Mythical Spending! (March 31st to April 6th)
This week’s top story takes a deeper look at Mythical’s proposal, which draws attention because it includes an airdrop to Polkadot token holders. Additionally, we also take the opportunity to round up some of the other significant OpenGov treasury spending proposals.
Airdrops and the sum involved aside, Mythical Games is considered one of the top names in blockchain gaming, thus, in this week's edition we also feature a report on them.
We also recap on some of the weekly Polkadot DeFi insights, which the self-proclaimed “The DeFi Guy” has been providing us via a special funding arrangement with WagMedia.
The full newsletter can be enjoyed via this link.
Dodow, Chief Editor
Top Story Of The Week - Hey Big Spender!
Written by yay.oi
Hey big spenders! Spend a little DOT on me. This week we’ve got some big news about big funding that’s been flowing out of the Polkadot treasury coffers.
First and foremost, we’ve got a massive spend proposal from Mythical games. Next up Polkadot is making it rain liquidity all over HydraDX. There’s an opportunity to make a 6 figure salary from the new Polkadot ambassador program. And finally, PINK is tapping an alternative funding route that many other experimental projects probably could have been taking. Let’s go!
Check out our full newsletter for the full story
General News
Written by Turing Machine
Xode has won Kusama Auction #136 with a self funded bid to bring web3 game development and businesses to Polkadot.
Mandala Chain published a local native piece about their ID chain and how the project will bring millions of users to Polkadot.
Litentry won the 66th Parachain Auction on Polkadot, self-funding a bid of 180,088 DOT for a slot until February 13th, 2026.
The team behind PINK renounced the asset ownership, all token roles have been set to a dead proxy, the token now cannot be minted, frozen or altered.
NFT & DEFI News
Written by Sanchez and Gigs
Following the approval of their proposal, DOTA will be tokenized on Asset Hub and airdropped to holders. This move will enable potential CEX and DEX listings with the increased total supply of DOTA, establishing a treasury for further developments.
Moonbeam Network announced PINK as the theme of the Lunar Gaming Festival, with Pink points and a prize pool of over $2000 for participating.
Polkadex to keep things going by signing up to swap for an unused Parachain slot.
StellaSwap announces the public release of the StellaSwap Development Kit (SDK).
Governance & Events News
Written by Turing Machine
The Polkassembly team announced the formation of a Delegation, as such, they will now be actively voting on topics that they have some expertise in. They also welcome receiving further delegated power from the community.
HydraDX opened council motion #163, which if approved will call on its community to vote to rectify misdirected USDT funds for the Polkadot-API Dev Team.
Bill Laboon will hold a workshop on April 24th: “Intro to Polkadot”, Part of the W3Transfer Educate Series.
Polkadot founder and Chief Architect Gavin Wood will attend Token 2049 in Dubai to present Polkadot's future: The Big Jam.
Extras
Undecided about Mythical Games? Then you may want to read A Mythical Report by Sanchez.
We recap The DeFi Guy’s Chronicles by Dodow.
Awesome cover art created by aemonk.