Trust, Transparency, DOT! (November 4th -...

What is up, my friends!

The events from this past week have left many recognizing the importance of trust, as well as the value of transparency.

The objective of WagMedia (WM) is to decentralize the story of DotSama by incentivizing stakeholders to share, create, and promote content of all languages in an open and transparent manner.

Trust and transparency starts with our comprehensive public treasury proposal which you can find here. It contains an outline of our different programs, a list of content creators that have been supported, language translation progress, and much more.

Once you have joined WM, most of what you need to know is in our “welcome” channel. Please pay attention to the Code of Conduct, where plagiarism, AI generation, ghostwriting, as well as price and trading talk, are not eligible for awards. Thus far, a few people have been banned for violation of the code.

If you are uncertain of things, then feel free to reach out to one of the directors (discord handle is red in color). Additionally, you can post your query in the “any-questions” channel, or if it is more trivial, try the “lounge-royale” channel.

Recent questions on wagger's minds have been on awards and role tiers; you can find the answers in the recent editorial section of our previous weekly here.

When it comes to awards, they are displayed under your post with the relevant director reacting with an emoji. Furthermore, when awards get distributed you can see the transaction hash via the report dashboard here. Be mindful that not every post will necessarily receive rewards.

The Concierge and discord bot has been developed via our code development program to handle the distribution of awards, whilst obtaining funds from the treasury is handled by the bounty curator(s).

Given funds for bounty 12 from the Kusama treasury are substantial, these are requested periodically and require multi-sig authorization from curators Jam, Alex, and Jay.

In order to foster growth, our directors will be available to provide feedback where necessary. Tier 3 creators will likely receive feedback to help with improvements for leveling up.

Directors have been invited either by one of the treasuries, or have been elevated after exemplary contributions to the mission and act as sub-curators.

Content writers have the additional option of joining the Writer's room, where edits and feedback are provided openly for those looking for support with their written drafts. More information on the Writer’s room can be found in a previous weekly, here.

Regarding non-Anglo content, once signed up, translators will need to work with their language unit as well as provide proof of work. There are rates, tiers, and a comprehensive inventory of what has already been covered and in what language.

Whilst translation and dubbing are valuable, original content creation will be what draws engagement to our ecosystem in the long run.

Keep your eyes peeled on the announcement channel as this is where all the latest on bounty campaigns can be found, including rules, requirements, and timing.

Feel free to speak up and be open as we hope that your content creation journey follows the principles of WM, which as outlined above, have been built on the decentralization pillars of trust and transparency.

Tweet from Gavin

TOP NEWS OF THE WEEK

The fallout from the FTX and Alameda situation is still ongoing. Whilst it makes headline reading, it is better to remain objective as we need to be respectful that many have been and will be hurt by the events. As such, Dr. Wood’s response to SBF objectively emphasizes the importance of decentralization, as well as transparency and trust.

Regarding decentralization, Dr. Wood has always placed great importance on it. It’s on every page of his Ethereum yellow paper. He frequently speaks on the subject at events (here’s the PolkaWorld recording at Wangxiang Conference 2021), and more recently, he outlined the plan to take it further with Gov2.

As per an article written about Solana by Ultimate money, Polkadot actually has the highest Nakatomo coefficient score amongst the major networks - nothing comes close to being more decentralized.

Whilst Polkadot and Kusama have limited exposure to the situation, those that did within our ecosystem decided to be transparent about it.

Phala’s Marvin Tong emphasized less than $1 million USD worth of Phala tokens were contracted to Alameda for market-making. The contract is due to expire at the end of November, and although early attempts to recall tokens were made, the team’s parent organization is prepared to eat the loss. Phala’s network will remain unaffected.

Astar’s Sota Watanabe followed up his full transparency announcement on discord with a tweet. Alameda's investment holding of 0.08% (400K USD raised) is still locked. Whilst a loan for market making is outstanding, there are some contractual safeguards.

Parallel’s Yubo Ruan discloses that 500K USD was invested with a long 4-year lock-up. All market-making funds have already been returned.

Acala’s Bette Chen kept it to the point on a discord announcement that there is no risk or exposure to FTX, and Alameda’s stake was minimal (250k ACA and 25k KAR).

Zenlink addressed its community by reporting that 1% of the total supply of tokens was fully released to Alameda, but otherwise remained unaffected.

Manta Network made it clear that Alameda’s investment was limited; they don’t have any funds on FTX, and no one investment can affect network operations.

Subsocial echoed a similar response: all is good, and no funds are held on FTX.

