Polkadot Ecosystem Weekly Digest. January 24–30

Polkadot News
Polkadot News
Published in
5 min readJan 30, 2022

Polkadot/Kusama

Bifrost

Bifrost has started a 7-day Litmus (Litentry’s canary network in Kusama) Liquidity Farming. A total of 5500 BNC are waiting for the participation of Litmus voters. Get involved now.

Darwinia

Crab Network won the 22nd Kusama parachain auction, parachain ID 2105. In one month, Crab Network will complete connecting with Kusama Network. The reward claim conditions will be announced.

Composable Finance

  • Composable Finance integrates with IndexZoo to enable cross-layer crypto indexes powered by Mosaic. As a permissionless decentralized crypto asset management platform, Mosaic’s integration with IndexZoo will provide the latter with easy access to transfer liquidity across various L2s to trade their unique products.
  • Composable Finance brings zkSync into its cross-layer capable solution, integrating this major scaling platform with Mosaic.
  • In preparation for Mosaic’s Phase 2 launch, Composable Finance announces the conclusion to its Angular emissions program. Users who participated in the initial vault strategies will soon be able to migrate their assets to Mosaic once Phase 2 goes live in February.
    In addition to the fees that liquidity providers (LPs) can earn from users transferring tokens via Mosaic, Composable will be incentivizing asset migration with over 80% APY in boosted rewards on stablecoin and wETH vaults.

Evanesco

EVA team will launch the Web3 decentralized EVA computing platform based on the unique Layer0 Network infrastructure, which providing stable, safe, timely and cost-effective computing power services for GameFi, NFT, and Privacy Computing.

EVA computing platform converts Layer0 node’s computing power into NFT, which provides computing resources to developers with subscription and burning NFT modes. EVA computing platform also deploys customized computing strategies for developers, in which developers are able to obtain the running computing power synchronously or asynchronously.

Moonbeam

Zenlink

  • Zenlink partners with Nomad. Nomad was the first bridging solution to deploy their contracts to Moonbeam. With Nomad, institutions and end-users alike will be able to send value and call data between the Ethereum and Moonbeam ecosystems. This allows Ethereum and other EVM chains’ ERC-20 tokens to be available on Moonbeam, and subsequently the entire Polkadot ecosystem via XCM.
  • The 4th cycle of trading mining rewards claiming on Bifrost is now available. With Bifrost network connected (using PolkadotJS), and follow the steps from this post and claim it here.

Calamari

The CalamariNetwork Runtime Upgrade 3.1.2 is now up for community vote! Take your KMA and vote to get the collator program launched!
Vote here: https://t.co/CqJegLgXPJ

DOCK

Dock updates automatic staking payout after each era. Validators and stakers will no longer have to manually request a rewards payout. The payout will occur automatically after each era. Rewards will be paid to the winning validators and their stakers accounts after each era, automatically.

Astar / Shiden

  • The Astar/Shiden Network will become the first parachain with IBC interoperability to both transfer and receive cross-chain assets to and from any Cosmos chain.
  • Astar Network announced a $22M strategic fundraise with participation from Polychain, Alameda Research, Alchemy Ventures, Animal Ventures, Crypto.com, DFG, GSR, ROK Capital, Vessel, Injective Protocol, and angel investors.

SORA

  • Sora announced the new app release, with built-in Polkaswap functionality. This new release is available for Android now, with iOS coming very soon.
  • Bifrost Finance now supports the SORA Kusama crowdloan. Bifrost will help SORA crowdloan participants access liquid derivatives of staked KSM and introduce the Slot Auction Liquidity Protocol (SALP). Try it now after checking the details.

Acala / Karura

  • Acala is now launching, on Polkadot, the first layer-1 blockchain platform customized for DeFi. Here are 10 facts you should know about Acala Network.
  • Acala Network proposes to open hrmp communication between Kintsugi and Karura Network.

Litentry / Litmus

Litentry is participating in the Kusama Parachain Auction in parallel with its current Polkadot auction bidding. Litmus will be a canary network that connects to the Kusama ecosystem, while the Litentry MainNet will connect to the Polkadot ecosystem. Details.

Centrifuge / Altair

Congratulations to Centrifuge on winning Polkadot’s eighth auction. Centrifuge will be onboarded at block #9,388,800 (roughly March 11,2022) at the beginning of lease 7 with the other winners from auctions 6–11. Over 15K network stakeholders locked up DOT in favor.

Parallel / Heiko

PARA rewards will be delivered to contributors on approx Jan 31st. Distribution of PARA rewards will begin at Block #295650, 5.625% of rewards paid initially and remaining rewards vested over 24 months. See more.

HydraDX / Basilisk

HydraDX will be transitioning towards a two-token design once it hits mainnet as a Polkadot parachain. By separating the pool token LRNA from HDX HydraDX will be able to incentivize actors without necessarily granting them governance rights. Read about.

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Polkadot News
Polkadot News

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