Weekly News from Polkadot & Kusama #123
1. Xode won 136th parachain auction on Kusama
Xode has won the 136th parachain auction on Kusama by using self-funds, concretely 300 KSM worth 13k USD. Xode was leading the auction just 23% of the time, so it has a big chunk of luck with it.
Xode is a Philippines blockchain ecosystem featuring its unique on-chain governance system, designed to foster game development and business integration within Web3 and the Polkadot network, utilizing both Rust and Solidity programming languages.
2. Spacewalk Bridge goes live: Stellar and Polkadot’s interoperability dream realized by Pendulum
The long-anticipated Spacewalk Bridge, facilitating seamless connectivity between Stellar and Polkadot, is now operational on the Pendulum network. Following its inception nearly a year ago, this groundbreaking project promises to revolutionize DeFi collaborations between the two ecosystems.
With Spacewalk, users can effortlessly transfer fiat-backed stablecoins and cryptocurrencies across networks, heralding a new era of financial inclusivity. As the bridge enters its public launch phase, users are invited to explore its capabilities and contribute to the mission of democratizing DeFi for individuals worldwide. Follow our guide to get started today!
In addition to Stellar’s native token, XLM, the following stablecoins are now bridgeable through Spacewalk:
3. Isolated Pool on HydraDX opened for DED/DOT pair
HydraDX introduces the DED/DOT Isolated Pool, enabling seamless trading of DED memecoin alongside over 20 other assets via its multi-AMM trade router. This innovative XYK trading pool operates independently from the Omnipool, providing a trustless market-making solution ideal for low-cap tokens seeking liquidity.
Explore Isolated Pools at https://app.hydradx.io/liquidity/isolated for effortless asset swaps in a single transaction.
4. Mythos unveils Mythos 2.0: A glimpse into the future of Web3 gaming, on Polkadot
Get ready for Mythos 2.0 as the platform shares a sneak peek into upcoming changes and updates leading to the launch of the new Mythos Chain and tokenomics in April.
With Mythos Chain, powered by Polkadot, set to become the premier gaming chain upon launch, boasting 800,000 active wallets, 4.2 million monthly transactions, and daily digital asset sales exceeding $1 million, the future of web3 gaming is about to undergo a revolutionary transformation.
5. BOB raises $10M for first Bitcoin-Ethereum hybrid Layer-2 network
BOB, short for “Build on Bitcoin,” secured a $10 million seed funding round led by Castle Island Ventures, with support from Mechanism Ventures, Bankless Ventures, CMS Ventures, UTXO Management, and notable angel investors Dan Held and Domo.
The groundbreaking project aims to introduce the first layer-2 network compatible with both Bitcoin and Ethereum, leveraging the Ethereum Virtual Machine (EVM) standard. BOB’s innovative approach tackles concerns about network strain by conducting computations off-chain, mirroring the mechanics of optimistic rollups on Ethereum, ensuring optimal performance for all users.
6. Pendzl is another recipient of the Decentralized Futures Program by W3F
Pendzl, the latest recipient of the Decentralized Futures Program grant by the Web3 Foundation Team, emerges as a pivotal player in the Polkadot ecosystem, poised to revolutionize smart contract development. Designed to simplify the ink! smart contract landscape, Pendzl offers an intuitive toolkit with features like event emission, enhancing usability and developer experience.
Led by seasoned professionals Konrad Wierzbik and Łukasz Łakomy, Pendzl fosters collaboration and aims to drive cost-effective development within the community. With a focus on customization, flexibility, and ease of use, Pendzl represents a significant advancement in the Polkadot development journey, inviting contributions and insights from developers worldwide.
7. Join the Build on Polkadot W3Transfer Challenge by Encode club & Apillon
Embark on a month-long journey of innovation with the Build on Polkadot: W3Transfer Challenge, presented by Apillon and Encode Club. Engage in workshops to develop cutting-edge decentralized file sharing dApps. With a prize pool of $10,000, this event, sponsored by Polkadot Events Bounty, promises exciting opportunities. Register now to be a part of the revolution.
8. Smartflow Launches: Revolutionizing Enterprise Solutions on Energy Web X and Polkadot
Energy Web introduces Smartflow, an innovative as-a-service solution empowering enterprises to easily deploy Web 3 technologies on Energy Web X and Polkadot.
Smartflow enables businesses to configure and deploy custom business logic using decentralized networks of worker nodes, ensuring data security and transparency. With applications spanning from energy consumption matching to grid balancing, Smartflow offers a transformative solution for industries seeking decentralized data processing.
- Support Polkadotters Shrimp and Polkadotters Octopus validators on Polkadot and be a part of a more secure Web3 future
- 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
