Come On! Good Parachains, Impactful Content, & Chaos! (August 19th - August 25th)

What is up, my friends! The content generation power of WagMedia (WM) reminds us a little of Common Good Parachains, it empowers the community to benefit Dotsama.

Through WM we have witnessed content that has left a profound impact. For instance, the WM weekly that you are reading showcases news & content, as well as provides a helpful recap.

Some historic impactful content derived from WM are as follows:

• The legendary article “A Primer on NFTs for the Uninitiated” by @Pnin is a good way to introduce people to NFTs as well as RMRK.
• Quite a few within the community have used @Csaint’s fantastic overview called “Mass Adoption: A Composable Vision”, to help navigate some of the mind-blowing DeFi stuff coming from Composable.
• Videos provide a great way of learning @Le-Comte-de-Monte-Crypto via WM was inspired to create one that has been widely used by the Astar community.

Additionally, @Pnin, @Csaint, and @Le-Comte-de-Monte-Crypto have via WM found roles in creating content for The Kusamarian. Following a similar approach, Bifrost just announced they directly contacted some creators to start a long and fruitful partnership!

There are many other pieces of content that have left an impact. Perhaps you can leave a comment to let us know what you think?

Impactful relationships being formed via WagMedia

TOP NEWS OF THE WEEK

This past week we heard some exciting news from Parity about accelerating the development of Common Good Parachains. Joe Petrowski, technical integrations lead at W3F, posted this article in Polkadot’s blog focused on three main Common Good chains that the W3F sees as necessary as XCMv3 rolls out:

1. The Collective - focused on deploying a parachain to house the on-chain activities of a few up and coming collectives such as The Fellowship and The Polkadot Alliance which you can learn more about in the common good article linked above.
2. A Bridge Hub - As more technical gadgets and developments come to fruition, bridges between Kusama, Polkadot, Ethereum and more, are close on the horizon and therefore a bridge hub is in the works.
3. Statemine - further updates were outline in the article including taking workload off the relay chain and improvement of the NFT functionality in collaboration with RMRK, Phala, KILT and more.

Man, what a great sign that additional common good chains are coming into the ecosystem…right? Well, with all good there is always some…not so good, especially in decentralized ecosystems.

The biggest sore thumb comes from the Bridge Hub offering. Many teams in the ecosystem have been working diligently on bridging solutions within Dotsama for years now, including Darwinia (actually branded as a bridge hub) and Composable Finance. Darwinia stands out the most, especially since they have been one of the most overlooked projects in the ecosystem.

With full integration of Light Clients, bridges to major networks such as Polygon and Ethereum, and even interesting use cases such as Evolution Land already live on the network, Darwinia is an OG in the space.

Some are concerned that Parity seems a bit out of touch with a move like this. Granted, there are many facets to Parity, W3F, Polkadot and Kusama, and they are always growing, developing and moving forward; however, are they expanding at the expense of their earliest builders?

As Dotsama continues to grow, it will only get more difficult for the ecosystem to work in synergy, but this is the inherent strength of Dotsama. The synergy between parachains allows for infinite more potential than any monolithic chain in Web3. This could be an opportunity for Parity and the W3F to lean into those parachain teams and truly create an environment of collaboration and growth.

We can’t wait to see what’s next.

