Polkadot Ecosystem Weekly Digest. January 15–21/2024
Web3 Foundation
Distractive Receives Inaugural Grant: Distractive was named the inaugural recipient of a Decentralized Futures Grant, signifying the Web3 Foundation’s confidence in its capabilities and commitment to the Polkadot ecosystem.
Acala Network
Euphrates Platform for DOT Staking: Acala Network introduced several initiatives on its Euphrates platform:
- Users can check their contributions to the crowdloan.
- Starlay Pool Staking is live, offering ACA rewards for staking DOT or LDOT.
- The platform provides a guide on tracking crowdloan unlocks and maximizing DOT yield through various staking pools and strategies.
Astar Network
- Ecosystem Agent Program: Astar Network highlighted its “Ecosystem Agent Program,” which educates participants about Web3. Testimonials indicate its positive impact on understanding the ecosystem.
- Community Growth Milestone: Astar Network celebrated surpassing 650,000 holders and 3.4 billion ASTR staked. Their growth is attributed to incentives for teams to build new products on the network.
Moonbeam Network
- The network marked its 2nd anniversary with a detailed report and statistics, highlighting milestones and growth.
- Moonbeam announced several referenda for community voting, including asset registration and network upgrades.
- Collaboration with StellaSwap and Acala Network for the DOT Ignite liquidity program.
Centrifuge
- Tokenized Asset Coalition Involvement: Centrifuge shared their involvement in the Tokenized Asset Coalition (TAC), highlighting their contribution to the inaugural State of Tokenization Report. This coalition aims to create an open, fair, and transparent financial system.
Litentry
New Year Campaign Winners Announced: Litentry revealed the winners of their New Year Campaign.
Nodle Network
Click App Launch: Nodle Network announced their new app, Click, which focuses on delivering truthful content. They also upgraded their Nodle Explorer and introduced major updates for Smart Missions on the Nodle Network. Source
SORA
Polkadot Parachain Auction Win: SORA celebrated winning the 59th Polkadot parachain auction. They also detailed the Apollo Protocol operating on the SORA Network, discussing its multiple functions like governance, staking, farming, and protocol rewards.
SORA also highlighted its collaboration with the Central Bank of Solomon Islands for a CBDC PoC, aiming to boost financial inclusion using blockchain technology.
HydraDX
WBTC/iBTC Stablepool Launch: HydraDX announced the launch of their WBTC/iBTC stablepool, promising lower slippage on BTC trades. They also celebrated the DOT unlock from their first crowdloan with Bifrost, introducing Yield DCA and Liquidity Mining for DOT.
Manta Network
Binance Listing and Developments: Manta Network became the first ZK L2 to be listed on Binance. They highlighted their project, “Manta Pacific,” as the first Ethereum L2 with Celestia underneath, significantly saving users in gas fees.
Integritee Network
Focus on Privacy and Blockchain: Integritee Network emphasized the importance of private transactions in blockchain for user empowerment and system resilience. They also discussed the role of CBDCs in the financial and crypto industries.
Bitgreen
Renewable Energy Initiatives: Bitgreen reported on New York’s initiative to replace gas pipelines with clean heat for buildings. They also shared insights on natural wonders like Iguazu Falls and Table Mountain, underscoring their commitment to environmental sustainability. Source
OAK Network
Automation Hub Launch: OAK Network announced the launch of its Automation Hub, offering features like Auto-Pay, Stake & Compound, Auto-Bridge, and Task History for Moonriver, Shiden, and Turing Network users.
Nova Wallet
New Features and Updates: Nova Wallet released version 7.7.0 for Android, introducing features like Delegated Authorities (Proxied Accounts), support for the upcoming Polkadot staking update, and various optimizations.
InvArch Network
Saturn Multisig Protocol: InvArch Network showcased Saturn, an omni-chain multisig protocol, aiming to enhance on-chain collective asset management. They also promoted the Damned Pirate Society DAO and SpacerDAO, expanding their DAO offerings. Source
StellaSwap
DOT Ignite Program: StellaSwap launched DOT Ignite, a liquidity program for DOT LSDs on Moonbeam Network, with ecosystem incentives for various pools. They also announced a new dedicated program for their Moonbeam-native LSD: stDOT.
Pendulum
Cross-border Payments with Stablecoins: Pendulum emphasized the increasing role of stablecoins in cross-border payments, referencing Visa’s efforts in this space. They also concluded the Pendulum Product Pioneers 2 event, highlighting the ongoing evolution of their platform.
Bit.Country
- InnoVoy Campaign Launch: Bit.Country announced the kickoff of the first campaign of InnoVoy Event with BitAvatar.io. This marks the beginning of the journey leading to the MNet Continuum blockchain launch on Polkadot.
- BitAvatar Customization Options: Bit.Country introduced four ways to create a BitAvatar: using a current profile picture, a 3D Avatar Customizer, uploading any image, or using experimental AI templates. This initiative aims to redefine avatar customization in Web3.
