As widely known, the core funding for WagMedia's mission is secured through the Polkadot Treasury, which was determined by our community's vote via OpenGov.
The weekly newsletter has always been a fundamental component of WagMedia, keeping us updated on Polkadot's ecosystem developments, as well as keeping the community informed about WagMedia's activities.
We anticipate our new approach will be a fun way of bonding with the community even more, whilst allowing more voices to be heard through their written contributions.
The full newsletter can be enjoyed via this link.
Dodow, Chief Editor
Top Story Of The Week
Written by yay.oi
GG Polkadot! This week we’ve unlocked a legendary loot-box of epic proportions. A massive vote of confidence from Grayscale Investments, a million-dollar bounty that promises a world of fun, and a blockchain powerup that benefits 1337s and n00bs alike.
While Polkadot has been airdropping the fun into investment funds, they’ve also been putting some of their treasury funds into another kind of fun. GAMES! With the passing of OpenGov Medium Spender Referendum #470 this week, Bounty #38 received an allocation of 100,000 DOT (a typical DOT treasury flex calling a million bucks a medium spend).
With a slew of indie game titles about to join the Polkadot ecosystem, the timing couldn’t be better for a new development that lowers barriers to entry. This week it was announced that Agile Coretime will be deployed on Kusama very soon.
Check out our full newsletter for the full story
General News
Written by Sanchez
The Polkadot Alpha Program will provide a decentralized and community approach to alpha testing of products for developers looking to launch their projects on Polkadot. This initiative will also aid in increasing the visibility of these projects.
DOT has been included amongst nine other cryptocurrencies in a new investment product by Grayscale, the Grayscale Dynamic Income Fund(GDIF), which focuses on generating income from staking rewards.
The Parity data team has included interactive charts on the Polkadot Data Dashboard so users can better understand the data around Polkadot.
InvArch has announced March 31st as the date for the snapshot for the VARCH airdrop. DOT liquid staked on Bifrost, Acala, and HydraDX will qualify for the drop.
NFT & DEFI News
Written by Sanchez
Bajun Network, the canary chain of Ajuna Network, won the 132 parachain auction with a self-funded bid of 25 KSM.
Kusama Dragons are liquidating their treasury, which consists of NFTs of other collections such as the Kusama Kingdom, Kanaria, Buddies, and more.
The TVL for DOT LSDs on Stellaswap has crossed over $3.8M. These include LSDs from Bifrost, Acala, and Stellaswap.
Over 7 million vDOT have been minted on Bifrost, making it the liquid staking protocol with the highest number of DOT staked on Polkadot.
Governance News
Written by Gigs
Referendums 545 and 354 were submitted on Polkadot and Kusama, respectively, to equip the GRANDPA light client on the Polkadot side of the Polkadot Kusama bridge. Polkassembly introduced the slack bot. This tool enables users to track governance activity, like the Telegram and Discord bots.
Bounty #38 for indie games development was released during the week. There’s been a slight twist as Referendum #510 which sought approval of the curators' list for the bounty has seen its execution fail.
HydraDX is rebranding to Hydration. If passed, there will be an overhaul with the logo and brand styling.
Events News
Written by Gigs
LAOS hosted a discord meeting on March 6 to introduce the new DAME feature, which allows permissionless data addition to existing assets across different blockchains.
In collaboration with Kona Finance, Xcavate, Agro Token, and Valour Cap Group, the Tanssi Network hosted a space on March 6 to discuss the incentivization of real-world assets in various industries.
On March 6, RMRK hosted a space with Evrloot, to discuss the use of RMRK standards in the Evrloot game as well as touch on the recent standards and the future.
A PINK AMA was hosted on March 8 covering the latest news and questions about one of the first meme coins to launch on Polkadot.
Extras
Get more insights about the new Bounty hub for content creators in our brief report by Sanchez.
For your convenience, we list more upcoming event details in the full newsletter, section compiled by Gigs.
Awesome cover art created by aemonk.