Speed Reading

The recent state of Kusama auctions! NOTE: chart is taken from parachains.info

Nitty Gritty

• Check out the Tinkernet demo video about the first version of INV4-Git, it’s a middleware tool for git hub file management and version control.
• Here is a fun story about Manta Network, which involves Ethereum and Cardano.
• Super interesting blog from Joe Petrowski about the common Good Parachains, and how they are crucial for shaping Dotsama. Covering the formation of collectives with fellowship and alliance in the future. Touches on the role of common Good Parachains, with the intention of Bridge Hubs being one.
• Want to know more about how EWT staking enhances security for energy grids? Here is a blog from the Energy Web team that gets into it, covering its Web Consortia Relay Chain.
• Nodle is using SubQueryto manage its products.
• Bittensor is an open distributed machine learning project, which is planning for a DotSama parachain slot by the end of this year. Check out the video here, for an analysis of the project. For further insight, here is an interview with its co-founder.
• In light of the Tornado Cash situation, Composable has decided to stop the development of Whirlpool Cash.
• Check out the comprehensive thread which explains InvArch's second Web3 Foundation Milestone, along with coverage details of the technology that it entails.
• Subquery’s Kepler Network coming to Karura soon. Kepler will act as the interim Canary network of Subquery, and eventually, its KSQT token will be exchanged for SQT tokens. Karura will support the aUSD/KSQT pair, airdrops to specific groups are imminent, and distribution of tokens for the heavily discounted private sale is also expected.
• GM parachain partners with Subsquid. They are working together on an open source block explorer, which will be first running on the GM parachain.
• Connext, an EVM bridge that connects Moonriver and Moonbeam to other EVM chains have announced changes to their v2 Amarok upgrade as the Nomad exploit has thrown a wrench in the works. Additionally, it appears the Uniswap Moonbeam proposal is very much on the back burner.
• Darwinia Crab Network has opened HRMP channels with Crust Shadow and will support each other's coins.
• Darwinia releases a detailed explanation of how their Relayer Fee Market works for cross-chain messaging using LCMP. It was presented at Polkadot Decoded with limited time to put together the full details.
• RMRK and Gear Protocol integration. This brings nested, equippable, multi-resource NFTs, to a developer base focused on building with WASM.
• Snow Network partners with Subsquid. The move will allow Subsquid to index contributions for the 51st Kusama auction which Snow is aiming to win.
• Nodle takes measures to strengthen its ecosystem, by locking treasury tokens which in turn limits circulating supply. Check out the thread here, where there is an embedded article for more details.
• Catch up on all things Litentrywith their weekly report.
• Check out Interlay's comprehensive ecosystem update - lots to recap on, it also includes the recent interview with Co-founder Dominik Harz by Jay/ The Kusamarian!
• Encryption services have been announced, as Crust partners with XX Network. XX Network is a privacy-focused and quantum-ready L1 blockchain. The partnership provides compelling Web3 storage with an encryption proposition.

Content creation

Creators have generated plenty of content about Bifrost's vKSM

• Check out the thread by @johnrhodel which covers Bifrost’s vKSM.
• @YuliKay created a video that explains BifrostRainbow Boost 3.0 in 1 minute.
• @pitcoin shares his thoughts with a clip on what Astar people do over a bear market.
• Educational content making machine @DrCAO with the following videos this week: SubWallet DotSama report and NFT competition, Several parachain updates, Bifrost update including Blockdaemon partnership, Heiko rewards update, a preview of Oak’s Polkadot CL (with article), Parallel Finance update on auto-routing & Aventus CL, a look at YoudleDAO NFT, a wrap up on BifrostRainbow boost, overviews of some DotSama NFT projects (with article), review of Crust crowdloan using Parallel’s liquid crowdloan product, and a tutorial on sending Litmus tokens to Mooriver.
• @Pnin drops a general warning tweet for the community based on recent scams.
• Check out this DotSama news thread by @Cris_Pap which is a catch-up of key news during his vacation period.
• @Everythingblockchain makes a thread about the Bifrost Rainbow Program.
• Here is a short Bifrost informational video by @YuliKay, it is based on the latest article about Kusama to Polkadot cross-chain transfer.
• @kryptoschain releases a video covering Acala AUSD updates, Turing listing, and Bitcountry final phase.
• Polkadot news update by @MaxTheo. Covers Tinkernet distribution, TUR/MGX LP bootstrap, and MoonFit App & NFT Mint.
• @YuliKay created an infographic about the recent partnership between Bifrost and Blockdaemon.
• Need an explanation on Astar dApp staking, then share the thread created by @pitcoin.
• @spacesmutje shares his helpful thread that is aimed at DotSama discord managers.
• Here is @kryptoschain’s video that summarizes Acala’s exploit.
• @JimmyTudeski wrote a thread about EnergyWeb and its participation in the proposal for securing U.S. Transmission System.
• Interesting thread by @JimmyTudeski about Parity Technologies teaming up with WatrProtocol over a platform to track ethical commodities.
• @bLd759 created an interesting clip about the light client. IPFS version here.
• Check out the thread here, about Shiden by @GreatTeacherKez. He suggests we get Swanky!
• @kryptoschain questions the future of Kusama’s canary networks in one of his latest videos.
• Great article produced by @DrSerayDot covering the life of Dr. Gavin Wood.
• @Everythingblockchain covers Kusama in this video here.
• GLMR News weekly recap of the Moonbeam/Moonriver ecosystem is created by @Bapt15ta.

