🚨 DeFi Hub Incentives Proposal 🚨
Last week the community was asked for their opinion on several potential improvements that were suggested for the INTR tokenomics. Based on the results of the latest poll (https://interlay.subsquare.io/posts/35), A suggestion is to start a proposal with those action items that have received the most support/least resistance and follow up with additional, separate proposals to vote on the more controversial items. The action items that seem to be supported by everyone would be to remove the 2% inflation of INTR token and deposit 12.5m INTR token into HydraDX’s Omnipool.
However, in order to vote on such a proposal we have to wait for the Hydra community to vote in favor of adding INTR to the omnipool. A discussion post (https://hydradx.subsquare.io/posts/119) has already been created an we received very positive feedback so far.
Another not very controversial and more pressing proposal would certainly be the renewal of the DeFi hub incentives, which ran out this week and we are already witnessing massive outflows of capital. Therefore, the following proposal will suggest to renew the rewards as described in the discussion post for another three month and redirect the residual amount to staking.
The proposal is now live & will become a referendum to be voted on monday onwards.
🔗 https://interlay.subsquare.io/democracy/proposals/83
Let your thoughts, feedback & support be known. Thank you.
Last week the community was asked for their opinion on several potential improvements that were suggested for the INTR tokenomics. Based on the results of the latest poll (https://interlay.subsquare.io/posts/35), A suggestion is to start a proposal with those action items that have received the most support/least resistance and follow up with additional, separate proposals to vote on the more controversial items. The action items that seem to be supported by everyone would be to remove the 2% inflation of INTR token and deposit 12.5m INTR token into HydraDX’s Omnipool.
However, in order to vote on such a proposal we have to wait for the Hydra community to vote in favor of adding INTR to the omnipool. A discussion post (https://hydradx.subsquare.io/posts/119) has already been created an we received very positive feedback so far.
Another not very controversial and more pressing proposal would certainly be the renewal of the DeFi hub incentives, which ran out this week and we are already witnessing massive outflows of capital. Therefore, the following proposal will suggest to renew the rewards as described in the discussion post for another three month and redirect the residual amount to staking.
The proposal is now live & will become a referendum to be voted on monday onwards.
🔗 https://interlay.subsquare.io/democracy/proposals/83
Let your thoughts, feedback & support be known. Thank you.
interlay.subsquare.io
Poll: Next Steps for INTR Tokenomics
Based on the discussion [Next Steps for INTR Tokenomics](htt...
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🗳 Weekly Governance Roundup 🗳
Attention community members,
Important governance matters are up for community voting!
Interlay Referendum #79
This proposal aims to add vDOT (@BifrostFinance DOT LST) to the Interlay lend market, preparing for the following use cases:
Enable vDOT as collateral in the lending market.
Add & Activate vDOT lending market.
Vote here - https://interlay.subsquare.io/democracy/referenda/79
Interlay Referendum #80
This proposal aims to renew the rewards as described in the discussion post #35 for another three month and redirect the residual amount to staking.
For more info & to vote, click here - https://interlay.subsquare.io/democracy/referenda/80
Update: Interlay Referendum #78
Last week's proposal which batches the HMRP accept from Polkadex to Interlay and requests to open a HMRP channel from Interlay to Polkadex has been passed by the Interlay community.
The changes form the referendum will be enacted accordingly.
Participate in governance & contribute to the Bitcoin revolution now!
Your vote counts.
https://x.com/InterlayHQ/status/1713876190375682371?s=20
Attention community members,
Important governance matters are up for community voting!
Interlay Referendum #79
This proposal aims to add vDOT (@BifrostFinance DOT LST) to the Interlay lend market, preparing for the following use cases:
Enable vDOT as collateral in the lending market.
Add & Activate vDOT lending market.
Vote here - https://interlay.subsquare.io/democracy/referenda/79
Interlay Referendum #80
This proposal aims to renew the rewards as described in the discussion post #35 for another three month and redirect the residual amount to staking.
For more info & to vote, click here - https://interlay.subsquare.io/democracy/referenda/80
Update: Interlay Referendum #78
Last week's proposal which batches the HMRP accept from Polkadex to Interlay and requests to open a HMRP channel from Interlay to Polkadex has been passed by the Interlay community.
The changes form the referendum will be enacted accordingly.
Participate in governance & contribute to the Bitcoin revolution now!
Your vote counts.
https://x.com/InterlayHQ/status/1713876190375682371?s=20
interlay.subsquare.io
Adding vDOT into Interlay Lend Market
# About us
[Bifrost](https://bifrost.finance/) is a dedicat...
