📬 Some of the latest DAO updates from WagMedia! (July 29 – August 4)
Discovered by the community, curated by the community, and supported by OpenGov.
🔹 To achieve optimal compatibility with mainstream third-party Ethereum dApps, Polkadot Hub has strategically prioritized the deployment of a 100% Ethereum Virtual Machine (EVM) compatible alternative to supplement or replace PVM.
🔹 Lido Finance's governance token LDO has launched on the Hydration Omnipool, and the GIGAHydration reward mechanism has been initiated, with initial annual incentives reaching up to 69%.
🔹 Web3 gaming investment firm GG Capital announced an investment in Mythical Games through the strategic acquisition of MYTH tokens.
🔹 Nova Wallet's Nova Shots predictive dApp returns, participating in the Malta Blast Bounty Series 2 CS2 esports tournament. Users holding tokens of the winning team will share a prize pool worth 25,000 USDT.
🔹 Harbour Industrial Capital has made a total of $1.2 million in strategic investments in Mandala Chain, Kylix Finance, Xcavate, and Hyperbridge through its HIC Fund II.
🔹 Driven by Velocity Labs, ChainFlip has partnered with Subwallet to enable one-click cross-chain swaps, supporting seamless exchanges between multiple chains including Asset Hub, Relay Chain, Bitcoin, and Ethereum.
🔹 Through the Bifrost reward-sharing program, ecosystem partners minted over $13 million in TVL in July. Hydration led with a minting volume of $7.2 million in vDOT, followed closely by Subscan, contributing $4.2 million.
🔹 Energy Web is set to initiate an upgrade, planning to migrate its existing Proof of Authority (PoA) based Energy Web Chain to a Proof of Stake (PoS) parachain—Energy Web X.
🔹 The Polkadot community has completed a phase of research on the "DOT Cap Supply and Tiered Inflation Research Report" (RFP #1), presenting three optional models to the DAO and initiating a non-binding vote on OpenSquare.
🔹 At the GM Vietnam event on August 1, Radha Dasari from the Web3 Foundation delivered a keynote speech discussing how Polkadot Hub and Polkadot Cloud can become the key infrastructure for the next generation of Web3 applications.
🔹 Congratulations to the artists who won awards in the Entropretty algorithm tattoo design competition held at Assembly Summer '25!
Written by: @yaydotoi
