Polkadot: Parachains are live! Polkadot launch is now complete, Statemint becomes first common good parachain on Polkadot, Clover won the 5th and Efinity won the 6th auction on Polkadot, Crust and Sak
Tags: Cryptocurrency, Polkadot Network, Polkadot, Blockchain

TL;DR

Polkadot launch is now complete, with all auction-winning parachains currently producing blocks on the network

Statemint becomes first common good parachain on polk

Jonas Gehrlein, researcher at Web3 Foundation, has published an analysis of the first five parachain auctions on Polkadot

Congratulations to Parallel Finance on winning the 4th Polkadot parachain auction! Parallel was onboarded at block #8179200 [December 18] at the beginning of lease 6 with the other first 5 auction winners. Over 4K network stakeholders locked up DOT in favor

Clover just won the 5th Polkadot parachain auction. Clover aims to be your Passport to the Omniverse

After winning Kusama’s 19th auction, Crust will be onboarded as Kusama 21st parachain [19-auction winning parachains, plus Statemine & Encointer] at the start of lease 18. Over 1.2K stakeholders locked up KSM in favor

After winning the 18th auction, Sakura will be onboarded as Kusama’s 20th parachain at the start of lease 18. Over 800 stakeholders locked up KSM in favor

Deutsche Telekom subsidiary T-Systems MMS will use its infrastructure to participate in the public blockchain network Polkadot as a validator

Bifrost announced its support for the Crust Crowdloan, Web3.0 storage for metaverse. Bifrost is committed to providing liquidity to locked assets between multiple chains and establishing a liquidity bridge between heterogeneous chains. Also, Bifrost became one of Metaprints’ first 10 planned Genesis brand partners

The Real World Asset (RWA) Market is now live. Built on Centrifuge and the Aave Protocol, the RWA Market bridges DeFi to the infinite potential of the real world

The SherpaX mainnet will be launched on January 15, 2022. The SherpaX DAO decided: if the number of early users is greater than 6000 on January 15th, 3000 KSX will be airdropped to all early users.If the number is greater than 10,000, at least 8,000 KSX will be airdropped to all early users

The Substrate-to-Substrate bridge between Darwinia Network and Crab Network live now

The cross-chain interoperability project Interlay has raised $6.5 million to bring Bitcoin DeFi onto Polkadot

HydraDX crowdloan is now live

Kabocha introduced the master plan. A weekly newsletter discussing progress updates, events, and governance proposals within the Edgeware ecosystem was published

Moonbeam Network has added 24 third-party collators to the active collator set. This marks the beginning of phase one of the Moonbeam launch process. Moonbeam is now producing blocks on Polkadot

Quantstamp conducted a security audit of Astar Network

cBridge exceeds $1.7B in total cross-chain tx volume. Celer partners with Metis and with Rango for a successful cBridge SDK integration on Rango

Acala to initiate its launch process on Polkadot. After months of building, Karura introduced an exciting new project: Taiga Protocol — a synthetic asset protocol designed to enable maximum efficiency for uniform assets on Kusama

To 31st December 2021, stand a chance to win an Akropolis Christmas Edition NFT collectible and USD300 worth of AKRO by sharing about Akropolis with your friends

Composable announces a giveaway of three inaugural limited-edition Inifinity Cubes (from the IC Collection) for contributors to our crowdloan campaign. Also, Mural announces the integration of TreasureDAO, bringing cross-layer NFT transferral capabilities to their well-established NFT marketplace and metaverse ecosystem.

2,000,000 EQ allocated by Equilibrium for Phala users. Equilibrium partners with Efinity, Enjin’s NFT parachain

Zenlink announced a new feature of Zenlink, X-Transfer, which integrates cross-chain and token transfer functions and will be a great convenience for the community

Phala’s Polkadot slot auction strategy is out. Also, Phala Network announced the partnership between Phala and Metaprints

Calamari announced the official launch of Calamari Network’s on-chain governance. What’s more, Dolphin Testnet’s ZKP Signer is released for Windows

The Humanode testnet V2 ‘Shamshel’, the 1st major upgrade that greatly improves the UI/UX, is now open to public testing

The Dock team published ‘Year in Review’

StaFi rDEX V1 is coming soon guys and It will be deployed in Q1 2022

Kilt Protocol will be integrated into the Attarius Network ecosystem products including the Attarius wallet which has already launched, and the NFT marketplace for in-game items that is launching soon

Robonomics announces that they have partnered with RMRK to bring a robotics theme to the Kanaria project and support RMRK2.0 standards. Kanaria is the most advanced NFT project in the world built on the world’s most advanced NFT protocol: RMRK

‘Polkadot Behind the Code, The Ecosystem’ is here! Check out the third episode in the series to hear from the Polkadot founders, founders of the first parachains, as well as from the projects in the ecosystem

And more!

