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
- Wei Tang has written up some thoughts on improving Polkadot's governance and is soliciting feedback. Ideas include council aliveness checks, blind voting and explicit abstain in adaptive quorum biasing. Read the proposal and drop your feedback on Polkassembly.
- Figment's Treasury Proposal for DOT to use as incentives for the Figment Learn program is under consideration by the Polkadot Council as motion 85.
- The Polkadot Ecology Research Institute is seeking feedback for a proposal for reimbursing June - August operating costs.
- There are currently 21 tips seeking final authorization from Polkadot Council members.
🔴 ⛓ Parachains, dApps, and others
- Fearless Wallet has launched a new version of its mobile wallet app. Now it includes DOT & KSM staking, phishing protection, history improvements, MoonPay support for buying DOT tokens, and more.
- Kylin Network, the decentralized data protocol, announced a partnership with Wanchain to bring together Wanchain’s industry-leading blockchain interoperability solution with Kylin’s innovative cross-chain data services.
- The Edgeware community voted to produce a new community film through an experiment in decentralized contribution that brings together the Edgeware Agency (Edgeware’s DAO) and Lemonade Money, a creative collective based in London.
- Plasm Network announced a partnership with Doublejump Tokyo, the largest NFT content creator in Japan. This partnership will expand the ecosystem of Plasm and Shiden by introducing NFTs.
- HydraDX, MathChain, Unique Network, and Kilt Protocol complete milestone 2 of substrate builder’s program.
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
- Polkashots, which stores snapshots of Kusama and Polkadot databases, is looking for feedback for a potential proposal to integrate IPFS and cover operating costs.
- There are currently 17 tips still seeking final authorization from Kusama Council members.
🦅 ⛓ Parachains, dApps, and others
- RMRK, the NFT standard for Polkadot and Kusama, has announced a successful $6million raise.
- Zenlink postponed the launch of Zenlink SlotVault, and it is expected that it will not be launched during the first parachain slot auction.
- Сrust Network published a lightpaper for Shadow, their canary network on Kusama.
- After breaking Kusama last week, the RMRK team are running another contest. Thankfully, this time it’s an art contest and the entries so far have been terrific. Check out some cool entries here.
- RMRK and Unique Network teamed up to create the world’s first composable NFTs across two unrelated NFT projects, based on the RMRK 2.0 standard.
🔩 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
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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.
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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
- Subquery released a recap of their milestones hit in May, including joining the Web3.0 Bootcamp and acquiring new partnerships with Kodadot, Darwinia, and Fearless Wallet.
- The soundtrack for 2021's Polkadot Decoded is now available on Kusama forever. It was minted as an NFT on RMRK's Singular.
👷♀️ Jobs in Web 3.0
Want your ad here? Get in touch.
- Zeitgeist is looking for a front-end dev and Typescript person.
- RMRK is looking for a community manager, a marketing lead, and an artist evangelist. Email [email protected].
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].
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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