Polkadot Weekly Report | Grayscale submits Polkadot ETF S-1 filing! Gavin to livestream his latest thoughts on DOT economic reforms

Polkadot

Breaking! Grayscale submits Polkadot ETF S-1 filing!

On August 29, Grayscale has submitted the S-1 filing for a Polkadot spot ETF to the US SEC — this step is usually seen as a key milestone before approval for listing (similar to the process for Bitcoin and Ethereum ETFs).

An alternative beyond EVM chains! Parity announces:

• Smart contract platform to launch on Kusama in October
• Smart contract platform to launch on Polkadot in December

Simultaneous support for EVM (compatible with Ethereum applications) + PVM (Polkadot native innovation) dual engines!

Current progress in the EVM direction:

• Revm integration → Solidity contracts can run with zero modification, Hardhat/Foundry available. Target to complete the initial version in early September → comprehensive testing.
• Gas/fee model → Integrating Ethereum Gas and Polkadot weight mapping, to be delivered in early September.
• Ethereum block storage → pallet-revive implemented, under testing, supports Merkle proofs.
• DOT precision upgrade → 18 decimal places, compatible with ETH tool ecosystem, completed.

Learn more in PolkaWorld's latest article

Latest news! Paraguay is tokenizing the Assuncion Innovation Valley (AIV) through the Polkadot ecosystem, with the project located in the capital Asuncion, and a total value of about $6 million.

The project is being tokenized and developed by Paradata and managed through the white-label platform Better Use Blockchain (BuB) running on Moonbeam on Polkadot.

The Innovation Valley will include hotels, convention centers, universities, and data centers. Starting from the third year, profit distribution will be automated through smart contracts. With Polkadot + Moonbeam, the project will have cross-chain interoperability, scalable transactions, shared security, and on-chain governance capabilities.

The project will officially launch in Q3 2025 and will connect to global payment gateways and KYC systems.

This marks an important step for Paraguay in combining tokenized equity with the real economy through Polkadot.

The Polkadot 2.0 Launch Party event previously proposed by Alice und Bob has now officially been upgraded to the Polkadot Builder Party! This is a six-week online hackathon themed "Radically Open, Radically Useful," with a total prize pool of $30k! Developers are welcome to build applications based on Polkadot 2.0, parachains, and related technologies.

• Hackathon start date: October 6, 2025
• Submission deadline: November 17, 2025

Learn more:

The exact launch time for Polkadot 2.0 is here! Referendum #1721 is currently being voted on, which will enable RFC103 functionality in the relay chain's runtime. If the vote passes, the relay chain's Elastic Scaling feature will be officially completed and launched on September 8 (Monday, around 8:00 UTC, at block #27677196)!

Polkadot will migrate the Assets Hub on November 4! This means your DOT will be migrated from the relay chain to the Assets Hub! Will our DOT be lost? Here is an FAQ for you to check!

Do users need to take any action? No, the migration is automatic.

• DOT name/symbol: unchanged
• After migration, does the wallet still need to display the relay chain? No, users will only see their DOT holdings.
• Exchanges: After migration, withdraw DOT from the Assets Hub
• Parachain DOT: Also migrates automatically
• Addresses: Most remain unchanged, regular users do not need to take any action
• Will users who don't check their wallets for months lose funds? The migration process will not cause any loss of funds. Even if you don't check your wallet for a long time, your funds will not be lost.
• Security: Final verification has been done, funds will not be lost

In short, the migration is seamless for users, and both funds and experience will not be affected.

Check the full FAQ here:

If DOT migrates from the relay chain to the Assets Hub, what will happen to your DOT Staking?

• All proxy relationships will migrate to the Asset Hub
• Nominator validation must be done on the Asset Hub
• Rewards will also be distributed on the Asset Hub and must be claimed there
• Within 30 days after migration, Parity will claim rewards on behalf of users to avoid missing out
• This migration will not interrupt reward distribution, but the UI may briefly display anomalies.
• After migration, users do not need to manually restake! Parity will use an "atomic migration" method to transfer these assets cross-chain to the Asset Hub

Finally, an important piece of information: the Fast-Unstake feature will be discontinued!

