Weekly News from Polkadot & Kusama #125
1. Memecoin Chain won the 138th parachain auction on Kusama
Memecoin Chain has won the 138th parachain auction on Kusama by using self-funds, concretely 234 KSM worth 7 151 USD.
Memecoin Chain is a hub for memecoins in Polkadot and Kusama ecosystems. Memecoin.xyz is the space to create your meme coins in the most decentralized and resilient blockchain infrastructure.
2. Polkadot & Kusama bridge opens
Polkadot and Kusama can now swap assets securely. The bridge verifies chains & messages for trustless communication.
Now: Transfer KSM & DOT between hubs (manual setup).
Soon: More lanes, stablecoins, lower fees, easier transfers & parachain connections!
This bridge paves the way for a more connected multichain future!
3. Polkadot unveils Ambassador Program 2.0, the fifth on-chain collective
Polkadot introduces Ambassador Program 2.0, marking the fifth on-chain collective on the platform. The revamped program promises enhanced features and opportunities for participants.
With Polkadot’s commitment to community engagement and growth, the Ambassador Program 2.0 aims to foster a vibrant ecosystem of contributors and advocates, focusing not just on Head Ambassadors such as the recently approved Polkadot Ambassador program, but also on different Ambassador roles within thePolkadot ecosystem.
4. VARCH airdrop increased to 50M tokens, no vesting at all
The VARCH airdrop from InvArch team kicks off with thrilling enhancements. The token allocation has surged to 50,000,000, offering a 20% bonus. Vesting periods have been eliminated, ensuring immediate access.
Over 45,000 DOT stakers qualify for the airdrop. Additionally, the maximum cap for linear distribution has been reduced to 50,000 DOT, enhancing accessibility. Distribution begins imminently, promising a boost for the Polkadot ecosystem.
5. Conor Daly's car is ready and painted for Indy 500 race
Conor Daly’s №24 car, representing Polkadot, is prepped for the Indy 500. This marks the first time blockchain technology has facilitated a major athlete’s sponsorship via community vote.
With overwhelming approval, Conor Daly gears up for his 11th Indy 500. Embracing the honor, Daly expresses gratitude for representing the Polkadot community, emphasizing the power of decentralized decision-making in shaping the future.
6. Energy Web X takes off: EWT listing on MEXC exchange imminent
The Energy Web X Kickstarter wraps up, paving the way for EWT’s listing on the MEXC exchange. With deposits already open and trading set to commence on April 8th, the community eagerly anticipates enhanced accessibility and liquidity for EWT.
7. Acala gets a liquidity boost with upcoming Sinai upgrade
Acala Network is set for a major upgrade called “Sinai,” simplifying DeFi across blockchains:
- 1-Click Multichain DeFi: Swap tokens or access DeFi features (staking, lending) with a single click, even across different blockchains (EVM or Substrate).
- More Earning Options: Earn rewards on your crypto from Solana, Ethereum, L2s through integration with more DeFi ecosystems (decided via on-chain governance).
- Enhanced Security & Speed: Improved security for cross-chain transactions and 4x faster network speeds thanks to Asynchronous Backing.
- OpenGov Implementation: Gain more control over the network through OpenGov.
- Euphrates Goes Multichain: Boosted vaults for various crosschain LSTs, building on its existing $75M+ TVL and 7.5M DOT.
8. Tanssi TestNet Dancebox goes live with staking
Tanssi’s TestNet, Dancebox, is now open for staking. This lets users experience the process before the full network launch and helps secure the platform.
Dancebox lets developers test appchain deployment in a user-friendly, permissionless environment. Staking on Dancebox allows users to:
- Get familiar with staking: Learn how to stake DANCE tokens (TestNet tokens) and contribute to network security.
- Support decentralization: Help elect block producers (collators) who secure the network.
This is a big step towards Tanssi’s MainNet launch later this year. Stake now at https://apps.tanssi.network/staking and get ready to build on Tanssi. And of course, Polkadotters are a choice of your favorite collator on Tanssi.
9. Decentralized Futures introducing Polkadot Multisig powered by Signet
Signet, a game-changing tool from Talisman team, simplifies complex blockchain tasks (treasury, payments, staking) for enterprises. It offers familiar risk management with enhanced blockchain security.
Built on Substrate for Polkadot, Signet’s open-source, self-hostable platform provides configurable workflows and utilizes multisig, proxy, and governance features. This control empowers businesses and fosters trust in Polkadot.
Early traction and user-friendly interfaces are attracting major players. With continued development, Signet is poised to become a pillar of Polkadot, simplifying enterprise adoption and unlocking blockchain’s potential.
Explore Polkadot Multisig, a public version of Signet, at https://polkadotmultisig.com/.
- 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
