Polkadot

The battle for Polkadot's Coretime is heating up! Last month, Coretime was sold in the secondary market for 2,000 DOT! Just now, a buyer bought the only new core entering the primary market for 922 DOT (about $3,700). The demand for block space on Polkadot is still in the price exploration stage! https://x.com/alice_und_bob/status/1931041533639237877

Polkadot 2.0 is about to launch, community members Alice and Bob propose to kick off a global Launch Party event!

With the gradual launch of three core functions: Agile Coretime, Async Backing, and Elastic Scaling, Polkadot 2.0 is about to be officially released, marking the network's transition from infrastructure construction to application ecology. Core contributors Alice and Bob initiated the 'Polkadot 2.0 Global Launch Party' proposal, planning a month-long hackathon, offline gatherings, and online outreach activities, inviting developers to use tools like Substrate, ink!, and PAPI to build usability-rich, clearly defined Web3 applications, pushing the ecosystem from technical experimentation to real adoption. This event is not only a celebration but also a 'phased farewell' and a collective mindset shift towards a new vision: Polkadot Cloud, Polkadot Hub, and a new era of truly grounded Web3 applications.

This event is open and permissionless. Every team can decide their level of participation autonomously, and any community member can spontaneously organize local activities. Some content requires coordination, but more importantly: it should be co-created by the entire ecosystem. https://forum.polkadot.network/t/polkadot-2-0-launch-party/13200

In addition, Alice and Bob proposed another proposal with jump_BAHA_jump to gradually convert 500,000 DOT into tBTC! In response to the community's previously initiated Wish-For-Change referendum proposal #1394, this proposal has been passed! Therefore, they officially proposed a new proposal this week aimed at introducing Bitcoin reserves into the Polkadot treasury; detailed content can be seen at this link. https://docs.google.com/document/d/1FisuTzXRaKxTY_pwNvKpOXC1iElrKqfi8QHaZdDo5pM/edit?tab=t.0

The specific plan is to gradually convert 501,000 DOT into tBTC (with 1,000 DOT reserved for transaction fees) within a year, and the conversion process will be achieved through the 'rolling DCA' feature provided by Hydration. After a short accumulation period, the system will gradually provide liquidity to Hydration's Omnipool in units of 0.005 tBTC. This move will help diversify the asset portfolio of the Polkadot treasury while also supporting DeFi incentives within the ecosystem.

As one of the best-performing assets of the past decade, Bitcoin still has strong performance capabilities. Through this proposal, Polkadot has the opportunity to send a signal to the broader crypto industry while addressing future uncertainties: we support the future vision of multi-chain coexistence. They are expected to submit this proposal for on-chain voting early next week! However, to submit this proposal on the Root track requires a decision deposit of 100,000 DOT. Alice and Bob are looking for this decision deposit and have ensured that all relevant parties are involved to clarify and comply with the process, with only the decision deposit left to secure. Interested parties, please contact via TG / Element / Twitter DM → @alice_und_bob

Moreover, a community member also posted in the forum questioning whether the upcoming proposal to 'sell DOT to purchase BTC' is truly reasonable:

  • Currently, DOT is at a historical low, while BTC is at a historical high. Selling DOT now would send an extremely negative signal to the market: do we not believe in DOT ourselves?

  • The Polkadot treasury currently holds $122 million in assets; the issue is not 'lack of funds,' but how to utilize them effectively.

  • Previously, exchanging DOT for BTC has only yielded about 2.46% annualized returns. Even if executed now, doubling BTC would only increase the treasury's assets by 1.58%.

In summary, we should focus more on increasing the demand for DOT and reducing circulation, rather than further increasing selling pressure and expanding the treasury scale.

What do you think? Feel free to participate in the discussion here: https://forum.polkadot.network/t/bitcoin-reserve-for-the-polkadot-treasury/13221

Important information! Gavin Wood officially stated his views on the JAM Token in the Polkadot forum: 'I personally do not intend to issue new tokens based on the JAM protocol. I also do not think it would be wise for Parity and the Web3 Foundation to issue such tokens, but the leadership of these organizations can decide for themselves. I generally oppose actions that I believe do not bring real net benefits to Polkadot.'

However, Gavin also stated that he will indeed continue to explore ideas that may bring long-term value to Polkadot, sometimes involving new tokens—but these tokens are usually symbiotic with DOT rather than replacing it. DOT is the core of the Polkadot product economy, and Gavin hopes it continues to maintain this position. The existence of JAM will not change this.

For more responses from Gavin, check out the latest article on PolkaWorld(Gavin Wood officially states his views on the JAM Token!)

Gavin's three-hour special interview has finally been released this week! PolkaWorld is organizing a Chinese version to share with everyone! In the preview video, Gavin stated: 'What we originally wanted to build was a decentralized internet, but we ended up with a Web3 football league.'

