Interlay & Kintsugi Announcements
560 subscribers
53 photos
1 video
4 files
505 links
Official Interlay announcements channel on Telegram. Follow for latest updates on Interlay and Kintsugi
Download Telegram
🚨REMINDER🚨

Our Twitter space The Future of Bitcoin is Radical starts in about 1 hour, at 3 pm EST | 7 pm UTC

RSVP and get alerted when it starts here
https://twitter.com/i/spaces/1vOGwyrXgQMxB?s=20

We’ll be talking with:
Troy Cross,
professor of philosophy
Margot Paez, climate change physicist
Nate Harmon, oceanographer, co-founder of OceanBit Energy
Alexei Zamyatin, co-founder and CEO of Interlay

Topics include: Bitcoin as a vehicle for change, mainstream misconceptions about Bitcoin and crypto, Tornado Cash and the regulation of open source code, and more.

We’ll have time at the end for some questions!

See you there
🚀
The Future of Bitcoin is Radical - Starting now!

Evening all! We’re back again today with another Twitter space! So thought I’d ensure everyone’s is in attendance👀

https://twitter.com/i/spaces/1vOGwyrXgQMxB?s=20

We’ll be talking with:

Troy Cross, professor of philosophy

Margot Paez, climate change physicist

Nate Harmon, oceanographer, co-founder of OceanBit Energy

Alexei Zamyatin co-founder and CEO of Interlay

See you there 🚀
We’re aware of the issue concerning the aUSD depeg, the iBTC / aUSD pool included.

Interlay is following Acala's investigation into this issue and also looking to see if and in what manner iBTC and user's funds are affected.

So far iBTC and Interlay seem unaffected, but we are looking into the state of the assets that were locked in the pool.

Interlay will post an update on this when we know more. Thank you for your continued support!

https://twitter.com/interlayhq/status/1558720043906629632?s=21&t=G5QUK0QkVFUcXIYMWHPdmQ
Latest update on the aUSD issue

As far as our current investigation shows, the Interlay parachain is NOT directly affected

What we know so far 👇

The issue occurred on Acala, around the time the iBTC/aUSD pool went live (13 August, 22:41 UTC).
The current suspicion is that the incentives pallet was paying too many aUSD rewards, allowing the attacker to "mint" 1.2 billion aUSD.
Full history:
https://acala.subscan.io/account/26JmEcghNmggvT46sojckg34Py9zFRKkCcFy3gr49hrFgT2k


The main risk is/was that the attacker might buy iBTC and try to exit the system by redeeming for BTC - which would make it difficult for Acala to rollback / restore.
So far we could not confirm that any accounts associated with the attack tried to redeem iBTC.
Specifically, the attacker account itself has not been observed to do any XCM transfers.

There may be others - this is being investigated.

We are, together with our community (see Discord, vault-lounge chat: discord.gg/Db4aFGCsJz) doing on-chain data analysis to track transactions and see if any of the "damage" swept over to Interlay.

We will continue sharing updates as things develop

https://twitter.com/InterlayHQ/status/1558770194570326017
👍1
Off-chain Vote
You can vote with any INTR on Interlay and other parachains. No INTR will be locked. No vINTR needed. This vote is a POLL and does not trigger any immediate actions on the parachain.

The Beamswap team would like to open an iBTC pool - the question at hand: which asset does the Interlay community want iBTC to be paired with? multiUSDC, GLMR, multiBUSD, DOT, INTR.. or something else

Vote here:
https://voting.opensquare.io/space/interlay/proposal/QmRnD1yeP3PgVqDRUWpv7HPxTmD93WD66PfhD5xWbbdwAG

Vote ends August 23rd 12:00 UTC
👍1
🗳VOTE🗳

Public proposal #19 from StellaSwap is open for voting

This proposal will send INTR tokens from treasury to the StellaSwap designated address to be used for the iBTC/GLMR pool on StellaSwap (Moonbeam)

Vote now ⬇️
https://interlay.subsquare.io/democracy/referendum/18
💫Welcome to another exciting week in the Interlay and Kinstugi Galaxy 🌌🚀
---
🏛Governance

Proposals open for voting:

🗳Proposal #19: Send INTR tokens from the treasury to StellaSwap for the iBTC/GLMR pool

This proposal will send INTR tokens from treasury to the StellaSwap designated address to be used for the iBTC/GLMR pool on StellaSwap (Moonbeam)

Vote now ⬇️
https://interlay.subsquare.io/democracy/referendum/18

🗳Proposal #17: Register LDOT as a foreign asset on Interlay

This proposal is to register $LDOT as an asset on Interlay as a first step towards considering it as a vault collateral and to facilitate other developments on Karura and Interlay side.

