Paraguay invests $6M on Polkadot

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DotLeap
08-31

🐂 top news

  • Parity announced mandatory updates for parachains and dApps ahead of Asset Hub Migration to prevent native cross-chain transfer disruptions for DOT, KSM, and PAS tokens.

  • Gavin Wood will be on a livestream on September 2nd to discuss Capped & Stepped DOT inflation.

  • Inter Miami CF and Polkadot team up to launch the Back to School Initiative.

  • Paraguay is investing $6 million in tokenized equity on Polkadot to tokenize its innovation hub which includes a hotel, university, and data center.

  • Lollipop secured a Web3 Foundation grant to develop an sBPF interpreter to run Solana programs on PolkaVM.

  • BlockDeep Labs upgraded XCM Tracer with unified cross-chain message tracking across Polkadot chains.

  • USDC senders on Polkadot increased 370% year-over-year according to Token Terminal.

  • Polkadot Cloud build party launches October 6th with three tracks and a $30K prize pool.

  • CCN interviewed Radha Dasari (W3F’s Lead Technical Advocate) on Polkadot's Proof of Personhood solution for social media bot problems.


⭕️ ecosystem


⚙️ technical

  • Paseo testnet received a Coretime price curve fix.

  • Pop Network announced it will not deploy to mainnet and is returning 31,321 DOT to Treasury after completing technical milestones, shifting focus to Polkadot Hub development and discussions with Parity to integrate Pop's Messaging.

  • Polkadot-JS Apps was updated to v0.164.1.

  • Polkadot-JS Extension was updated to v0.61.7.

  • Polkadot-JS API was updated to v16.4.6.


🏛️ governance

For more information on Polkadot governance statistics, check out the Polkadot Dune governance dashboard.

🆕 new

  • Ref 1724: Retroactively funding the development of a JAM Knowledge Base Search Engine ($25K)

  • Ref 1725: Retaining Bastian Köcher at Technical Fellowship Rank VI

  • Ref 1727: Funding Subscan for Q4 2024 - Q2 2025 ($184.67K)

  • Ref 1729: Acquiring USDC & USDT for the Polkadot Treasury (2.64M DOT)

  • Ref 1732: Updating the curators of the Bridge Bounty

  • Ref 1734: Topping up the Events Bounty (500K DOT)

🕓 confirming

  • Ref 1693: Funding the operations of Polkadot Africa for 6 months ($160.8K)

  • Ref 1695: Funding the continued development and maintenance of Snowbridge for one year (~$2.44M + 116.5K DOT)

  • Ref 1699: Funding Gossamer’s contribution to Polkadot SDK for Q3-Q4 2025 (~$815K) v2

👍🏾 passing

  • Ref 1701: Making adjustments to OpenGov

  • Ref 1702: Retroactively funding Nova Wallet ($980.37K)

  • Ref 1708: Retroactively funding JUST Ventures GmbH for work across governance, technical support, and ecosystem coordination ($149.91K)

  • Ref 1710: Adjusting DOT inflation to the Hard Pressure & Stepped Supply model

  • Ref 1722: Funding milestone 3 of Subsquare’s development of a Collectives/Fellowship-focused portal ($160.8K)

👎🏾 failing

  • Ref 1697: Funding Encode Club to cover the costs of the recently finished Scalability Hackathon and fund the final stage–an accelerator (~128K)

  • Ref 1698: Topping up the Moderation Bounty (~46K DOT)

  • Ref 1703: Funding the development of the Staking Dashboard for Sept 2025 - Mar 2026 ($103K)

  • Ref 1705: Funding the go-to-market strategy of Pudgy Party on Polkadot ($2M)

  • Ref 1706: Retroactively funding the development and branding of the Polkadot Cloud website (~$42K)

  • Ref 1712: Funding 4-months development of DotCodeSchool ($22K)

  • Ref 1715: Funding the hardening of Polkadot to increase its hacking resilience ($495.8K)

  • Ref 1717: Funding the development of Clarys.AI ($130K)

  • Ref 1718: Adjusting DOT inflation to the Medium Pressure & Stepped Supply model

  • Ref 1721: Enabling RFC103 (elastic scaling) on the relay chain runtime

✅ approved

  • Ref 1686: Retroactively funding PolkaBiz for May-July 2025 ($62K)

  • Ref 1689: Funding Quadrivium for Polkadot SDK improvements ($288K)

  • Ref 1696: Refunding Snowbridge for a failed Treasury spend ($312.5K)

  • Ref 1700: Upgrading the remaining system chains (except AssetHub) to 1.6.1 and fixing XCM version subscriptions

❌ rejected

  • Ref 1691: Retroactively funding the development of PlutoFramework, an all-in-one framework for building mobile decentralised applications (~$142.8K)

  • Ref 1692: Funding the development of WAGOI, an EU-compliant, wallet-based data access platform for connected vehicles ($330K)


💰 opportunities

  • Fill out the OpenJobs form to be added to the directory so potential employers can find you.

  • Parity is hiring. From Runtime Engineers to Cloud Security to Technical Program Managers, the Parity job board is constantly updated.

  • Web3 Foundation is hiring for several positions, including Technical Educator, Senior Investor Relations Manager, and Senior Software Engineer.

  • Latent Holdings is hiring remote Polkadot Substrate developers with several years of production-grade Rust experience and competitive compensation.


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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