Airdot the Meme! (March 17th to March 23rd)
Memecoins have finally airdropped on Polkadot, so is your vision Pink? Also, given the recent turn in the market, could it be that Dot is Ded?
We have an exciting extended top story this week where we explore what meme culture is all about and how the paraverse approached it. What's the future like? Will we see the explosion of memecoin mania have its turn on Polkadot?
Catch up on all the news and events this past week, as our finders have continued to uncover the latest updates within our ecosystem.
For those interested in content in other languages, then check out our brief write-up on our lingo lounge where there are bounties to be had.
As always, if you’re keen on news reporting or want to unleash your creativity, then feel free to join us! There are plenty of rewards awaiting your creativity.
The full newsletter can be enjoyed via this link.
Dodow, Chief Editor
Top Story Of The Week - part 1
Written by yay.oi
GM(N) Frens and Degens! We’re back with another dose of Polkaverse top news, and it’s been wild. Meme season has begun on Polkadot, and we’ve kicked it off with a double dose of airdropped goodness.
Some may say that Polkadot is a little late to the party. After all, Solana has been popping out multibillion dollar dog tokens for more than a year now, wif hats too. And Ethereum even got lucky with a frog token.
Polkadot started getting a whole lot memier in November 2023. An anonymous team submitted an Open Governance treasury proposal for 999,999 DOT to launch a new memecoin called PINK. They promised to spread the word that the best thing about Polkadot is not the tech, it’s the pinkness………..
Check out our full newsletter for the full story
Top Story Of The Week - part 2
Written by Sanchez
PINK, officially the first tradeable memecoin on Polkadot, launched earlier in the week. This saw excitement from the airdrop-eligible and non-eligible users. Users got varying amounts of PINK for playing the Pinkdrop game and participating in other gaming tournaments hosted by Pinkonmic. Those who didn’t get PINK had the chance to ape at launch.
DED, on the other hand, hasn’t had it so good. The DED foundation announced a change in the tokenomics of the DED token before the distribution of DED to users. This resulted from the DED Foundation choosing the speedy execution of the project rather than waiting to get more funds from the Polkadot treasury. The 5% of DED tokens earmarked for the airdrop have been completely distributed to the wallets of users holding DOT at a rate of 36 DED to 1 DOT.
Airdrops have not just been tied to memecoins, Polytope Labs, the team behind Hyperbridge, has announced the airdrop of 5% of the total supply of NAND tokens after winning the most recent Polkadot parachain auction.
Check out our full newsletter for the full story
General & Event News
Written by Gigs
Insightful data about the Polkadot ecosystem and its parachains has been made available on Dune Analytics.
Polkadex tripled its crowdloan rewards cap to encourage and attract contributors as they bid for a new lease.
Basilisk, the Canary network of HydraDX, won a Kusama slot with a self-funded bid of 122 KSM.
Polytope Labs outlines a plan for Hyperbridge, which includes tokenomics, an airdrop proposal, crowdloans, and other initiatives.
Hyperbridge wins the 65th Polkadot auction with a bid of 273K DOT.
Filippo Franchini of the Web3 Foundation hosted a Polkadot AMA special on March 21 to break down JAM, it featured guests Alice und Bob, Dakota from InvArch Network, and Kian from Parity.
NFT & DEFI & Governance News
Written by Turing Machine
LAOS network provides notification to interested DOT stakers that they intend to launch their crowdloan at Auction #68, which starts on April 21st.
Holders of Public Pressure POD NFT, which are listed on Raresama, get ready for an airdrop of 20K W3M tokens by completing the identification process.
Forever Has Fallen is an interactive story-driven metaverse about a bounty hunter, launched on Unique Network.
Bifrost and Velocity Labs announced a partnership to solidify and extend Liquid Staking Standards within Polkadot and beyond.
Centrifuge launched their on-chain management platform, aimed at fund and asset managers looking to setup tokenized investment products and strategies.
Acala has announced a refund of 5% of the loss from the Starlay Finance exploit, two weeks ago. This adds to the circa $400K from Starlay Finance, which covers 1\4 of the total loss.
PINK is now available and verified on DEX screener, where you can view real time analytics and charts.
You can track all the deliverables and reports from OpenGov proposals in a more transparent and efficient way, as the OG Tracker is now live.
Acala network and its canary Karura had an issue with their RPC nodes and temporarily halted the networks from 20th to 21th this past week.
Litentry submits a proposal to update to runtime version 9175 and remove superuser do (sudo).
Extras
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