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Polkadot News

Polkadot Ecosystem Weekly Digest. Jan 9–16

Polkadot / Kusama

Bifrost

  • Enjoy the decentralized experience of liquid Crowdloan: learn more about how to get supported from SALP.
  • “Approving Bifrost’s HRMP channel request with Statemine” proposal has passed and has been executed. This is an improvement on the last two HRMP channel opening proposals, which modifies weight and fee for execution. Learn more.

Zenlink

  • Zenlink is now live on the Moonbeam Network, and a yield season will begin. Zenlink will provide liquidity incentives for GLMR and assets cross-chained from other blockchain networks to the Moonbeam network. Check out the amazing APR that Zenlink DEX offers.
  • Zenlink’s total volume has exceeded $600 million.
  • Zenlink and Celer Network to support bridging assets to Moonbeam Network. A $400K “GRAND Opening” liquidity mining session is now LIVE with ZLK + CELR + GLMR multiple rewards offered. Read more.

Efinity

Short About: Efinity, by Polkadot News.

Robonomics

Robonomics parachain live network on Subscan now.

RMRK.app

  • RMRK.app became an official sponsor of The Crab Hackathon. Darwinia Substrate-to-Substrate bridge and NFT bridge will also help expand RMRK NFT utilities across the Dotsama and Ethereum ecosystem.
  • Watch this video to learn how to track NFT assets and DeFi activities in the RMRK NFT market.
  • A brand new utility for RMRK tokens: community curation and plagiarism reporting of collections. Test period has already started.
  • Check out the proposal to list RMRK on Karura Network as a DEX pair with a bootstraping LP period.

Phala / Khala

Now you can vote for Phala Crowdloan directly on Parallel Finance. More details about this and other updates are available here.

Litentry

  • Litentry invites the community to test Drop3 — a decentralized cross-chain airdrop protocol with over 3000 LIT as rewards.
  • Litentry Polka SignIn, along with two other Litentry incubated projects Web3Go (data analytics) and adMeta (privacy-preserving ad), were awarded Web3 Foundation Grants . Congratulations!

Astar / Shiden

SORA

SORA will be participating in Kusama Network Parachain Slot Auctions from January 20th with additional contributor rewards from RMRK.app (top 100 crowdloaners will be rewarded with a special Kanaria-compatible NFT) and Ceres Token (first 5k KSM contributed will get 2 DEO per KSM). Check the details.

Unique / Quartz

UNQ token sale closes with over $11 million in contributions from 7,900 supporters.

Crust Network

Moonbeam / Moonriver

  • Moonbeam has completed its launch process to Polkadot. During the last launch phase, the super user key (Sudo) was removed, EVM & balance transfers were enabled, and the active set of collators was increased to 48. Successful launch follows a broadly supported crowdloan campaign hosted by the Moonbeam Foundation. 35M+ DOT tokens (~$944M USD at the time the crowdloan ended) were contributed from 200k contributors worldwide. Here you can see how to claim your crowdloan rewards.
  • Now GLMR token holders can stake with collators, claim crowdloan rewards, and serve as active network members by participating in the onchain governance system. Details.
  • Multichain has integrated with Moonbeam Network Ten assets can now be bridged between Moonbeam and Ethereum seamlessly.
  • Moonriver now has new functionality that adds native cross-chain token capabilities. This marks the introduction of XC-20s to Kusama Network, a new type of interoperable token that conforms to the ERC-20 standard but is also a Substrate-native asset.

Clover Finance

  • Ahead of Parachain Auction Reward distribution and Clover Network Bootstrap, Clover Finance announced that CLV staking is enabled. Learn about CLV Staking and more details here.
  • Clover has announced distribution of CLV crowdloan reward.

Composable Finance / Picasso

Composable Parachain is realized. They achieved slot #8 in the second batch of parachain auctions on Polkadot.

Parallel Finance / Heiko

Parallel will no longer distribute rewards on behalf of crowdloan projects.
Moving forward all 3rd party crowdloan rewards will be transferred directly to give crowdloan projects more control over their reward distribution. This will not change much for the user in terms of actions on Parallel: no delays by streamlining the reward distribution process. Users will still receive PARA and cDOT from using Parallel.

HydraDX / Basilisk

A crowdloan update from HydraDX: their ambition is not to overpay for the slot. They have thus decided that it is best to update the target of their crowdloan to parachain slot #9 (previous target was #8).

Equilibrium / Genshiro

  • News for xDOT voters: xDOT was distributed for Efinity. Check your balance!
  • Genshiro has bridged with HECO Chain. It’s the first practical DeFi use case for DOT by way of hDOT. Bridge hDOT, use it as a collateral and borrow actual DOT then. Use those tokens to participate in Polkadot crowdloans.

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Polkadot News

Polkadot News

Polkadot Ecosystem: Weekly Digest and Projects overview. Polkadot Ambassador.