DotLeap 60 - Non-stop Kusama Parachain Auctions
XCM exploit on KSM thwarted, motion for non-stop auctions passes, Bifrost launches on Karura Swap, and more.
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🔴 ⭕️ Relay Chain
current staking rate 58.1% // ideal staking rate 75%
In an interesting twist of on-chain events, there’s nothing to see here 🦧
🔴 🏛 Governance
Referendum 35, proposing to modify the Polkadot runtime code but providing no contextual information, did not pass.
Referendum 39, proposing to start the first two batches of parachain auctions on Polkadot, passed.
Referendum 40, proposing to reduce the maximum number of validators in the active set to 259, is currently failing by a wide margin.
Motion 119, which would fund a Treasury Proposal for Pinknode to create an improved dashboard for managing infrastructure, has passed Council vote.
Motion 120, which would fund a Treasury Proposal for OnFinality's High-Performance Public Infrastructure, has passed Council vote.
Polkassembly now has a section for Council members to add information about themselves. This can help you make an informed choice when voting for Council members.
Kusama Updates ₑₓₚₑcₜ cₕₐₒₛ
🦅 ⭕️ Relay Chain
total supply - 11.5mil KSM || staking - 42.6% || parachains - 20.3%
Ledger-Kusama app is still working on a fix to the recent problems with the runtime upgrade on Kusama, you can follow the latest convo on the open issue on GitHub here.
A good example of why a value-bearing canary network like Kusama can help find problems! A tale of an XCM exploit shut down and fixed via Kusama governance.
The first crowdloan for the next set of auctions has begun.
🦅 🏛 Governance
Motion 375 passed council vote—the proposal by Opensquare aims to extend the functionalities of Statescan to support uniques-pallet for NFTs.
Motion 382, to fix a timing error in the original motion to start Kusama auctions, was passed.
Interested in getting a Treasury Proposal funded for your project for Kusama? Raul has put together a great summary of the steps here.
SCAM ALERT: You will NEVER have to "pay a deposit" for being considered for a Treasury Proposal or W3F Grant, and neither W3F or Parity will reach out to you via Telegram.
There is a proposal to increase the ideal number of validators in the active set by 100.
⛓ Connected Parachains, dApps, and others
projects connected to the DOT and KSM relay chains
Some members of the Fearless Wallet team left to create Nova Wallet App by forking the Fearless Wallet code.
Khala Network officially approved the Proposal which enables Khala-Ethereum Bridge on Khala.
Bifrost launched on Karura Swap with over 200k BNC in liquidity mining rewards.
OnFinality released a September report.
SubQuery launched the SubQuery Academy.
Rococo has been revamped from a parity-controlled testnet into a community-owned parachain testbed.
DApp Staking is LIVE on Shiden Network #Builde2Earn
Shiden partners with AnySwap.
🔗 Candidate Parachains, dApps, and others
projects that are not yet connected to the DOT and KSM relay chains
Acala announced Liquid Crowdloan DOT (lcDOT) to give Polkadot Crowdloan Participants ongoing access to their DOT liquidity.
The Beta version of Zeitgest app is ready. In Zeitgeist Beta, you’ll be able to trade on pre-curated Prediction Markets and even create your own. Register here.
Squad Game is Manta Network’s token event that is exclusively available for the Manta community. If you are a Calamari Network Crowdloan participant who has contributed at least 0.5 KSM, then you are qualified for the exclusive Round 1 whitelist.
Composable integrated Moonriver into the Mosaic PoC Bridge. Adding MoonriverNW to Mosaic by Composable Finance will allow users to be able to transfer assets between any project deployed on these aforementioned platforms. Details.
Integritee to collaborate with KILT Protocol for SocialKYC authentication.
Mangata Finance introduced Themis Protocol — a solution to MEV (Miner Extractable Value). This solution is optimized for DEX-specific blockchains but may serve as inspiration for wider app-specific use cases.
🌎 Community & Ecosystem
The Polkadot Hackathon Global series is starting with the APAC region and is due to start on October 22nd, and will take submissions till December 12th.
Substrate Developer Hub and Substrate.io merged for a one-stop-shop for all things Substrate, including a new design for documentation.
The Substrate Seminar has a new landing page. It's the place to learn about developing with Substrate, as well as meeting and discussing Substrate with other developers.
There's a great overview of Gossamer, the Go version of the Polkadot Host, written by Dan Forbes, now available.
Version 6.4.2 of Polkadot JS API is out. Not a breaking change, mainly something for Westmint users to be able to interact with a new runtime being piloted for Statemine (V5).
Substrate API Sidecar is out with version 11, breaking change due to supporting multiple vesting schedules on a single account, so data format changed to array.
🌠 NFT Review
A weekly newsletter keeping up with the evolution of NFTs in the Dotsama ecosystem.
Kanaria (home of NFT 2.0) pulls over 2,025 KSM (~ $746k) in weekly volume.
Artpool integrates Unique Network's marketplace technology.
The RMRK hackathon was extended to November 2021.
RMRK launch an NFT profile banner economy on Singular.
👷♂️ Jobs in Web 3.0
Want your ad here? Buy it on Singular.
That's it for this week - I hope this was as useful for you to read as it was for me to write! Many thanks to Bill Laboon for his daily digest, which helps me not miss some important updates!