Weekly News from Polkadot & Kusama #161
1. Bifrost partners with Phala Network to launch liquid staking token vPHA
Bifrost has teamed up with Phala Network to introduce vPHA, the first native liquid staking token for PHA. This innovative token allows Phala holders to stake, earn, and keep their assets liquid while participating in DeFi.
In the Pre-Mint phase, vPHA functions as a vault contract on Ethereum, offering early adopters the chance to earn passive income from staking rewards. Launched on Omni Chain L2, but in the future, vPHA will expand across multiple blockchains, boosting its DeFi utility.
2. Acala integrates with Snowbridge to unlock the Ethereum ecosystem
Acala is integrating with Snowbridge, enhancing its interoperable DeFi vision by connecting with Ethereum. This integration offers secure cross-chain interactions and allows Acala users to access Ethereum’s DeFi landscape while opening Acala’s offerings to Ethereum users.
With lower costs and high efficiency driven by Polkadot’s infrastructure, Snowbridge ensures scalable, decentralized interactions and liquidity expansion, accelerating the path toward a decentralized financial future.
3. Experience One-Click Swaps with Nova Wallet & Hydration
Nova Wallet introduces 1-Click Swaps, providing the best user experience with low fees and the highest cashback in the Polkadot ecosystem. Backed by Hydration, these swaps make each transaction smoother and more rewarding than ever before.
4. 250M STELLA burned: 50% of total supply reduced by StellaSwap
A significant burn event occurred — 250M STELLA, representing 50% of the total supply, has been burnt. This reduction in supply could have important implications for the token’s value and ecosystem.
5. NFL Rivals mini-app launches on Telegram
Experience the excitement of NFL Rivals with a new Telegram mini-app created by Koni Stack and the SubWallet team. This innovative app lets you use your NFL Rivals players to compete for weekly MYTH prizes. Ready to join the action? Click the link to get started: footballrivalsbot.
6. Recognizing excellence in Security: Snowbridge’s first bug bounty paid
Snowbridge has awarded its first bug bounty, paying $15,000 worth of DOT to Parth Desai and Gorka Irazoqui from Tanssi. They identified a potential vulnerability in Snowbridge’s Testnet that could have allowed an attacker to mint infinite assets by taking over a parachain.
Thankfully, the bug never reached production, and no issues occurred. Despite requiring a trusted parachain takeover, the vulnerability was deemed high severity, reinforcing Snowbridge’s commitment to security excellence.
7. Nova Wallet's dApp browser gets a major upgrade, listed top dApps like Turtle, Mimir Multisig or Ramp Harbour
The Nova Wallet dApp Browser just got a major upgrade, featuring:
✅ Organized categories like Staking, DEX, and Bridge.
✅ Easy search and custom URLs for quick access.
✅ Top dApps like Turtle, Mimir Multisig, or Ramp Harbour now listed.
Discover all your favorite tools in one seamless interface. Start exploring: novawallet.io
8. Mandala Chain to launch Kepeng Token KPG soon, ready for payments in 2026
Big news from Indonesia 🇮🇩. Mandala Chain’s native token, KPG, is set to debut in 2025, with potential for local store payments by 2026. Could KPG and DOT redefine digital payments in the world’s 4th largest country?
With strong government support, rapid tech growth, and rising adoption, Mandala Chain is paving the way for blockchain innovation. Keep an eye on this one!
9. Moonbeam completes integration with The Graph for unlocking fast & reliable data for developers
Moonbeam Network has completed the Chain Integration Process with The Graph, enabling indexing rewards for developers. This means Moonbeam builders can now access fast and reliable data, powered by The Graph’s global network of Indexers, enhancing their dApp development experience.
Start leveraging the power of seamless data integration today!
10. Hydration staking rewards rise: get 23% APR + bonus incentives for active participants
Staking HDX on Hydration offers 23% annual rewards with no token inflation! Engage in governance to unlock 100% of your rewards through Hydration’s gamification system.
Recently, a forfeited 2.5M HDX rewards were redistributed to stakers, boosting returns up to 23%. Plus, the 25 weeks of 25% Treasury APR boost is just around the corner! Secured by Polkadot, Hydration ensures both high rewards and security.
11. Polkalottery debuts on Acala
Polkalottery has officially launched on the Acala Network.
- 🎟️ Ticket Price: 0.1 DOT
- 💰 Prize Pool: 200 DOT
- ⏳ Winners: 10 lucky entries, drawn in just 2.5 days!
Don’t miss your chance to play and win. Join now and take part in this exciting lottery on Acala! Visit: https://polkalottery.io/
12. Season 1 of Goal Revolution kicks off. Powered by LAOS Network bridgeless minting
Season 1 of Goal Revolution is now live, offering a thrilling football management experience with a 250 USDT prize pool up for grabs!
Powered by LAOS Network’s innovative Bridgeless minting, this multiplayer game lets you:
🌟 Get free NFT players.
🥇 Play for free.
🏆 Compete for a 250 USDT prize pool.
Join the action now: goalrev.com
13. JAM & JAM Grid: Polkadot’s decentralized cloud revolution
Discover how Polkadot is poised to rival modern cloud giants with JAM (Join-Accumulate Machine) and the JAM Grid — trustless supercomputers redefining blockchain scalability.
A new article written by Christian Casini from Permanence DAO, this article explores Polkadot’s evolution into a Web3 cloud, paving the way for decentralized supercomputing.
🔗 Dive into the future of scalable blockchain:
- Support our Polkadotters 🦐 Shrimp, 🐙 Octopus & 🐬 Dolphin 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
