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Polkadot Updates

🔴 ⭕️ Relay Chain

total supply - 1.32b DOT | staking - 43% | parachains & crowdloans - 10%

🔴 🏛 Governance

treasury balance - 45.85m DOT // 🔺 0.81% from last week

• Referendum 119, proposing to swap to perform a parachain lease swap between two different parachain IDs controlled by Acala, is passing with 93.5% in favor. 

• Referendum 118, proposing to gradually increase the ideal number of validators in the active set to 400, did not pass. 

• Referendum 120, proposing to upgrade the Collectives parachain runtime to v9420, which would also enable the Fellowship on this parachain, was paased. 

• Referendum 121, proposing to upgrade the relay chain to runtime 9420 and enable Polkadot OpenGov, is passing with 99% in favor with less than 6 days left to vote. 

• Referendum 123, proposing to open HRMP channels between Statemint and Litentry, Composable, Polkadex, and Zeitgeist is now up for vote. 

• Motion 409, funding the Polkascan Foundation for the continued maintenance and support of Python Libraries, was executed.

• Motion 410, funding the implementation of a trustless Ethereum 2.0 light client as a Substrate Pallet, was rejected.

• Motion 411, funding Missing Link to find Rust developers for Polkadot ecosystem companies, was disapproved.

• Motion 412, funding further development of Sub.ID, was approved.

• Motion 413, funding OnFinality for maintaining high-performance public infrastructure in Q1 2023, was approved. 

• Motion 415, retroactively funding Acala for ORML maintenance from Nov ‘22 to Apr ‘23, is under consideration.

• Motion 416, funding Dwellir for the development and maintenance of RPC services for Q2 ‘23, is under consideration. 

• Motion 417, funding Easy A for milestone 2 of its #60DaysofPolkadot project–which includes developer hackathons and crash courses aimed at 1,000 developers, is under consideration.

• Motion 418, funding a Polkadot Decoded 2023 satellite event in China, is under consideration.

Kusama Updates ₑₓₚₑcₜ cₕₐₒₛ

🦅 ⭕️ Relay Chain

total supply - 13.68m KSM | staking - 53.2% | parachains & crowdloans - 1%

• Calamari won the most recent parachain lease auction.

🦅 🏛 Governance

treasury balance - 292.70k KSM // 🔻1.35% from last week

• Root - for proposals that seek to update the network

  • Referendum 213, moving the Kabocha parachain manager to a new address, is passing with 90% in favor and less than 7 days to vote.

• Staking Admin - for proposals related to staking and validation

  • Referendum 214, aiming to decentralize the collator set on Kusama system chains, is passing with 91% in favor and less than 7 days to vote.

• Small Spender - for proposals requesting less than 333.33 KSM

  • Referendum 203, to fund the improvement of Kusama OpenGov through the use of auditors who audit proposals, was passed.

• Medium Spender - for proposals requesting less than 3,333.33 KSM

  • Referendum 200, funding the maintenance of Polkassembly for Q2 2023, was passed.

  • Referendum 201, funding KryptosChain Media, was rejected.

  • Referendum 202, funding the development of Ziggurat so it can support Substrate-based chains, was rejected.

  • Referendum 204, retroactively funding Integritee for 28 days of implementing privacy sidechains for any substrate-based chain, was rejected.

  • Referendum 211, funding a Polkadot Latam Development Center in Honduras, is failing with 98% against and less than 4 days to vote.

  • Referendum 215 by OpenSquare, topping up the Polkadot Visualization Bounty, is failing with 91% in favor (it needs 99% to pass) and less than 13 days to vote.

• Big Spender - for proposals requesting less than 33,333.33 KSM

  • Referendum 212, funding a new lease for the Encointer common-good parachain, is failing with 70% against and less than 5 days to vote.

⛓ Connected Parachains, dApps, and others

projects connected to the DOT and KSM relay chains

• Astar will enable the world's first VR-based metaverse developed by Unreal Engine 5 to deploy to the Polkadot ecosystem.

  • Astar announced that FiDi, an advanced portfolio tracker across multiple wallets and blockchains, has joined its Builders Program.

