Who is doubling down on Polkadot? HIC announces a new round of investments, and Bifrost × Hydration drives institutionalization in DeFi!
July is a month worth marking for the Polkadot community. Inside Berlin's Funkhaus venue, the atmosphere was bustling with voices as Gavin Wood introduced PoP, JAM, and zkJAM. At the same time, HIC has finalized first-round investment agreements with four 'treasure' ecological projects, injecting $1.2 million into early teams. In Hong Kong, senior government officials repeatedly confirmed the details of the 'Polkadot × Hong Kong' strategic cooperation case with PolkaPort East—this is a key step to bring Polkadot into Asia's financial center. On-chain, the liquidity of Bifrost's vDOT surged in just a week, with the product GigaDOT in collaboration with Hydration attracting more and more institutional players.
LD Capital founder Yi Lihua: A unified brand name series Liquid Capital will be adopted, ushering in a new financial era on the global chain.
BlockBeats news, on August 11, LD Capital founder Yi Lihua stated that looking back over the past few months, he is bullish on ETH and the resulting bull market, which has progressed as expected and even faster. He looks forward to the next major opportunity, as Wall Street's deep involvement in the crypto market is expected to eliminate significant bottom opportunities, ushering in a new financial era with 6 billion people globally on-chain.
LD Capital will adopt a new brand name — the full name of LD Capital is Liquid Capital, along with Liquid Ventures (primary investment in financial infrastructure) and unified brand businesses such as Liquid Digital, Liquid Group, Liquid Crypto, Liquid Labs, etc. We will hold onto spot trading and embark on a new journey, not disappointing in this brand new era.
This week we reviewed 9 @Polkadot proposals, let's see our voting stance:
⛔️ #1680 SubWallet Development (August 2024 - March 2025, 1.07M USDC) polkadot.subsquare.io/referenda/1680
Vote: Abstained
After communication, the budget is clearer, but the development scope is broad and complex, making it difficult for non-developers to fully assess its reasonableness. Although SubWallet is important, its profitability is limited, with annual profits around $10,000. Considering the overall situation, the funding request is quite large, so we choose to abstain.
Bitcoin is hailed as "digital gold" due to its cap of 21 million coins.
Now, #Polkadot also welcomes a critical turning point - the reform of the DOT inflation mechanism has officially entered discussion.
In 2024, the community has locked in an annual inflation of 120 million coins, stabilizing expectations, but not stabilizing prices - staking rewards continue to flow to exchanges, creating long-term selling pressure.
At the beginning of August this year, three new models were proposed:
Hard / Medium / Soft Pressure
Different intensities of inflation reduction paths.
Ultimately, the specific implementation direction will be decided by a vote from the entire community.
The goal is unified: to transition DOT from "sustainable issuance" to "scarce asset", reshaping holder confidence. #dot
1⃣ App has been submitted and passed Apple & Google review ✅ 2⃣ The first round of code audit in collaboration with @oak_security has been completed 🔐 3⃣ The 'Gifting DOT' feature development is complete and will be available after the app goes live 🎁 4⃣ The next step will be to integrate 'non-custodial Visa cards', UI & feature development is expected to take several months 5⃣ Designs for Visa physical card & virtual card have been submitted for review 👀 6⃣ The official team will release a more detailed roadmap covering the global launch schedule and marketing plans 7⃣ The team is working hard to launch the first version, expected to go live soon!
📲 The goal is to make DOT easier to use and spread. Stay tuned! #Polkadot
Polkadot Weekly Report | Polkadot Hub will be fully launched in mid-December! Polkadot stablecoin adoption skyrocketed by 300% in a year!
Polkadot Latest news: By the end of the year, Polkadot Hub will be fully launched! In the latest live broadcast, Alice and Bob shared several important updates in the ecosystem, including the launch time of Polkadot Hub, OpenGov reforms, DOT inflation adjustments, and new models for community economic growth. Here are the key highlights: Polkadot Hub launch timeline: 1. Migration of Staking and governance. Kusama: October 7. Polkadot: November 4. 2. Smart contract launch. Kusama: Mid-October. Polkadot: Mid-December So basically, by mid-December, Polkadot Hub will be in a fully launched state!
The current state of Cosmos may be a warning signal for Web3 ⚠️
1/ The core asset of Cosmos, $ATOM, plummeted by 90%, while projects like Osmosis, JUNO, and INJ saw declines of up to 70% to 99%.
From Celestia to Osmosis, the cycle of 'airdrop → speculation → dump → death' continues to repeat, short-term speculation driving out long-term builders, consuming trust and capital.
The once vision of 'blockchain internet' has now fallen into the death spiral of the airdrop economy.
2/ The collapse of Cosmos is not accidental, but a reflection of a Web3 'pseudo-business model': issue tokens → airdrop → pump → attract traffic → sell off → collapse
This is not a business logic, but an incentive loop.
The Crisis of Multi-Chain Architecture: Reflections from Cosmos to Polkadot!
