Polkadot Ecological Weekly: Polkadot Pioneer Award incentive plan is brewing, Polkadot has taken a new step in governance
Produced by the Polkadot Ecological Research Institute, it must be a boutique
Polkadot's one-week observation is a summary of what happened to Polkadot's entire ecology last week, and we will also share some of our observations on these events in the form of vernacular. This article is intended to provide information and opinions, and does not endorse any project. Any project mentioned is not for investment recommendation, but for information display only.
Observation and Viewpoint
Produced by the Polkadot Ecological Research Institute, it must be a boutique
Polkadot's one-week observation is a summary of what happened to Polkadot's entire ecology last week, and we will also share some of our observations on these events in the form of vernacular. This article is intended to provide information and opinions, and does not endorse any project. Any project mentioned is not for investment recommendation, but for information display only.
Observation and Viewpoint
This week marks the last week before New Year's Eve, and the Chinese market is already filled with a strong sense of the New Year, ready to welcome the Spring Festival. Similarly, following Gavin Wood’s release of Polkadot’s 2021 annual summary, preparations are being made for Polkadot’s new development in 2022 in an orderly manner.
Last week, Polkadot launched some new trends, such as Gavin Wood tweeting recruitment, aiming to shape the next generation of Polkadot technology; Polkadot's new round of parachain slots began on January 21; a new incentive The planned Polkadot Pioneers Prize (Polkadot Pioneer Award) is being discussed on Polkaassembly... These activities will inject new vitality into Polkadot, and also confirm what Gavin said: "Polkadot is entering the next stage .”
Among them, the Polkadot Pioneer Award is very worthy of attention. The Polkadot treasury has hundreds of millions of dollars in funds. As long as it continues to operate, the Polkadot treasury will have sufficient funds, but the use of the Polkadot treasury has always been at a relatively early stage. So much so that there is still a lot of funds that have not been used.
Therefore, how to use the funds of the Polkadot treasury more efficiently and accelerate the development of the Polkadot ecology has become a direction of close discussion in the Polkadot official community in recent days. And this Polkadot Pioneer Award is the first step to a breakthrough. The Polkadot Pioneer Award can be understood as an industry guidance fund in our reality, which is used to support the development of a certain industry.
The point is not that it needs to support zero-knowledge technology or improve infrastructure, nor is it that it is 15 million US dollars, but that with this precedent, the first step has been taken, and the Polkadot treasury will have more possibilities in the future There are more and more direct means of empowering the ecology, but the discussion in this regard is still ongoing.Polkadot has always been ahead of all public chains in terms of leading decentralization and governance. Looking at all public chains, many emerging public chains have also begun to learn to build a treasury like Polkadot. Some fine-tuning of the economic model is also aimed at adding a treasury mechanism.Afterwards, how Polkadot uses treasury funds to better build the ecology will also continue to provide cutting-edge experience for other public chains. In addition, Polkadot's co-founder Robert also tweeted that the governance module can enable open source protocols to fund their own development. And Robert also published an article called "Polkadot 1.0: Fragmentation and Economic Security".
This article is about the technology supporting Polkadot, and it is mainly written for technical readers who have a certain understanding of blockchain consensus. Robert hopes this article will be useful to people other than developers. For details of the first part, please see: "
Polkadot v1.0: Sharding and Economic Security (1)
"On the other hand, on January 22, One Block and Parity Tech jointly organized the Substrate2021 year-end summary, reviewing the important milestones of the Substrate ecosystem in terms of technology, applications and projects.
The Substrate framework is not only an epoch-making invention of Polkadot, but also gradually became the choice of non-parallel chain projects during the year of rapid development of the Polkadot ecosystem. Next week, Polkadot will also hold a meeting to discuss in depth the different functions provided by Substrate in building a decentralized governance system.
