Polkadot Digest 1 May 2024

Polkadot News

The Web3 Summit 3.0 is taking place in Berlin from August 19-21 https://twitter.com/Web3summit/status/1763162673540161783

Velocity Labs is putting up a 590k DOT bounty for DeFi infra and tooling Applications now open! DeFi and Infrastructure Polkadot Bounty | by Velocity Labs | Apr, 2024 | Medium

Be sure to check out the Polkadot Roundup for a variety of news from the ecosystem https://twitter.com/Polkadot/status/1785375364904091871

Referendum 694, proposing to “unstuck” the bridge between Kusama and Polkadot, is passing Polkadot Bridge Hub 1.2.2 upgrade: Unstuck bridge with Kusama | Polkassembly

The staking rate on Polkadot continues to increase (+0.11%) and is now at 53.26%. Polkadot Staking Dashboard | Polkadot Staking (DOT)

Kusama News

The first three cores have been sold on Kusama for an average price of 23.4 KSM https://twitter.com/lastic_xyz/status/1785616707811205457

Referendum 382, proposing to test out a multi-stage payout from the Treasury, is currently passing with almost 100% in favor, and is in now in the deciding phase. Kusama Asset Hub Treasury - Multi-stage payout proposal | Polkassembly

The staking rate on Kusama is now at 51.69%. Polkadot Staking Dashboard | Polkadot Staking (DOT)