Composable’s discord shared that Alameda’s stake was minimal, and given no token has yet been released, there will be no effect. No official announcement has been deemed necessary, nor could one be located for CLV (formerly Clover Finance).

With this situation and all that has happened with crypto in 2022, the expectation is that tighter regulation by Governments will be incoming. Decentralization will be key to addressing regulations, as the concept of being sufficiently so is something prominently mentioned by the U.S. Securities and Exchange Commission (SEC).

Also, Ser, Have You Heard? With three years of discussion directly with the SEC, Polkadot has morphed into a software!

Now, on to the usual flurry of news and content.

Speed Reading

Ajuna wins the 31st Polkadot parachain auction

Nitty Gritty

Phat contracts meet the Swanky suite as Shiden has announced HRMP channels are now opened with Khala. You can use Phala’s SubBridge to cross-transfer between Khala and Shiden.
If you missed it, news from the Web3 Foundation is the announcement that DOT is morphed into software and is not a security. This is based on proactive engagement with the SEC, although nothing formal has been stated in response.
Celer's Inter-chain messaging has launched on Astar and should improve the bridging experience for Astar dApps. Here’s an AMA recording for further insight.
Litmus parachain removes the sudo key, which enhances decentralization as governance is now on-chain.
CRAB token transfers between the Crab Smart Chain and Darwinia Smart Chain is now supported via Darwinia’s Helix bridge.
Darwinia released a brand new cross-chain FeeMarket UI. The cross-chain fee market is an auction-based permission-less system that anyone can participate in by running a bridger/relayer.
Ser, have you heard of Acurast? They look to support Polkadot and Kusama parachains by bringing off-chain data such as price feeds.
Following Csaint’s alpha shots on Bittensor, you may want to check the interview with its co-founder Alaa Shabani on the Infinite Machine Learning podcast (here’s the transcript). Furthermore, @Mister_Cole recommends a thread by cryptogirlnova, which offers an introduction of the project.
Here’s the Polkadot roundup from the Polkadot Twitter account.
NTT DOCOMO and Astar enter a partnership to boost Web3 adoption and solve real-world social issues.
Japan's government has tasked Japan’s Electricity Power Exchange (JPEX) to operate a Non-Fossil Fuel Certificate (NFFC) market. This has resulted in Energy Web’s first member and validator in Asia, with the basis to explore the possibility of blockchain technology.
Litentry closes its application for collator staking and has announced 4 winners that have been selected.
Phala’s co-founder Marvin Tong provides transparency about their relationship with Alameda. The team will eat the loss if they fail to return the 6M PHA tokens held for market-making at the end of November.
Peaq announces a partnership with OnFinality.
Bitgreen is looking to kick off its collator program with no self-stake required for the first few months.
Jur outlines its roadmap to becoming a chain for advanced governance. A new token is planned, as well as an expected crowdloan. Eventually, existing tokens on Vechain will be swapped to the Jur Parachain. Testnet launch is soon, whilst dapp development is still ongoing.
OriginTrail‘sTRAC token is now live on its OT parachain mainnet. Furthermore, 50% of TRAC has been teleported, with distribution of teleported tokens expected next week.
Dotinsights as set up by the SubWallet team has revealed that Polkadot and Kusama tops development activity in September.

Content creation

Awesome clean and simple infographic created by @zooeys, which is great for introducing newbies to Polkadot

@MaximV covers upcoming Moonbeam projects, a weekly round-up of Moonbeam and Moonsama Ecos, and here’s his take on the recent crypto market conditions.
@pitcoin creates threads about W3F Grant Program, Polkadot versus Cardano, Astar vs Moonbeam, and Astar Quarterly Update
@kryptoschain records a number of videos, which include Polkadot news (Bifrost, Zenlink, Evrloot & Crust), Polkadot World event in Madrid, news update (W3F, Ajuna, and auctions), and a tutorial on Phala staking.
@Paulkadotter puts out an article on Polkadot nomination pools, provides the Kusama & Polkadot weekly news recap and writes more about nomination pools.
@MaxTheo created a number of nice videos, which include Nomination Pools on Polkadot, W3F announcement , Acala Ledger Wallet Tutorial
@prophet compares Polkadot and Cosmos, wrote about the key features of Polkadot, started a DotSama myth-buster series part 1, and here’s part 2.
@DrCAO made a number of videos, which include news roundup (W3F, Litentry, Centrifuge, Parallel, and Astar), nomination pools staking dashboard tutorial, introduces as well as demos Peaq Network, covers more DotSama news (Crab, Phala, SAMA, and Darwinia), and shares his views on the how FTX Binance drama could impact Polkadot.
@JimmyTudeski created a thread about Polkadot staking with nomination pools.
@MarcoRo covers the W3F news in his thread.
@johnrhodel gets creative with Infinity gems in Polkadot. He also covers Equilibrium’s whitelist in a thread.
@Blinkin writes a comparison between Polkadot and Ethereum.
@brhnk61 puts out his parachain auction updates on November 7th (Crab win Kusama auction), November 8th (Robonomics and parathread 2227 enters the auction), and November 9th (unnamed parathread 2230 leads the auction).
@paulll creates an analysis thread on Polkadot nomination pools.