Solana wears blue, Polkadot wears pink, Ethereum is the veteran champion team. Founders, like head coaches, cannot show weakness or 'collude with the enemy.' Even if they just want to cooperate, they may be seen as traitors by the community. But in the end, this is not a competition; it's a technical issue—one that can be solved.

Solution? Gavin Wood believes one possible way is: decoupling the network from the tokens, or allowing all tokens to freely exchange in a unified protocol while retaining identity but allowing fluid use, enabling the 'currency basket' to settle automatically, allowing users to freely cross 'sovereign chains.' Web3 cannot remain in tribalism and internal strife forever! If we cannot cooperate even on the basic protocol, how can we talk about building the future together?

Want to know what other exciting content there is from Gavin's three-hour interview? Follow PolkaWorld for more information!

Polkadot's contract functionality is about to launch, targeting Q3 alongside the Polkadot Hub!

Jan-Jan, the developer responsible for launching this feature at Parity, stated: Polkadot contracts not only support Solidity and Ethereum ecosystem tools but will also achieve differentiation in network performance, scalability, and cross-chain capabilities. Highlights include:

⏱ 30 seconds final confirmation, 500 milliseconds block time, emphasizing low latency + high reliability;

📊 Providing a reliability dashboard for developers to monitor performance in real-time;

🔄 Deep integration of Polkadot's native functions, such as XCM cross-chain communication, staking, governance, etc.;

🧠 Supports future Polkadot VM & JAM protocols; contracts will be automatically compatible;

🚀 Contract projects can smoothly migrate to independent chains, reducing initial entrepreneurial risks;

Additionally, Parity's technical VP Pierre has stated: 'Polkadot contracts also support the deployment of Solana contracts! However, beyond technology, there are sufficient peripheral services available! To truly enable project landing and migration!'

For more information about Polkadot contracts, see PolkaWorld's article(What exactly is Polkadot Hub? Why add contract functionality? Will it support Solana VM?)

PolkaWorld previously reported that PolkaVM has been deployed on the Westend testnet and has successfully implemented multiple real contract systems! PaperMoon has migrated Uniswap V2 to PolkaVM, and the latest progress is that the multi-sign team Mimir has successfully deployed the Safe multi-signature custody system on PolkaVM. Additionally, Remix / Hardhat / MetaMask are fully integrated, providing an experience close to the mainnet! PolkaVM has completed the critical leap from 0 to 1!

Learn more in the latest article from PolkaWorld(Important progress! PolkaVM has completed the critical leap from 0 to 1! True Alpha never wins by narrative!)

Ethereum Foundation layoffs and R&D restructuring have sparked heated discussions! Over the past year, the tech community has repeatedly warned: if the core protocol design issues are not addressed head-on, Ethereum may lose its leading advantage. This week, the foundation announced layoffs and restructuring of the R&D department, shifting focus to:

  • Expand the underlying network

  • Enhance blobspace

  • Improve user experience

Meanwhile, Polkadot has long been advancing in a decentralized manner:

  • Technical Fellowship self-organizing to advance core protocols

  • OpenGov public transparent governance

  • No layoffs, only evolution

This is the difference that design resilience brings! https://coindesk.com/tech/2025/06/02/ethereum-foundation-lays-off-some-staff-amid-rd-restructuring

21Shares is advancing the registration process for a spot ETF (exchange-traded fund) based on Polkadot (DOT), submitting their third updated version to the SEC on June 5, 2025! In this version, they:

🔹 Responded to SEC's feedback

🔹 Added an audit report issued by the independent accounting firm Cohen & Company

🔹 Supplemented information on investor protection

The resolution date of June 24 is approaching; let’s wait and see together! https://x.com/EmilKietzman/status/1931013324738539857

Want to build your own chain? Check out the Polkadot SDK!

🧩 Modular architecture🛠️ Custom execution logic

🔁 No need for fork upgrades ⚖️ Native on-chain governance

🌐 Cross-chain communication XCM

🔐 Shared security or sovereign independence

Whether you want to build a DeFi rollup, AI-native chain, DAO coordination layer, or enterprise-level blockchain, the Polkadot SDK can help you efficiently land from 0 to 1!

