Earlier this week, KILT Protocol delivered its native KILT tokens to users that supported the protocol’s crowdloan on Kusama. Parallel to its token transferability event, KILT also launched two new additions for storing and staking KILT—the Sporran wallet and the Stakeboard staking application. KILT and its decentralized identity solution KILT is an open-source blockchain protocol…
Karura Swap, the AMM-style decentralized exchange on Kusama, has joined forces with Bifrost Finance to introduce its newest trading pair BNC/kUSD. The pair will launch in Bootstrap mode on October 19 at 13:00 UTC with trustless trading scheduled to go live on October 21 at 13:00 UTC. The first cross-parachain token listing on Karura Swap…
High-speed “layer-0” blockchain Kusama has made a recent change in its schedule regarding the impending parachain auctions. One of the community council members has suggested a new proposal inviting votes from other members seeking one auction per week for the next seven leashes. What are parachains and why are they important? Parachains can be defined…
Polkadot whale and notable community member @DonnieBigBags tweeted that the Polkadot to Kusama bridge will be rolled out at the end of this year. He added that, by formally connecting both chains, Kusama is “more important than ever.” “Importantly it was announced today that the $DOT <> $KSM bridge will be ready by the end…
Altair Network is now the winner of the 9th parachain auction on Kusama. According to parachain auction data, the network amassed over $61.7million worth of KSM tokens from over 11,200 contributors, securing first place in the competition to launch on Kusama. Welcome to the cₕₐₒₛ @altair_network! After winning the 9th parachain auction, Altair is now…
The Kusama ecosystem is filling out nicely as potential projects continue vying for auction slots. According to Twitter user @DonnieBigBags, approximately 2.4 million Kusama tokens are locked in auctions, accounting for more than a quarter of the circulating supply. Around 2.37 million $KSM tokens are now locked up in auctions. Nearly a quarter of the…
Moonriver, the Ethereum (ETH) blockchain-compatible smart contract platform developed on Polkadot, is full steam ahead with some impressive figures since its launch just three weeks ago. A Polkadot – Kusama powerhouse As reported by Moonbeam, Moonriver has close to 100k wallet addresses on the network and over 650 ERC20 tokens have been created. In addition,…
KILT Protocol’s crowd loan has hit the maximum cap of 220,000 KSM during Kusama‘s 6th parachain slot auction. As the cap was reached before the auction’s end on September 3rd, further voting for KILT was disabled. BREAKING: KILT’s crowdloan has hit our max cap of 220,000 KSM very quickly, and further voting for KILT is…
“I truly believe what we are seeing is just the beginning of what may be the craziest 4 months for L1’s. As $LUNA upgrades to Col-5, $ADA rolls out smart contracts, $KSM and $DOT roll out parachains, $AVAX and $SOL continue development and adoption, things are gonna get insane.” And with Bitcoin dominance floundering at…