Get ready for the next Bounty from KodaDot that pays homage to your favorite NFT artists minting on Basilisk

@0xEnes created a number of threads, which include an overview of Moonbeam and Moonriver, details of the Polkadot staking dashboard, and coverage of Calamari staking.
@Cris_VCM drops a couple of threads one on Bifrost juicy staking, and another on the upcoming sub0 developers conference.
@pnp publishes his series Polkadot Current Things #6, Current Things #7. He also covers the google of web3 with a thread about OriginTrail, and privacy with Manta Network.
@zooeys creates an awesome infographic that provides a clean and simple introduction to Polkadot.
@Master_Mich posted a thread on Polkadot nomination pools and a thread on Kusama's innovative projects.
@Jesseblessed does an educational thread on Polkadot, and Calamari staking.
@MichielB made a step-by-step guide on staking Calamari’s $KMA token.
@amedkarim creates a thread covering staking of $KMA on Calamari’s staking Dapp.
@Csaint covers Manta Network in this awesome thread here.
@abdulbee writes a concise overview of **Polkadot’**s Fellowship Program.
In case you missed it here’s last week’s weekly on “Summit is Happening in the Paraverse”! by the WagWritersGuild @pnin @Csaint02 (α,α) @JB and @Dodow.

Moonbeam’s Illuminate Bounty wrapped up this past week

Threads that raise awareness about the agenda have been created by @MaximV, @Sanchez, @W3NERICK (in Spanish), @amedkarim, @CAN (in Spanish), @smdawudeen, @Nayexx @Everythingblockchain (Reddit post), @Jesseblessed, @Jesseblessed (another one), @johnnytheman227, @TheDz (in Spanish), @Stevebrown, and @MaximV (another one).
Memes that raise awareness about the event have been created by @CAN (in Spanish), @smdawudeen, @Jesseblessed, @Jesseblessed (another one), and @Stevebrown.

Messages From the Treasuries

Crowdloan Updates

Congratulations to Ajuna Network as they won the Polkadot parachain slot 31.
Darwania’s Crab Network won the 59th Kusama Parachain auction with a self-funded bid of only 11 KSM.

Crab Network won the 59th Parachain slot

What's in Your Wallet?

Holders of Talisman’s spirit key will get early access to Ethereum Ledger apps.
EVM Nfts now on Talisman web app.
Here’s a useful guide from the Nova Wallet team on how to stake with Polkadot nomination pools using Nova Wallet’s dApp browser.
A week since nomination pools went live on Polkadot, with Talisman's 1-click staking the Talisman pool becomes a preferred choice.

AMA and IRL Events Round-up

Nodle hosted a community AMA on November 9th.
Subspace's multichain series on November 10th featured Manta Network.
Listen to Downtown Moonbeam’s session with guests Moonwell, Prime Protocol, and DAM on November 9th.
Get ready for Sub0 developers conference on November 28th to 29th.
PhalaWorld hosted a fireside chat via crowdcast on November 11th.
Set your calender for Peaq’s AMA on November 16th.

Translating DotSama

Some excellent translations and non-English original creations, which you may find fitting to share with family, friends, and neighbors around the world.

You may find most of the Non-Anglo Content generated through WagMedia here.
Spanish language content creators @Nachito and @Rocosape release their latest DOTCAST.
Here are some Spanish threads about Moonbeam’s Illuminate created by @W3NERICK, @CAN, @TheDz, @CAN (meme).
@Tomitzu drops a Romanian language thread about five projects which chose to join Polkadot.