Messages From the Treasuries

• Subsocial has added NFT Banner capabilities to SubID profiles. As of now, it is just Subsocial banners, but more are to be added in the future. They also had a recent Twitter Space with DOT Bulls - check it out here.
• Do you often post on Subsocial? Connect with the team here!
• Moonbeam continues to push their Connected Contracts campaign which you can learn more about from their recent Twitter Space. Check out their Hackathon announcement and crowdcast with Axelar to learn even more.
• Curious about the winners of their recent Boba x Moonbeam Hackathon? Here’s the announcement of winners or just a good ole list here.
• Finally, Moonbeam and Phala are now integrated and you can find xcPHA on Moonbeam through XCM and GLMR on PHA through SubBridge.

Crowdloan Updates

Kylin win the 25th Polkadot Auction

• Tinkernet tokens have been distributed. Additionally, you can also use the following dApp for claiming tokens as they elapse from the vesting period.
• Parathead 2130 won the 49th Kusama auction with a self-funded bid.
• Crust Network joins Polkadot Parachains auctions.
• Parallel looking to offer liquid crowdloan for both Aventus and Crustin the upcoming Polkadot auctions which start on August 29th.
• Snow released details of their new crowdloan. They are targeting the 51st auction on August 29th. Crowdloan cap at 15K KSM, with a 4K base reward, and linearly decreasing early bird incentive.
• Subsocial is taking a shot at a self-funded bid for Kusama auction 50. It’s a good opportunity if they can get it with their 1K bid.
• Kylin won the 25th Polkadot parachain auction, with 150K DOT raised from 1056 contributors.

What's in Your Wallet?

• New cross-chain transfers are available for DOT on Nova Wallet.
• Talisman has launched on the infamous Product Hunt site. If you are a Talisman user you could consider giving them an upvote. Or share your wonderful experience with a wider audience.
• Fearless Wallet has been doing some integrations, they now support Bifrost, Litentry, Phala, Composable Finance, Kabocha, and DataHighway.
• Product update from Subwallet. New networks include Amplitude, Integritee (both DOT and Kusama), DataHighway, and Ternoa. New tokens with DOT on Astar (native & EVM), and stables (aUSD & USDT) on Bifrost. There is a number of XCM transfers, and for NFTs there is support for Moonfit.
• Talisman is now supporting Joystream, which is a web3 streaming platform.
• @birdo covers how Talisman wallet is solving Polkadot’s UX problem in a medium article that he has written.

Talisman is now on Product Hunt (https://www.producthunt.com/posts/talisman)

AMA and IRL Events Round-up

• New KodaDot design, Basilisk, Moonriver, Moonbeam, and EVM are all covered in the weekly Meta Hours sessions held on KodaDot’s discord on August 24th.
• This past week’s Darwinia AMA was with Interlay. Here is a Twitter spaces recording from August 26th.
• SleepLess Collective held a 45min live-streamed DJ set test session on August 25th. Invites to the discord are fairly limited.

