Polkadot Ecosystem Weekly Digest. Nov 1 — Nov 7

It’s a parachain season!

Parachain auctions and crowdloans

  • Projects aiming to obtain a Polkadot parachain slot has started their crowdloan campaigns. Check out our latest article to learn about auction participants and crowdloan rewards. Get referral bonuses with our referral links.
  • Binance launched a DOT Slot Auction Warm-Up promotion starting from Nov 4 at 13:00 UTC. Users that participate in the 1-week Warm-Up promotion will receive a share of $30M in rewards. Activity Period: Nov 4 — Nov 11.
  • Binance will provide a liquidity solution by issuing BDOT. Users will be able to convert their staked DOT to BDOT at a 1:1 ratio. When parachain slot lease period ends, users can redeem their staked DOT with BDOT at a 1:1 ratio.

Top 5 Polkadot auction crowdloan participants by the 7th of November:

2012 — Parallel Finance, 2002 — Clover Finance

Top 5 Kusama auction crowdloan participants by the 7th of November:

Polkadot / Kusama

Bifrost Finance

  • SALP, the first Slot Auction Liquidity Protocol, will support Polkadot slot auctions by Bifrost Finance.
  • Bifrost will provide Litentry crowdloan contributors with liquidity DOT derivatives (vsDOT & vsBond) and launch an extra Reward Farming Pool (6,400 BNC + 35,000 LIT) for DOTs contributing through Bifrost Finance.
  • Join the Bifrost Finance early-bird Crowdloan event on Binance, share 375,000 BNC. More information.
  • vsKSM Event Season already started: Swap pair, LP Farming, Lighting Redeem, vsKSM & vsBond Farming.

Zenlink

  • Zenlink DEX launched and enabled Swap, Liquidity, Bootstrap and Trading Mining, Liquidity Mining, Staking features on Bifrost Finance. A total of 2,600,000 ZLKs and 110,000 BNCs will be released through the above integrated modules. Read about.
  • Over 15,500 KSM have contributed to Bit.Country canary network Pioneer crowdloan via Zenlink Pro Slot Vault. Remember that this is another way to earn ZLK.
  • Zenlink announced a community airdrop program to early supporters (502,110 ZLK in total).

Composable Finance / Picasso

  • After winning the 12th parachain auction, Picasso is now being onboarded as Kusama’s 13th parachain (12-auction winning parachains, plus Statemine). Over 10.3K network stakeholders locked up KSM in favor.

Moonbeam / Moonriver

  • The dTrade team shared very cool news about its new brand today: Firefly, dTrade's deployment to Polkadot via MoonbeamNetwork. dTrade will act as Firefly's canary-net which is already live on Moonriver.

Manta / Calamari

Phala / Khala

  • PhalaNetwork has launched a smart contract product called Fat Contract. Different from the EVM traditional smart contract, they will be developed based on Wasm and constructed in Rust ecosystem and mainly support ink! contract.

Equilibrium / Genshiro

Equilibrium is pleased to introduce EQD, their decentralized stablecoin that works across Equilibrium DeFi, Genshiro DeFi, and Epsilon DeFi, an official Curve Finance implementation running on Substrate. Here’s what you need to know.

Ankr

Ankr’s multi-chain liquid bonding solution for Polkadot crowdloans is live. You can now support your favorite projects directly through the StakeFi Parachain Crowdloan Marketplace and receive liquid aDOTp to utilize in DeFi to generate yield & more.

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