Prior to this, Moonbeam successfully launched Polkadot, becoming the first fully operational parachain on Polkadot. Last week, the Astar mainnet was also officially launched on Polkadot, which means that developers can use its developer tools to build their Dapps on Polkadot. After Moonbeam went live, it continues to bring more integrations and activities to Polkadot.In general, we will see a different Polkadot in 2022, and the technology will become more mature with the development; the cross-chain ecology will also usher in an explosion; the new governance will also be more decentralized, etc., a new chapter begins On the occasion, we also looked forward to Polkadot's 2022 and listed 6 possible changes, which can be referred to "》
The following is a detailed introduction of Polkadot's ecological news last week, please enjoy.
Polkadot Dynamics
Polkadot ecology 2022 outlook, 6 changes may occur
The following is a detailed introduction of Polkadot's ecological news last week, please enjoy.
Polkadot Dynamics
[Polkadot founder Gavin Wood tweeted to recruit candidates, aiming to conduct research and prototyping at Parity Technologies with him to shape the next generation of Polkadot technology. 】
Gavin Wood, the founder of Polkadot, tweeted to recruit candidates, aiming to conduct research and prototyping at Parity Technologies with him to shape the next generation of Polkadot technology.
[The Polkadot Council is currently considering a treasury proposal for Bright Treasury maintenance]
The Polkadot Council is currently considering a treasury proposal for Bright Treasury maintenance.
[At 19:20 on the evening of January 22, domestic time, One Block and Parity Tech jointly held the Substrate2021 year-end summary, reviewing the important milestones of the Substrate ecosystem in terms of technology, applications and projects. Gear Tech's CTO and representatives of other leading Substrate-based projects will share their experiences】
The Substrate2021 year-end summary will be held at 19:20 on the evening of January 22, domestic time, reviewing the important milestones of the Substrate ecosystem in terms of technology, applications and projects. Gear Tech's CTO and representatives of other leading Substrate-based projects will share their experiences.
[On January 28, Polkadot will hold a meetup in Hungary. Sacha Lansky from Parity Tech will discuss in depth the different functions Substrate provides for building a decentralized governance system on a Substrate-based blockchain]
On January 28, Polkadot will hold a meetup in Hungary, where Sacha Lansky from Parity Tech will discuss in depth the different functions Substrate provides for building a decentralized governance system on a Substrate-based blockchain.
【Polkadot version 0.9.50-1 has been released, and the upgrade priority is low】
Polkadot version 0.9.50-1 has been released, and the upgrade priority is low.
[Proposal 421 Proposal to Clear Queue for Some Uncontextual Bounty Proposals Now Passed and Implemented]
Proposal 421 recommends clearing the queue of some context-free bounty proposals that have now been passed and put into action.
[Polkadot’s new round of parachain slot auctions will start when block #8_666_910 arrives on January 21, domestic time]
Polkadot’s new round of parachain slot auctions began on January 21, domestic time when block #8_666_910 was reached.
[Helikon released a proposal to continue working on SubVT (Substrate Validator Toolkit)]
Helikon released a proposal to continue working on SubVT (Substrate Validator Toolkit).
[A new incentive plan, the Polkadot Pioneers Prize, is being discussed on Polkasembly, and the challenges it faces include Polkadot infrastructure improvement and zero-knowledge research]
A new incentive program, the Polkadot Pioneers Prize, is being discussed on Polkasembly, with challenges including Polkadot infrastructure improvements and zero-knowledge research.
[Polkachu has released a proposal to cover the maintenance costs of its dashboard and other validator/nominator services]
Polkachu has published a proposal to cover the maintenance costs of its dashboard and other validator/nominator services.
[Polca's 8th Parachain Slot Auction has been opened at around 3 am on January 21]
Polkadot’s 8th Parachain Slot Auction has been opened at around 3 am on January 21.
[At 18:03 p.m. on January 23, Kusama’s 22nd Parachain Slot Auction ended, and the 23rd slot will be officially opened at 21:03 on January 23]
At 18:03 pm on January 23rd, the 22nd Parachain Slot Auction of Kusama ended, and the 23rd slot will be officially opened at 21:03 on January 23rd.
【On January 23, Darwinia Crab won the 22nd slot in Kusama by locking 7553 KSM】
Darwinia Crab won the 22nd slot in Kusama on January 23rd by locking 7553 KSM.
