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

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

🗳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

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

For those who want to learn how IBTC works and how it differs from centralized bridges - in 2mins.

https://twitter.com/alexeiZamyatin/status/1571239117802840066

🚨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

Hint: tracking Interlay TVL on DeFiLlama
You can track Interlay TVL on the DeFillama "protocols" view:
https://defillama.com/protocol/interlay

(The "chains" view does not display iBTC due to their policy to not show "bridges". You can still see it in the "protocol" view).

A thread on the future of bridges:

https://mobile.twitter.com/alexeiZamyatin/status/1574865042075533312

Thread: Cosmos vs Polkadot - 6month roadmaps.

https://twitter.com/alexeiZamyatin/status/1575606460775473152?s=20&t=REM1fpz2SfGhXr1XjHIZMQ

If you find these useful & would like more - re-share appreciated!

🔔WEEKLY UPDATE: 10.10.22🔔

It’s a new week - breathe in the fresh air, stretch your hip flexors, and grab your coffee, it’s a busy one ☕️
---

We have two live events this week, both on Wednesday - we’d love to see you there!

🦢 Beamswap AMA: Wednesday, October 12, 11:00 AM UTC

Join our host, Jay from Beamswap, and our Product Manager Alex for a live AMA about Interlay, Beamswap, and DeFi.
🔗 Twitter Space Link

🎙 Community Call: Wednesday, October 12 4:00 PM UTC

You don’t want to miss our second Community Call! We’ll be talking about evolving Bitcoin into the future of DeFi on other chains including DOT, Cosmos, and Ethereum on the Community Stage. I bet you have Thought™️, our community call is time to jump on stage and share them with us! If you’re shy, don’t worry, jump into the Call Chat channel to ask questions or add thoughts.
🔗 Discord Event Link
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📸👠 Press, press, press, press

Interlay was featured in Hackernoon! https://hackernoon.com/the-future-of-defi-for-bitcoin

Our story is currently #7 in the top 10 read articles ( okurrr!) - let’s move that up!
🔗 Please read and share
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🗞 Ecosystem Update

What’s been going on with the Interlay Team? Tea has been served with our latest Ecosystem Update.

Read about what we’ve been working on, what’s next in the roadmap, and where we’re going to be in October - November (spoiler: a LOT of places)
🔗 Read the Ecosystem Update here

If you've made it this far, thank you! We hope to see you this week at our events or on Telegram and Discord. There will be some Big News™️ in the coming weeks, so pay extra attention to our communications channels if you feel so inclined 👀

🚨IMPORTANT INFORMATION FOR KINTSUGI VAULTS🚨

Upgrade to runtime v1.19.0: Referenda #64 Passed

Link: https://kintsugi.subsquare.io/democracy/referendum/64

What you need to know:
1️⃣ Vaults can now self-redeem (burn kBTC for unlocking collateral) without sending BTC
2️⃣ Includes all relevant changes to support polkadot-v0.9.26
3️⃣ The current vault client is not compatible with the new runtime, and will stop functioning after the upgrade

What you need to do:
🚨 Prepare to upgrade your vault at block number 1672783, which should go live around 8 pm UTC today, October 13th, 2022, in about 1.5 hours

📍We will post another announcement in this channel today when it’s time to upgrade the clients

🚨IMPORTANT INFORMATION FOR KINTSUGI VAULTS🚨

Upgrade to runtime v1.19.0 is now live!

⏰ It's time to upgrade your vault to runtime v1.19.0 ⏰

The current vault client is not compatible with the new runtime, and will stop functioning after the upgrade. It's important to upgrade ASAP.

Referendum Details: https://kintsugi.subsquare.io/democracy/referendum/64

Interlay Runtime Upgrade - v1.19.0 - Change to voting period

The runtime upgrade v1.19.0 that was due to go live Wednesday with a 4-hour fast track has been been altered due to the request of the community.

Changes Made👇
1️⃣ We have changed this from a 4-Hour fast track voting window to a 7-Day referendum
2️⃣ Voting is now open: https://interlay.subsquare.io/democracy/referendum/26

Voting ends at block: 1451665

When to upgrade your Vaults?
When the proposal is enacted [ETA 7 Days] only then should you upgrade to the latest client release found here: https://github.com/interlay/interbtc-clients/releases/tag/1.17.4

Ahead of our Parallel pool launch next week (whaat, alpha leak):
https://twitter.com/illu_te/status/1583439731966496768?s=46&t=KaP4qAnlu-86leu4Y6-twA

Let's make iBTC win that poll ;)