Interlay & Kintsugi Announcements
664 subscribers
53 photos
1 video
4 files
501 links
Official Interlay announcements channel on Telegram. Follow for latest updates on Interlay and Kintsugi
Download Telegram
https://x.com/i/spaces/1lDxLPEQRqMxm

Join us now to talk about Bitcoin rollups!
๐Ÿ‘1
โœจ2024 : The year of Bitcoin Innovation โœจ

New year greetings to all of you!

As we enter 2024, we want to thank each & every community member for being a part of our Bitcoin mission. We are working on big things for Bitcoin whilst staying true to our core values.

We look forward to your support in the new year as well. ๐Ÿ—๏ธ

You can read the final 2023 ecosystem update for the month of December here: https://medium.com/interlay/december-ecosystem-update-546e268622d2
๐Ÿ‘5๐Ÿ”ฅ4
๐Ÿงก Announcing OptiMine ๐Ÿงก

The team is excited to announce the new merged mining protocol OptiMine (short for Optimistically Sequenced Merged Mining) that allows the re-use of Bitcoinโ€™s Proof-of-Work to secure other networks, including sidechains and (ETH) rollups while retaining fast Block times and high TPS.

It is the first step towards our ultimate goal to achieve Bitcoin security for Bitcoin assets (BTC, Ordinals, BRC20) and Ethereum security for Ethereum assets (ETH, stablecoins, ERC20s) on L2s, thus uniting the strengths of both ecosystems.

With the upcoming 2024 Bitcoin Halving, OptiMine will play a significant role in shaping security solutions for projects in the ecosystem.

Spread the word!
๐Ÿ”— https://x.com/build_on_bob/status/1752728536018718846?s=20
๐Ÿ”— https://gobob.xyz/optimine (Technical Paper)
๐Ÿ‘6
โœจ January Ecosystem Update โœจ

The January Ecosystem Update is here!

Check out all the new integrations, events & updates from the month of January in the Interlay ecosystem.

https://x.com/InterlayHQ/status/1754469148539646154?s=20
๐Ÿ‘1
โ› X space - Merged Mining โ›

Join us for a mining-packed session with our friends from the mining ecosystem as we discuss the potential of #Bitcoin POW for securing rollups & L2s in the backdrop of the OptiMine paper.

Co-founder Alexei will join mining industry leaders MarathonDH, ViaBTC & LuxorTechnology for a deep dive into all things merged mining.

Set your reminder
https://twitter.com/i/spaces/1RDGllOaOPmGL?s=20
๐Ÿšจ USDC on Interlay ๐Ÿšจ

Big Update โœจ

Following the passing of Referendum #94, native USDC is now available on:

โœ… DeFi Hub lending & borrowing market

โœ… Create a USDC/INTR pool to allow users to pay transaction fees on Interlay with USDC

โœ… Add USDC as collateral asset for vaults, operating the iBTC bridge

โœ…Add qUSDC (tokenized lending position of USDC) as collateral asset for vaults, operating the iBTC bridge
๐Ÿ”ฅ8๐Ÿ‘1
๐Ÿ“ž Interlay Community Call ๐Ÿ“ž

GM! It is a pleasure to invite you all for the Interlay Community Call!

Join me & Co-founder Alexei to discuss our progress, future plans & other important updates for the community in our Bitcoin mission!

Date - 7th March 2024
Time - 1 pm UTC
Where - https://discord.com/events/745259537707040778/1214179995124109322

See you there!
๐Ÿ”ฅ8
๐ŸŽ‰ Interlay X Invarch ๐ŸŽ‰

Interlay will support the $VARCH Airdrop by Invarch team. ๐Ÿช‚

Users who have used their $DOT and $vDOT on interlay can share in the 40m $VARCH airdrop share.

Learn more about the eligibility criteria in the blog posted by Invarch: https://invarch.medium.com/varch-airdrop-on-polkadot-bigger-better-febc73ab515d
๐Ÿ”ฅ3โค1
๐Ÿ—ณ๏ธ ADJUSTING USDT & USDC LENDING MARKET PARAMETERS: Vote Now ๐Ÿ—ณ๏ธ

A new proposal that aims to increase the market cap and liquidation threshold of USDT to match USDC on the Interlay Lending market is now live.