[Bifrost](https://bifrost.finance/) is a dedicat...
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🧡 BOB Testnet Alpha is LIVE 🧡
GM! The First BOB Alpha on Testnet is now LIVE!
Check out this thread to know more - https://x.com/build_on_bob/status/1717166696908062969?s=20
Join us for the First BOB X space in 30 mins! https://twitter.com/i/spaces/1BRJjPbVaQdKw?s=20
GM! The First BOB Alpha on Testnet is now LIVE!
Check out this thread to know more - https://x.com/build_on_bob/status/1717166696908062969?s=20
Join us for the First BOB X space in 30 mins! https://twitter.com/i/spaces/1BRJjPbVaQdKw?s=20
🔥CoinGecko Feature🔥
Thrilled to announce that INTR, KINT, iBTC & kBTC are now featured under different categories on CoinGecko!
Most notably INTR/KINT are listed under:
- Bridge governance token : https://www.coingecko.com/en/categories/bridge-governance-tokens
- Polkadot Ecosystem : https://www.coingecko.com/en/categories/dot-ecosystem
- DEX tokens : https://www.coingecko.com/en/categories/decentralized-exchange
- L1 tokens : https://www.coingecko.com/en/categories/layer-1
Also kBTC and iBTC are now featured under wrapped tokens quite prominently.
Thrilled to announce that INTR, KINT, iBTC & kBTC are now featured under different categories on CoinGecko!
Most notably INTR/KINT are listed under:
- Bridge governance token : https://www.coingecko.com/en/categories/bridge-governance-tokens
- Polkadot Ecosystem : https://www.coingecko.com/en/categories/dot-ecosystem
- DEX tokens : https://www.coingecko.com/en/categories/decentralized-exchange
- L1 tokens : https://www.coingecko.com/en/categories/layer-1
Also kBTC and iBTC are now featured under wrapped tokens quite prominently.
CoinGecko
Top Bridge Governance Tokens Coins by Market Cap | CoinGecko
Discover top Bridge Governance Tokens coins and view today’s prices, market cap, 24h volume, charts, and more info.
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✨ October Ecosystem Update ✨
The October Ecosystem Update is here!
Check out all the new integrations, events & updates from the month of October at Interlay
https://medium.com/interlay/october-ecosystem-update-76ce7d0dcf5b
The October Ecosystem Update is here!
Check out all the new integrations, events & updates from the month of October at Interlay
https://medium.com/interlay/october-ecosystem-update-76ce7d0dcf5b
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Sneak peak of BOB super powers
https://twitter.com/alexeiZamyatin/status/1719128952843755520?t=huXQqlL4NOyrsKcqpH-4mQ&s=19
https://twitter.com/alexeiZamyatin/status/1719128952843755520?t=huXQqlL4NOyrsKcqpH-4mQ&s=19
☎️ Interlay x Polkadex X space in 1 hour! ☎️
⛓ The Polkadot XCM channels between
Interlay and the Polkadex parachain are open and functional!
Join us for a celebratory X space in 2 hours 👇
https://twitter.com/i/spaces/1OwxWYRDbADGQ
⛓ The Polkadot XCM channels between
Interlay and the Polkadex parachain are open and functional!
Join us for a celebratory X space in 2 hours 👇
https://twitter.com/i/spaces/1OwxWYRDbADGQ
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🗳 Weekly Governance Roundup 🗳️
Attention community members,
Here's the Weekly Governance roundup!
Interlay Referendum #84
The proposal suggests to charge a 1% swap fee for the swap service on the Interlay DeFi Hub which will all go directly to the liquidity providers. For more details https://interlay.subsquare.io/democracy/referenda/84
Interlay Proposal #88
This proposal aims to create a vDOT-INTR Pair, allowing users to set vDOT as a Fee Token. The proposal will become a votable referenda next week. For more details https://interlay.subsquare.io/democracy/proposals/88
Update : Referendum #83
The proposal to change vault reward structure was passed & the changes will be enacted shortly.
Attention community members,
Here's the Weekly Governance roundup!
Interlay Referendum #84
The proposal suggests to charge a 1% swap fee for the swap service on the Interlay DeFi Hub which will all go directly to the liquidity providers. For more details https://interlay.subsquare.io/democracy/referenda/84
Interlay Proposal #88
This proposal aims to create a vDOT-INTR Pair, allowing users to set vDOT as a Fee Token. The proposal will become a votable referenda next week. For more details https://interlay.subsquare.io/democracy/proposals/88
Update : Referendum #83
The proposal to change vault reward structure was passed & the changes will be enacted shortly.
