Polkadot Ecosystem Weekly Digest. April 25 — May 1

Polkadot News
Polkadot News
Published in
4 min readMay 1, 2022

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Polkadot News Review:

PNS — a Substrate-based decentralized domain name system. Learn more how it works from our latest review! Short About: PNS. Polkadot Name System.

Web3 Foundation

Owning wallets and keys can be intimidating for new blockchain users. W3F is looking to fund the development of a social recovery wallet for Polkadot, allowing users to recover their accounts if their key or other authentication mechanism has been lost.

Polkadot / Kusama

Acala / Karura

  • Coinbase Cloud is working with Acala to support liquid staking for Karura, supporting the growth of the Polkadot and Kusama DeFi ecosystems. Learn what it means for the ecosystem, and token holders.
  • Mangata integrates aUSD as the default stablecoin for the Mangata X ecosystem. Users will enjoy capital-efficient staking and stablecoin trading pairs for Polkadot, Kusama, & Ethereum-based tokens using aUSD. Learn more about the integration.
  • SubWallet, a Web3 Multiverse wallet for Polkadot & Kusama, can now be used on Acala to manage assets seamlessly. Users can mint aUSD, interact with DApps, and manage their Acala & Karura NFTs.

Bifrost

Bifrost Crowdloan on Polkadot has reached the soft top of 300,000 $DOT. No BNC rewards will be offered for contributions over 300,000 DOT. The vsDOT minting volume has surpassed 2M and will soon activate vsDOT liquidity farming.

Pendulum

  • Can Stellar assets be used in smart contracts? Pendulum’s Spacewalk Bridge will make it happen. They have been building on Interlay’s XCLAIM technology to make bridging assets from Stellar to any Kusama or Polkadot parachain possible. Details.
  • Pendulum crowdloan on Kusama is approaching. Date will be announced soon.

Litentry / Litmus

  • Litentry has updated the documentation with a list of planned features after winning the auction. Features include a bidirectional token bridge, XCM, PoS collation & staking, Cooperation with PNS, and LIT utilities. See the full list.
  • A new project is building on the Litentry Parachain. AdMeta provides ad services that value user’s privacy. Catch them in the metaverses soon.

Astar / Shiden

Interlay / Kintsugi

KBTC continues to push the frontiers of DeFi, with the addition of KINT & — USDC now up for discussion as collateral assets. Check this post to learn more.

Moonbeam / Moonriver

Zenlink

  • Moonbeam app is now available on Ledger Live!.
  • Zenlink’s X-Transfer now supports native USDT transfers from Statemine to Moonriver.

Composable Finance / Picasso

Parallel Finance / Heiko

  • With more liquidity added to Parallel, they would like to remind users of their top-notch security protocols to ensure funds’ safety. Since its inception, there have been 0 successful attacks against the platform.Take a look at the auditing process here.
  • Contributions are now live for Origin Trail’s crowdloan. Anyone contributing via Parallel will additionally receive PARA and cDOT rewards. Don’t forget to register for your stackable OTP bonuses.

Equilibrium / Genshiro

  • Equilibrium has introduced its new utility token — EQ. It is a new advanced native asset that works on any blockchain bridged with Polkadot. EQ’s features include cross-chain compatibility, collateral liquidity and earnings on staking.

RMRK

RMRK decided to move the Skybreach Land Sale dates in order to deliver a superior experience. More information here.

SORA

  • A special Kanaria NFT item for the top 100 SORA crowdloan contributors has been distributed to its new owners.
  • The unvested XOR from the crowdloan rewards has been distributed to the contributors.The remaining VAL, XSTUSD and PSWAP will vest over the SORA Kusama parachain slot period.

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Polkadot News
Polkadot News

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