Wag is Back! (February 25th to March 2nd)
The current sentiment with Bitcoin and the markets suggests we are back. Likewise, after a lengthy hiatus, Wag is back!
If you're interested in web3 journalism, we invite you to join our finders program via Discord. Who knows, perhaps one day we'll feature your writings here.
Progress continues swiftly at WagMedia. Look out for further announcements from both our Anglo and non-Anglo content programs.
For all you budding creators out there, don't hesitate any longer – join us now! 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
Written by Sanchez
The recent surge of liquidity into the crypto markets, led by an increase in the price of Bitcoin, has swiftly shifted market sentiment, reigniting excitement among many crypto enthusiasts. After enduring a rollercoaster ride of emotions in recent months, it feels like we're finally back on track.
The approval of Bitcoin ETF, which opens the doors for many possibilities, and the halving expected on May 4th, 2024, have played a significant role in the gradual change in sentiment, bringing enthusiasm back. We’re also seeing a lot of teams building Layers 1 which will leverage Bitcoin. Memecoins are on a rampage and degeneracy is back.
It is often said that "bear markets are for building." On Polkadot, developers have kept steadfast and persevered through the challenges of the bear market. By finding ways to navigate the liquidity challenges and low enthusiasm from users amongst other problems, developers on Polkadot are building the next generation of products for users.
Check out our full newsletter for the full story
General News
Written by yay.oi
The Capital Markets and Technology Association (CMTA) welcomes Polimec, a provider of decentralized, transparent, and regulatory-compliant fundraising utilizing robust on-chain KYC credentials issued by Deloitte.
The Tannsi Network ecosystem has gathered 60 projects, 60% of them new to Polkadot and Substrate, in just 9 months.
Rumor has it there’ll be a Hyperbridge crowdloan coming to Polkadot soon.
Origin Trail publishes White Paper 3.0: Verifiable Internet for Artificial Intelligence.
NFT News
Written by yay.oi
Unique Network wins Polkadot Auction #63 with a self-funded bid of 59,900 DOT.
In its monthly update, Unique Network celebrates climbing the ranks of the Polkadot ecosystem and reveals some impressive NFT minting stats.
Evrloot shares some impressive data from their collaborative event with PINK. The event generated some impressive results: 882 unique wallets minted an NFT, and with 65,000 transactions in 7 days Evrloot recorded the most dApp interactions on the Moonbeam Network.
The Astar Degens treasury has adopted HydraDX’s vDOT yield DCA strategy, distributing DOT interest as ASTR to NFT holders. Additionally, eligibility for the DED airdrop has been confirmed.
DEFI News
Written by yay.oi
Take a look at Bifrost’s monthly report. The total TVL has continued to increase and is now at more than USD$111,000,000 and total vDOT minting supply has surged to 6,500,000.
Yield Booster is coming to Beamswap. Users will be able to vote to increase rewards in their chosen pool by allocating stGLINT tokens.
After the passing of Interlay Referendum #94, native USDC is live on Interlay for borrowing, lending, paying fees, and as a native and qUSDC collateral asset.
LDOT was the top performing Liquid Stake Derivative on Stellaswap with a seven day volume of USD$721,000.
Governance News
Written by Gigs
Nishaun Marshall’s Bold Fusion Proposal is exploring an intriguing blend of motorsport and blockchain. The partnership idea with Polkadot promises exposure and innovative marketing opportunities.
Zeitgeist’s Futarchy proposal is about Data-Driven Governance on OpenGov. It aims at enhancing decision-making through active participation, data analysis, and transparent governance practices.
The Web3 Foundation is empowering delegates with the Decentralised Voices program. It recently announced delegates for Polkadot and Kusama, providing them with resources to make impactful decisions.
HydraDX submitted two treasury proposals in the course of the week, requesting funds to boost liquidity and incentivize liquidity mining.
Events News
Written by Gigs
ETHDenver24, with the theme "Year of The Spork Whale", was a major highlight of the week for the Polkadot and Web3 community. There was ample participation in the event by members and teams in the community. It began on February 28 and ended on March 3.
A mini-summit at ETHDenver24 was held on February 28th with Polkadot and Web3 the focus of the summit.
Polkadot AMA on Account Abstraction and Multi-signature was hosted on February 29th by Fillipo from the W3 foundation. The main discussion was proxy-based multisigs using MultiX.
On the 1st of March, an event was hosted by Polkaworld on Twitter with guest speakers; Luca (Polimec), Andrej (Bitcoin Suisse), Withelm (Icoinic Capital), and Justin (CIK on the Block); about the Imminent Launch of Polimec. This event explored the topic of participation opportunities in Polimec.
Extras
Written by yay.oi & Dodow
LAOS opens up a treasury, more details about the project as well as bounty winners are in the full newsletter.
Compelling narrative-focused bounties and original non-Anglo content bounties, find out “wag to come” in our full newsletter.