🚨iBTC on Polkadex now live🚨
You can now trade iBTC on another DEX with the iBTC/USDT pair now live on Polkadex.
🔗 https://orderbook.polkadex.trade/trading/IBTCUSDT
Read more about the iBTC listing here 👉🏻 https://t.co/jATRhrJp7U
Bitcoin DeFi 🚀
You can now trade iBTC on another DEX with the iBTC/USDT pair now live on Polkadex.
🔗 https://orderbook.polkadex.trade/trading/IBTCUSDT
Read more about the iBTC listing here 👉🏻 https://t.co/jATRhrJp7U
Bitcoin DeFi 🚀
Bitcoin DeFi and bridges mega thread
https://twitter.com/alexeiZamyatin/status/1722387101558141220
https://twitter.com/alexeiZamyatin/status/1722387101558141220
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🗳Weekly Governance Roundup 🗳
Attention community members,
Here's the Weekly Governance roundup!
Interlay Referendum #85
This proposal aims to create a vDOT-INTR Pair, allowing users to set vDOT as a Fee Token.
For more details https://interlay.subsquare.io/democracy/referenda/85
Interlay Referendum #86
This proposal is in regards to the Subsquare maintenance request for a period of 02.2023 to 12.2023.
Find more details here https://interlay.subsquare.io/democracy/proposals/89
Update : Referendum #84
The proposal to set trading fees on the DEX was passed & the changes will be enacted shortly.
Find more details here https://interlay.subsquare.io/democracy/referenda/84
Participate in governance & contribute to the Bitcoin revolution now!
Your vote counts.
Attention community members,
Here's the Weekly Governance roundup!
Interlay Referendum #85
This proposal aims to create a vDOT-INTR Pair, allowing users to set vDOT as a Fee Token.
For more details https://interlay.subsquare.io/democracy/referenda/85
Interlay Referendum #86
This proposal is in regards to the Subsquare maintenance request for a period of 02.2023 to 12.2023.
Find more details here https://interlay.subsquare.io/democracy/proposals/89
Update : Referendum #84
The proposal to set trading fees on the DEX was passed & the changes will be enacted shortly.
Find more details here https://interlay.subsquare.io/democracy/referenda/84
Participate in governance & contribute to the Bitcoin revolution now!
Your vote counts.
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Sharing some experience of real world crypto adoption from Argentina. Lots to learn and lots to improve - a big opportunity for BOB and Interlay to improve the status quo and help people adopt digital assets
https://vxtwitter.com/alexeiZamyatin/status/1724140325013188903?t=vHAXxQMVHkqmnT1dVXD6Jg
https://vxtwitter.com/alexeiZamyatin/status/1724140325013188903?t=vHAXxQMVHkqmnT1dVXD6Jg
vxTwitter / fixvx
Alexei Zamyatin (@alexeiZamyatin)
I bought some Pesos in Argentina 🇦🇷 via a P2P exchange using USDT on Tron.
Here's my experience 👇👇👇
First of all, why go P2P?
Because the official USD-ARS exchange rate is 2.5-3x worse than the "blue dollar" rate. I actually tried: I withdrew 30€ from…
Here's my experience 👇👇👇
First of all, why go P2P?
Because the official USD-ARS exchange rate is 2.5-3x worse than the "blue dollar" rate. I actually tried: I withdrew 30€ from…
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🚨Coinmarketcap Feature🚨
Last month INTR, KINT & iBTC, kBTC got featured under different categories on CoinGecko!
We are pleased to announce that now they are now featured on Coinmarketcap also.
Layer 1 tokens: https://coinmarketcap.com/view/layer-1/
Polkadot ecosystem : https://coinmarketcap.com/view/polkadot-ecosystem/
Also kBTC and iBTC are now featured under wrapped tokens.
Last month INTR, KINT & iBTC, kBTC got featured under different categories on CoinGecko!
We are pleased to announce that now they are now featured on Coinmarketcap also.
Layer 1 tokens: https://coinmarketcap.com/view/layer-1/
Polkadot ecosystem : https://coinmarketcap.com/view/polkadot-ecosystem/
Also kBTC and iBTC are now featured under wrapped tokens.
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⚙️ Kusama XCM issue ⚙️
The failed XCM transactions reported are caused by a runtime upgrade to Kusama on Parity’s side. (https://x.com/xiliangchen/status/1722546332370702383?s=46)
In order to fix it on our side we fast tracked a fix via https://kintsugi.subsquare.io/democracy/referenda/130
Currently we are waiting for Parity to provide a full list of failed transactions or at least a reliable method to find all failed txs in order to ensure all stuck funds are restored.
