChainSwap’s Cross-chain Aggregator
- Say NO to Vendor-lock-in: Calling for An Open Canonical oken Bridge Standard: In this blog post, the Celer team will discuss the various high security and ecosystem risks taken on by only using a single canonical token bridging.
DeFi
Acala
- Acala To Initiate Its Launch Process on Polkadot: After years of building and innovating, Acala has won the first parachain auction on Polkadot. Here’s what to expect on the launch journey.
- Acala Ecosystem Update — November 2021: Acala Wins the First Polkadot Parachain Auction, New Partnerships & Integrations Announced with OriginTrail, SubQuery Network & More
- Acala Foundation proposed opening a bidirectional HRMP channel between Karura Network and Statemine. This will enable crosschain communication between Karura and Statemine to enable various use cases including crosschain token transfer.
Composable Finance
- ‘Mural’ — Our Cross-Layer NFT transferral protocol: The Composable Finance team announced another powerful innovation to power creativity across the ecosystem. Mural is their solution to galvanize peaked interests in the NFT space and propel their adoption into the mainstream. They have brought together cutting edge technology from the composable ecosystem to power transfers and empower NFT (Non-Fungible Tokens) artists and collectors, helping them navigate and expand beyond current limitations.
- Mural Launch Celebration: NFT Giveaway Announcement
- Moonbeans integrates Composable’s Mural bridge: Expanding NFT creativity cross-chain and cross-layer
- Picasso collaborated with YumiArtsNFT to showcase a “Picasso” inspired NFT created using RMRK. To participate in the giveaway, follow ALL three steps in the poster.
Equilibrium
- Introducing Equilibrium’s Crowdloan Strategy: Up To 40% Bonus
- Equilibrium New Bonus Conditions
- Win 10,000 CRU and Get EQ Bonus with Equilibrium x CRUST
- Join Equilibrium & Genshiro Ambassador Program
- Genshiro application is officially listed in Ledger Live. Check out the comprehensive guide to enhance your experience . Also you still can join their Farm Fest with 50% APR.
StaFi
- StaFi Protocol rToken App has integrated Tidal’s insurance services for rETH holders. In order to incentivize the rETH holders to purchase the rETH insurance, the insurance premium will be only 1% instead of the 4% (yearly cost).
Zenlink
- Zenlink has plenty of news for the last two months:
- tokenomics launched
- deployed on Moonriver Network and Bifrost Finance
- complete IYO and enable ZLK transfer
- partnered with Moonbeam Network & Anyswap Network - Zenlink will support the vETH (the Bifrost Finance ETH2.0 derivative) entry into the Polkadot ecosystem. vETH/ETH Bootstrap Pool will be launched on ZenlinkPro DEX first, and users will be rewarded with ZLK for contributing to the Bootstrap Pool.
- ZLK/KAR Bootstrap and Liquidity Incentive Program to be launched on Zenlink DEX
Privacy
Phala Network
- Phala Released Brand-New Wiki, Officially Introduced Fat Contract | Phala Weekly Vol.62
- Introduction of Fat Contract: Phala Network launched Fat Contract — a smart contract product based on the Phala Network privacy contract concept. This is a new type of smart contract product that focuses on serving Web 3.0 back-end function-level services.
- KHALA REFERENDA 012 is open for voting. This is a proposal from the Phamily member l00k. He is proposing Khala to adjust tokenomics params to reflect the difference in block time.
Manta Network
- Manta released the Dolphin Testnet. Dolpin is the testnet for MantaPay (Manta Network on Polkadot) and MariPay (Calamari Network on Kusama). On Dolphin, users will be able to try out privacy payment services, which will be similar on Manta and Calamari.
- Find Manta Network documentation here and a video tutorial here.
RAZE Network
- RAZE THE STAKES: Raze Network announced a monthly RAZE THE STAKES campaign to encourage community engagement.
- Raze Partners with Polkalokr
- Raze Network Partners With TWO TWO
- RAZE: privacy all year round. More details here.
Data
Crust Network
- Crust to participate in the 2nd batch of Polkadot auctions. Crowdloan is live
- Crust Cooperates with Equilibrium for 3rd Party Crowdloan Channel
- Decentralized Websites With IPFS and Crust
- GRANDPA Proof Missing Results In BABE Fork and Transaction Suspension on Crust Network: a Post-Mortem
- Crust Devlog | December 6th — December 12th. 2021
- Crust Weekly Stats. | Dec. 13th, 2021
KILT Protocol
- SpiderDAO Announces Hardware Development Partnership with BOTLabs GmbH, Developer of KILT Protocol: SpiderDAO and BOTLabs GmbH, the company that initially developed KILT Protocol, announced that identities composed of DIDs (Decentralized Identifiers) and VCs (Verifiable Credentials) using the KILT Protocol will be integrated into SpiderDAO’s range of routers.
- How to Vote on a KILT Referendum
Ocean Protocol
- Ocean Protocol’s ($OCEAN) RSS feed integrated with Crypto.com’s price page: Through Crypto.com’s Ocean ($OCEAN) price page, you can now directly access Ocean’s RSS news feed.
- OceanDAO Round 13 is live: 200,000 OCEAN available for Web3 data economy projects
- OceanDAO Round 12 results: 28 projects funded; 5.5mm+ votes cast
Oracle
Chainlink
- Gemini And Chainlink Labs Showcase Multi-Chain Opportunity With New Wrapped Asset Functionality
- Creating a Highly Scalable and MEV-Resistant DeFi Ecosystem Using Arbitrum and Fair Sequencing Services: Learn how layer-2 rollup protocol Arbitrum is exploring Chainlink Fair Sequencing Services to help enable a scalable and fair DeFi ecosystem.
- HollaEx Is Connecting Businesses To DeFi With Chainlink Price Feeds
- AccuWeather Ushers In A New Era By Launching Its Own Chainlink Node
Kylin Network
- PCHU is live:
Other
Humanode
- Humanode Testnet V2 — Shamshel: The Humanode team launched Testnet V2 “Shamshel” on December 8th, 2021. The Testnet V2 has features such as: forkless runtime upgrade, cutting-edge proof-of-human-existence protocol, Aura consensus, support thousands of human nodes at any given time, user-friendly UI to launch a human node locally or in the cloud. For those, who haven’t applied yet, sign up for the Humanode testnet here. Only a week after the release, ‘Shamshel’ has >400 nodes running.
- How Humanode can be good for public goods
- Pseudonymous Biometric Identity for DAOs
- [Humanode Special Interview Series]: Max, project manager at Humanode; Edward, content specialist at Humanode
- In case you missed yesterday’s Fireside chat about Private decentralized biometric identities, here’s the recording.
- Humanode Dev Report 11: The Humanode teams shared some bullet points to shine some light on the exciting advancements that they have been working on:
Robonomics
- The Robonomics Kusama crowdloan is now live. For every 1 KSM contributed, get rewarded with 4.20 XRT. Rewards are unlocked linearly over the 12-month period. See details here.
MISC
- The proposal to decentralize Polkadot’s brand was approved on-chain by the Polkadot Council on Jan. 4th, 2021. Since then, an immense amount of research, strategy, and design development has been undertaken, outlining challenges and opportunities for the Polkadot brand —
- Polkadot Parachain Photobooth Campaign: To celebrate the upcoming parachains launch join Polkadot’s ParachainPhotobooth Campaign:
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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