Translating DotSama

Some excellent translations and non-English original creations, which you may find fitting to share with family, friends, and neighbors around the world.

• You can find most of the Non-Anglo Content generated through WagMedia here.
• Translations are valued, and the following article about Bifrost & Blockdaemon partnership has been translated to Chinese by @AliceWen, and Portuguese by @johnrhodel.

NFTs and the Metaverse: The Heartbeat of Dotsama

Plenty of NFTs projects mentioned this past week, can you identify which ones?

• A new Aztec Archiverse pyramid is here, and the team has launched a Skybreach Land Contest. You can bid on the first pyramid in the Chaosama discord channel. Explore the pyramid virtually.
• The DEO Arena Game of Sora has started, with prizes in $XOR.
• Kodadot's white version for mobile devices is coming, and a new update on what’s new was released. Additionally, KodaDot will have guilds for artists, writers, or developers. They’ve been building towards EVM support as well.
• Bit.CountryDiscovery Episode 11 is joined by Echo Guo, CEO and Co-founder of MetaDojo. There are also new avatar wearables, wings and medieval armor, as well as new skies, are now available. The top 100 Metaverses were curated, and winners will be selected by team members of other parachains. They also tease a big update, which was probably the NEER token transfers opening.
• Governance NFTs Ref 192 dragons had 58 dragons meet the requirements and grow, giving luck boosts. Ref 219, 220, 221 were sent to wallets.
• Following migration to Singular 2.0, RMRK Bulls announced staking rewards for RMRK Bull holders with payouts every 3 months.
• The final YoudleDAO tickets were listed as a batch of 700 for sale at 1KSM each.
• Raresama’s first collection is ready and will be revealed on launch.
• Some Sneak peeks on Evrloot's NPCs.
• The first wave of DinoxDino item equipables were airdropped. Gods, Angels, Royals & some guardians have received items. A second wave of airdrops will happen this week to other guardian dinos. Owners of DinoXDinos can burn a soulbound badge to enter a raffle for a Momo & Yeti raffle on ETH.
• DPS’s new minigame, Liar’s Dice is a real-time game, with doubloons available for use in betting.
• To celebrate Punks for the People Substrapunk reveal, Unique Network is doing a community writing competition.
• Parachain mascots has dropped on singular (art for art, no utility) at 10ksm per.

Content creation

• @DrCAO does a Dotsama Deep Dive on Subwallet and the Serpenator NFT Challenge!
• He also covers YoudleDAO and how to get the Youdle Ticket. Finally, there’s an additional subsocial with some brief updates on NFTs in Dotsama, with accompanying video.
• @TheFVK takes a quick stroll through Skybreach showing how communities and users are taking advantage of Skybreach's visual layer utility.
• @AlphaAirdrops makes a video on EvolutionLand.
• @KryptosChain covers Bitcountry and Neer token.
• @MaxTheo creates a comprehensive Moonfit video.
• @Cris_Pap Discusses Pondsama, and the different Skills, Passives, and other in-game mechanics.
• @pnp has a short thread on allocating ASTR to Astar Cats dAPP staking.

And don’t forget the daily RMRK Recaps from @MARI0:

Aug 19, Aug 20, Next 4 days.

DeFI

Stablecoin woes, as aUSD and XSTUSD continue to depeg! 

• Bifrost’s TVL for vKSM is increasing, plus the rewards at redemption have increased, too.
• Now Avault (on Astar) is listed on DeFillama’s yield page.
• Moonriver and Moonbeam farmers on Zenlink will need to migrate liquidity in order to continue earning rewards.
• Moonwell Artemis governance is live (on Moonbeam).
• HydraDX team has written a piece that outlines how they plan to avoid the recent failures in DeFi.
• Equilibrium opens registration for its closed beta
• Thanks to XCM channels, Oak’s token $TUR has launched on Mangata X.
• XSTUSD, a synthetic stablecoin on SORA, depegged to 0.66 USD.
• Parallel Heiko addresses the discrepancies between the published vs actual APY for liquid staked KSM.
• aUSD Update:
  1. Acala’s updates their FAQ, explaining that the aUSD situation does not affect lDOT or lcDOT.
  2. And, Acala has posted a new update regarding the 51M aUSD error mints.
  3. Just in case you missed it here is the updated article from the Acala team on the aUSD situation following the various traces.