  • Astar announced Round 4 candidates for its Incubation program in partnership with Sony.

• Bit.Country published Apple Pushes Immersive Interfaces: The Inevitable Adoption of Metaverse.

• Centrifuge introduced Centrifuge Prime, a comprehensive suite of services and technologies that helps DeFi-native organizations — like DAOs, stablecoins, and protocols — easily onboard and scale a portfolio of real-world assets (RWAs).

• Equilibrium and Composable Finance open HRMP channel for seamless asset transfers.

• Interlay announced the successful implementation of a fiat on-ramp integration to Kusama in collaboration with Banxa, a leading payment service provider.

• Moonbeam announced an XCM integration with HydraDX, allowing assets to flow freely across the ecosystem. 

• Origin Trail hosted the first ChatDKG office hours to discuss how OriginTrail’s trusted knowledge infrastructure can tackle misinformation and ensure information provenance with AI tools developed by companies like Google, Microsoft, OpenAI & others.

• Pendulum announced that the Spacewalk Bridge is live on Amplitude (its Kusama parachain).

• Phala’s Phat Contract is live. Engineered to bridge the gap between Web2 services and the Web3 universe, Phat Contract enables effortless integration across EVM and Substrate blockchains in a trustless environment.

• SubWallet announced updates for its extension & mobile wallets, featuring improved API connections to NFT collections on RMRK & Moonbeam, support for USDT & USDC transfers to other blockchains, and more.

• Various projects published new ecosystem reports: Bifrost Finance, Bit.Country, Darwinia, Gear, Integritee, Interlay, OAK, Pendulum, Phala, Subsocial, SORA, and TEA Project.

🌎 Community & Ecosystem

• Polkadot has a new series on YouTube–AMAs with Polkadot Ecosystem Builders. Watch the first episode.

• Nightwing published a thread analyzing the flow of USDT liquidity from Binance to Polkadot and its parachains.

• Interested in building on Substrate, the blockchain development framework that lets you build parachains on Polkadot? This Substrate Stackexchange answer includes lots of resources.

• If you are interested in learning more about Polkadot and how blockchains work, Web3 Foundation has worked with edX to develop Web3x, free courses to learn all of the above. 

• Check out the last Polkadot Community Call, featuring updates from KILT, Tanssi, Origin Trail, Nova Wallet, and more. The next Polkadot Community Call, which covers events and developments in the entire Polkadot ecosystem, is on 9 June (Friday) at 14.00 UTC. 

• Interested in building on Polkadot this summer? Check out the OneBlock Polkadot Hackathon.

• Bill Laboon (W3F head of education) posted some of the more interesting recent Polkadot Forum threads in a Twitter thread.

• Reminder that Polkadot Decoded is coming 28 - 29 June. More details here.

🛠 Tools

• Polkadot-JS Extension v0.46.4 was released.

• Polkadot-JS API v10.8.1 was released.

• Did you know that you can access the power of the Polkadot-JS API via the command line? 

• Multix, an interface that lets users create a multisig on-chain anywhere, and easily manage complex multisigs, is live on Polkadot and Kusama.

🌠 NFT Review

A weekly newsletter keeping up with the evolution of NFTs in the Dotsama ecosystem.

• The EVM version of Singular is now live on Moonbeam, bringing limitless creativity & cross-chain possibilities to users via advanced NFTs. 

• RMRK published a guide on How to get xcRMRK on Moonbeam.

• Tanssi announced a partnership with RMRK, enabling RMRK to bypass appchain development complexities, smoothly launching its own customizable appchain within a secure, interoperable ecosystem.

More NFT News

👷‍♂️ Jobs in Web 3.0

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That's it for this week - I hope this was as useful for you to read as it was for us to write!

Many thanks to Bill Laboon for his daily digest—which helps us not miss some important updates—and Raul Romanutti for helping us ensure that the governance news is accurate.

DotLeap is put together by Bruno Škvorc and gbaci.

Got any links for Bruno for the next edition? Find Bruno on Riot at @bruno:web3.foundation, on Twitter, or via email at editor@dotleap.com.