Weekly News from Polkadot & Kusama #140
1. Frequency won the 76th parachain auction on Polkadot
Frequency has won the 76th parachain auction on Polkadot by self-funding 1,000 DOT worth 4k USD. Frequency is previously a winner of the auction no. 33.
Frequency enables scalable Web3 social networking through the Decentralized Social Networking Protocol (DSNP), offering capacity economics, coinless user onboarding, off-chain data broadcasting, and shared schemas for data interoperability.
2. JitoSOL pool goes live on Acala Euphrates with boosted rewards
JitoSOL has arrived on Acala Euphrates. Join the first single-sided staking pool for a new Liquid Staking Token (LST) on the Acala Network. Actual TVL overcome 280.61K and the APR is boosted up to 100%.
Staking is simple:
- obtain SOL on Solana,
- convert to liquid staking token JitoSOL with 7,8% valuation on https://jito.network/staking/,
- go to the JitoSOL pool on https://farm.acala.network,
- and stake via your EVM and Solana wallets.
The pool promises more rewards and integrations ahead, boosting interest and engagement.
Start farming JitoSOL now at farm.acala.network for 100% APR, which will decrease with increasing deposits.
3. Mythos is LIVE on Polkadot: 3.8M transactions mark milestone
Polkadot has made a significant entry into the Web3 gaming ecosystem with the migration of the Mythos blockchain. On July 30, Mythos’ migration contributed to a record 3.8 million transactions in a single day on Polkadot. The surge, driven by the transfer of NFTs from Mythos, highlights Polkadot’s growing influence in the gaming market. The network’s parachains mechanism promises scalable and efficient transaction processing, paving the way for future growth and innovation in Web3 gaming.
4. Decentralized Futures grants by Web3 Foundation awarded to Pop, IPTS, and Moondance Labs
Three innovative projects, Pop, Interplanetary Talent Services (IPTS), and Moondance Labs, have been awarded Decentralized Futures grants by Web3 Foundation to advance the Polkadot ecosystem.
Pop, developed by R0GUE, is set to revolutionize developer onboarding with a user-friendly CLI tool for dApp and parachain development.
IPTS aims to transform Web3 recruitment with comprehensive hiring solutions tailored for Polkadot projects.
Moondance Labs, a core contributor to the Tanssi Network, focuses on accelerating Polkadot’s adoption through strategic business development initiatives.
These three latest grants highlight Polkadot’s commitment to fostering innovation and supporting ecosystem growth.
5. Apillon's native token NCTR get listed on Hydration Omnipool
Apillon’s native token, NCTR, is now available on Hydration Omnipool, marking its second decentralized exchange listing.
Hydration, a leading Polkadot-based DEX, offers innovative AMM technology with a unified liquidity pool for efficient trading. This listing introduces NCTR to a broader audience, enhancing its trading options and global reach. Traders can leverage Hydration’s features to minimize slippage and impermanent loss, while earning rewards by providing liquidity in the DOT-NCTR isolated pool.
6. vASTR listed on Hydration Omnipool
vASTR, the liquid staked form of Astar Network's native token ASTR minted by Bifrost, is now tradable on Hydration. Seamlessly swap vASTR with over 60 assets. As the second LST in the Omnipool after vDOT, expect additional use cases to follow.
7. Crust launches Yogurt Cloud Drive with 6 months of free storage offer
Crust has launched Yogurt Cloud Drive, a personal cloud storage solution developed by the Crust Chinese community. Offering unlimited storage, no speed limits, multi-device support, and high security, Yogurt Cloud Drive is now available with six months of free storage. With Yogurt Cloud Drive, you can enjoy easy file sharing and seamless access across platforms, all backed by Crust’s decentralized storage network with 35+ global backups per file.
8. Tanssi Network’s “Let’s Forkin’ Dance” campaign hits 1.8M transactions
Tanssi Network’s “Let’s Forkin’ Dance” campaign has surged to 1.8 million testnet transactions, spotlighting innovative Polkadot projects. The campaign features four appchains:
- LeverFi, enhancing DeFi with high-performance liquidity;
- Mandala Chain, revolutionizing blockchain integration in Indonesia;
- VNBNode, blending gaming with blockchain; and
- Sinbad, offering unique decentralized asset and lending solutions.
With 70,000 community members and a successful test phase, the campaign wraps up soon
9. Roam Network joins the peaq ecosystem
Roam Network has joined the peaq system to provide telecom operators with granular DePIN-based insights into their local coverage and signal quality. This positions peaq as a key enabler for global mobile network optimisation and growth. Roam enables operators to be rewarded for providing anonymised quality of service insights that lead to better coverage for all.
10. StellaSwap simplifies token naming with removing the .xc prefix
StellaSwap has enhanced user experience by removing the .xc prefix from native tokens on Moonbeam Network and Polkadot. The updated naming convention now features streamlined token names for native assets, with .xc retained only for bridged assets.
For instance, native USDC is now displayed simply as USDC, while bridged assets will retain prefixes like USDC.wh (Wormhole) and USDC.axl (Axelar).
11. 76 NFTrees Sold on Moonbeam by Carbify
Carbify has sold 76 NFTrees on Moonbeam, each representing 4 real trees in the Amazon Rainforest. This totals 1,900 square meters (20,444 square feet) of rainforest preserved. Each NFTree covers a 5x5 meter (16'5" x 16'5") area.
Carbify links NFTs with real environmental impact, minting NFTrees for carbon offsetting and rewarding users with $aCO2 tokens.
- 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
