The first round of Polkadot parachain auctions is approaching, and multiple projects are announcing strategies to compete fiercely.

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Polkadot Ecosystem Weekly Report

Important Updates

  • The Polkadot Council passed a proposal to register the Shell parachain on Polkadot in preparation for the parachain slot auction.

  • Polkadot referendum 42 has passed, initiating the parallel chain ID registration and Crowdloan module in preparation for auctions. Currently, 6 projects have started their Crowdloans, with over 10 million DOT locked.

  • The Polkadot parachain slot auction will officially launch on November 11. Multiple projects have announced their auction strategies and reward plans, making the competition intense.

  • The Kusama network has completed the 12th parachain slot auction, with Picasso winning at 112,655 KSM. The 13th auction is currently ongoing.

Ecological Progress

  • Multiple Polkadot ecosystem projects announced their participation in the first round of parachain slot auctions, including Acala, Manta Network, Litentry, and others.

  • The Polkadot DeFi platform Acala has announced its auction strategy, offering 170 million ACA in incentives. So far, over 6 million DOT has been raised.

  • The cross-chain DEX protocol Zenlink has been integrated into the Moonriver and Bifrost networks, and liquidity mining has been launched.

  • The metaverse project Bit.Country has reached cooperation with multiple projects to jointly explore the cross-chain integration of the metaverse and DAO.

  • Multiple exchanges have announced support for Polkadot parachain slot auctions, including Binance, Huobi, OKEx, and others.

Ecological Cooperation

  • Bit.Country has reached strategic cooperation with multiple projects such as SubDAO, Metadojo, and Republic Realm to jointly promote the construction of the metaverse ecosystem.

  • Zenlink has partnered with Moonbeam to jointly build a DEX aggregator for the Kusama and Polkadot networks.

  • Acala received 500,000 DOT support from digital finance group DFG.

Event Preview

  • The RMRK hackathon is ongoing, with a prize pool of $50,000, and registration ends on November 30.
DOT6.8%
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ProofOfNothingvip
· 4h ago
The first Crowdloan contributed 10 million? Really rich.
View OriginalReply0
SelfSovereignStevevip
· 08-10 19:58
Play smoothly and durable
View OriginalReply0
GamefiHarvestervip
· 08-10 19:55
Ah, the auction is going to Be Played for Suckers again.
View OriginalReply0
LiquidationWatchervip
· 08-10 19:54
Some projects seem too aggressive.
View OriginalReply0
LongTermDreamervip
· 08-10 19:44
Three years later, pros will look back and see that now is all a buy the dip opportunity~
View OriginalReply0
TopEscapeArtistvip
· 08-10 19:32
Is it hitting this high point again? Last time after playing people for suckers with ksm, I didn't learn my lesson.
View OriginalReply0
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