Polkadot stablecoin launches

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DotLeap
09-27
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🐂 top news

  • Hydration launched HOLLAR, its over-collateralized stablecoin accepting USDT, USDC, USDS, and USDe as collateral with 5% APY for borrowing.

  • Coretime sales and fees are trending upwards.

  • Binance US introduced 0% fees for DOT/USD trading.

  • Range launched the Polkadot Explorer, providing real-time visibility into cross-chain flows including XCMP, Snowbridge, Wormhole, and Axelar.

  • KusamaShield will enable anonymous cross-chain swaps for 35 tokens.

  • OneBlock+, Bifrost, and PaperMoon launched a Polkadot online hackathon with a $12K prize pool for REVM dApps and Bifrost LST projects.

  • Parity published a ‘10 years of Parity’ video with Gavin Wood and other team members.

    • Parity clarified that while Elastic Scaling is live on the Relay Chain, runtime upgrades to Polkadot SDK v2509 are required and scheduled for early October.

  • Polkadot Builder Party reached 500 registrations for its $40,000 prize pool hackathon with submissions opening October 6th.

  • DualMint, a DePIN for tokenizing local businesses, expanded from Arbitrum to peaq.

  • Pudgy Party surpassed 750K downloads.

  • sub0 published a new list of speakers for sub0 Symbiosis (the flagship Polkadot conference) happening in Buenos Aires from November 14-16.


⭕️ ecosystem

  • Acurast’s decentralized compute network reached over 130K registered mobile devices.

  • Aventus launched Aventus Cloud for enterprise applications with instant decentralization.

  • Mandala published Mandala ID: Building the Infrastructure for Secure Digital Identity.

  • Moonbeam integrated with Rarible NFT marketplace and launched two free open-edition drops.

  • Nova Wallet released v10.3.6 with browser issue resolutions and Rainbow Kit support.

  • OriginTrail’s TRAC token can now be trustlessly bridged from Ethereum to Neuroweb via Snowbridge.

  • peaq launched its Robotics SDK with support for Unitree, TurtleBot, and Hiwonder robots.

    • peaq recorded 1 billion RPC requests via OnFinality in the past week.

    • peaq’s Get Real Season 2 campaign reached 24K participants with 71K DePIN quests and 27K DeFi quests completed.

  • Phala published the dstack whitepaper, a zero trust framework for confidential containers.

  • SubWallet launched a web dashboard for asset tracking, staking, swapping, and token sales in browsers.

  • Turtle launched native-to-native swaps via Chainflip integration, enabling direct ETH-to-DOT exchanges with additional networks planned.

  • Xcavate partnered with Crust to provide 99-year storage for tokenized property asset data.


⚙️ technical

  • Polkadot-JS Apps has been updated to v0.165.1.

  • Polkadot-JS Extension has been updated to v0.62.1.

  • Polkadot-JS API has been updated to v16.4.8.


🏛️ governance

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

🆕 new

  • Ref 1759: Funding development of RegionX coretime marketplace on Polkadot (~196K)

  • Ref 1760: Creating the ink! Alliance Bounty in preparation for Polkadot Hub (261,137 DOT)

  • Ref 1761: Seeking community input on implementing pUSD, a DOT-collateralized stablecoin for Polkadot Hub using the Honzon protocol

🕓 confirming

  • Ref 1743: Funding the DeFi Infra & Tooling Bounty (1M DOT)

👍🏾 passing

  • Ref 1745: Retroactively funding development and maintenance of SubWallet from August 2024 - March 2025 (~$796K)

  • Ref 1748: Sponsoring active devs and community members to attend sub0 Symbiosis Conference in Buenos Aires (~$58K)

  • Ref 1758: Authorizing the curators of Bounty 31 to continue funding of Public RPC Providers for one year and two months (~111K DOT)

👎🏾 failing

  • Ref 1749: Appointing 2 directors to the Polkadot Community Foundation

  • Ref 1750: Funding The Dots to keep producing Polkadot-related content on X and TikTok ($39K)

  • Ref 1751: Funding the expansion of @noble/curves to Polkadot ecosystem through the curations of micro-sr25519 package (~$37.4K)

  • Ref 1752: Funding a Polkadot for New Ventures acceleration program ($108K)

  • Ref 1757: Funding completion of the integration of BRC721, a protocol that enables bridgeless minting of NFTs directly on the Bitcoin network (40,000 DOT)

✅ approved

  • 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)

  • Ref 1735: Updating ERC-20 asset metadata on AssetHub and registering Frequency token on Ethereum

  • Ref 1740: Reducing the number of pending messages allowed in an HRMP channel

  • Ref 1756: Upgrading the relay chain and system chains to v1.7.1

❌ rejected

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

  • Ref 1741: Funding the continuous development and maintenance of Polkawatch (9,998 DOT)


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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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