Content creation

• @DrCAO provides valuable educational videos and complementary articles covering a number of things. This week, a thoughtful overview of Crust crowdloan rewards.
• @PNP will cover anything Polkadot, including an insightful thread on Taiga’s 3USD and a weekly update on Astar.

Governance

Kusama referendums this past week cover Runtime and HRMP

• Referendum 224 to remedy the HRMP channels between Robonomics and Statemine is unanimously passing.
• Referendum 225 is being voted on at this time as well. So far so good for the most recent upgrade to Kusama’s runtime.
• Since RMRK is sufficient on Statemine, Referendum 223 allows for RMRK to be used as XCM transfer fees AND enables RMRK to support Statemine NFTs….will RMRK be used for NFT purchases next?
• Phala is looking to decentralize further by expanding the number of council seats to 8.
• A proposal has been posted to open HRMP channels between Astar and Moonbeam.
• Check out Centrifuge’s most recent governance call, courtesy of @DrCao, and fill out the form in the video’s link to get a POAP NFT.

Rumors & Alpha

Do Your Own Research! These finds are unconfirmed alpha in Dotsama:

• ZachXBT has tweeted about Bribe protocol potentially rugging and abandoning socials. With this supposedly being part of the Composable ecosystem, the drama with brainjar has been rehashed. However, it also appears that old tweets and articles have been deleted. According to the Composable team, the Bribe team operated independently.
• There are some rumors of Tesla working with EWT, here is a video, here is a thread, and those that follow Chico Crypto will know that he has speculated it.
• Along with the Sora bi-weekly update, the team announced the following on Telegram. The recent de-peg of its stablecoin following the dramatic fallout of Luna has raised some eyebrows.

Beginner’s Guide

New to Polkadot? Or maybe you have some friends who keep coins on a CEX but haven't become a part of a community yet? Share this with them to get them started! It will be updated weekly with new content and is open for changes. Feel free to leave a comment and I'll add content that's needed.

The Hitchhiker's Guide to Dotsama

Another mind-blowing week! Our WagMedia discord is the primary source for most of the content in this newsletter – thanks a ton fam! These are just the highlights, for more in-depth news join the discord and get incentivized to learn more about the ecosystem and provide news, alpha, and content to us all. As always, I’m open to feedback and I hope you find this helpful. Looking forward to yet another week of exponential growth in the DotSama ecosystem.

What is WagMedia?

WagMedia Discord.

Jay Chrawnna’s The Kusamarian channel provides us all with extremely entertaining updates on everything DotSama. Here is the playback listing of the past week:

1. aUSD Billionaires, Stable Coins, Bridge Pain, NFTs, Parachains, & Governance - SER, Have ya Heard?
2. Mint and Level up your PhalaWorld Spirit NFT - Changing NFTs with Off-chain Actions.
3. Launching Bitcoin on the Polkadot Network with Interlay's Dom Harz - Space Monkeys Podcast 065.
4. Are Music NFTs the New Standard of Publishing? - P-Ninja in da' Streets.
5. OmniBTC and 6 Other Projects Walk into a Parachain - Csaint's Alpha Shots.

Looking for more to read, why not check out the other works by the Wag Weekly Squad: Pnin, Csaint, Jb_blah, and Dodow.

Tips appreciated

KSM

GL85fwNiFfUqkCcmtrq7eD5DphB1QWJrxkgMme5qdSuFfap

Metamask

0x66b9f30B38Cb6d61374D15D8A9D220561E715995

KodaDot announces their first bounty campaign that focuses on translations