Weekly News from Polkadot & Kusama #141
1. Manta won the 77th parachain auction on Polkadot
Manta Network has won the 77th parachain auction on Polkadot by self-funding 150 DOT worth 659k USD. Manta is previously a winner of the auction no. 39.
Manta Network leverages zkSNARKs to provide end-to-end privacy for blockchain transactions, allowing users to privatize, swap, and send parachain assets securely and seamlessly.
2. Zeitgeist won the 78th parachain auction on Polkadot
Zeitgeist has won the 78th parachain auction on Polkadot by self-funding 500 DOT worth 2,2k USD. Zeitgeist is previously a winner of the auction no. 32.
Zeitgeist is a decentralized network that enables the creation, trading, and resolution of prediction markets, using its native currency, ZTG, to govern the network and settle disputes.
3. Distractive launches Polkadot redesigned website with new features
The new Polkadot website, designed by Distractive, is live! With a fresh design, simplified messaging and improved user experience, the site provides a streamlined gateway to the Polkadot ecosystem.
With easy onboarding for newcomers and new features such as a decentralized job board and events page, the site reflects Polkadot’s commitment to being the secure core of Web3. Further updates, including case studies and project-specific pages, are coming soon.
4. Transistor secures Decentralized Futures grant to drive Polkadot’s U.S. expansion
New York-based Web3 firm Transistor has been awarded a Web3 Foundation “Decentralized Futures” grant to lead Polkadot’s expansion in the U.S.
Transistor will focus on business development, ecosystem growth, and onboarding initiatives, leveraging its expertise to enhance Polkadot’s adoption in the U.S. market. This strategic partnership aims to strengthen Polkadot’s presence and foster growth in the digital economy.
5. MLabs receives Decentralized Futures grant for GRANDPA protocol verification
The Web3 Foundation has awarded MLabs a Decentralized Futures grant to formally verify the GRANDPA protocol, a cornerstone of the Polkadot network. This grant supports MLabs’ rigorous process of applying mathematical proofs to ensure the protocol’s security and reliability. The verification effort underscores Polkadot’s commitment to maintaining a robust and secure blockchain infrastructure through advanced formal methods.
6. Acala launches new ACA/DOT & LDOT/DOT isolated pools on Hydration DEX
Acala has introduced new isolated pools for ACA/DOT and LDOT/DOT on Hydration, the leading DEX on Polkadot. Users can now swap ACA and LDOT directly on the platform or become early liquidity providers. An incentive proposal for these pools to reward liquidity providers is ongoing.
7. Hydration Memepad launches: Create and launch your memecoin with ease
The Hydration Memepad is now live, making it easier than ever to create and launch your own memecoin on Polkadot. With just a few clicks, you can mint your memecoin on Asset Hub and launch it on Hydration.
Explore more at nofunonpolkadot.com.
8. Soroswap integrates Spacewalk for Stellar-Polkadot connection
Soroswap has integrated the Spacewalk bridge from Pendulum as its backend solution, connecting Stellar’s fiat-backed stablecoins with Polkadot’s ecosystem. This integration offers seamless on/off ramps, enhancing Soroswap’s decentralized finance offerings.
Spacewalk’s open-source approach and operational readiness were key factors in the decision. Soroswap plans to leverage this bridge for future DeFi innovations, expanding liquidity and integrating new tokens, solidifying its role in cross-chain financial solutions.
9. Mythos dominates gaming blockchain with Polkadot’s unmatched infrastructure
Mythos is now the leading gaming blockchain by wallets, transactions, and sales, outpacing all but Ethereum, Solana, Bitcoin, and Polygon in digital assets.
Powered by Polkadot, Mythical Games sets new standards in NFT gaming, driving genuine transaction volume with minimal wash trading. Polkadot’s scalable, future-proof infrastructure offers seamless, cost-effective experiences, attracting more projects like Pudgy Penguins.
10. Acala partners with Kylix Finance to launch self-repaying lending product
Acala has teamed up with Kylix Finance to introduce a cutting-edge self-repaying lending product powered by Acala’s liquid staking protocol, LDOT.
As a new cross-chain lending platform on Polkadot, Kylix Finance aims to revolutionize DeFi by offering loans that repay themselves over time using LDOT’s staking rewards. This collaboration showcases the potential of Polkadot’s ecosystem in delivering innovative financial solutions.
11. Bifrost now supports Ledger: Securely manage your assets
Bifrost has officially launched Ledger support, allowing users to store, mint, transfer, and cross-chain assets using the Generic Polkadot Ledger app. This long-awaited feature enhances security and convenience for Bifrost users.
12. Polkadot Ledger App fully integrated with Astar Network
Astar Network now supports the new Polkadot Generic Ledger app, allowing seamless management of all Polkadot parachains and cross-chain features, including XCM, through a single application. Existing Astar Native Ledger users can easily migrate their accounts using the Migration app.
13. Crust Network announces major upgrades
Crust Network has optimized its on-chain system by implementing batch processing and off-chain power calculations, significantly enhancing efficiency and reducing costs. Now supporting multiple Ethereum L2s including Arbitrum, Optimism, and Polygon, Crust is also preparing for integration with the Ton ecosystem. These upgrades mark a pivotal step in Crust’s mission to become the leading infrastructure for decentralized storage across various blockchains.
- 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
