Weekly News from Polkadot & Kusama #109
1. Interlay has won the 57th parachain auction on Polkadot
Interlay has won the 57th parachain auction on Polkadot with its funds, 37,777 DOT worth $261k. This is already the second slot for Interlay after winning the auction no. 10.
Interlay's flagship product, interBTC, stands as a fully collateralized, censorship-resistant, and interoperable 1:1 bitcoin-backed asset accessible on any blockchain. iBTC is the most decentralized bitcoin bridge.
2. Curio has won the 118th parachain auction on Kusama
Curio has won the 118th parachain auction on Kusama with its funds, 120 KSM worth $3600. This is the first slot for Curio ever.
CurioInvest introduces a revolutionary approach to tokenizing assets, allowing users to unlock value from both tangible and intangible holdings. Through Curio, assets can be easily resold, fractionalized, used as collateral for loans, or locked into DeFi protocols, all within a unified ecosystem.
Additionally, Curio integrates Capital DEX, an Ethereum AMM DEX, into its Parachain to enhance transaction speed, reduce gas fees, and seamlessly integrate Curio tokens into the Polkadot ecosystem, while also pioneering a real-world asset tokenization launchpad and a RollApp NFT launchpad for trading and creating NFTs linked to tangible assets like collectible cars.
3. Mangata to pioneer 1st airdrop in Polkadot/Kusama ecosystem: MGA token distribution promises community inclusivity
Mangata is gearing up for an MGA token airdrop, aiming to reward early supporters and engage the community in the token distribution process.
As Mangata introduces the omnichain zk-rollup for L1-grade liquidity on Eigenlayer, discussions are underway to determine fair criteria for the airdrop. MGX holders, particularly those involved in liquidity positions like mining and staking, are eligible for a share of the MGA airdrop pool, with distribution strategies such as chain snapshots, point-based systems, and burn-and-mint ratios being considered. The community’s input is highly valued, with discussions taking place on Discord, Twitter, and Telegram.
4. SubWallet embraces Enjin Blockchain, unveiling new possibilities for 200,000 weekly active users
SubWallet, a prominent wallet provider in the Polkadot ecosystem, has officially integrated Enjin Blockchain. With 200,000 weekly active users, Subwallet users can now seamlessly manage ENJ and other currencies, explore NFT.io, and soon store, use, and stake Enjin NFTs. The collaboration signals a significant expansion of Enjin’s presence, offering enhanced functionality and accessibility for users within the Polkadot network.
5. Ledger library exploit: What you need to know and how to stay safe
The recent Ledger library exploit has raised concerns about the security of dApps. The compromise, affecting a widely used library maintained by Ledger, allowed a wallet drainer to be added. Users are advised not to interact with dApp front ends on websites for now.
Although Ledger has removed the exploit, users must ensure their web browsers are updated before engaging with dApps, as the malicious library may still linger in the background. Stay informed and stay secure with Polkadot and other assets as well!
6. Ledger enables swapping DOT tokens directly through Ledger Live
There is one more news about Ledger, but this one is much more positive.
Swapping tokens for DOT has never been easier or more secure. You can now swap for Polkadot‘s native coin DOT directly through Ledger Live.
7. Discover the diversity of Polkadot’s ecosystem with the new web page dedicated to Polkadot DApps
Polkadot has unveiled a dedicated web page showcasing its thriving ecosystem. In the weeks to come, thematic threads on Polkadot’s Twitter account will delve into various #PolkadotDapps, highlighting the diversity within the vibrant ecosystem. Topics will range from Decentralized Exchanges (DEXes) and Decentralized Finance (DeFi) to Advanced DeFi Tools, Gaming, Social, Music & Media platforms, and NFTs.
8. HydraDX unveils dynamic Stats page
The HydraDX Stats page has officially gone live, providing a comprehensive overview of the ecosystem. Explore the Omnipool composition, delve into the Treasury breakdown, and analyze data on TVL, volume, fees, and prices. Stay up-to-date with the latest transactions and discover the top LPs shaping the HydraDX landscape.
The Stats page is just the beginning — anticipate more exciting features to be added in the future.
9. Bosch joins forces with peaq and Fetch.ai to launch innovative DePIN device
Bosch, the world’s largest sensor manufacturer, partners with peaq and Fetch.ai to introduce a groundbreaking device.
The Bosch XDK110 Rapid Prototyping Kit is equipped with eight sensors, enabling users to collect valuable data across various Decentralized Physical Infrastructure Networks (DePINs) and monetize it through Fetch.ai’s AI Agents on the peaq blockchain.
This collaboration marks a significant advancement in Web3, AI, and IoT convergence, fostering a new era for community-driven, decentralized data-based services.
10. SubsocialChain introduces Active Staking: Boost your rewards up to 3x
SubsocialChain revolutionizes staking with the launch of Active Staking, aiming to reward active participants and incentivize new authors. This alpha-phase initiative offers stakers of SUB tokens the opportunity to increase their rewards by up to 3 times compared to passive staking.
By actively engaging with content on Subsocial, users can supercharge network growth while enjoying enhanced staking benefits. Learn more about this groundbreaking feature, subject to ongoing development, and discover how to participate in the alpha phase of Active Staking.
11. Polimec successfully graduates from Substrate Builders Program
Big congratulations to Polimec for the successful completion of the Substrate Builders Program. Achieving Milestone 3 is a testament to the team’s dedication to accelerating the Polkadot ecosystem. Polimec’s commitment to decentralized, transparent, and regulatory-compliant fundraising is a crucial step in aligning stakeholder incentives. Stay tuned for the next exciting chapter on Polimec’s Road to Launch, as they continue to contribute to the growth of the Polkadot network.
12. ASTR is now available on UPbit: Entering the Korean market
Exciting news for the Astar community. ASTR, the native token of Astar Network, has been listed on UPbit, one of South Korea’s leading cryptocurrency exchanges. The listing opens up new opportunities for ASTR in the Korean Web3 market.
The ASTR KRW market transaction support began on December 18, 2023, allowing users to trade ASTR with Korean won (KRW). This development marks a significant step forward for Astar Network’s presence and accessibility in the global crypto landscape and especially in Asia.
- Enhance Polkadot’s governance process by delegating your DOT or KSM to POLKADOTTERS, dedicated community supporters within the Polkadot ecosystem, enabling seamless participation in on-chain governance through Nova wallet or Polkadot Delegation Dashboard
- Support Polkadotters Shrimp and Polkadotters Octopus on Polkadot and be a part of a more secure Web3 future