Supporting this proposal will enact the following:

- Increase the cap to $2M USDT.
- Increase the USDT liquidation threshold to 87% to match USDC.

Generally, this proposal will adjust the lending jump curve for both the USDT and USDC markets.

You can vote now!
๐Ÿ”— https://interlay.subsquare.io/democracy/referenda/96d
๐Ÿ‘1
๐Ÿ—ณ๏ธOPEN XCM CHANNEL WITH PHALA: Vote Now๐Ÿ—ณ๏ธ

A new proposal that aims to create a channel to transfer assets between Interlay and Phala has just gone live

Supporting this proposal will allow for more use cases for iBTC and could lead to $PHA being listed on the Interlay money market.

You can vote now!
๐Ÿ”— https://interlay.subsquare.io/democracy/referenda/98
๐Ÿ—ณ๏ธAdd BNC to Interlay DEX and Lending markets๐Ÿ—ณ๏ธ

A new proposal to add BNC to the Interlay lending market has just gone live

This proposal, If passed ,will enact the following:

โ€ข Add BNC to the Interlay DEX (as BNC-INTR pair)
โ€ข Create a money market for lending and borrowing BNC

You can vote now!
๐Ÿ”— https://interlay.subsquare.io/democracy/referenda/97
โœจ March Ecosystem Update โœจ

March was great and the Ecosystem Update is now live!

Check out all the new integrations, events & updates from the month of March in the Interlay ecosystem.๐Ÿ‘‡

https://x.com/interlayhq/status/1778020867999748568?s=46&t=QvXK1ZUsSpnM7y_MbK8T7g
๐Ÿ‘1
๐Ÿ—ณ๏ธWeekly Governance Roundup ๐Ÿ—ณ๏ธ

Attention community members,
Here's the Weekly Governance roundup!

Interlay Referendum #101

Subscan has been diligently providing operational and maintenance services for the Interlay network, and this proposal is to funding support from the Interlay Treasury to cover the operation and maintenance fees for the Subscan Explorer services provided for the Interlay network.

See more details here: https://interlay.subsquare.io/democracy/referenda/101

Kintsugi Referendum #141

This proposal is Subscan seeking funding support from the Interlay Treasury to cover the operation and maintenance fees for the Subscan Explorer services provided for the Kintsugui network.

See more details here:
https://kintsugi.subsquare.io/democracy/referenda/141

Discussion #263

This proposal seeks the Polkadot Treasury to support the Interlay community for more iBTC collateralization. The community proposes that the Polkadot Treasury support incentivizing 40 iBTC and proposes three methods to achieve this objective.

See more and vote here:
https://polkadot.subsquare.io/posts/263


Participate in governance & contribute to the Bitcoin revolution now!
Your vote counts. ๐Ÿ—ณ๏ธโœŠ
๐Ÿ—ณ๏ธ Increase vault collateral ceiling for VDOT and qDOT ๐Ÿ—ณ๏ธ

Attention community members,

Interlay Referendum #102 is live.

This proposal aims to increase the vDOT and qDOT vault limits.

More details here: https://interlay.subsquare.io/democracy/referenda/102

Participate in governance & contribute to the Bitcoin revolution now!
Your vote counts. ๐Ÿ—ณ๏ธโœŠ
๐Ÿ—ณ๏ธ Weekly Governance Roundup ๐Ÿ—ณ๏ธ

Attention community members,
Here's the Weekly Governance roundup!

Referandum #103

This proposal will allow INTR tokens to be used as incentives on StellaSwapโ€™s INTR-DOT pool for three months, with the possibility of renewal.

More details here: https://interlay.subsquare.io/democracy/referenda/103

Referendum #104

This proposal aims to open a channel to allow assets to be transferred between Interlay and Phala.

More details here: https://interlay.subsquare.io/democracy/referenda/104


Participate in governance & contribute to the Bitcoin revolution now!
Your vote counts. ๐Ÿ—ณ๏ธโœŠ
โค4๐Ÿ‘3