Polkadot Ecological Weekly: Parity and Watr Protocol have reached a cooperation to build a "commodity" ecosystem

Produced by the Polkadot Ecological Research Institute, it must be a boutique
Polkadot Weekly Observation, is a summary of what happened to Polkadot’s entire ecology last week, and we will also share some of our observations on these events in the form of vernacular.This article is intended to provide information and opinions, and does not endorse any project. Any project mentioned is not for investment recommendation, but for information display only.
Observation and Viewpoint
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Produced by the Polkadot Ecological Research Institute, it must be a boutique
Polkadot Weekly Observation
This article is intended to provide information and opinions, and does not endorse any project
As can be seen,. Any project mentioned is not for investment recommendation, but for information display only.。
Observation and Viewpoint
The first is the situation of Polkadot and Kusama slot Auction. The open source blockchain protocol KILT Protocol won Polkadot’s 24th slot auction. KILT will transfer its parachain from Kusama to Polkadot in mid-October. August 19 Today, the cross-chain service platform Kylin won Polkadot’s 25th Parachain Slot Auction; Kusama is conducting its 49th Slot Auction, and the current anonymous ID 2130 leads the entire candle period!
Last Thursday, Parity Technologies announced a partnership with the blockchain protocol Watr Protocol to jointly develop the Watr protocol and some key applications, and jointly develop the required functions of a $17 trillion commodity platform.
Watr Protocol is a Swiss foundation founded by founders with rich experience in commodity trading. By using blockchain technology, it will become a public chain protocol and decentralized application ecosystem for "commodities". Watr Protocol also plans to deploy extensively in Africa.
Recently, Parity has successively jointly developed projects with multiple entities, mainly in scenarios that are closely integrated with traditional businesses, and these projects will be successively registered on Polkadot as parachain projects in the future.
As can be seen,
Also, the SNOW team discovered a bug in the original crowdfunding rental parameters, which were incorrectly set to 6 weeks (1 semester) instead of the usual 48 weeks (8 semesters).
The following is a detailed introduction of Polkadot's ecological news last week, please enjoy.
Polkadot Dynamics
Therefore, the SNOW team announced last week that it will conduct protective bidding in the 49th parachain auction of Kusama.
Protective bidding can also be called protective bidding. In the scenario of international M&A transactions, in order to prevent being acquired at a lower price, a relatively weak enterprise will generally entrust a close and capable partner to participate in the bidding and propose a more reasonable price protection Own.
Therefore, in order to prevent wrong bids, SNOW won 6 weeks (1 period) of parachain slots, fully funded by ICE&SNOW team members, and an additional 48 weeks (8 periods) of protective bids were added.
If the other party wins the 49th Parachain Slot Auction with a higher bid, all bids for SNOW will expire and it will launch a new crowdfunding loan from Kusama’s 51st Parachain Slot Auction.
Therefore, when other ecological projects participate in the slot auction, please pay close attention to the selected time period.
The following is a detailed introduction of Polkadot's ecological news last week, please enjoy.
Polkadot Dynamics
https://icenetwork.io/blog/2022/snow-team-protective-bid/
Polkadot officially announced that the team that won the 24th parachain slot auction is KILT Protocol. 11 months after getting the Kusama parachain slot, KILT announced their plan to transfer their parachain to Polkadot. KILT will transfer its parachain from Kusama to Polkadot in mid-October.
According to the latest Polkadot weekly report released by PolkaWorld, important events this week include:
【Polkadot DOT staking is now available on Binance.US】
【Parity Announces Partnership with Blockchain Protocol Watr Protocol】
[Kylin won Polkadot's 25th parachain slot auction on August 19]
[The SNOW team announced that it will conduct protective bidding in the 49th Kusama parachain auction]
The SNOW team announced that it will conduct protective bidding in the 49th parachain auction of Kusama.[Polca Weekly | KILT won Polkadot's 24th slot, Parity and Pastel cooperated to improve NFT security]
According to the latest Polkadot weekly report released by PolkaWorld, important events this week include:
KILT Wins Polkadot's 24th Slot Auction! KILT won the Kusama slot 11 months ago and now they are announcing that they are moving the parachain to the Polkadot network!
Polkadot’s 25th slot auction ended on August 19, and Kylin won the auction. The next slot Auction will start at 0:07 am on August 30th, and the current active crowdloan is OminBTC.
