🚨 KINTSUGI UPDATE 🚨

The Kusama community is showing massive support to recover the Kintsugi parachain

With over 1.16 million KSM in the vote, we’re about 65% of the way there!

If you hold KSM and haven't voted yet, please do it now 👉 https://kusama.polkassembly.io/referenda/8

🎉KINTSUGI UPDATE The proposal to recover Kintsugi has passed🎉

Thank you for the support!!!

What now?

The proposal will be enacted in 3 hours and then…

Kintsugi is coming back live! 🚀🚀

💪We’ll keep you posted as things progress 💪

🎉 Kintsugi Returns! We are back online! 🎉

Kintsugi is officially back online & live and we're back to bringing #Bitcoin DeFi to Kusama!

Once again, we'd like to extend a huge thank you to the entirety of the Kusama & Polkadot communities for the support!

A detailed post-mortem will be following this shortly

🔗To Tweet
https://twitter.com/kintsugi_btc/status/1600120574650392576?s=20&t=TH40eVhPFxoJpmTgkm7R6Q

🏗️Kintsugi XCM Update 🏗️

As some of you may be aware, due to the recent outage you may have experienced delays in XCM messaging.

The team is happy to say that we've checked through all XCM messages and that they should have been processed correctly 👏

When block production halted, several XCM transfers were made to Kintsugi. We've inspected the historic Relay Chain State, as well as subscan to find the following transactions:
- https://kintsugi.subscan.io/xcm_message/kusama-b5f92ac1130ac70effa4193ae7c4d7ce8259e749
- https://kintsugi.subscan.io/xcm_message/kusama-bc5d93db24f5501e3f23460ae7871ea166a4718f
- https://kintsugi.subscan.io/xcm_message/kusama-f4b730ae7f824971afe16d5c60148e394e59e6c9

We have confirmed that when block production resumed, these messages were processed:
-https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fapi-kusama.interlay.io%2Fparachain#/explorer/query/0x7252f09f6fe88e2853720337effae26c5bb80aa6d2366a4f67a00697ea8e747f

Similarly, some xcm transfers were queued on Kintsugi collators while block production was halted, e.g.
- https://kintsugi.stg.subscan.io/xcm_message/kusama-acab17050d3b0263b57851cc0804abf5850fffcf
- https://kintsugi.stg.subscan.io/xcm_message/kusama-b195ddc73e415b228c711bfa0b0b5159fed4316f
- https://kintsugi.stg.subscan.io/xcm_message/kusama-a6bee90b78e3f3a04fff8286a106f1a20f895b6c
- https://kintsugi.stg.subscan.io/xcm_message/kusama-3f5d426dcf796302e4b88cd2f202c3f3c38aac1e

We verified that these were processed correctly as well:
- https://parallel-heiko.stg.subscan.io/block/2499177?tab=event

We're happy to reassure you that no funds were lost by XCM transfers made whilst block production was halted🎉

Governance Proposal: Incentivize kBTC/KSM pool on Zenlink @Verified Member

A proposal is up to use treasury funds to incentivize the kBTC/KSM pool on Zenlink (Bifrost).

Decide if you want to second it here ⬇️
https://kintsugi.subsquare.io/democracy/proposal/80

🏛️ Use Treasury Funds To Incentivise kBTC/KSM pool on Zenlink (Bifrost) 🏛️

Bifrost has submitted a proposal in regards to using treasury funds to incentivise a kBTC / KSM pool on the Bifrost chain on Zenlink!

Voting is now live & ends at block: 2030400

🔗To Referendum
https://kintsugi.subsquare.io/democracy/proposal/80

📢 DECEMBER ECOSYSTEM UPDATE 📢

Want to know what we've been up to? Then check out our latest ecosystem update with news about:

- The new roadmap
- Lending live on testnet
- The Kintsugi OpenGov adventure
- Grants program
- Interlay Founding Fellow of Polkadot Alliance
- A lot of other updates

https://interlay.medium.com/december-ecosystem-update-e309d559b425

STARTING IN 45 MINUTES:
Twitter Space with Sovryn and RSK 🗣

🚨THE REVOLUTION WILL NOT BE CENTRALIZED🚨

See you there ⬇️

https://twitter.com/InterlayHQ/status/1603076345747193860

🚨Twitter Space Starting Now🚨

Join the Interlay Twitter Space to hear from our co-founder and CEO Alexei Zamyatin about what we've been building to make 2023 the year of trustless Bitcoin DeFi!