[Polkadot founder Gavin retweeted that about 190k Rmrk tokens were transferred to Moonriver in the form of xcRMRK within 24 hours. This is just the tip of the iceberg for Polkadot to achieve trustless XCMP]
The founder of Polkadot retweeted that about 190k Rmrk tokens were transferred to Moonriver in the form of xcRMRK within 24 hours, which is just the tip of the iceberg of Polkadot’s trustless XCMP.
[Polkadot co-founder Robert published an article titled "Polkadot 1.0: Fragmentation and Economic Security"]
Polkadot co-founder Robert published an article called "Polkadot 1.0: Sharding and Economic Security".
[Pocahontas co-founder Robert tweeted that the governance module can enable open source protocols to fund their own development. This is a proposal by the Polkadot treasury to fund key components of the Polkadot technology stack]
[Polca treasury may soon provide huge funds for further development of zero-knowledge extensions and network infrastructure. Exit-to-DAO as a business model will be the decisive change in 2022 and beyond]
According to the latest Polkadot weekly report released by PolkaWorld, important events this week include:
Polkadot treasury may soon provide huge sums of money for further development of zero-knowledge scaling and network infrastructure. Exit-to-DAO as a business model will be the defining change in 2022 and beyond.
[Polkadot Weekly｜Parity Initiates a Treasury Proposal to Fund Polkadot Network Research]
According to the latest Polkadot weekly report released by PolkaWorld, important events this week include:
The 8th Polkadot Auction has started at around 3 am on January 21st! The highest bidder so far is Centrifuge.
Gavin tweeted to invite everyone interested in Polkadot technology to join Parity and conduct research and prototyping together! Gavin also personally interviews candidates. Email contact: gavin@parity.io
Robert, the co-founder of Polkadot, tweeted that the governance module can enable open source protocols to fund their own development.
Polkadot co-founder Robert tweeted, “I wrap up my work on Polkadot consensus with this short article on protocol development. 5 years and millions of lines of code later, we're still here. It's been a crazy week! "At the same time, the article "Polkadot1.0: Fragmentation and Economic Security" was published, and PolkaWorld is translating the Chinese version!
Parity proposed a new incentive plan, the Polkadot Pioneers Prize, which is being discussed on Polkaassembly. This proposal aims to apply for funds like the national treasury for Polkadot infrastructure improvement and zero-knowledge research.
Polkadot version 0.9.50-1 has been released, and the upgrade priority is LOW.
Referendum 50 proposing to upgrade the Polkadot runtime to v9151 passed and executed.
The Polkadot Council voted to maintain the Bright Treasury treasury proposal.
At 18:03 pm on January 23, the 22nd Parachain Slot Auction of Kusama ended. After 24 minutes of random ending period, Darwinia Crab won the 22nd slot of Kusama by locking KSM! The 23rd slot will be officially opened at 21:03 on January 23rd! As of this writing, 23 parachains have won Kusama slots!
Helikon released a treasury proposal for the continued operation of SubVT (Substrate Validator Toolkit). Currently waiting for feedback from the Kusama council and community!
big ecological news
Kusama Motion 421, cleared some bounty proposals that did not contain contextual information, passed and implemented.
The Kusama 165 referendum has been passed and implemented, which opens the HRMP channel between Bifrost and Statemine.
big ecological news
[Moonscan now supports the Moonbeam network, through Moonscan, users and developers can access developer tools and network statistics, providing detailed insight into Moonriver and Moonbeam's EVM]
Moonscan now supports the Moonbeam network, and through Moonscan, users and developers can access developer tools and network statistics, providing detailed insight into Moonriver and Moonbeam’s EVM.
[Acala's ACA pass transfer will be enabled at about 1:00 noon domestic time on January 25. The time will vary according to the block time]
Acala's ACA token transfer will be enabled at approximately 1:00 noon domestic time on January 25. The time will vary according to the block time.
【More than 4,000 xcKSM have been deposited into Moonriver, which is an important milestone for the MOVRines community and the Dotsama ecosystem. marks the first of many planned cross-chain capabilities utilizing XCM]
Over 4,000 xcKSM have been deposited into Moonriver, a major milestone for the MOVRines community and the Dotsama ecosystem. Marking it as the first of many planned cross-chain capabilities utilizing XCM.