Polkadot officially held a community online meeting on Twitter space this week. Efinity, CESS, Web3Go, supercolony, OAK Network, InvArch Network, Aventus Network, and SubWallet shared their latest progress. Kusama & Polkadot council member Raul shared several recent important motion.
Polkadot(DOT) staking is now available on Binance US!
Parity has partnered with Watr to bring Watr's deep commodity expertise into the Polkadot ecosystem and launch a Web3-enabled solution platform to solve pressing industry problems. learn more
"Parity and the Watr Foundation cooperate to develop a parachain that serves "commodity trading"! "
Bill, Head of Technical Education and Grant at the Web3 Foundation, conducted an online AMA on Twitter Space this week, sharing Polkadot's latest governance mechanism!
Bill also held a text AMA on Reddit this week, check it out here: https://www.reddit.com/r/Polkadot/comments/wrcy7q/bill_laboon_ama_19_aug_1300_1400_utc/
Polkadot 70 referendum, the proposal to increase Polkadot's maximum HRMP channel to 30 has passed! There are still 5 days left for execution as of the deadline for posting!
There are still several posts about applying for treasury waiting for community discussion, including:
Application to develop and operate YieldBay, a listing platform for all dotsama liquidity pools and yield mining.
PolkaWorld is applying for treasury to support the next phase of community operations and education.
Application to develop Ziggurat, a web testing and stability framework.
Apply for ongoing maintenance and operation of Polkawatch, a tool for Polkadot decentralized analytics.
Kusama is running its 49th slot Auction and is expected to end around 7am on August 22nd. The current anonymous ID 2130 leads the entire candle period!
big ecological news
The Kusama220 referendum has passed! This bill approves an HRMP tunnel between Statemine and Calamari!
The Kusama221 referendum has been passed and implemented! This motion approves the runtime upgrade of Encointer, a public welfare parachain, to v8.
Kusama council voted Motion 526, which approves proposals for the Sovereign Nature Initiative. SNI is a non-profit foundation that brings together multiple partners and engineers from the Kusama ecosystem, including Kodadot, Momentum, Unique Network, Kilt Protocol, and Ocean Protocol, to support Web3 for wildlife conservation by launching a KWT Hackathon Capacity building and other efforts to restore and protect biodiversity ecosystems.
The Kusama Council is voting on Motion 528, a motion to approve WagMedia's bounty missions! This is a group of ambassadors behind the Community Channel Moderation Team proposing to create a Community Moderation Team Bounty that rewards community moderators for their daily contributions.
A proposal to apply for the Polkadot ecology to participate in the SUMMIT PAIS DIGITAL 10TH edition conference is under discussion! This is a premier tech event for collaboration and debate around the most important issues in digital innovation, emerging technologies and information panels.
A proposal to fund the development of KusamaHub is under discussion! KusamaHub aims to build a medium NFT analysis tool for the Kusama ecology.
big ecological news
[The pledge of Zenlink $ZLK on Bifrost is now back online and converted to long-term Farming]
【Parallel Governance Proposal Guide is Now Published on Polkasembly】
[Avault announces to upgrade the calculation method of APY, and calculate Farm APY based on the net worth of the last 7 days and the rewards of user withdrawal fees]
[Moonbeam announced that the Connected Contracts Hackathon is now open for applications]
[Robonomics announced that it has opened a HRMP channel on Kusama with Crust Network]
【PolkaBridge announced the launch of the venture capital fund PolkaBridge Ventures】
【Deeper Network is about to launch a non-transferable and non-tradable stablecoin EZC (Easy Cent) on the chain, which will be used to pay application fees at a predictable rate】
[Starfish Finance announced that the team decided to make changes to $SEAN IDO, and the token sales will be transferred from the Astar network to Ethereum]
【OmniBTC has integrated with LayerZero Labs and Stargate Finance to enable seamless OmniSwap between EVM chains】
[Athos Finance announced that the $ATH/$GLMR pool is now running on StellaSwap]
[OAK Network announces support for Astar Network, Crust Network, Bifrost and Mangata Finance on Kusama through XCM]
[Multi-chain smart wallet platform Etherspot now supports Moonbeam Network]
The multi-chain smart wallet platform Etherspot now supports Moonbeam Network, Moonbeam dapp builders can extend their influence to new users and markets through more multi-chain opportunities.