If you think you are affected by this bug, and haven’t yet reported it, please post a subscan link to the failed transaction in the official chat and we will investigate it.
An update will be provided as & when there is one. Thank you for your patience 🙏
The failed XCM transactions reported are caused by a runtime upgrade to Kusama on Parity’s side. (https://x.com/xiliangchen/status/1722546332370702383?s=46)
In order to fix it on our side we fast tracked a fix via https://kintsugi.subsquare.io/democracy/referenda/130
Currently we are waiting for Parity to provide a full list of failed transactions or at least a reliable method to find all failed txs in order to ensure all stuck funds are restored.
If you think you are affected by this bug, and haven’t yet reported it, please post a subscan link to the failed transaction in the official chat and we will investigate it.
An update will be provided as & when there is one. Thank you for your patience 🙏
kintsugi.subsquare.io
Fix failed XCM transfers
We briefly had the wrong XCM version set on Kusama which cau...
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Talking BitVM for bridges with Robin Linus and Super Testnet on the Ordinals show
https://x.com/i/spaces/1YqKDgYMqlvxV
https://x.com/i/spaces/1YqKDgYMqlvxV
📢 X space : Talking BOB with BTC Startup Labs 📢
Join us for an exciting space as we discuss BOB & talk about new updates with our partners BTC startup labs.
When : 28th Nov, Tuesday, 7.30 pm CET
Link : https://x.com/btcstartuplab/status/1728135602187706589?s=20
Join us for an exciting space as we discuss BOB & talk about new updates with our partners BTC startup labs.
When : 28th Nov, Tuesday, 7.30 pm CET
Link : https://x.com/btcstartuplab/status/1728135602187706589?s=20
X (formerly Twitter)
₿itcoin Startup Lab (@btcstartuplab) on X
Discussing BOB with Interlay - Spaces
Tuesday: 10:30a PT
Featuring special guest @nikki_sunset from @InterlayHQ @build_on_bob
https://t.co/EGLX0lGK2V
Tuesday: 10:30a PT
Featuring special guest @nikki_sunset from @InterlayHQ @build_on_bob
https://t.co/EGLX0lGK2V
🚨 Beware of Ongoing Airdrop Scam 🚨
There is an ongoing airdrop related scam where fake groups which are not affiliated with the Interlay team are using the project's name to lure members to click on potentially dangerous links.
PLEASE NOTE THAT THERE IS NO ONGOING AIRDROP & INTERLAY TEAM WILL NEVER ASK YOU TO LINK YOUR WALLET TO ANY CONTRACT FOR FREE TOKENS.
If you find yourself in such a fake group, report it & leave! Stay safu!
There is an ongoing airdrop related scam where fake groups which are not affiliated with the Interlay team are using the project's name to lure members to click on potentially dangerous links.
PLEASE NOTE THAT THERE IS NO ONGOING AIRDROP & INTERLAY TEAM WILL NEVER ASK YOU TO LINK YOUR WALLET TO ANY CONTRACT FOR FREE TOKENS.
If you find yourself in such a fake group, report it & leave! Stay safu!
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✨November Ecosystem Update✨
The November Ecosystem Update is here!
Check out all the new integrations, events & updates from the month of November at Interlay 👇
https://medium.com/interlay/november-ecosystem-update-21ab168b9eb4
The November Ecosystem Update is here!
Check out all the new integrations, events & updates from the month of November at Interlay 👇
https://medium.com/interlay/november-ecosystem-update-21ab168b9eb4
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🚨Feedback Required : Improving Vault and Bridge Security Parameters🚨
A discussion post which aims to improve the bridge’s and vault’s economic security has been proposed.
Your feedback is required before it’s turned into a proposal & then a votable referenda.
We request everyone to go through the proposal & discuss any feedback, suggestion or changes you’d like to make to certain action points. Please engage directly on the post for better visibility.
For any clarifications, questions, feel free to engage in the community channel.
Check it out now 👇
https://interlay.subsquare.io/posts/37
A discussion post which aims to improve the bridge’s and vault’s economic security has been proposed.
Your feedback is required before it’s turned into a proposal & then a votable referenda.
We request everyone to go through the proposal & discuss any feedback, suggestion or changes you’d like to make to certain action points. Please engage directly on the post for better visibility.
For any clarifications, questions, feel free to engage in the community channel.
Check it out now 👇
https://interlay.subsquare.io/posts/37
interlay.subsquare.io
Improving Vault and Bridge Security Parameters
# Summary
- This proposal aims to improve the bridge’s and v...
- This proposal aims to improve the bridge’s and v...