👉 mythos, Hydration, KILT, Pendulum, Aventus are all using it

👉 Wasm / RISC-V multi-language compatibility

👉 A one-click deployment entry PDP is coming soon

Let's use the Polkadot SDK to truly own our chain. https://x.com/Polkadot/status/1931116590658896147

Insights from seasoned venture capital → Harbour Industrial Capital deeply analyzes Polkadot 👀

🔹 JAM Protocol

🔹 Comparison with Ethereum

🔹 How DePIN helps Web3 reach the masses

🔹 Shift in Web3 strategic focus

Click to listen to the full conversation: https://x.com/CryptoTimes_io/status/1927097159234588985

Web3 Foundation researcher jeffburdges published (Post-Quantum Cryptography Roadmap for Polkadot and JAM) on the Polkadot forum https://forum.polkadot.network/t/post-quantum-cryptography-roadmap-for-polkadot-and-jam/13232

The Polkadot Ambassador Alliance officially launched the Polkadot Summer Plan this week, with the goal of holding 1,000 Pop-Up flash events this summer! Pop-Up is a spontaneous and creative party format used to connect people with Polkadot. From park picnics to bar gatherings, the core of these events is to inspire genuine human interaction—no speeches, no guests, just companionship and sparks of curiosity! The Polkadot community is coming together to create a vibrant local community with a table and a chair! https://x.com/dotfellowship/status/1930997704366206978

The Polkadot App is finally launching in June! Check out the team's updates from May:

  • The Polkadot App has been submitted for review by Apple and Google, expected to officially launch in June!

  • The Polkadot APP has built-in real-time chat, and community members have joined the customer service team to answer any questions you may have!

  • The PCF team has submitted proposal #1573 to seek more support and subsequent development funds; everyone is welcome to support!

  • More feature demonstrations and in-depth introductions will be launched this month, along with UX optimization and gift-giving feature plans~

Finally, after the APP application goes live, the team plans to hold a Google Meets party, or celebrate together in real life, to mark this moment!

If you don't know what the Polkadot APP is: this application, designed for newcomers and crypto users, makes it easy for you to start your Polkadot and Web3 journey. Feature details: http://polkadot.com/app

Ecosystem projects

Polkadot's GIGAHydration incentive program has been approved! In the next six months, 2 million DOT from the Polkadot treasury will be used to support liquidity incentives on Hydration. https://x.com/hydration_net/status/1930540645631832469

Additionally, Bifrost stated they will also work with Hydration to accelerate the development of Polkadot DeFi. By introducing lending mechanisms for yield-generating assets and promoting the adoption of ecosystem-native projects, they aim to make the Polkadot ecosystem more liquid and user-centered. https://x.com/Bifrost/status/1930936404881952866

vDOT is gaining rapid market recognition:

✅ 12 million DOT staked

✅ Over 6,000 holders

✅ Occupying 66% of the liquid staking market share

Learn more here: https://x.com/Bifrost/status/1930565299461582886

In the blockchain world, 99% of asset losses do not stem from technical vulnerabilities, but from user operational errors! Even when using multi-signature wallets, many potential risks still exist, seriously threatening the security of on-chain assets! However, in the Polkadot ecosystem, the multi-signature mechanism has already developed a mature, stable, decentralized security system capable of effectively resisting similar attacks!

This week, PolkaWorld introduces Mimir, the pioneer of smart multi-signature in the Polkadot ecosystem! Not only does it enhance security guarantees, but it also brings user experience to a new dimension! Learn more in our video!

Breaking! The POLKADOT debit card is launched! Nova, in collaboration with Mercuryo, introduces the crypto debit card feature in Nova Wallet v10. Simply top up with DOT to spend anywhere Mastercard is accepted worldwide—whether online, offline, or while traveling! Currently supports users in the European Economic Area (EEA). Apply for your card now! http://card.novawallet.io

Mythical Game will run dozens, even hundreds of game chains in the future! Polkadot core developer Andrei Sandu revealed a significant message in a recent Fellowship call: 'Their layout is indeed very large. I believe what they are building will become the largest gaming platform in the Web3 space. And all of this can only be achieved through a multi-chain architecture. Each chain runs only one game and uses batch or on-demand coretime based on load. I estimate that dozens, even hundreds of game parachains will be deployed in the future.'

This means there will be a large demand for Polkadot's coretime! https://x.com/alice_und_bob/status/1931034122396299434

On June 5, 265Dots, a Polkadot ecosystem company, was invited to ring the iconic closing bell at Euronext Amsterdam Stock Exchange, symbolizing the official connection between Web3 and traditional financial markets.

This historic moment represents not only 265Dots but also Polkadot's move towards mainstream. As a company dedicated to integrating Polkadot into the traditional financial system, 265Dots is creating access pathways for institutional participants through ecosystem support, funds, and structured products. They stated: 'This is just the beginning; we will continue to build bridges between Web3 and TradFi.' https://x.com/265Dots/status/1931146432272089571

adidas Football officially partners with FIFA Rivals to bring exclusive game content! This collaboration will make a stunning debut on the Polkadot game chain Mythos, built by Mythical.

Two major icons, cross-border collaboration, a connection that rewrites the rules 🎮 ⚽️ Are you ready to welcome the dual firepower of the field and the chain?

Global launch on June 12! adidas's first wave of limited items is about to launch! https://x.com/FIFARivals/status/1930985533317992590

#Polkadot