[Starfish Finance integrates Celer Network's cBridge and interchain messaging framework into its DeFi and NFT-Fi product suite]
[SubWallet collaborated with Polkadot, Moonbeam, AstarNetwork, RMRK, and Bifrost to celebrate the release of its report and launched a Serpenator NFT challenge]
【Bifrost is now available on Fearless Wallet】
[Nova Wallet now adds cross-chain transfer support for Moonriver token $MOVR, supported chains include Parallel Heiko, Karura Network and Khala Network]
[GM Parachain has now been added to the Nova Walletdapp browser]
[Chaintroopers announces that it has completed its audit with Zeitgeist]
[Reef announced that it has joined forces with Dysto World to integrate its ecosystem products on the Reef Chain and provide users with a wider access to Metaverse products]
[Interlay released a governance proposal to open the XCM channel with Astar]
Interlay released a governance proposal to open the XCM channel with Astar, which is the first of two referendums to allow assets to be transferred between Interlay and Astar, opening the way for more use cases of iBTC.
【Talisman wallet now supports Nodle Network】
【The latest roadmaps of Manta Network and Calamari Network have been updated】
[Beamswap announces that Coinbase Wallet is now integrated on the Beamswap platform]
Beamswap announced that Coinbase Wallet has now been integrated into the Beamswap platform, and Coinbase Wallet users can now interact with the Beamswap DApp and store $GLINT through the DeFi wallet.
【Subsocial announces the addition of NFT Banner support in the Sub.ID app】
【OriginTrail Teleport Batch 1 is now officially completed】
【Astar Network Hexa Farming has officially started】
[Ceres announced the launch of the P2E game DEO Arena in the Polkadot ecosystem]
【PolkaBridge native token $PBR is now listed on Huobi】
【MANTRA Announces the Launch of Ecosystem Evolution to OMniverse】
【Nodle Network will use SubQuery data to support its Mobile CashApp and Web wallet】
[Moonbeam introduced the first proof of concept in the latest Runtime 1701 update to provide EVM functionality through XCM technology]
In the latest Runtime 1701 update, Moonbeam introduced the first proof of concept through XCM technology to provide EVM function, allowing other parachains to interact with Moonbeam EVM. The new cross-chain function will promote Polkadot ecological connectivity into the next stage.
【PNS has officially opened the registration of 7-digit domain names】
【Loop Finance now uses SubQuery to obtain data on Juno Network】
【Fearless Wallet is now officially launched on Phala Network】
Ecological investment and financing
[OriginTrail v6 Phase 2 testnet has been successfully launched and integrated with OriginTrail Parachain testnet]
[SubQuery announces to be the first data indexing protocol serving the Algorand ecosystem]
Ecological cooperation
[Nova Wallet now provides a new cross-chain transfer function for DOT]
[OAK Strategic Partnership and Mangata Ecosystem Development Fund announced that the TUR:MGX trading pair will be officially launched on August 29]
[Crystl Finance announced that Moonbeam is now online, and has launched an innovative revenue optimization strategy for StellaSwap]
Ecological investment and financing
[Metaverse COSMIZE built in the Astar ecosystem announced that it has raised seed round funding from Next Web Capital, DFG, LongHash Ventures and Emoote]
The metaverse COSMIZE built in the Astar ecosystem announced that it has successfully completed its initial seed investment, and has raised seed round funding from Next Web Capital, DFG, LongHash Ventures, and Emoote.
Ecological cooperation
【SubQuery Announces Partnership with Blockchain Polymesh】
【PolkaBridge announced a new strategic partnership with V2BLabs】
【SubQuery Announces Partnership with Fanfury, a Blockchain Fantasy Sports Platform】
【Bounce Finance Announces Partnership with Gear Technologies】
【PolkaBridge Announces Partnership with Web3 Ecosystem Fantomlive】
*The information provided by the Polkadot Ecological Research Institute does not represent any investment hints. The published articles only represent personal opinions and are for reference only. Since there are no policies and regulations related to digital assets in China, users in mainland China are requested to pay close attention to the development of Crypto.
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【OnFinality Announces Partnership with Enjin】
https://mirror.xyz/0x9A259b3a2316281Cc948cE2Cf1Ac610a79844f05







