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DotLeap 121 - Mythical leaves Ethereum for Polkadot
Polkadot connects to Cosmos, InvArch's groundbreaking multi-sig, Aventus partners with KILT, and more.
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🔴 ⭕️ Relay Chain
total supply - ~1.31b DOT | staking - 48.5% | parachains & crowdloans - 10%
Mythical, the 4th largest blockchain by monthly digital asset sales, is leaving Ethereum to launch its new Mythos ecosystem on Polkadot.
Here is a spreadsheet of scheduled Polkadot Auctions for the rest of 2023.
Kamil, who is developing the Kagome C++ Polkadot host, posted a good explanation of SASSAFRAS, which should eventually replace BABE as Polkadot’s block production mechanism.
Jonas Gehrlein, researcher at Web3 Foundation, has published a brief analysis of Polkadot nominator behavior.
🔴 🏛 Governance
treasury balance - 44.48m DOT (~$259.75m) // 🔺 0.49% from last week
Referendum 112, proposing to immediately increase the number of validators in the active set to 500, is failing with 25% in favor and less than 2 days to vote.
Referendum 114, proposing to onboard a Bridge Hub system parachain to Polkadot, is currently passing with 99% in favor and less than 12 days to vote.
Referendum 115, proposing to open three new HRMP channels between Statemint and Bitgreen/Subsocial/Manta, is passing unanimously with less than 18 days to vote.
Referendum 116, fixing the issue caused by Referendum 113 and resetting the Watr parachain genesis block, is currently passing with 97% in favor and 6 hours left to vote.
Referendum 117, seeking a
force_transferback to the Treasury from a previous Treasury Proposal, is currently failing with 59% in favor.
Motion 387, funding MVP Workshop to build a UI & Front-End for DotSwap, a UniSwap V1-based DEX on Statemint, did not pass.
Motion 390, funding the development of Motif, a Web3 user research platform, did not pass.
Motion 392, funding milestones 5 & 6 of Kampela’s development (a hardware signer and key storage), is under consideration.
Kusama Updates ₑₓₚₑcₜ cₕₐₒₛ
🦅 ⭕️ Relay Chain
total supply - ~13.52m KSM | staking - 51.9% | parachains & crowdloans - 1%
Bajun and Quartz won the most recent parachain lease auctions.
🦅 🏛 Governance
treasury balance - 304.22k KSM (~$9.33m) // 🔻1.2% from last week
Root - for proposals that seek to update the network
Referendum 172, to remove the lock on Bifrost’s parachain ids 2259 & 2262, is passing with 97% in favor. (Note that this Referendum is still in the Prepare period–the phase before actual voting).
Referendum 173, proposing to fix the HostConfiguration by setting the max_code_size to 3 MiB, is passing with 98% and less than 9 days to vote.
Whitelisted Caller - for proposals approved by the Fellowship
Referendum 167, to upgrade Kusama’s XCM to v2, is currently passing unanimously with less than 6 days to vote.
Small Spender - for proposals requesting less than 333.33 KSM
Referendum 177, to fund the improvement of Kusama OpenGov through the use of auditors who audit proposals, is passing with 98% in favor and less than 12 days to vote.
Medium Spender - for proposals requesting less than 3,333.33 KSM
Referendum 149, to fund DOTCAST–brand development and content production for the Spanish speaking community, was rejected.
Referendum 155, retroactively funding Polkadotters for content creation for 1 year, was rejected.
Referendum 159, to reimburse RadiumBlock for its RPC services for the last 2 quarters, was approved.
Referendum 164, funding OpenSquare for its maintenance of Subsquare, dotreasury, and statescan for the last 2 quarters, was approved.
Referendum 166, retroactively funding Daniel Maricic for developing Polkadot Discovery Portal, is failing with 45% against and less than 2 days to vote.
Referendum 168, funding the further development of KusaMint (a development kit for NFTs), is failing with 57% against and less than 4 days to vote.
Referendum 169, funding Cryptozilla for the production of 40 educational videos in 4 months, is failing with 82% against and less than 7 days to vote.
