DotLeap 42: Crowdloans consume over 500,000 KSM and the arrival of the first cross-chain NFTs

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Polkadot Updates

🔴 ⭕️ Relay Chain

How about that? 2 weeks with a smooth running relay chain and no problems to report. Long may it continue…unless we have positive updates 😁

🔴 🏛 Governance

🔴 ⛓ Parachains, dApps, and others

Kusama Updates

🦅 ⭕️ Relay Chain

  • Parity made a recommendation on the timetable for the first five Kusama auctions and Kusama's governance approved. The first parachain auction on Kusama will begin Tuesday, June 15th, 2021, and run for approximately 1 week, with a new auction taking place each week. (Those who want to participate in crowdloans should note that they’ll need 7 days to unbond any KSM they want to contribute to a campaign. Learn more about Kusama auctions and crowdloans here, and in Shawn Tabrizi’s talk from Polkadot Decoded 2021).
  • There are now 11 parathreads registered as potential parachains, of which 9 are actively running a crowdloan.
  • Over 504,474 KSM have been locked in crowdloans (approximately 4.5% of the current supply).
  • In response to the start of crowdloans, the staking rate has continued to decrease on Kusama and is now at 47%.

🦅 🏛 Governance

🦅 ⛓ Parachains, dApps, and others

🔩 Core Stack

  • This is a pull request by Shawn Tabrizi that would allow creating crowdloan credits—vouchers you can give to other people which they can redeem for DOT or KSM which can only be used for crowdloans.

🛠 Tools

  • Polkadot JS Apps UI is at version 0.92.2, allowing bidirectional Kusama - Statemine asset teleportation and showing teleport fees. It also marks dead endpoints as unreachable (cronjob test), fixes some crowdloan displays, and more.

  • Polkadot JS Extension is out with 0.38.4, with support for signing of raw data via Parity Signer. It also has a backwards compatibility break with previous sign/verify implementations like this one, in that all raw bytes are now wrapped in a Bytes tag.

🤝 Community News and Articles

👷‍♀️ Jobs in Web 3.0

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That's it for this week. We hope this was as useful for you to read as it was for us to write! Many thanks to Bill Laboon for his daily digest, which helps us not miss some important updates!

The Dot Leap is put together by Bruno Škvorc and gbaci. Got any links for Bruno for the next edition? Find him on Riot at @bruno:web3.foundation, on Twitter, or via email at [email protected].

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gbaciPost author

Content lead at RMRK.app and lover of $DOT

A fortnightly-ish newsletter about all things Web 3.0 from the Polkadot side

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A fortnightly-ish newsletter about all things Web 3.0 from the Polkadot side