DotLeap 101 - USDT on Polkadot (?)

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Polkadot Updates

🔴 ⭕️ Relay Chain

total supply - ~1.25b DOT | staking - 51% | parachains & crowdloans - 11%

  • Crust won the most recent parachain slot auction.

🔴 🏛 Governance

  • Referendum 77, proposing to approve a Treasury Proposal to fund development of Gossamer, a Polkadot Host implementation written in Go, is passing.
  • Referendum 78, proposing to set up initial configuration for Polkadot nomination pools, is currently passing.
  • Referendum 80, seeking sufficiency for USDT on Statemint, is currently passing.
  • Referendum 81, to on-board Collectives as a common-good parachain, is passing.
  • Referendum 82, fixing Referendum 74 which failed to execute properly, opening several Statemint HRMP channels along with a new channel to Bifrost, is passing.
  • Motion 284 by OnFinality aiming to cover maintenance costs on their high-performance public infrastructure in Q3 2022 for Polkadot, Statemint and Westend, is currently up for a vote.
  • A proposal is up for discussion on how to incentivise the creation of initial high-quality Nomination Pools using tipping processes.

Kusama Updates ₑₓₚₑcₜ cₕₐₒₛ

🦅 ⭕️ Relay Chain

total supply - ~12.87m KSM | staking - 53.3% | parachains & crowdloans - 7%

  • Crust Shadow has won the most recent parachain slot auction.

🦅 🏛 Governance

  • Referendum 238, proposing to set the minimum validator commission to 8.5%, did not pass. Nonetheless, the discussion resumed on this post, including alternatives to solve the issues some operators are facing when validating on Kusama Network.
  • Referendum 239, proposing to upgrade the Kusama runtime to v9300, was passed.
  • Referendum 240, proposing to open an HRMP channel between Statemine and Picasso, is currently failing w/ 3 days left to vote. It has been noted that the proposal would not work if executed.
  • Motion 562, to set up a decentralized DAO merchandise store on Kusama**,** has passed the Council vote.
  • A proposal from the Encointer team aims to extend the common good chain lease for 48 weeks to further work on their roadmap.
  • Be sure to make your opinion known on which Proposal will be voted on as a Referendum next. To understand how a Proposal becomes a Referendum, read this.

⛓ Connected Parachains, dApps, and others

projects connected to the DOT and KSM relay chains


🔗 Candidate Parachains, dApps, and others

projects that are not yet connected to the DOT and KSM relay chains


🌎 Community & Ecosystem


🛠 Tools

  • Polkadot API v9.6.1 has been released.

🌠 NFT Review

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

Subscribe to NFT Review


👷‍♂️ Jobs in Web 3.0

Want your ad here? Buy it on Singular.

  • Web3 Foundation is looking for a Technical Educator, Spec Engineer, and Technical Grants Evaluator. Apply here.
  • Parity is hiring for a number of roles. Check here and apply.

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 [email protected].

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gbaciPost author

Content lead at RMRK.app and lover of $DOT

A fortnightly-ish newsletter about all things Web 3.0 from the Polkadot side

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A fortnightly-ish newsletter about all things Web 3.0 from the Polkadot side