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

Today at 3pm CET (in one hour), hear Interlay CEO Alexei Zamyatin share updates in the Polkadot Community Call along with other innovative projects in the Dotsama ecosystem👇
https://twitter.com/Polkadot/status/1603724595030360064?s=20&t=Ub31EiXGLGMGDKd_vAmJxQ

https://twitter.com/alexeiZamyatin/status/1604471002162872320?t=sSNzc0CrPo2f-OFLiXA9gQ&s=19

Pls vote & RT

Minor Vault Client Fix

Vault clients occasionally got hung up on waiting for a task to finish. This has been fixed in the latest client release.

Kintsugi Vaults please upgrade to 1.18.1 at your convenience: https://github.com/interlay/interbtc-clients/releases/tag/1.18.1

Interlay Vaults please upgrade to 1.17.6 at your convenience: https://github.com/interlay/interbtc-clients/releases/tag/1.17.6

This is a non-breaking release, you don't have to upgrade.

Runtime Upgrades

The new year is here & Interlay is diving head first into action with two runtime upgrades! These are currently an ongoing referenda & we're asking you to help vote! 🗳

Interlay: Fix Statemint channel and fix governance schedule to table on Monday morning
🔗https://interlay.subsquare.io/democracy/referendum/39
Referenda ends at block: 1949265 - Roughly 6 days from now

BREAKING CHANGE!
The Interlay runtime upgrade is a breaking release, so when the referenda is enacted [And only then] please update your clients with the release linked below ⬇️⬇️
🔗https://github.com/interlay/interbtc-clients/releases/tag/1.18.1

Kintsugi: Fix governance schedule to table on Monday morning and table two proposals
🔗https://kintsugi.subsquare.io/democracy/referendum/79
Referenda ends at block: 2180682 - Roughly 1day 22hours from now

Since I have seen a few people asking about this recently:

Explanation of why we decided to launch Kintsugi and have a canary network (article from 2021):
https://medium.com/interlay/the-interlay-parachain-is-coming-to-polkadot-552a57ff8d1b

Kintsugi has exceeded all expectations in terms of value add. No bugs on Interlay, all issues caught on Kintsugi (even those that we could not catch on testnet). And with lending and AMM rolling out in a few weeks, Kintsugi will see a lot of radical action and chaos

HydraDX community voted on adding USD 250k worth of #iBTC liquidity to their Omnipool.

We are working with their team to find the best way to get BTC into Hydra.

Their goal is to explore expanding iBTC liquidity over time using DCA.
https://twitter.com/alexeiZamyatin/status/1615368885162721283

Karura’s Liquid KSM (LKSM) Integrated as New Bitcoin Vault Collateral for Kintsugi

https://twitter.com/kintsugi_btc/status/1616101038414786560?s=20&t=J-E6s4tt5xSvPTMUg8cU8g

Interlay Governance: Allocation of Funds for Interlay Labs Grants Program Trial

https://twitter.com/InterlayHQ/status/1617904311744315393?s=20&t=zlA8W1gqAjP4dC731HH5gA

Discussion Post: Recommendations for Kintsugi's DeFi-Hub Launch

We’d like to know what you think about these recommendations for the DeFi Hub on Kintsugi!

Share your thought here :point_right: https://kintsugi.subsquare.io/post/15

🗳Two new governance proposals are up!🗳

Don’t forget to vote!

- Kintsugi: SubQuery Managed Service Solution
Vote here 👉https://kintsugi.subsquare.io/treasury/proposal/14

- Interlay: Subsquare Maintenance Proposal for Interlay
Vote here 👉 https://interlay.subsquare.io/treasury/proposal/1

Reminder: BTC DeFi Hub launch on Kintsugi - your opinion counts!
Discussion post about the specifics of the BTC DeFi hub launch on Kintsugi are up for discussion:

https://kintsugi.subsquare.io/post/15

Don't miss your chance to engage / ask questions / propose changes!

🗳Kintsugi Governance Proposal: SubQuery Managed Service Solution🗳

This proposal is only open for a few more hours, please vote now!

The proposal is about covering the running costs of SubQuery, an essential tool for processing and querying data on Kintsugi.

https://kintsugi.subsquare.io/democracy/referendum/86