Vote now ⬇️
https://interlay.subsquare.io/democracy/referendum/17

both proposals are fairly split down the middle, so your vote is important in deciding the future of Interlay
---
🔊Events

Twitter Space:
🌱The Future of Bitcoin is Sustainable🌱
🗓 Thursday, 8/25 at 5 pm UTC

Speakers:
Alana Mediavilla, filmmaker and director of the upcoming documentary Dirty Coin (https://www.dirtycointhemovie.com/), which aims to uncover the truth about Bitcoin’s impact on the environment
Margot Paez, Climate Change Physicist and Bitcoin Policy Institute Fellow (an excellent article she wrote: https://bit.ly/3T4hcnX)
Alexei Zamyatin, co-founder and CEO of Interlay and Kintsugi, Comp Sci PhD

RSVP for a reminder: ⬇️
https://twitter.com/i/spaces/1yoKMWPbVQOJQ
---
🛸🐵 Content:

Dominik Harz, Co-Founder and CTO of Interlay and Kintsugi was on the Kusamarian, a part of Wag Media, for a fun interview where he chats with Jay about everything from new projects in the Dotsama ecosystem, to what was learned from Kintsugi to make the launch of iBTC so strong. You don’t want to miss it!

Watch it: ⬇️
https://www.youtube.com/watch?v=xBKVRY-KaVM

That’s all for now folks!

Stay tuned, our biggest Ecosystem Update ever is dropping tomorrow 👀
🌱STARTING IN 40 MINUTES🌱

Twitter Space:
🍃The Future of Bitcoin is Sustainable🍃

Speakers:
- Alana Mediavilla, Filmmaker and Director of the upcoming film: Dirty Coin (learn more: https://www.dirtycointhemovie.com/)

- Margot Paez, Climate Change Physicist and Bitcoin Policy Institute Fellow (learn more about BPI: https://www.btcpolicy.org/)

- Justin Orkney, Electric Utility Professional and Advisory Board for the Satoshi Action Fund (learn more about SAF: https://www.satoshiaction.io/)

LINK TO JOIN ⬇️
https://twitter.com/i/spaces/1yoKMWPbVQOJQ?s=20
🗣DISCUSSION🗣

DeFi: 2022 H2 Community Update🎙

Now that iBTC has launched, the next step is to initiate integrations with Polkadot parachains. As a decentralized network, we need your input on which DeFi integrations to explore. Your voice matters - this discussion is integral to deciding how Interlay and iBTC move forward bringing Bitcoin to DeFi 🚀

Let's talk DeFi ☕️Join the discussion ⬇️
https://interlay.subsquare.io/post/10
👍1
Happy Monday!

This is the last Monday in August… how did that happen so fast?

Probably because we’ve been super busy.

What have we been so busy with?

Check out our biggest and most important Ecosystem update yet to find out ⬇️
https://medium.com/interlay/ecosystem-update-5-19-august-2022-a4064c8ca2d5

We cover:

🚀The successful launch of iBTC
🗞Press coverage of the launch on Coindesk, CryptoSlate, and Cointelegraph (this isn’t even a humble brag, it’s just a brag)
🎯Why iBTC is vital for the entire Crypto Industry
🤓Our peer reviews and audits
🛡How we’re going to slide into your DMs if you express interest in operating a vault on the Interlay network
⚖️News on which XCM channels are now open and which are open for governance voting now
👥Info on our two new team members (spoiler alert: they're both awesome)
+ And wayyyy more

I think the kids these days are calling it alpha

Overall, August was full of the best kind of chaos.

As always, we appreciate every member of this community and are excited to have you along for the ride.

There is so much more to come, frens
👍3🔥2
REMINDER: 🏖 Choose Your Own Adventure: #DeFi Pools Edition 🏊🏼‍♀️

A governance poll has opened for voting: Which token pairs you would like to see with iBTC pools on
@CurveFinance and @Beamswapio?

Voting ends TOMORROW! 🗳🏃🏽

What are you waiting for? VOTE⬇️
https://bit.ly/3Rf0zEk
👍1
🗳VOTE: Should we launch an incentivized Beamswap Pool?🗳

Voting is open for the next 7 days on Referenda #20: Use Treasury To Incentivize iBTC/multiUSDC pool on Beamswap (Moonbeam)

Read the proposal + VOTE ⬇️
https://interlay.subsquare.io/democracy/referendum/20
Governance reminder, we have 2 referenda ongoing:

- Vote on Interlay treasury providing INTR incentives for a multiUSDC/iBTC pool on Beamswap: https://interlay.subsquare.io/democracy/referendum/20
Status: Passing (very close) - this one looks contentious. More votes requested!

