State of Stake vol. 73

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Paradigm’s biweekly update on the Proof-of-Stake ecosystem, 11th August — 23rd August

TL;DR

  • Mainnet Merge TTD: 58750000000000000000000 confirmed
  • Polkadot (DOT) staking is now available at Binance US. Kilt protocol won the 24th parachain auction. Kylin has been in the lead the entire Ending Period so far
  • A second validator client for the Solana blockchain is in the works
  • Australia Zoo launching 2nd Sustainable NFT drop on Algorand, the world’s greenest blockchain in time for Trauma Season
  • Avalanche House was off the hook
  • As the BNB Beacon Chain Godel Upgrade is executed, the DEX module will be disabled. This will give BNB Beacon Chain more computing power for future computing and governance focuses
  • The trustless IBC bridge between Cosmos and Harmony protocol is now live on testnet
  • A review of the design principles and features behind the ICRC-1 token standard proposed for the Internet Computer
  • Aave Companies proposes that the Aave DAO should commit to selecting the Ethereum Mainnet running under the Proof of Stake consensus
  • 1inch is now fully integrated with Synthetix Atomic Swaps
  • Band Protocol has integrated with Meter, an Ethereum scaling solution with a built-in metastable gas currency
  • Immutable has partnered with Cross The Ages (CTA) to launch the initial trading card game (TCG) in development for nearly two years
  • Dock has released a new feature on the mobile Dock Wallet app enabling users to create and manage decentralized identifiers that empower them to fully own and control their data
  • Subgraph devs can now filter by subfields, enabling data retrieval like never before
  • KyberSwap integrates Chainlink Price Feeds to facilitate its DeFi and DAO operations
  • 1inch integrated with Aurora
  • Oasis Q3 & Q4 2022 roadmap released
  • Injective has raised $40M to accelerate the adoption and growth of Web3 finance
  • Skynet EGLD Capital raises $40M+ USD to invest in the Elrond ecosystem
  • NEAR Protocol recently released a JavaScript Software Development Kit (JS SDK) at ETHToronto
  • Polygon’s Plonky2 is now open-source
  • Cardano Summit 2022 is confirmed on November 19–21. Main stage — Lausanne, Switzerland
  • The Secret Network’s Shockwave Delta mainnet upgrade is scheduled for September 13th
  • Gnosis Chain — Gnosis Beacon Chain merge is set for September
  • Kava Liquid Staking set to launch Sept 8th with Kava 11
  • Celo Camp Batch 6 applications are open
  • And much more!

Top 10 Crypto Assets by Staked Value

Source: Staking Rewards

Proof-of-Stake Networks’ Updates

Ethereum

  • Ethereum’s third and final testnet merge to Proof of Stake went live on Goerli successfully. The mainnet merge is expected to happen sometime in September.
  • The latest core devs call video. Notes from Tim Beiko and Christine Kim

PoW switch off (the Merge)

Proof of Stake consensus layer

Check out our recently-published ‘Defi in Ether’ — biweekly update on Ethereum DeFi ecosystem vol.58 full of news from the ecosystem: $38 in DeFi, Tornado Cash sanctioned by US Treasury, Gnosis Chain Chiado testnet is set to merge today & GnosisScan is here, Ren 2.0 introduced, Enzyme has revamped its Tokenomics model, 1inch partners with KuCoin Wallet, dYdX free gas vulnerability disclosed, and more!

Polkadot

  • Proposal for Common Good Parachains
  • Polkadot (DOT) staking is now available at Binance US
  • Congratulations to Integritee Network on winning Polkadot’s 23rd parachain auction.
  • Kilt protocol won the 24th parachain auction
  • Kylin has been in the lead the entire Ending Period so far.
  • MEW teamed up with Web3 Foundation and Parity to build Enkrypt — a web3 browser extension supporting Polkadot and Substrate-based chains. Manage your tokens and NFTs. Access web3 apps across multiple blockchains.
  • Basilisk has won Kusama parachain slot auction
  • Altair won a parachain auction slot on Kusama once again
  • Web3 Talks: Unlocking True Cross-Chain Interoperability | Aug 25th
  • Polkadot Community Call — August 2022
  • The aUSD stablecoin from Acala Network, a DeFi Hub on Polkadot, lost its peg after hackers discovered an exploit that allowed them to mint 1.3 billion tokens. A proposal from the Acala team, to return all erroneously minted aUSD to the protocol and the tokens later being burnt, recently passed and the stablecoin is close to returning its peg.
  • Interlay, a London-based blockchain firm, launched a Bitcoin-based cross-chain bridge on Polkadot. The bridge, which is called interBTC (iBTC), allows the use of Bitcoin on non-native blockchains for various applications, like DeFi, cross-chain transfers and NFTs.
  • Although Polkadot Decoded 2022 has wrapped, you can still catch up on all the talks you might have missed on YouTube

Feel free to read our latest biweekly report on the Polkadot ecosystem vol.43: Integritee Network the 23rd parachain slot on Polkadot, Basilisk will be onboarded as Kusama’s parachain, MEW teamed up with Web3 Foundation and Parity to build Enkrypt, Moonbeam’s cross-chain connected contracts, Astar x Acala DeFi Rising to accelerate DeFi on Polkadot, iBTC minting is now live, Astar partners with Alchemy, cBridge integrates with Klaytn, and more!

Avalanche

Algorand

Binance (BNB Chain)

Cardano

Cosmos Network

DFINITY

Solana

Synthetix

Tezos

Aave

Bancor

Band Protocol

Celo

Dock

Elrond

  • Last week in EGLD:

Filecoin

The Graph

  • Messari Expands Subgraph Utility as a Core Subgraph Developer: Messari is leading subgraph standardization to boost data quality and create hundreds of subgraphs as public goods.
  • A highly-requested query feature is now live: Nested Queries. Subgraph devs can now filter by subfields, enabling data retrieval like never before.

Injective

Immutable X

Kava

Kyber

mStable

Near Protocol

Oasis Network

Persistence

Polygon

Secret Network

Gnosis Chain (formerly xDai Chain)

Gnosis Chain Weekly · 19 August 2022

  • On Tuesday, August 16th, 2022 at precisely 03:47:21 PM UTC the Chiado testnet successfully merged. The impressive feat signaled confidence that the upcoming Gnosis Chain/Gnosis Beacon Chain merge should run as planned. Chiado will continue to be maintained as an important testnet for development on Gnosis Chain after the merge.
  • Karpatkey published a proposal on the MakerDAO Forum to have GNO as collateral
  • ETHMexico x Gnosis Chain
  • And more

Yearn Finance

0x project

1inch

That’s all for today! Your feedback is highly appreciated! Let us know what you think about the format & content.

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