'Multi-chain architecture' has long been regarded as the golden narrative of Web3: each chain can flexibly expand according to its own needs, cooperate with each other, share security, connect value, and build a truly open and interconnected network universe. Ethereum L2 is such a narrative; Cosmos is too, and so is Polkadot. However, the ideal has not yet materialized, and the dilemma has quietly arrived. When we review the current development status of mainstream L1 and L2 networks, a common issue emerges: As the number of chains increases, users have not been able to keep up;
🚨Latest News: By the end of the year, Polkadot Hub will be fully launched!
In the latest live stream, @aliceundbob shared several important updates regarding the ecosystem, including the launch date of Polkadot Hub, OpenGov reforms, DOT inflation adjustments, and a new model for community economic growth. Here are the key highlights:
1⃣ Polkadot Hub Launch Timeline
1. Migration of Staking and Governance Kusama: October 7 Polkadot: November 4
2. Launch of Smart Contracts Kusama: Mid-October Polkadot: Mid-December
So basically, by mid-December, Polkadot Hub will be in a fully operational state!
2⃣ OpenGov Reform in Progress
To improve governance efficiency and proposal quality, the community has proposed two key reforms:
1. Parameter Adjustments
The deposit for proposal submission is increased from 1 DOT to 10 DOT Increase voting participation threshold to reduce invalid proposals A maximum of 5 proposals allowed per track to enter the voting phase Proposal cancellation mechanism is more flexible to help clean up spam proposals
2. OpenSync Proposal Mechanism
Supports “competitive on-chain” for similar proposals, introducing an RFP (Request for Proposals) system Promotes price transparency and service competition among execution teams Introduces curator roles to oversee delivery quality
3⃣ Dual-track Reform of DOT Inflation Model and Economic Growth Model
1. Supply-side Discussion: Inflation Relief
The community is currently voting on the “relief path” for the annual inflation of DOT! x.com/polkaworld_pro…
2. Demand-side Discussion:
Currently, only 2% of DOT is actually used on-chain, the rest is mostly staked or idle Proposed to redistribute some staking rewards as “DOT Capture Incentives,” distributed based on actual DOT holdings per parachain
Stimulate inter-chain competition and encourage real economic activities (DeFi, NFTs, payments, staking derivatives, etc.)
Simulation models show that we can increase on-chain active DOT from 11M to 280M, releasing nearly 1 billion dollars in on-chain economic vitality
4⃣ Polkadot Launch Party will be held in late September to early October
This will be the largest Polkadot community event since the launch of parachains in 2021, covering:
🌍 Global Online Hackathon (one month long) 📌 Global Offline Meetups (for developers and users) 📣 Social Media Campaign (showcasing real progress and new stories on-chain)
🚨 @Web3foundation is undergoing a significant transformation, which is a clear signal for the future of @Polkadot!
1/
Those holding DOT and KSM have been calling for one simple thing: a clear direction.
With @BillLaboon's promotion to Vice President of Ecosystem, that direction may finally be coming.
2/
Bill is one of the most prominent and trusted figures in the community.
He is active on the forums, he participates in AAG, and he responds quickly to private messages.
Now, he is also in the most critical position in this ecosystem, capable of driving coordinated action.
3/
"Decentralization ≠ Disorganization."
The Polkadot community does not need directive management, it needs coordination.
What Bill wants to bring is: → Clear ecosystem priorities → Strategic consensus → A "North Star" 🌟 that we can all pursue together
4/
Since 2018, Bill has been involved in OpenGov, funding projects, Staking, education, and various aspects, he knows what works and what doesn't. He understands bottlenecks, understands people's hearts, and also understands the potential of Polkadot.
5/
His mission?
To get developers and users to collaborate around a common goal, to listen to the voice of the ecosystem, and most importantly — to help Polkadot succeed, rather than fighting separately.
Bill stated in an interview: "I hope this brings about a huge change."
Full interview: mp.weixin.qq.com/s/1_9j3XEwpaxX #Web3
DePIN (Decentralized Physical Infrastructure Network) is becoming one of the most promising landing directions for Web3, and @Polkadot is gradually becoming the core carrying layer of this emerging field.
With permissionless access, modular design, and robust cross-chain capabilities, an increasing number of DePIN projects are choosing to build next-generation physical world infrastructure on Polkadot:
🔋 Smart Grid: A blockchain-based energy scheduling network that dynamically allocates solar and EV power, with automatic settlement and transparent on-chain transactions. 📶 Community 5G: Residents build their own micro nodes, sharing bandwidth and breaking free from reliance on large telecom operators. 🚕 Decentralized Ride-hailing Platform: Direct connection between drivers and passengers, with smart contracts managing payments and no platform commission. 📦 Local Delivery System: Restaurants operate their own on-chain delivery network, ensuring data privacy and lower costs. 🗺️ Crowdsourced Map Network: Real-time data uploads via dashcams and drones, creating a tamper-proof Web3 map. 🧠 AI Computing Resource Pool: Players rent out GPUs to AI developers, earning tokens while gaming. 🤖 Robot Training Data Market: XR scene recordings used for robot training, with data contributions rewarded. 📈 Health Data Exchange: Wearable devices upload anonymous health data on-chain, rewarding users for healthy behaviors. 🛠️ Supply Chain Traceability System: Full-chain records of goods from source to endpoint, eliminating counterfeit products. 🌐 Decentralized Wi-Fi Network: Nodes deployed on-chain for verification, forming an autonomous wireless network infrastructure.
