Weekly News from Polkadot & Kusama #93
1. Polkadot, Substrate, and Cumulus repositories merge into a unified Polkadot SDK repo
In a significant move towards streamlining development, Polkadot, Substrate, and Cumulus repositories have been amalgamated into a single repository named Polkadot SDK. This consolidation initiative commenced on Friday, August 25th, and as of Monday, August 28th, developers can harness the unified repository’s capabilities.
While the individual repositories will be archived post-transition, existing Issues and PRs remain accessible. The transformation aims to enhance development efficiency by fostering synchronization and stability across related repos. Substrate, though no longer an independent repository, will maintain its distinct project identity, reinforcing collaborative development efforts across the ecosystem.
2. InvArch has won the 47th parachain auction on Polkadot
InvArch has won the 47th parachain auction on Polkadot by raising 153k DOT worth $688k in the crowdloan from 583 contributors.
InvArch serves as both a specialized blockchain and a service parachain for Polkadot, introducing the Saturn dynamic multisig solution that supports the entire Polkadot ecosystem. Saturn lays the foundation for DAOs, offering customizable rules and permissions, bridgeless multichain asset management, off-chain signing, and user-friendly onboarding.
InvArch’s comprehensive features include DAO Staking, Ethereum compatibility, integration support for fellow Polkadot parachain solutions, automated income flows, and Saturn Multisig — an innovative protocol for seamless bridgeless multichain access across the web3 landscape.
3. Robonomics has won the 99th parachain auction on Kusama with record lowest locked amount of KSM
Robonomics has won the 99th parachain auction on Kusama by self-funding. The amount of locked KSM is record lowest, only 0,04 KSM worth less than $1 is something absolutely unthinkable!
Robonomics is designed to revolutionize the IoT sector by building a robust platform that caters to the needs of the robot economy network. Through Robonomics platform, creators of new urban spaces and industrial zones can foster trust among autonomous robots, enabling seamless interaction for ordering goods from self-sufficient factories and urban sensor network services.
4. HydraDX is the first parachain to harness Moonbeam Routed Liquidity (MRL) via Wormhole
Moonbeam, a premier platform for multi-chain applications on Polkadot, has introduced an innovative feature, Moonbeam Routed Liquidity (MRL), that offers the entire Polkadot ecosystem effortless access to substantial liquidity through the Wormhole protocol.
Prior to this development, parachains on Polkadot had to undergo individual integrations with bridge providers to access external assets and users.
Moonbeam’s newly introduced feature, Moonbeam Routed Liquidity (MRL), has opened pathways for users of HydraDX and other platforms to easily access cryptocurrency liquidity from ecosystems such as Ethereum, Solana, Polygon, or Avalanche by using Carrier. This innovative capability eliminates the requirement for a Moonbeam account or direct interaction with its network, greatly streamlining the process.
Notably, HydraDX stands as the first parachain to leverage MRL, marking a significant step towards bolstering cross-chain liquidity and fostering enhanced interoperability throughout the Polkadot ecosystem.
5. HydraDX introduced Split Trade: enhance your trades with lower slippage on the Omnipool
HydraDX has unveiled Split Trade, an innovative feature enabling users to reduce slippage by breaking down trades into smaller segments, executed within approximately 3 hours.
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Split Trade tool, combined with Dollar-Cost Averaging (DCA), empowers traders to manage even substantial trades effortlessly within the Omnipool ecosystem. Take advantage of this functionality to minimize slippage on the Omnipool.
6. Bifrost Finance’s BNC token joins HydraDX Omnipool, expanding Liquid Staking Services across Polkadot ecosystem
Bifrost Finance’s native token BNC has now entered the HydraDX Omnipool, broadening its liquid staking offerings within the Polkadot ecosystem. As a comprehensive liquid staking protocol, Bifrost is emerging as a central hub for Liquid Staking Derivatives (LSDs). Through trustless integration via XCM, the Bifrost DAO contributed 700K BNC to the Omnipool, further showcasing the growing trend of protocols enriching their treasuries through cross-chain mechanisms.
Besides that, HydraDX is now available on DefiLlama. Finally, we can check all the metrics of the Omnipool in the most popular DeFi tracker.
7. Web3 address simplification achieved as w3ndi launches on Nova Wallet through collaboration of Apillon and KILT Protocol
A collaborative effort between Apillon, KILT Protocol, and Nova Wallet has led to the launch of w3ndi, a web3-based digital address index. This innovative initiative is a significant step towards enhancing the user experience of the Web3 ecosystem.
w3ndi allows users to link their web3name (w3n) by KILT Protocol with their digital addresses across various chains like Polkadot, Ethereum, Bitcoin, and more. The integration of w3ndi with Nova Wallet streamlines the process of initiating crypto transfers, replacing the need for long, complex alphanumeric strings with a more user-friendly approach. The partnership signifies progress in simplifying the Web3 journey and enhancing user engagement.
8. Galaxia Studios partners with Tanssi to launch a revolutionary gaming hub
Galaxia Studios, a frontrunner in Web3 gaming, has teamed up with Tanssi, an Appchain Infrastructure Protocol. This collaboration introduces an advanced gaming hub within the Tanssi protocol, enhancing user experiences and dedicated block space utilization.
By integrating with Tanssi, Galaxia Studios streamlines appchain deployment, offering dynamic NFTs and game upgrades. The alliance marks a substantial leap towards revolutionizing the blockchain gaming industry and offers exciting possibilities for users.
9. Energy Web launches Energy Web X crowdloan on Polkadot
Energy Web, a non-profit committed to hastening the energy transition through digital solutions, unveils the Energy Web X crowdloan starting on September 5th. This initiative aims to secure a parachain slot on the Polkadot Relay Chain for Energy Web X, tapping into Polkadot’s scalability and security.
By contributing to the crowdloan, both the Polkadot and Energy Web communities can support the expansion of the Energy Web ecosystem to Polkadot, furthering their mission of accelerating the energy transition. The crowdloan mechanism rewards participants and holds the potential to launch Energy Web X on October 23, 2023, enhancing the global energy landscape.
For every 1 $DOT contributed to the Energy Web X crowdloan, 1 $EWT (Energy Web Token) on Energy Web X is offered as a reward.
10. Litentry and Achainable collaborate to revolutionize Web3 identity
Litentry and Achainable are teaming up to redefine the Web3 Decentralized Identifier (DID) landscape. This partnership aims to integrate potent web3 data indexing and analysis services, enhancing their standing in the DID sector. The fusion of Litentry’s user data management and Achainable’s blockchain analysis prowess will usher in a new era of versatile web3 applications, fostering decentralized identity solutions’ growth and adoption.
- Strengthen Polkadot by nominating your DOT tokens to POLKADOTTERS, community builders for the Polkadot ecosystem
- Support Polkadotters Shrimp and Polkadotters Octopus on Polkadot and be a part of a more secure Web3 future
- Delegate your DOT or KSM to Polkadotters for easy participation in the on-chain governance via Talisman or Nova wallet
