Polkadot Ecosystem Weekly Digest
March 29 — April 4
➡ “Polkadot Buildathon: India” is an India-focused hackathon with a prize pool of US $14,000. Registration is also open for participants from other countries. Applications are welcome up to April 24, 2021.
➡ Chainlink is now integrated directly as a pallet to all Substrate, Polkadot, & Kusama chains, giving teams in the Polkadot ecosystem a straightforward approach for accessing high-quality external market data. Details.
➡ vETH minting volume is growing and has exceeded 18k. This will be the first batch of heterogeneous chain assets to enter the Polkadot ecosystem after Bifrost becomes a parachain. Source.
➡ Plasm proposed a new way to use dApps rewards.
➡ Proposal to treat tokens other than PLM as gas and to provide the fundamental value of PLM.
NFTY labs partnered with Plasm Network to provide utility to their Plasm community NFTs via their flagship product, “NFTY Connect.” Plasm will utilize NFTY Connect to offer their community untapped value through VIP access via holding their Plasm PolkaPet NFT. This VIP access can range from private Discord servers, private Telegram chats, etc.
➡ Coinbase Ventures has announced their support for Acala Network, the all-in-one DeFi hub of Polkadot. This investment also supports Karura Network, the DeFi hub of Kusama being built by the Acala team.
➡ Acala received a grant from Compound Grants Program for integration Compound with Polkadot chain, which will include building a bridge (starport) to Polkadot, adding support for DOT and LDOT (staked DOT) as collateral, and make CASH available on Polkadot.
➡ Tidal Finance has started the Uniswap Liquidity Rewards Program. In addition to the 0.3% trading fees earned via Uniswap, whitelisted LPs will also earn their share of the 1,855,287 $TIDAL per period (app. 30 days) proportionate to user’s contribution to the pool. Minimum 900 $USDC is required, minimum period: 30 days.
➡ Manta network officially completed its first milestone as a Web3 Foundation Grants recipient: foundation of MantaPay, the first product in the suite of products and services that deliver plug-and-play privacy to the entire DeFi stack. Details.
➡ Raze has published Token Generation Event details. It will last from April 2 till April 16 and will include 5 phases:
- -IDO — Bounce, Poolz, DuckStarter, etc
- -Public Sale — Balancer LBP
- -Trade — Uniswap Pool
- -Listing — Centralized Exchange Listing (TBA)
➡ Reef Finance has launched the Reef Chain Testnet called Maldives on 31st March. Maldives testnet will allow projects to test their migration scripts and start building on Reef Chain.
➡ Developers building on Reef Chain will also get a suite of support ranging from grants, marketing, technical implementation, and visibility in the broader ecosystem of projects and investors.
➡ Bit Country’s 2nd Milestone for the Open Grant has been approved by Web3 Foundation. Core features are Continuum Good Neighbor, NFT Promotion Protocol & Map View. Source.
➡ Equilibrium‘s PLO will execute in two phases: DOT/EQ token swap and a crowdloan (after swap has finished). Swap will start on April 12th. Participants submit DOT and receive EQ tokens in exchange at an initial swap rate of 0.07DOT=1EQ. More details.
➡ Moonbeam announced the completion of a $6 million strategic round led by Coinfund. The round included participation from Binance Labs, ParaFi, Coinbase Ventures, Fenbushi Capital, IOSG Ventures, as well as previous seed investors.
➡ On Edgeware the EVM is already live and users can send EDG to MetaMask. Here is the instruction.
➡ Stafi has published 2021 Q2 roadmap. In Q2, StaFi will focus on the following 3 works:
- Launch rDOT/rKSM/rATOM and other rToken
- Build rSubstrate and rTendermint general solutions
- Roll out StakingDrop2
➡ Bithumb exchange announced the launch of RAI Finance’s native token RAI. RAI/BTC, RAI/KRW trading pairs were opened on April 2.
Apron Network completed the Web3 Foundation Milestone as a W3F Open Grants recipient.
Idavoll has published the Roadmap Update.
Polkadot / Kusama Comics
New art from Polkadot/Kusama Comics — visual guide about the difference between Polkadot and Kusama.
Enjin introduced Efinity: NFT Blockchain on Polkadot
Icon announced tangible progress toward the integration of BTP (Blockchain Transmission Protocol) into the Polkadot Ecosystem. Acala, Moonbeam, Edgeware, and Plasm, four of the top parachain candidates in the Polkadot Ecosystem, will be the first to be integrated into ICON’s BTP interoperability solution.
TrustFi Network is a decentralized DeFi market liquidity promotion and DAO incentive solution built on web 3.0 and Polkadot, centering on the liquidity of on-chain assets, to unlock the potential of DeFi market liquidity.
As the first blockchain ad-tech support platform on Polkadot, Jambo has been committed to creating a transparent and credible decentralized advertising industry value ecology.
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