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 ☕️
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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 ;)

Interlays Future - The Road Ahead

Less than 10 minutes to go until we jump right into our live community call featuring Co-Founders: Alexei & Dom

We'll be making an Internal announcement to our community at 6pm CET about the next phase of true Bitcoin #DeFi

Psst, brace yourselves for the biggest Alpha drop you'll hear this year👀

Join us in the Community Call stage in 10 minutes
https://discord.com/events/745259537707040778/1033071673596973158

Hi Interlay Community!

We've been a bit quiet since we've been busy building, but here is a Monday update for you.

Check out this talk from Interlay co-founder and CEO Alexei Zamyatin from the 2022 We Summit in Lisbon, Portugal:

https://twitter.com/InterlayHQ/status/1594765065487585288

Subwallet has released an analytics DApp, dotinsights. They're currently creating a map of the favorite projects in the Dotsama ecosystem. All voters from now until November 30th will receive a one-of-a-kind NFT for voting, so go vote for your favorite (obviously Interlay and Kintsugi):

https://dotinsights.subwallet.app/

We have some big updates coming soon, so stay tuned 📺

🛡Recommended Adjustment to Vault Reward Schedule on Kintsugi and Interlay🛡

A new discussion post has been uploaded recommending to make adjustments to Vault Block Reward Schedules

A Call For Discussion💬
This is quite the important proposal, so we welcome you all to read through this and share your thoughts with us for whether you're pro/contra & why this is the case!.

We request that that the community discuss and that a proposal is up for voting no later than the 28th November🗓️ on both Kintsugi & Interlay

Link to Discussion Below⬇️
https://interlay.subsquare.io/post/12

🗳️Governance Vote 2 of 2: Interlay 🤝 Statemint [Resubmission]

Vote on the proposal to finalise the opening of an XCM channel with Statemint, a common good parachain of Polkadot, so more assets can be used as collateral types for vaults in the future [mainly USDT!]

The referendum has been fast tracked and can be voted on in the next 3 hours

The referendum has been fast-tracked as the community has voted on this before and we only need to re-execute as last time it failed due to a referendum failing also on parity/Statemint side.

Voting ends at block: 1631352

🔗To Referendum ⬇️
https://interlay.subsquare.io/democracy/referendum/32

Polkadot Community - Featuring Interlay:Interlay

Whats that? A last minute addition⁉️ Join us in 5 minutes as our Co Founder & CEO of Interlay - Alexei, goes live on the much awaited Polkadot Community Call!

We'll be discussing our most recent announcement⬇️

🌟'Interlay 2.0 - From bridge to BTC DeFi Hub'🌟

🕓 Starting in 5 minutes at 4pm CET

Check out the tweet below to join!⬇️
https://twitter.com/InterlayHQ/status/1595788748955975680?s=20&t=sc-5DYqpeUPV1M96ARmazQ

Governance Proposals: Threshold Reduction & Vault Reward Schedule

Ongoing Vault Reward Adjustment Schedule [OG Proposals]

1️⃣ Adjustment to Vault Reward Schedule on Kintsugi
https://kintsugi.subsquare.io/democracy/referendum/72

2️⃣ Adjustment to Vault Reward Schedule on Interlay
https://interlay.subsquare.io/democracy/referendum/33

Please Note: The collateral thresholds are voted on separately, therefore we have submitted additional proposals for this change on both Kintsugi & Interlay and they have just now been upgraded by fast-track committee to referendums which are linked below,

Follow-up referendum's
We're asking you to cast your vote on the following 'follow up' referendums,

1️⃣ Follow Up to Proposal #75 - threshold reduction
https://kintsugi.subsquare.io/democracy/referendum/71

2️⃣ Follow Up to Proposal #35 - threshold reduction
https://interlay.subsquare.io/democracy/referendum/34

Voting is now live for all FOUR referendum's!

NOTE: The collateral thresholds are voted on separately

Call To Vote - Threshold reduction & reward schedule

Interlay 2.0 is underway & we've got four important referenda's currently underway which need your vote!

In the spirit of decentralisation, we want you to choose and have your say

1️⃣ Adjustment to Vault Reward Schedule on Kintsugi
https://kintsugi.subsquare.io/democracy/referendum/72

2️⃣ Adjustment to Vault Reward Schedule on Interlay
https://interlay.subsquare.io/democracy/referendum/33

3️⃣ Follow Up to Proposal #75 - threshold reduction
https://kintsugi.subsquare.io/democracy/referendum/71

4️⃣ Follow Up to Proposal #35 - threshold reduction
https://interlay.subsquare.io/democracy/referendum/34