- Consensus approval to use Interlay treasury funding for the launch of the new Innovator program (relaunch of the ambassador program): https://interlay.subsquare.io/democracy/referendum/21
Status: Clearly Passing

Both proposals require more participation from the community!
Happy Tuesday, it's a beautiful day to vote on some Governance Proposals 🗳️

Interlay:

Choose Your Own Adventure: Parallel LP Edition 🧭

Which asset(s) do you want iBTC and INTR to be paired with?
1️⃣iBTC/sDOT
2️⃣iBTC/DOT
3️⃣INTR/sDOT
4️⃣INTR/DOT
5️⃣INTR/PARA
6️⃣Write in a suggestion 👀

Participate in the poll now ⬇️
https://bit.ly/3DjMW31

Kintsugi:

🗳Governance Vote 1 of 2: Kintsugi 🤝 Statemint

Vote on the proposal to open an XCM channel with Statemine, a common good parachain of Kusama, so more assets can be used as collateral types for vaults in the future

Details and Voting ⬇️
https://kintsugi.subsquare.io/democracy/referendum/60
🚨⚠️Telegram Safety Announcement⚠️🚨

Quick notice for all those part of the Interlay & Kintsugi communities on Telegram.

As you may be aware, being part of this space means you’ve got to be extra vigilant and extra cautious👀

We’ve received reports of people impersonating the Interlay & Kintsugi Telegram groups.

Please note, Interlay team members will never send you links to “connect your wallet” ever.

To view the only official Telegram, please find the link via our website: https://interlay.io

If you’re ever in doubt of something, don’t hesitate to contact the team via Discord, thank you & stay safe!🙏
InterlayHQ 🤝 arthswap

With the Interlay - Astar XCM channel underway, it's time to kick open the door and bring some iBTC liquidity to AstarNetwork 🚀

Which asset do you want to see iBTC paired with?
1️⃣iBTC/WETH
2️⃣iBTC/DOT
3️⃣iBTC/celUSDC

Vote below👇
https://voting.opensquare.io/space/interlay/proposal/Qma36WQwvawki48YEoz8N9PFGVNG7jvnjHn1DM3u5PGm6M
👍1
Hi Interlay and Kintsugi community! There’s a lot of important Governance this week, so here’s a master post so you don’t miss anything 🗳🧑🏽‍⚖️

Interlay

Off-Chain Poll: 🚨Ending in 3 hours🚨 iBTC pool on Arthswap DEX (Astar) - Which token pairs?

🔗https://voting.opensquare.io/space/interlay/proposal/Qma36WQwvawki48YEoz8N9PFGVNG7jvnjHn1DM3u5PGm6M

Proposal: Open XCM Channel with Astar - Part 2/2 - HRMP Accept

This proposal is for accepting the Astar to Interlay part of the XCM channel and finalizing the XCM connection.

🔗https://interlay.subsquare.io/democracy/proposal/24
Kintsugi

Proposal: Open XCM Channel with Shiden - Part 2/2 - HRMP Accept

This proposal is for accepting the Shiden to Kintsugi part of the XCM channel and finalising the XCM connection.

🔗https://kintsugi.subsquare.io/democracy/proposal/63

Discussion: Expanding Kintsugi Collators

Up to this point, Kintsugi collators have been centralized to allow the team to focus on delivering kBTC Vaults. We're proposing to fully decentralize the system by allowing anyone to become a collator

🔗https://kintsugi.subsquare.io/post/12

Moonwell Governance Discussion:

• Moonwell is an open lending & borrowing DeFi protocol on Moonbeam and Moonriver. We’d love to hear community feedback on this forum post

iBTC x Moonwell: A Path to Truly Decentralized Bitcoin Lending

🔗https://forum.moonwell.fi/t/ibtc-x-moonwell-a-path-to-truly-decentralized-bitcoin-lending/221
🚨REMINDER: TOMORROW🚨
DeFi Integration Discussion

Join us Wednesday 21st, 6pm CET for an open discussion on Interlay's DeFi Integrations

This event will be live on Discord on the Community Call Stage.

See you there!

➡️ https://discord.gg/2ENsvCae
🚨Reminder: CIS Community Call / AMA🚨

The Russian language AMA with Interlay CEO Alexei Zamyatin starts in less than an hour at 11 am EDT/5 pm GMT

Jump in our Discord to tune in⬇️
https://discord.com/events/745259537707040778/1022197291953700945
👍1