Latest Polkadot News

After 5 years of research and development, and a multi-stage launch that began in May of 2020, Polkadot launch is now complete, with all auction-winning parachains currently producing blocks on the network.

The winning parachains from Polkadot’s first batch of auctions were, in order, Acala, Moonbeam, Astar, Parallel Finance, and Clover. After building an impressive level of community support through crowdloans, to the tune of nearly 100 million total DOT locked, all of them are now successfully onboarded and producing blocks.

The launch of parachains on Polkadot represents the culmination of the original vision outlined in the Polkadot Whitepaper (aka the Polkadot Paper) in 2016. The Polkadot Paper outlined Polkadot’s core features and sketched out the network’s sharded multichain design. Parachains are the final piece of core functionality, as outlined in the paper, to be fully launched. How Polkadot evolves from here is up to its community of DOT holders, who will approve any future upgrades via the network’s on-chain governance system.

The Polkadot network has reached yet another remarkable milestone, delivering the final piece of functionality to achieve the vision of Polkadot as outlined in the whitepaper (aka the Polkadot Paper). The first five slot auctions have successfully concluded and the winning parachains were onboarded on December 18th. With this, we, as a community, are making history — again. Many parachain teams have been working tirelessly for several years to build their applications and make Web3 and its vision a reality. Now the time has finally arrived: parachains are live on Polkadot.

The Polkadot community has approved the upgrade of the Shell parachain to Statemint, Polkadot’s parachain dedicated to asset functionality. The Shell parachain contains almost no logic, except an XCM interface that listens for messages from the Relay Chain, but ensures that the finality guarantees from Polkadot are working properly before adding any parachains with more advanced functionality. After the stakeholders passed referendum 46 unanimously, the network dispatched two messages to its humble Shell with instructions to perform the upgrade to Statemint.

Parachains are the diverse, specialized blockchains that connect to the Polkadot Relay Chain and constitute the ‘multichain’ aspect of Polkadot’s groundbreaking multichain architecture. They represent the final piece of core technology outlined in the Polkadot Whitepaper, and their launch marks the last stage of Polkadot’s multi-phase launch process, which began on May 26th, 2020 with the launch of the initial, proof-of-authority version of the Polkadot Relay Chain.

The initial auctions will take place on Polkadot as follows (note that dates are approximate):

Batch 2

Auction 6: Auction starts December 23rd, 2021. Ending period starts December 25th, 2021. Bidding ends December 30th, 2021. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.

Auction starts December 23rd, 2021. Ending period starts December 25th, 2021. Bidding ends December 30th, 2021. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024. Auction 7: Auction starts January 6th, 2022. Ending period starts January 8th, 2022. Bidding ends January 13th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.

Auction starts January 6th, 2022. Ending period starts January 8th, 2022. Bidding ends January 13th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024. Auction 8: Auction starts January 20th, 2022. Ending period starts January 22nd, 2022. Bidding ends January 27th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.

Auction starts January 20th, 2022. Ending period starts January 22nd, 2022. Bidding ends January 27th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024. Auction 9: Auction starts February 3rd, 2022. Ending period starts February 5th, 2022. Bidding ends February 10th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.

Auction starts February 3rd, 2022. Ending period starts February 5th, 2022. Bidding ends February 10th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024. Auction 10: Auction starts February 17th, 2022. Ending period starts February 19th, 2022. Bidding ends February 24th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.

Auction starts February 17th, 2022. Ending period starts February 19th, 2022. Bidding ends February 24th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024. Auction 11: Auction starts March 3rd, 2022. Ending period starts March 5th, 2022. Bidding ends March 10th, 2022. Winning parachain(s) onboarded March 11th, 2022 for the period March 11th, 2022 to January 12th, 2024.

Kusama

Participating in Crowdloans on Kusama and Polkadot: Information on how crowdloans work and how to safely participate has been posted on the Polkadot blog:

With two days left in the current parachain auction, Sakura has been in the lead during the entire Ending Period.

After winning Kusama’s 19th auction, Crust will be onboarded as Kusama 21st parachain [19-auction winning parachains, plus Statemine & Encointer] at the start of lease 18. Over 1.2K stakeholders locked up KSM in favor!

After winning the 18th auction, Sakura will be onboarded as Kusama’s 20th parachain at the start of lease 18. Over 800 stakeholders locked up KSM in favor!

Awareness and Events

‘Polkadot Behind the Code, The Ecosystem’ is here! Check out the third episode in the series to hear from the Polkadot founders, founders of the first parachains, as well as from the projects in the ecosystem.

December 28, 2021: PolkaOscar: It’s time to celebrate! — Crowdcast

The #PolkadotHackathon Asia Pacific is finished now.

Finance

Polkadot markets (information from Coingecko)

Polkadot Ecosystem Market Cap (information from Dotmarketcap)

Ecosystem Updates

Bridges

Bifrost has developed an EOS network bridge that enables trustless cross-chain asset transfer by implementing on-chain light nodes with merkle tree verification.