Weekly news from Kusama & Polkadot #51
1. Crust Network has won the 30th parachain auction on Polkadot & 57th parachain auction on Kusama
Crust Network is the winner of the 30th auction on the Polkadot network by raising ~72k DOT worth ~$425k from 811 contributors. Crust Network was leading the auction all of the time, so they were undoubtedly favorites for this auction.
Also, with only a few hours difference, Crust Shadow, a canary network of Crust, secured its second parachain auction slot on Kusama by winning the 57th parachain auction. Crust raised 1 807 KSM worth ~$62k from 209 contributors.
Besides this, Crust has another piece of news. They enabled Polkassembly as a new governance platform for both Crust and Crust Shadow, where community members can initiate proposals and/or vote on other people’s proposals.
Crust Network is the storage protocol for Web3 services, while it supports multiple storage layer protocols such as IPFS, and exposes storage interfaces to application layers. Crust Network is simply intended to create a decentralized cloud environment that places a premium on data privacy and digital ownership. Crust’s decentralized storage is achieving relatively low cost and high performance at the same time.
2. Dr. Gavin Wood passed his CEO role at Parity to Björn Wagner
Dr. Gavin Wood passed his CEO role at Parity Technologies to Björn Wagner. But Gavin is not leaving Parity, he will just have a new role, which will be a Chief Architect. This means that Polkadot, as a decentralized network, will no more be linked with just one major name, which will definitely lead to an additional degree of decentralization. For Polkadot itself, this practically means that Gavin will have more time for coding and the further development of Polkadot, while Björn will focus on the director role and the propagation of Polkadot externally.
Anyone who has worked with me knows where my heart lies. I’m a thinker, coder, designer and architect.
I can act at being a CEO well enough for a short while, but it’s not where I’m going to find eternal happiness. A good CEO needs to be available to others on a far more continuous basis. They need to enjoy representing the company, both internally and externally. They need to not be bothered by large swathes of their time becoming eaten up in meetings and calls with a plethora of multicolored boxes on their calendar.
Thankfully though, I’m happy and excited to announce that Björn Wagner, Parity co-founder and essentially the founder of the Ecosystem Development division, has agreed to wear this particular hat going forward.
A statement from Dr. Gavin Wood, source: parity.io blog
About Parity Technologies: Parity was initially founded as EthCore in late 2015 by Dr. Gavin Wood, Aeron Buchanan, TJ Saw, Ken Kappler, and Jutta Steiner, while Björn Wagner joined the group as a co-founder a year later. In late 2020, with the exit of the last of the initial founders, Dr. Gavin Wood became the CEO of Parity.
3. DOTBrno revealed its speakers: representatives of KILT, Mangata Finance or KodaDot
A one-day conference called DOTBrno is getting closer every day. It's being organized by the teams from the Dotsama ecosystem, namely KodaDot, Polkadotters and Authtrail. As the name refers, it will be held in Brno, the Czech Republic, on 10.11.2022 as a side event to the ETHBrno hackathon.
There will be 8 speakers at the conference and DOTBrno is revealing them with a two-day delay, but right now we already know about 3 of them, and more will be announced very soon. At the end of the day, there will be a panel discussion with the most interesting speakers.
- Speaker no 1: Viki Val, co-founder of KodaDot, with the talk about Unified NFT developer experience
- Speaker no 2: Alice und Bob, communications director at Mangata Finance, with the talk focused on solving the fundamental problems of DeFi
- Speaker no 3: Tino Rusch, Web3 developer at KILT, with the talk about the importance of identity in web3
The tickets are free of charge, but the space is limited to +- 150 people, so make sure to grab your ticket in time. Go and reserve your spot on Eventbrite.com.
4. Moonbeam Ignite, an incentive campaign to grow the ecosystem liquidity
Moonbeam recently introduced Ignite 💥, an ecosystem-wide incentive campaign focused on the growth of the Moonbeam network by increasing liquidity.
With the recent passing of Moonbeam’s ecosystem grant proposals by the two largest protocols, StellaSwap and Moonwell, Moonbeam will bring awareness to the re-opening of new markets on the network by introducing the joint marketing campaign called the Moonbeam Ignite.
Over the next 24 weeks, 12M $GLMR would be distributed to LPs across StellaSwap and Moonwell as part of the Moonbeam Ignite campaign. Besides that, there will be several other initiatives including AMAs, competitions, NFT giveaways, and more to create strong awareness and engagement across Moonbeam’s community.
5. Moonbeam expands cross-chain capabilities with Hyperlane deployment
Hyperlane, the interoperability platform accelerating applications towards the interchain singularity, is now live on the Moonbeam Network. Hyperlane is adding cross-chain capabilities and new features such as Sovereign Consensus for dApp developers, from which users can tap into many tokens & chains at once.
Messaging protocols like Hyperlane provide the critical capability that allows Moonbeam to serve developers building cross-chain applications. The Hyperlane integration provides Moonbeam developers access to unique destinations and novel features such as Sovereign Consensus, which gives developers fine-grained control over the security architecture of their applications. The addition of Hyperlane strengthens the ability of Moonbeam to support cross-chain connected protocols.
commented Derek Yoo, CEO of PureStake, a development team building Moonbeam.
Hyperlane is developing the easiest and most secure mechanism for blockchains to connect, letting developers focus on their applications rather than blockchain infrastructure.
6. Gauntlet risk parameter recommendations for Acala and Karura were implemented
Gauntlet Network, financial risk management and modeling partner for Acala and Karura networks, has provided new risk parameter recommendations to optimize capital efficiency and risk for both networks.
Gauntlet’s simulation engine has ingested the latest market and liquidity data following the resumption of Acala’s services, for which Gauntlet made the following recommendations. Both Acala and Karura networks initiated referenda for which users voted and agreed upon those recommendations.
Most recommendations lead to increasing liquidation ratio and stability fee, except the KSM token, where the stability fee dropped. The minimum collateral ratio for LKSM was also lowered.
7. Darwinia connected to Moonbeam and Parallel via XCM
Darwinia has two more new XCM integrations with the most used parachains on Polkadot, Moonbeam Network and Parallel Finance. Those integrations now enable RING cross-chain token transfers while also opening the door for connected contract interactions via Darwinia’s Universal Cross-Chain Messaging Network.
Darwinia is a trustless multi-chain bridge hub network aiming to be the foundational layer for the next generation of Web3.0 dApps and games. Darwinia already won the 21st parachain auction on Polkadot. Darwinia has its own canary network on Kusama called the Crab Network.
8. Bifrost is available on Ledger, but yet in dev mode
Bifrost recently announced the availability for the Ledger hardware wallet. You can find wallet support in the dev mode. The full launch is still being finalized, so right now it's only for advanced users.
You can enable dev mode for Ledger HW here: https://developers.ledger.com/docs/live-app/developer-mode/
Consider supporting us by nominating of your tokens to the Kusama or Polkadot validator going by the POLKADOTTERS name.
