DotLeap 127 - Happy Polkadot Decoded week
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DotLeap 127 - Happy Polkadot Decoded week
New runtime upgrade, no more controller accounts, Statemine/Statemint get new names, and more.
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We cover Polkadot, Kusama, Substrate, and all related Web 3.0 projects! Want your content featured? Tweet at the author!
Polkadot Updates
🔴 ⭕️ Relay Chain
total supply - ~1.33b DOT | staking - 43.2% | parachains & crowdloans - 10%
Polkadot v0.9.43 has been released with MEDIUM upgrade priority. An overview of the release was issued, explaining changes made, including the next steps to obsoleting controller accounts.
🔴 🏛 Governance
treasury balance - 46.9m DOT // 🔺2.71% from last week
Referendum 123, proposing to open HRMP channels between Statemint and Litentry, Composable, Polkadex, and Zeitgeist is passing unanimously.
Motion 419, funding infrastructure costs of Subscan for Polkadot, Westend, Rococo, Statemint & Rockmine networks (from July to December 2022), was approved but did not execute successfully.
OPEN GOV
Root - for proposals that seek to update the network
Referendum 9, proposing to set max_code_size to 3 MiB, is passing with 90% in favor and less than 20 days to vote.
Whitelisted Caller - for proposals that seek to update the network
Referendum 3, upgrading the Bridge Hub to runtime v9420, has passed and executed.
Referendum 18, proposing to upgrade the relay chain and system parachains to runtime v9430, is passing unanimously with less than 25 days to vote.
General Admin - for proposals requesting up to 333,333.33 KSM
Referendum 23, proposing to set Polkassembly as a registrar for the Polkadot identity system, is passing unanimously with less than 20 days to vote.
Small Spender - for proposals requesting less than 333.33 KSM
Referendum 1, funding OpenCommunity Governance (an initiative where auditors help review proposals and give a grade to enable the community and proposers better understand the strength and weaknesses of proposals), is passing with 81% in favor and less than 20 days to vote.
Referendum 2, funding the 5 months maintenance of the ParaSpell XCM SDK, is failing with 71% against and less than 20 days to vote.
Referendum 7, re-submitting the specifics of Motion 339 (to reward 'high quality' nomination pools using a deterministic evaluation system) which was rejected due to technical reasons, is passing with 90% in favor and < 20 days to vote.
Referendum 10, funding the Jan-Apr cloud costs of Polkashots, is passing with 62% in favor and < 20 days to vote.
Referendum 11, funding Polkadot Brazil to create tools and content to increase user onboarding, if failing with 99% against and < 20 days to vote.
Referendum 17, retroactively funding the work on implementing privacy sidechains for any substrate-based chain, is failing with 64% against and < 23 days to vote.
Referendum 19, funding Stakeworld’s RPC and bootnode infrastructure costs for Q2 2023, is passing with 57% in favor and < 23 days to vote.
Medium Spender - for proposals requesting less than 3,333.33 KSM
Referendum 13, funding OpenSquare for old and new features for Subsquare and doTreasury, is passing with 88% in favor and < 20 days to vote.
Referendum 14, funding tranches 2 & 3 of the Encode Club x Polkadot education and hackathon series, is failing with 51% against and < 20 days to vote.
Referendum 19, funding Subsquid’s data indexing infrastructure costs for Q1 2023, is passing with 89% in favor and < 20 days to vote.
Referendum 16, retroactively funding Equilibrium for building a common Ledger app that is compatible with all Polkadot and Kusama parachains, is passing with 84% in favor and < 20 days to vote.
Referendum 20, funding Subscan’s infrastructure costs from July to Dec 2022, is passing with 87% in favor and < 20 days to vote.
Referendum 24, funding the ink! design security review by OpenZeppelin, is passing with 62% in favor and < 23 days to vote.
Referendum 29, funding the development of Societal (a home base for decentralized communities), is passing with 72% in favor and < 23 days to vote.
Referendum 32, funding milestone 2 of the Polkadot Hackathon Global Series 2023: Europe Edition, is passing unanimously with < 26 days to go.
Referendum 33, funding the further development of Encointer (a common-good parachain that enables communities everywhere to generate their own, autonomous currency, and use it to stimulate the local economy), is passing with 85% in favor and < 25 days to vote.
Big Spender - for proposals requesting less than 33,333.33 KSM
Referendum 8, funding further development of Nova Wallet, is passing with 89% in favor and < 20 days to vote.
Referendum 21, funding Zondax for the maintenance of Ledger apps, is failing with 54% against and < 23 days to vote.
Referendum 30, resubmitting Motion 420 to help the Matrix.org Foundation with upstream funding, is passing with 96% in favor and < 26 days to vote.
Treasurer - for proposals requesting up to 333,333.33 KSM
Referendum 22, funding the frontend development of Genesis DAO (a Substrate-based blockchain designed to facilitate the creation and management of DAOs), is failing with 83% against and less than 25 days to vote.