10 Million DOT Injected into Kusama: A Restart of a Real Experiment!
Do you still think Kusama is just Polkadot's "test chain"? Then you may have missed a quiet revolution recently - a community proposal with an allocation of up to 10 million DOTs is pushing Kusama to a new stage of independent evolution. These DOTs will not be poured out overnight, but will be injected into art, ZK, privacy, human identity and other incentive bounties in a gradual way “like a mother bird feeding her chicks”, aiming to give birth to a batch of truly usable on-chain experiments. In this interview, Bill takes us into the internal perspective of this ecological redesign. From the exquisite rhythm of the bounty mechanism to the ambitious blueprint of Kusama becoming a "cultural blockchain", it reveals an independent path different from Polkadot.
💥Major Adjustment at the Web3 Foundation: Bill Laboon Appointed as Vice President of Ecology, Unifying Strategic Layout and Launching the Polkadot Agents Program!
In the @Polkadot ecosystem, the @Web3foundation is often misunderstood as the 'official governing body'.
But it has always adhered to a more fundamental role: to serve, coordinate, and promote the realization of the Web3 concept.
As the ecosystem continues to evolve, the organizational structure of the foundation is also undergoing constant adjustments.
Recently, @BillLaboon was appointed as the Vice President of Ecology at the foundation, marking an attempt to incorporate ecosystem development, funding mechanisms, community collaboration, and technological promotion into a more unified strategic perspective.
From education and governance to now coordinating construction and ecological growth, Bill's new role is not only a promotion but also reflects how the Web3 Foundation is rethinking its position in the decentralized ecosystem.
In the latest episode of Space Monkeys, Bill shared how the foundation views the future of Polkadot—along with the shared fate of Kusama, JAM, and the entire Web3 world.
1. Although a large amount of resources has been invested in Polkadot, this is not the entirety of the mission. 2. The new strategy of the Web3 Foundation: unify the ecological narrative and reconstruct connections. 3. Launching the Polkadot Agents program.
Check here for the Chinese version of the first part released by PolkaWorld 《Web3 基金会重大调整:Bill Laboon 出任生态副总裁,统一战略布局,并推出 Polkadot Agents 计划!》#Polkadot
In July, Polkadot processed a total of 24,327,571 transactions, averaging about 784,112 transactions per day, an increase of +9.1% compared to June's 22.3 million transactions.
The top ten parachains by transaction volume (with changes compared to June in parentheses):
🔹 Frequency – 8,334,457 (🔻 Decrease of 2.0%) 🔹 Phala – 4,479,176 (🔼 Increase of 3.2%) 🔹 Mythos – 4,164,355 (🔼 Surge of 42.2%) 🔹 Moonbeam – 3,758,395 (🔼 Increase of 11.2%) 🔹 Unique – 717,651 (🔼 Increase of 11.3%) 🔹 Neuroweb – 680,872 (🔻 Decrease of 6.3%) 🔹 Peaq – 547,310 (🔼 First time entering the top ten) 🔹 Polkadot – 287,220 (🔼 Increase of 34.8%) 🔹 Robonomics – 263,664 (🔻 Decrease of 1.5%) 🔹 Hydration – 200,690 (🔼 Increase of 16.9%)
July Highlights:
Mythos surged, showing strong momentum. Moonbeam warmed up again, continuously attracting users. Peaq officially entered the scene, making it into the top ten. Although Frequency remains in first place, its growth rate has slightly slowed down. #Polkadot @Polkadot Network
Major Adjustments at the Web3 Foundation: Bill Laboon Appointed Vice President of Ecology, Unifying Strategic Layout, and Launching the Polkadot Agents Program!
In the Polkadot ecosystem, the Web3 Foundation is often misunderstood as the 'official management body', but it has always adhered to a more fundamental role: to serve, coordinate, and promote the implementation of the Web3 concept. As the ecosystem continues to evolve, the organizational structure of the foundation is also constantly adjusting. Recently, Bill Laboon was appointed as the Vice President of Ecology at the foundation, marking that the foundation is trying to integrate ecological development, funding mechanisms, community collaboration, and technical promotion into a more unified strategic perspective. From education and governance to now coordinating construction and ecological growth, Bill's new role is not just a position upgrade, but reflects how the Web3 Foundation is rethinking its position in a decentralized ecosystem. In this episode of Space Monkeys, we will start from Bill himself to discuss how the foundation views the future of Polkadot - as well as the shared destiny of Kusama, JAM, and the entire Web3 world.
📬 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!