Ethereum L2s or Polkadot Rollups?
Find out who wins in the ultimate comparison of key specs:
• Finality ⚡️
• Interoperability 🔗
• Transaction cost 🧾
…and more.
JAM GRAY PAPER - 1 YEAR!
On 18 April, 2024, Dr. Gavin Wood released the initial Polkadot JAM spec in the Gray Paper.
It’s been an intense year: from stunning JAM tours, DOOM running on-chain, and the JAM toaster, to 35 teams still actively cooking JAM implementations.
Snowbridge v2 is almost here! ❄️ Security audits are complete, fixes in progress, and it's targeting to launch in Q2 or Q3
Transfers between Polkadot <> Ethereum, and vice versa will be up to 90% cheaper 🤯
To Ethereum - less than $1
To Polkadot - less than 50c
💪 GIGADOT IS LIVE 💪
A new token from @hydration_net that combines yield from FOUR sources into a single product:
vDOT
aDOT
Trade fees
Incentives
Polkadot DeFi is gearing up!
TVL growing even in bear market after collapse of eth, dot (which is our most common asset on platform) and other alts by 50%-70% in last 3 months is nothing less than giga bullish.
Polkadot Ecosystem News 🌐
Polkadot growth strategy, WUD ATH, EWT is live on Hydration, Polkadot Kaito dApp, Nakamoto coefficient grew to 171, Polkadot Poland won an award and much more!
Polkadot Virtual Machine (PVM) feels like a real computer and its code can be easily recompiled into x64 code
In other words, build Web3 apps same as you build Web2 apps. Don't fade decentralized supercomputer
6bn+ $ of liquidity and economic throughput of DOT is massive but less available and useful as it could be, as user have to choose:
- between native staking,
- holding it in form of LSTs,
- LPing (native or as LST),
- using it as collateral (again native or as LST),
gigaDOT is wrapping all of these use cases into single asset and product superior and more useful to all above.
LSTs are 1 of the best crypto native product and innovations, which are still under appreciated by many, while w/o them, most of users would prefer holding PoS assets on centralized exchanges and on-chain economy would be w/o any doubts way smaller and weaker than it's today. While our frens @Bifrost did a great job, despite our collective efforts vDOT liquidity isn't as high as it will be thx to gigaDOT enabling dramatic increase of capacity and usefulness of vDOT as collateral and looping strategies, both proving amazing pmf but limited too much due to it's current liquidity.
To achieve higher growth we are proposing to move vDOT LP incentives towards gigaDOT + supply ~3m of DOT used by @Polkadot treasury for diversification into $$$ into lending side of our money market (while the DCA will continue) catalysing growth of ecosystem liquidity and allowing participation of more users (even highly interested institutionals) which can't be accommodated at current state of things. I can't predict prices but this might earmark turning point for ecosystem and it's community of on-chain users.
gigaDOT and other sources of liquidity useable as collateral will be mycelium and fertilisers for birth and growth of Hollar - future currency of DAOs, censorship resistant and scalable medium of exchange for citizens of world and network states.
Hollar as a foundation for savings and consumers products, assets and their liquidity will stop to leak from their owners, creators and producers into hands of middlemen like (centralized) exchange owners, MEV friendly blockchains and infrastrucutre, market makers corporations. No other stablecoin can be so tightly enshrined and combined with other economic and market primitives.
We will stop massive extraction and redirect value flows back to innovators, builders and their communities. Necessary essential building blocks for the future are finally coming together.
Whole crypto is always getting smashed when most of its participants are expecting salvation from single one off event which they believe will make everyone richer without any work:
1. CME (top of 2017)
2. Bakkt (2019)
3. every halving
4. merge
5. airdrops
6. memecoins
7. ai agents magically outperforming people in everything
8. always delayed alt szn bc of topping btc.d
9. Trump
10. Saylor
11. SBR
Like a small kids crypto bros are waiting on specific day to get gifts (pumps on everything) which they can dump for more fiat. On the other hand, society is getting richer only thanks to innovators, new materials, new energy sources, new land, more efficient logistic & businesss processes not waiting on single event magically improving everything immediately. Industry needs to fucking grow up.
Polkadot’s biggest memecoin – $WUD is making waves!
- Total wallets: 2,272
- More shrimps, fishes, dolphins, and whales are joining the pod!
- CTO 9 months ago
DeFi on Polkadot is thriving! 🙌
29% of all cross-consensus messages (XCM) in February were made on @hydration_net. A true liquidity hub! 🌊
• Polkadot – 20.4%
• Bifrost – 16.3%
• Moonbeam – 10.7%
Many big alts with 2%+ of supply unlocks for VCs and teams in a week, while @hydration_net buybacked 2%+ last year and redistributing it to all stakers
Yap early, yap only, yap often.
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Just claimed my social card and I'm accumulating Yap points in real-time.
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