Author: Ahmad Zubair

Relation labs has struck a partnership agreement with Talisman Wallet. This means Relation One has been integrated Into Talisman wallet as a login wallet. This move further strengthens Relation’s reputation as a web3 social graph infrastructure which aims to serve users ,and aggregate more social connection data across several blockchains. Relation One is the main user sided DApp of Relation social graph, and in order to improve compatibility with different blockchains and ecosystems, Relation is actively integrating itself into a lot more blockchains and crypto wallets. With Talisman wallet users can unlock a lot of potential applications across Kusama and…

Subquery will be partnering with Polymesh, this partnership will have Polymesh relying on subquery to improve the responsiveness of their user interface when displaying historical data chain, this partnership will also make it easier to perform complex queries of onchain data through the GraphQL API. Subquery also allows Polymesh to reach the goals of adding sophisticated security functionality within the period of its growth, where the need for queryable and performance data will also increase. This will ease the burden on Polymesh allow them to focus on their use case and front end products. About Polymesh Polymesh is an institutional…

Interlay has launched a Bitcoin-based stable coin cross-chain bridge on Polkadot, named interBTC (IBTC). This bridge will allow the use of Bitcoin on other blockchains not native to Bitcoin, for Defi transactions, cross-chain transfers, NFTs, and a lot more. iBTC will operate as a stable coin that is backed by BTC and secured by a decentralized network of collateralized vaults in a model that is similar to DAI token which is a markerDAO stable coin on the Ethereum blockchain. The iBTC vault uses multiple number of assets as collateral in ensuring its BTC reserves ,this makes one BTC to be…

Stella swap has integrated aUSD into its moonbeam ecosystem. This comes after a recent collaboration between Acala and Stella swap to further strengthen interoperability through crosschain messaging [ XCM ] within the Polkadot ecosystem. The integration of aUSD into Stella swap is a coming together of the most prominent Parachains within the ecosystem i.e, Acala and Moonbeam. What does this integration mean for Stella swap and the Polkadot Ecosystem? (1) aUSD will be included in Stellaswap core base pool; the core pool of liquidity in a stable AMM defines its base pool, this base pool serves as the foundation of…

SiO2 Finance is now officially live on Astar Network. The launch will ensure the support of Ethereum virtual machine (EVM) and web 3 assembly (WASM) on Astar. Additionally, it supports other virtual machines and is focused on community growth and development. The other cool features SiO2 finance will be bringing to the Astar network will include: -Lending/ borrowing; this feature allows users to use multiple number of assets as collateral to borrow other assets without selling of their collateral. -Depositing; this feature allows users to deposit a good number of assets and earn passive income from accumulation of interest. -VE…

Basilisk Finance has won the 47th Kusama parachain slot action for lease period 23-30 which will be ending by 20th July 2023. Basilisk did not launch a crowd loan in securing this parachain slot, the team used its own funds to place direct bids for the auction. This comes at zero expense to existing BSX holders as they are not diluted by another crowd loan campaign. What does this mean for Basilisk Securing the second parachain slot means that Basilisk can move ahead with the following projects they have lined up in the pipeline. – Adding liquidity mining functionality to…

Moonriver has opened an HRMP channel between itself and Shiden network.This will enable the transfer of MOVR from Moonriver to Shiden network through Astar network portal, as well as aiding the building of dApps on the Shiden network. The Shiden Network native currency, $SDN will also be available to be used in the DApps built on Moonriver. By opening more channels on Shiden network, Astar is preparing to bootstrap the launch of WASM projects with the recent Swanky suite announcement which is an all-in-one tool for WASM smart contract developers on Polkadot and Kusama,.It also brings the various tools of…

Cryptocurrencies came with the potential and promise of decentralization and emphasis on more truth and less trust, and eventual redistribution of wealth, but most of these promises haven’t been kept, as volatility is a major concern for most assets on the blockchain. Price fluctuations and unpredictability of assets keep investors at arm’s length of certain projects. This has led to the invention of the “stablecoin” which has been used as a tool for alleviating some of these concerns. The stablecoins in existence on the ETH network, (USDC and a few others) fundamentally are single network assets whose underlying ledgers place…

Astrid DAO will be partnering with Onfinality in order to tap into Onfinality’s scalable API services. Onfinality is granting Astrid DAO access to it API and one click deploy collator nodes. Onfinality will also be assisting Astrid DAO in running tests on their network and providing valuable data regarding node scalability and how the nodes are run. This team up will allow the Astrid DAO team to focus on redefining their products and scaling to higher degrees. By helping to reduce Developers workload on Astrid DAO they can now focus on their core product on Astar network with the support…

Subsquid has struck a partnership agreement with Dwellir that will enable web3 developers on Subsquid to have access to premium Dwellir infrastructure. In order to kick-start this partnership Dwellir has also agreed to offer users of Subsquid introductory rates which starts at $100 a month for shared endpoints ,and developers have a chance to register for the Dwellir free tier which allows up to 500,000 request per day. This partnership comes with anticipated release of Subsquid Aquarium hosted service which will make it possible for Squid developers to follow a link to Dwellir’s website to receive access to the platform’s…