Referendum 170, retroactively funding the maintenance of parasnaps.io, is failing with 21% against and less than 8 days to vote.
Referendum 176, funding Dwellir for the development and maintenance of its RPC services for Q2 2023, is passing with 98% in favor and less than 11 days to vote.
Treasurer - for proposals requesting up to 333,333.33 KSM
Referendum 171, to close the Infrastructure Maintenance Bounty #13 following the community’s disapproval of a top-up request for said bounty, is passing with 99% in favor and less than 8 days to vote.
Referendum 175, to fund the monitoring of public RPC/WSS endpoints and node database analytics, is failing with 67% in favor and less than 10 days to vote.
⛓ Connected Parachains, dApps, and others
projects connected to the DOT and KSM relay chains
Acurast is hosting a webinar on May 11th at 4pm CEST that will teach you how to access the chain’s interoperability resources for both Web2 and Web3 purposes.
Ajuna published Revolutionizing Web3 Gaming with AI & Machine Learning.
Astar announced an integration with Injective, connecting Polkadot with Cosmos IBC.
Aventus announced a partnership with KILT to bring decentralized identities to enterprises.
Bifrost published an analysis of various vToken use cases.
Frequency announced a partnership with social networking app MeWe to connect its 20 million users to Polkadot.
InvArch introduced the Saturn Multisig - a truly multichain multisig for bridgeless asset management across different networks.
KILT announced an integration with Frequency to enrich identities of the latter’s decentralized social network users.
KILT announced that you can now link your on-chain DID (decentralized identifier) to both Polkadot and Ethereum addresses using web3name.
Mangata published The Route to the Ethereum Rollup — Chapter One.
Moonbeam published Web2 vs Web3 Development: Here’s What You Need to Know to Make the Leap to Blockchain and a thread on How to Create an Automated Task Using Gelato.
Origin Trail teamed up with Polkadot Insider to dive into the future of AI systems, and explain how the chain can work with and empower AI systems while minimizing errors.
peaq announced that Fraunhofer Society, Europe’s largest applied research group, will use its network for storing digital twins of lithium-ion batteries installed in electric vehicles.
Pendulum announced a collaboration with LINK to democratize liquidity in Africa’s largest economy.
Sub.ID has integrated Subsocial's OpenComm technology to provide an on-chain chat built into the website.
🌎 Community & Ecosystem
Interested in understanding exactly how Polkadot works? Check out our newly-revamped Polkadot Specification site.
From cross-chain interoperability to weight system concepts, and from XCM v3 to launching a parachain, check out the Polkadot Deep Dives tutorials from Parity to learn all about the tech behind Polkadot.
Interested in talking about Governance proposals, motions, referenda, etc.? There are 521 discussions on the Polkadot Polkassembly. For more general discussions, you can check out the Polkadot Forum. Or if you are interested in other ways of interacting with the Polkadot Community, see the Community page on the Polkadot Wiki.
Check out the recap of Polkadot at Consensus 2023 with 20+ ecosystem projects.
Polkadot blog published Polkadot Update: Q1 2023.
In Prague on June 5-6? Don't miss your chance to join the Polkadot community at the Polkadot Prague conference.
Using Polkawatch, you can see how decentralized the validators are on Polkadot, and see how your own nominations stack up.
Polkabeat, which aims to assess how decentralized and trustless individual parachains are, is open and in beta. The developer has asked for community input to verify the assessments.
Polakdot-JS Apps v0.129.1 was released.
Polkadot-JS Extension v0.46.2 was released.
Polkadot-JS API v10.5.1 was released.
🌠 NFT Review
A weekly newsletter keeping up with the evolution of NFTs in the Dotsama ecosystem.
Mandala Metaverse to drop on Polkadot’s Astar parachain.
Evrloot (RPG built with RMRK) posted a thread with new updates to its game.
👷♂️ Jobs in Web 3.0
Want your ad here? Buy it on Singular.
Web3 Foundation is looking for a Technical Educator, Spec Engineer, and Technical Grants Evaluator. Apply here.
That's it for this week - I hope this was as useful for you to read as it was for us to write!