A week in Polkadot: November 30 - December 6, 2020

By Web3 Foundation | Polkadot | 7 Dec 2020

Polkadot News

Polkadot News

Polkadot's first gathering since the network's launch and decentralization, Polkadot Decoded, aired on Thursday, 3 December 2020. Over 6,500 people tuned in to watch a wide variety of speakers from the Polkadot and broader Web3 ecosystems. You can watch the recordings here: https://www.crowdcast.io/e/polkadot-decoded

Polkadot-JS's "targets" page has added expected returns, filters, and more information to make it easier to select your validators. https://polkadot.js.org/apps/#/staking/targets

Polkadot-JS's "staking" page now includes current inflation rate (Polkadot is at 9.1% and Kusama at 7.3% at the time of writing) - https://polkadot.js.org/apps/#/staking

Referendum 12 has had no supporting information added and is losing ~1.9 million NAY to ~ 4'000 AYE. https://polkadot.polkassembly.io/referendum/12

Interested in seeing how many staking rewards your account got over a given time period? Check out https://github.com/w3f/staking-rewards-collector

As part of our anti-scam efforts, known phishing sites will be added to the phishing repo. Help keep the Polkadot ecosystem safe by adding scamming and phishing URLs here: https://github.com/polkadot-js/phishing

There has been a lot of work happening on PSP (Polkadot Standards Proposal) 6, for JSON-RPC. Check out the comments and progress here: https://github.com/w3f/PSPs/pull/6

Polkadot currently has 66% of DOT staked and an inflation rate of 9.1% p.a.

There is a Treasury Proposal to fund a Substrate hackathon in China. https://kusama.polkassembly.io/post/375


Tips and Tricks

Did you know that a portion of the Polkadot Treasury (1%) is burnt automatically every spend period if not spent, but this burn percentage (0.2%) on Kusama is instead redirected to the Society? https://guide.kusama.network/docs/en/kusama-parameters#treasury

Curious how cross-chain communication works in Polkadot? A good place to start reading up on it is the Wiki page - https://wiki.polkadot.network/docs/en/learn-crosschain

Remember when nominating a validator, your bonded funds are at risk of slashing. Be sure to investigate the validators you are choosing, for example by reviewing their stats here: https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama-rpc.polkadot.io#/staking/query

Check out the Calendar for all the upcoming on-chain events happening on Polkadot and Kusama - https://polkadot.js.org/apps//#/calendar

Web3 Foundation is looking for an entry-level employee or intern for the Technical Education team, you might be a good fit! https://web3.bamboohr.com/jobs/

Not quite right for you? Parity is looking for people to fill a variety of roles. https://www.parity.io/jobs/#jobs

Keep up to date with the news on Polkadot with Twitter, Telegram or Element.

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Web3 Foundation
Web3 Foundation

Our mission is to nurture cutting-edge applications for decentralized web software protocols. Our passion is delivering Web 3.0, a decentralized and fair internet where users control their own data, identity and destiny.


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