Polkadot Ecosystem Weekly Digest

Polkadot News
5 min readJan 24, 2021

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January 18th — January 24th

WEB3 FOUNDATION

11 funded projects in Wave 9 (First Quarter 2021) of W3F Grants Program.

PARITY

Free webinar from Parity team: “Decentralized Identity — Building Blocks for a Better Web”. Speakers: Alastria Blockchain Ecosystem, Ontology and Kilt protocol. Register to the event.

POLKADOT

📌 “Polkadot is complicated as hell!” stated Dan Reecer in his highly informative 24-tweet thread — beginner guide to Polkadot: what Polkadot and Kusama are and what the differences between these networks, what PLO is and how it will be held. Read.

📌 Video guide to Polkadot from PromoTeam in 3 parts: Part 1 Part 2 Part 3

📌️ Want to contribute to Polkadot’s brand update? Fill out the anonymous survey by January 31, 2021 and help inform the research spearheaded by Studio Koto as part of an on-chain brand bounty.

BIFROST

📌️ Guide to Bifrost Finance by Polkaproject.com

DARWINIA

📌️ Darwinia has introduced DVM — Darwinia Virtual Machine — a smart contract solution, that is an improved version of the Frontier project, the Parity EVM compatible layer frame. It is the smart contract execution module of the Darwinia network.

PATRACT

📌️ Patract Hub has joined the Substrate Builder Program in Infrastructure Track. Source.

PLASM

📌️ Plasm has submitted open grant milestone. The ECDSA custom signature pallet will be enabled once it is merged. Users can make their Plasm address from Ethereum hardware wallet. Source.

CRUST

📌️ Crust Network will start ERC20 CRU token swap from Jan. 29 as a Phase 2 of Crust Maxwell preview network launch. Pre-launch is planned on the 1th of February and a full-featured version is planned in the late February. Read the details.

FEARLESS WALLET
📌️ Fearless Wallet published 2 proposals of Fearless Wallet Stage 3, which will be focused on Staking, Libraries expansion and app improvements. Discussions: Kusama and Polkadot.

KILT

📌️ Degenics , a blockchain-based, anonymous-first DNA testing platform, intends to partner with projects in the Polkadot ecosystem, including Kilt Protocol to incorporate credentials for the project’s genetic lab & genetic products ecosystem.

MOONBEAM

📌 ️Moonbeam Network, the Ethereum-compatible smart contract platform on Polkadot, announced a new version of its TestNet, Moonbase Alpha. This latest version introduces infrastructure updates and adds staking features, opening the door for collators.

CELER

📌️ After running Celer on Ethereum for one and a half years, the network released the Celer state channel substrate modules that is a first milestone to introduce generalized state channel as a layer-2 scaling solution to Polkadot. Release comes with two substrate modules: a generalized payment channel that supports efficient off-chain token transfer with conditions on on-chain verifiable states, an application state channel framework that can express any logic to produce outcomes to serve as payment conditions.

PAID

📌️ Paid network introduced Ignition — an IDO platform (will allow PAID token holders participate in token auctions). Ignition will start with Ethereum based projects and soon after provide multi-chain support through Polkadot utilizing Plasm Network.

BANDOT

📌️ Bandot testnet Pandora will be launched on January 22

HYDRADX

📌 ️HydraDX presented current roadmap, details about planned $HDX distribution (15% to team and investors, 85% to liquidity mining, staking rewards, LBP on Balancer and Stakenet & Incentivized Testnet rewards).

CHAINX

📌️ ChainX invites Community Managers to build Local Communities in their native languages, translating guides and important news. Requirements

CLOVER

📌️ Clover CC-1 Testnet is launched! The testnet will be open for only developers and professional Validators. To join the internal testing, you can contact Clover admins in Telegram. More details: https://docs.clover.finance.

EXEEDME

📌️ The first launch on the Exeedme platform will be Counter-Strike: Global Offensive. This launch would give the opportunity for gamers to challenge other gamers on the platform to compete on the game for stakes that are funded with cryptocurrencies. Details.

COINVERSATION

📌️ Coinversation invites volunteers to join the “CoinStar Program”. Community leaders, content creators and interpreters are welcome. Requirements and rewards check here

STAFI

📌️ StaFi has started StakingDrop event on Jan 22th (till Jan 30th). Stakers who stake $FIS by using StaFi rFIS product will obtain the opportunity to receive the FIS tokens StakingDrop. Rules.

EQUILIBRIUM

📌️ Equilibrium DeFi presented its two-phase PLO strategy:

  • Phase 1: token swap $DOT to $EQ (bonus is up to 25% in EQ, depends on the swap size and parachain lease period)
  • Phase 2: Polkadot auctions (EQ tokens as a staking reward, up to 5%). Details.

PAKA FUND

📌 ️Bifrost, Phala, StaFi, Crust and Litentry jointly established PAKA fund (www.paka.fund)- a DAO fund focusing on hatching and investing teams with robust and innovative technology to help Polkadot community develop.

DEFI ALLIANCE

📌️ DeFi Alliance will host a panel with leading DeFi projects in the Polkadot industry. Reef, Interlay, Moonbeam and Equilibrium will discuss “Why Polkadot” on Jan 28, 2021. Propose additional topics here and register to the event.

NEW PROJECTS IN THE ECOSYSTEM

OptionRoom

OptionRoom is a user governed oracle and forecast market protocol built on Polkadot.

API Protocol

PI Protocol is Web 3.0 API Economic infrastructure.A new generation of decentralized web API connector protocol for Web 3.0 applications, designed to make web 3.0 APIs easier to find, access , use,develop Web 3.0 applications more easily and efficiently

Paralink

Multi-chain oracle platform for DeFi application powered by Polkadot.

Poolz Finance

Poolz is a decentralized swapping protocol for cross-chain token pools, IDO, as well as OTC deals. The core code is optimized for DAO ecosystems, enabling blockchain companies to raise capital in decentralized way.

Pontem Network

Pontem Network is the bridge between Сrypto and Diem.

doTreasury

A treasury explorer by OpenSquare

Polkaswitch

Cross-chain Liquidity Built for Traders. Powered by Polkadot

PARTNERSHIPS

Kylin Network x Bondly.

Bondly will integrate Kylin’s oracle services and data marketplace. The partnership will also include exploration of Kylin operationalizing aspects of their business model via NFT through Bondly’s BCCG (card game).

Tidal Finance x Bandot

Tidal will provide decentralized insurance service to Bandot (a Polkadot-based decentralized and smart contract management stable coin) pledge fund pool and liquidity mining.

Tidal Finance x Stake Capital

Tidal Finance announced a collaboration with Stake Capital, a platform leveraging the entire DeFi ecosystem in order to provide access to the most effective and the most unique investment strategies.

Reef x Unifi Protocol.

Reef partners with Unifi Protocol, a multichain DeFi protocol. The partnership will allow Reef users to earn interest through Unifi’s platform.

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Polkadot News

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