Kusama Updates ₑₓₚₑcₜ cₕₐₒₛ
🦅 ⭕️ Relay Chain
total supply - ~13.72m KSM | staking - 53% | parachains & crowdloans - 1%
The first Validator running an alternative implementation of the Polkadot Host, Kagome by Soramitsu, is now running and accepting nominations on Kusama.
Kintsugi and Amplitude won the most recent parachain lease auctions.
🦅 🏛 Governance
treasury balance - 279.13k KSM // 🔻4.5% from last week
Whitelisted Caller - for proposals approved by the Fellowship
Referendum 219, proposing to increase parachain validators to 300, is passing unanimously with less than 4 days left to vote.
Referendum 221, proposing to upgrade the Kusama relay chain, Asset Hub, and Bridge Hub to runtime v9430, is passing unanimously with less than 10 days to vote.
Staking Admin - for proposals related to staking and validation
Referendum 224, a re-issue with corrected XCM of Ref 214 proposing to decentralize the collator set on Kusama system parachains, is passing with 99% in favor and less than 10 days to vote.
Medium Spender - for proposals requesting less than 3,333.33 KSM
Referendum 215 by OpenSquare, topping up the Polkadot Visualization Bounty, was approved.
Referendum 220 by KodaDot, funding the integration of RMRK v2 into KodaDot, is failing with 63% against and less than 6 days to vote.
Referendum 225, funding the development of Polkawatch, a tool that provides Kusama decentralization analytics, is passing with 90% in favor and < 10 days to vote.
⛓ Connected Parachains, dApps, and others
projects connected to the DOT and KSM relay chains
Astar and Bifrost launched a joint bounty of $7,000 in support of the ongoing Polkadot Summer Hackathon.
Acurast published Exploring the Potential of Blockchain and AI Integration.
Centrifuge announced the Real-World Asset Summit holding on September in New York.
Crust announced Web3Approved in partnership with Apillon, an initiative that offers 100 years free IPFS hosting services for projects and websites.
Darwinia announced the removal of sudo on its parachain.
Energy Web announced that, in collaboration with Polkadot, it will onboard Shell, Vodafone and Volkswagen to their decarbonization platform.
Integritee announced Web3 Bounties, a program that aims to reward developers with tokens for doing specific tasks.
Mangata and Moonriver are now connected via XCM.
Mangata launched Proof-of-Liquidity v2 with single-sided staking and automatic payouts.
Nova Wallet released a new update, featuring support for Astar’s Ledger solution, the Polkadot Vault air-gapped cold storage wallet, and more.
Origin Trail is leveraging rapid advancements in AI to develop V8 of its Decentralized Knowledge Graph and has released a new roadmap.
Pendulum announced a partnership with Scallop.
Phala announced the LensAPI Oracle, a programmable web3 oracle that enables developers to deploy custom, no-code oracles on Lens Protocol in just five minutes. Register for the online event on July 5th to experience the product live and hear from the Phala and Lens teams.
🌎 Community & Ecosystem
The names of the Statemint and Statemine parachains have been changed to the Asset Hub Polkadot and Asset Hub Kusama, respectively.
Dotinsights released their H1 2023 Polkadot Staking Report.
The Polkadot Delegation Dashboard is now available to easily delegate your votes.
Reminder that Polkadot Decoded is coming 28 - 29 June. More details here.
Are you familiar with the Polkadot Event Platform? It is a tool that makes it easier to smoothly participate in Polkadot Decoded from anywhere in the world. You can view the full program, create a personalized agenda, connect with speakers & other attendees, and much more.
Check out the latest Polkadot Pioneers AMA on Interoperability featuring builders from various parachains.
Check out the worldwide map of the various viewing parties for Polkadot Decoded hosted by the Polkadot community.
🛠 Tools
ChainSafe published a new article on Multix, an easy-to-use tool for managing complex multisigs. The article explains how Multix allows you to change multisig members in a simple way.
Please note that starting with runtime 9430 (the next planned Polkadot runtime, estimated to activate 18 July), controller accounts will be deprecated. Existing controller accounts can still be used, but new ones cannot be created.
If you would like to use the functionality of a controller (allow staking functionality of a stash account from a different account), you can use a staking proxy. For details on setting these up, read the wiki.
🌠 NFT Review
A weekly newsletter keeping up with the evolution of NFTs in the Dotsama ecosystem.
Singular hosted a Twitter Space dubbed Artists, Art, & NFTs 2.0.
Evrloot is auctioning off houses in Trakan (the city where the RPG game takes place) using GBM auctions on Singular. Bidders get rewarded when they are outbid.
Web3 charity Teddy DAO is raising money through daily NFT auctions on Moonbeam.
👷♂️ Jobs in Web 3.0
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That's it for this week - I hope this was as useful for you to read as it was for us to write!
Many thanks to Bill Laboon for his daily digest—which helps us not miss some important updates—and Raul Romanutti for helping us ensure that the governance news is accurate.
DotLeap is put together by Bruno Škvorc and gbaci.
Got any links for Bruno for the next edition? Find Bruno on Riot at @bruno:web3.foundation, on Twitter, or via email at editor@dotleap.com.