[Standard Protocol's stable currency will be launched on Polkadot ecological projects such as Astar, Shiden, and Polygon]
Standard Protocol's stablecoins will be launched on projects such as Polkadot Ecosystem Astar, Shiden, and Polygon.
[SOMA.finance's whitelist is currently open to the MANTRA DAO Sherpa community]
The SOMA.finance whitelist is currently open to the MANTRA DAO Sherpa community.
[Composable Finance is now joining forces with RMRK and commemorating this groundbreaking alliance by giving away exclusive and limited Kanaria items to its 500 composable Polkadot parachain crowdlending contributors]
Composable Finance is now joining forces with RMRK and commemorating this groundbreaking alliance by gifting its 500 composable Polkadot parachain crowdlending contributors with exclusive and limited Kanaria items.
[The Zeitgeist parachain is now producing blocks. Currently, the chain is functionally minimal, but the team is gearing up for a Runtime update this week and working on improving the infrastructure, finalizing $ZTG allocation for pre-launch audit]
The Zeitgeist parachain is now producing blocks. Currently, the chain is functionally minimal, but the team is gearing up for a runtime update this week and working on improving the infrastructure and finalizing the $ZTG allocation for the pre-launch audit.
[Zenlink's X-Transfer now supports Rmrk's $RMRK cross-chain from Statemine to Bifrost]
Zenlink's X-Transfer now supports Rmrk's $RMRK cross-chain from Statemine to Bifrost.
[Astar mainnet is officially launched on Polkadot, and developers can use its developer tools to build their Dapps on Polkadot]
The Astar mainnet is officially launched on Polkadot, and developers can use its developer tools to build their Dapps on Polkadot.
[So far, more than 4,100 xcKSM have been minted on Moonriver. Zenlink’s first-mover advantage enables it to absorb 85% of the token supply into the xcKSM/MOVR and xcKSM/USDC pools]
So far, more than 4,100 xcKSM have been minted on Moonriver. Zenlink’s first-mover advantage allowed it to absorb 85% of the token supply into the xcKSM/MOVR and xcKSM/USDC pools.
[Astar's EVM is now activated, developers are ready to deploy Solidity smart contracts on Astar]
Astar's EVM is now activated and developers are ready to deploy Solidity smart contracts on Astar.
[Zenlink's X-Transfer currently only supports Statemine crossing into Bifrost (cross-in), and does not support Bifrost backing to Statemine (cross-out). Therefore, users cannot cross back to Statemine after $RMRK is crossed into Bifrost]
Zenlink's X-Transfer currently only supports Statemine crossing into Bifrost (cross-in), and does not support crossing Bifrost back to Statemine (cross-out). Therefore, after users transfer $RMRK into Bifrost, they cannot cross back to Statemine.
[Moonwell DeFi, as an open lending and DeFi protocol, aims to support various DeFi dApps in the Polkadot ecosystem, and Moonbeam and Moonriver will be launched soon]
As an open lending and DeFi protocol, Moonwell DeF aims to support various DeFi dAppi in the Polkadot ecosystem and will soon be listed on Moonbeam and Moonriver.
[DIA announced that it will integrate its decentralized oracle infrastructure with the Astar network and run it on the Polkadot relay chain. This deployment will facilitate the easy connection of DeFi applications on Astar to external world data through DIA's trusted oracle machine]
DIA announced that it will integrate its decentralized oracle infrastructure with the Astar network and run on the Polkadot relay chain. This deployment will facilitate the easy connection of DeFi applications on Astar to external world data through DIA's trusted oracles.
[Subspace Network supports Moonriver by archiving the full history of its blockchain in real-time on its Kusama relay]
Subspace Network supports Moonriver by archiving the full history of its blockchain in real-time on its Kusama relay.