NFTs and the Metaverse: The Heartbeat of Dotsama

Excitement is in the air with a world inspired event in the Metaverse, as well as a plethora of NFT launches in DotSama

SFY Labs’ latest 3D collection, Mr WhiteHole, will be divided into 10 different "Clans" and will be available on Raresama. Airdrops and Bounty will be reserved to all future holders. The first clan, Astar Clan, will get rewards on Astar Network.
For Phala Spacers Patch, use the code: PHAT, code: FEARLESS to get Fearless patch.
GLMR Apes can use $BANANAS (GLMB) to get up to 2 Badges till Nov 11th.
Bit.Country's Kaosland is the metaverse where the community will get their land units from the crowdloan. They also have a big event with 500,000 NEER in prizes.
BuffChimpz suggested you accept the resources if you have been sent DARK NFT. Snapshot of Dawn banner holders was taken.
More info about materia prima's halloween potions, which sold out in just few minutes.
Rich Valentino's newest album, “After Midnight" is out.
New Medium article on the Fungus Among Us is live.
Round table with @VeilofTime, a new JRPG launching soon using RMRK NFTs! Check out the trailer.
Special airdrop for top ranked evrloot wallets.
Blacksquare Illumination has already started. You can claim $OBY tokens when your edition gets illuminated.
Spacers banners are available.
AnonSama auction #50 ended with a 50 KSM bid.
Donnie announces if refining POOP in carnage, in addition to getting the ratio 1:1, you will also get Blood crystals, Mobidium, and DNA.
Next kingdom of mushroom topia "Ocean Kingdom" will be released on RMRK3.0 (EVM).
It's NFT from archiverse which will be airdropped for top evrloot wallets. Proof of Chaosand Archiverse collaborate.
EVM Nfts now on Talisman web app.
America's 2.0 collection is now officially verified.
There are 2 new spots available for Kodadot's ambassador program! Read more here if you are interested 😉
It's all about the live pallets in Efinity's latest update.
Allow list mint of the new generation of Damned Pirates Society (on Arbitrum Nova) is live! Here’s a thread on the value proposition of the DPS project.
DotBrno conf occurred.
NEO FANTASY announces their partnership with @clover_finance.
Cosmize announces partnership with @CANdygirl_nft.
All Beta Bird holders got airdropped RMRK1 Gamma gang wanted posters few weeks ago
MEXC exchange is set to launch a metaverse on Bitcountry Pioneer.

Content creation

@DrCAO makes a video on NFTs YoudleDAO and Phala World, and Parallel X’s NFT lending platform.
@Monte-Crypto makes an incredible trailer for Spacers NFT that took multiple collaborations and several weeks of work, with OSTs available here and here.
@kryptoschain Interviewed Chris from Bitcountry, and Zoe from Phala Network at the PolkadotWorld event in Madrid.
@sage | Tricky_NFTs publishes an update to an article on voting through NFTs.
@bahu makes a detailed thread on marketplace and new recipes added inside evrloot game.
@aemonk Builds an NFT dashboard about Blacksquare Art.

DeFI

DeFi use chase chains, a new DEX, improved dashboards, and new listings are just some of the news this past week

Khaos is the first DEX announced on the Exosama Network.
Parallel Finance will venture into real world assets, as they invest in Cytus Finance. They also currently have a juicy USDT APY.
More assets are available on Parallel DeFi, as Interlay’s assets (INTR, iBTC, KINT, and KBTC) are onboarded
The IMBU-MGX 3-day Liquidity Bootstrapping Event for Imbue Network is done. Final ratio was about 33.3 MGX to 1 IMBU. Nearly 20M MGX contributed on Mangata platform.
HydraDX releases an article explaining why they are building an L1 blockchain DEX solution over an L2 dApp (like Uniswap).
The Athos Finance dashboard is live, now showing metrics like total staked $ATH, token price, and weekly rewards.
Zircon Finance have updated their website and the Zircon Gamma app to make a better user experience. There's also a widget to show price changes and TVL.
Bifrost has launched hot single-token & LP farming pools!
Stellaswap has released an Ecosystem Grants Transparency Report #1 to keep the community abreast of the grant distribution process.
Acala voted to update auction collateral size limit as 10,000 ACA, 1,000 DOT, 1,200 LCDOT, 5,000 LDOT to reduce liquidation events during the current volatile market.
Midas Capital announces partnership with Lido finance to push the growth of Moonbeam.
ArthSwap adds Talisman wallet to its dApp in order to improve user experience on Astar.
Polkadex launched Mobile App and Orderbook v1.4 in their tesnet.