[Moonbeam has reached 1 million transactions on the network, and is lighting up the Polkadot ecosystem through new integrations, 100k+ wallets, 700+ERC-20 tokens and 1M GLMR tokens locked with collectors]
Moonbeam has reached 1 million transactions on the network and is lighting up the Polkadot ecosystem with new integrations, 100k+ wallets, 700+ ERC-20 tokens, and 1M GLMR tokens locked with collectors.
[Moonbeam announced the opening of a one-way bridge from Statemine to Moonriver, token holders can permanently use and transfer RMRK tokens on Moonriver]
Moonbeam announced the opening of a one-way bridge from Statemine to Moonriver, and token holders can permanently use and transfer RMRK tokens on Moonriver.
[The SubDAO team will develop the SubDAOL protocol based on the Solidity standard to adapt to the Moonriver network. Technically mature DAO functionality will allow Moonriver and Moonbeam to provide services for its network and the various ecosystems connected to it]
The SubDAO team will develop the SubDAOL protocol based on the Solidity standard to adapt to the Moonriver network. The technically mature DAO functionality will allow Moonriver and Moonbeam to provide services to its network and the various ecosystems connected to it.
[Monnriver will hold an ecological festival on January 26, Zenlink, Impossible Finance, Linear, RomeDAO, SubDAO, and Unilend will all participate in the ecological festival]
Monnriver will hold an Ecological Festival on January 26, and Zenlink, Impossible Finance, Linear, RomeDAO, SubDAO, and Unilend will all participate in this ecological festival.
【Deeper Network released an important announcement that all its online users will be updated soon. This automatic update is to prepare for the new additional functions of Deeper Chain】
Deeper Network released an important announcement that all its online users will be updated soon. This automatic update is to prepare for the new additional functions of Deeper Chain.
[The chain bridge between Polkadot and Cosmos will be launched soon, and all blockchains in the Cosmos ecosystem, including Terra, Crypto.com, Osmosis, InjectiveLabs, etc., will communicate with Polkadot through Astar]
The chain bridge between Polkadot and Cosmos will be launched soon, and all blockchains in the Cosmos ecosystem, including Terry, Crypto.com, Osmosis, InjectiveLabs, etc., will communicate with Polkadot through Astar.
[Subspace Network backs up the complete history of its blockchain in real time through Kusama Relayer, providing free archive service for Karura Network, a general-purpose dApp created to support Kusama and its parachains]
Subspace Network backs up the full history of its blockchain in real-time through the Kusama Relayer, providing free archiving services to Karura Network, a general-purpose dApp created to support Kusama and its parachains.
[Solarflare, developed by the Solarbeam team, is now running on Moonbeam. Solarflare can bring AMM function and seamless trading experience to Moonbeam users]
Solarflare, developed by the Solarbeam team, is now running on Moonbeam. Solarflare is able to bring AMM functionality and a seamless transaction experience to Moonbeam users.
[KILT Protocol announces the launch of SocialKYC, an identity verification service built specifically for KILT, giving users control over their digital identities]
KILT Protocol announces the launch of SocialKYC, an identity proof service built specifically for KILT to give users control over their digital identities.
[Robonomics parachain mainnet has been launched in Kusama. Developers can now control robotics via web3]
The Robonomics parachain mainnet has been launched in Kusama. Developers are now able to control robotics via web3.
Litentry announced that it will participate in the Kusama parachain auction at the same time as the current Polkadot slot auction, with the goal of bidding for slots 23 to 25 from January 23, 2022.
Ecological cooperation
[Astar Network has listed Kucoin, and the supported trading pairs are $ASTR/$USDT and $ASTR/$BTC]
Astar Network is now listing Kucoin, and the supported trading pairs are $ASTR/$USDT and $ASTR/$BTC.
Ecological cooperation
Picasso has partnered with Umee Crosschain to open the door for users on the Cosmos network as an entry point to the Polkadot ecosystem, which is the first bridge between the Cosmos and Kusama ecosystems.
*The information provided by the Polkadot Ecological Research Institute does not represent any investment hints. The published articles only represent personal opinions and are for reference only. Since there are no policies and regulations related to digital assets in China, users in mainland China are requested to pay close attention to the development of Crypto.
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