Content creation

@Everythingblockchain now has a thread to guide you through Liquid Staking on Bifrost.
@0xEnes shares a few tips on how to Stack DOT and KSM during the Bear market.
@DrCAO overviews how to use Kintsugi and Interlay Assets on Parallel and New Farming Pools on Bifrost.
@Yuli Kay continues creating fun, but informative content about Bifrost vDOT and details on the vsDOT/vDOT Pool.
@PNP has brings us up to speed on How to DeFi using Liquid Stake $DOT.
@MichielB makes a few entertaining memes about $POOP.
@smdawudeen shows the opportunities of holding KSM on Bifrost.

Governance

There are quite a few Kusama Referendums and Parachain proposals to vote on this past week

Polkassembly got a facelift! Make sure to check out the new UI giving a much more inviting tone that loads much much quicker!
If you were following Referendum 241, you may have noticed that late changes in conviction resulted in the outcome of the Fearless Wallet funding proposal was NAY. Interested to learn more? Follow the thread on Polkassembly.
In contrast to 241, Referendum 242 to open up an HRMP channel between Statemine and Kintsugi passed quite easily with only 2.5 KSM in opposition.
Referendum 243 aims to extend Encointer’s common good lease by 48 weeks, and it’s currently passing by a wide margin. Learn more about what Encointer has accomplished so far here.
Referendum 244 is also live. This referendum includes the long awaited governance 2.0! Check out the details here
NOVA wallet is focused on bringing forward governance 2.0 by integrating multiple features to their mobile wallet prior to full launch. Interested to learn more about Governance 2.0? Check out Dr. Gavin Wood’s full blog post here.
Moonwell Governance 101 is getting started to educate it’s users on participating in Moonwell’s governance.
Acala’s most recent runtime upgrade integrates security features, an ability to pause EVM+ precompiles and adds support for ERC-20 collateral. Any ideas what collateral may be up next?
Interlay recently passed a proposal to send $INTR incentives to Arthswap’s new INTR/DOT pool on Astar.
Robonomics looks to open up HRMP channels to Moonriverto incorporate xcXRT as a token, with much more to come
Turing Network outlines their vision for how Governance 2.0 will affect their chain and how they plan to integrate with the innovative features.
@dotgraphic writes a nice post about how to obtain funding to build in the Polkadot and Kusama ecosystem
@Polkadotters aims to inform the community about Referendum 242.

Rumours & Alpha

Do Your Own Research! These finds are unconfirmed alpha in Dotsama:

GM parachain’s physical clock as tweeted by @Gabe.
Did you know that RMRK’s gbaci is a musician, and his new single is doing well?

Beginner’s Guide

New to Polkadot? Or maybe you have some friends who keep coins on a CEX but haven't become a part of a community yet? Share this with them to get them started! It will be updated weekly with new content and is open for changes. Feel free to leave a comment and I'll add content that's needed.

The Hitchhiker's Guide to Dotsama

Another mind-blowing week! Our WagMedia discord is the primary source for most of the content in this newsletter – thanks a ton fam! These are just the highlights, for more in-depth news join the discord and get incentivized to learn more about the ecosystem and provide news, alpha, and content to us all. As always, I’m open to feedback and I hope you find this helpful. Looking forward to yet another week of exponential growth in the DotSama ecosystem.

What is WagMedia?

WagMedia Discord.

Jay Chrawnna’s The Kusamarian channel provides us all with extremely entertaining updates on everything DotSama. Here is the playback listing of the past week:

Polkadot at the Bear Market San Fransisco Blockchain Week - SER, Have ya Heard?
"The New Home for Music in Web3" Royalties & Capital w/ Mufi's Spencer Zabiela - Space Monkeys 76.
Zombie Stories - The Play to Own, Fun & Addictive RMRK NFT Defence Game - PNinja on the Road.
Best Wallet for Onboarding onto Polkadot, Kusama, Astar & Moonbeam - Talisman - Csaint's Alpha Shots.

Looking for more to read, why not check out the other works by the Wag Weekly Squad: Pnin, Csaint, Jb_blah, and Dodow.

Tips appreciated

KSM

GL85fwNiFfUqkCcmtrq7eD5DphB1QWJrxkgMme5qdSuFfap

Metamask

0x66b9f30B38Cb6d61374D15D8A9D220561E715995

Check out the announcement channel, as a new tutorial about WagMedia has been shared!

Trust, Transparency, DOT! (November 4th - November 10th)

TOP NEWS OF THE WEEK

Speed Reading

NFTs and the Metaverse: The Heartbeat of Dotsama

DeFI

Governance

Rumours & Alpha

Beginner’s Guide

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