Fast-unstake is a mechanism introduced to Polkadot staking in 2022, allowing bonded users who have not participated in nomination/validation for the past 28 days to unlock quickly, without waiting another 28 days. Due to the high computational overhead, this feature cannot be implemented on parachains (i.e., the Asset Hub), so it will not be migrated to the Assets Hub!

Check all staking-related Q&A here:

Polkadot launches the Horizon initiative: making development and usage easier! The Horizon initiative is jointly launched by Distractive, PaperMoon, Parity, and the Web3 Foundation, aiming to make Polkadot more user-friendly and beneficial, so that both developers and regular users can directly benefit. Core goals:

• Simplify user onboarding experience
• Update and unify development documentation, Wiki, and support resources
• Clean up outdated websites and unify to polkadot.com
• Provide more comprehensive tools, tutorials, and performance tracking dashboards

Goals for the second half of 2025

• Brand new polkadot.com homepage
• Merge smart contract documentation into a single "source of truth"
• Launch a unified support site
• Implement biweekly website updates to accelerate iteration
• Add more performance dashboards and community sentiment tracking

Horizon is a long-term, iterative, community-driven improvement plan focused on lowering the barrier to entry, improving the developer experience, and unifying ecosystem resources. Parity is improving the developer experience from multiple angles and looks forward to more positive feedback!

Chainspect data: On August 28, the ecosystem processed over 793,000 transactions in a single day — a new 30-day high! As parachains continue to drive real-world applications, the Polkadot ecosystem is consistently proving the power of shared security and scalability! Data source:

Currently, the DOT proposal with the highest support is Hard Pressure! W3F recommends introducing four security policies on this basis! Web3 Foundation researcher Jonas points out: Security is not free; it relies on the staking of validators and nominators. Simply cutting inflation → attack costs plummet, making the network more vulnerable.

In the worst-case scenario:

• Current attack cost = 14.71 million DOT
• Under Hard Pressure = 8.18 million DOT

Jonas's recommendations:

• Mandatory minimum commission + validator self-staking
• Adjust staking rewards/treasury issuance ratio
• Remove nominator slashing and unbonding period to reduce risk
• Decreasing issuance curve + total supply cap, with dynamic adjustment via burning

Conclusion: Low inflation + high security are not contradictory, as long as there are supporting mechanisms.

The focus of this discussion should not just be "how much DOT to issue," but how to maintain Polkadot's economic resilience and security while reducing inflation.

In addition, on September 2 (Tuesday) at 13:30 UTC, Gavin Wood will livestream to share his latest thoughts on Polkadot's economic reforms! Main topics include:

• DOT inflation cap and tiered mechanism
• Treasury responsibility and sustainability
• Polkadot's future economic model

Everyone is welcome to tune in and participate in this important discussion on Polkadot's economic reforms!

Bali crypto community gathering! On September 4, come to Nusa Dua to join the community mixer hosted by Polkadot Blockchain Academy:

🍹 Cocktails & beach party vibes

🤝 Network with PBA students, mentors & the Bali crypto community

💡 Discover innovative local projects

Don't miss this night of connection and collaboration! Registration link:

Ecosystem Projects

peaq is testing Polkadot's Elastic Scaling and Asynchronous Backing to handle massive traffic. With just one click, you can add a new Core and instantly boost TPS!

And this is just the beginning: higher TPS + faster block production is on the way!

200%+ annualized returns, about 800,000 DOT in incentives! Don't miss the Hyperbridge & Bifrost incentive campaign! Learn more in PolkaWorld's latest livestream:

Currently, vDOT staking has surpassed 20 million!

Mythos Foundation releases core data! Did you know? In every Mythical Game, players' in-game purchases (90% paid in fiat) are automatically converted to $MYTH in the background!

Players only see stable in-game currency, without needing to interact with crypto or experience volatility risk. In fact, most people don't even realize they've completed an on-chain transaction.

From the chart shared by the Mythical Game CEO:

• Green inflow = $MYTH purchases driven by player in-game purchases
• Red outflow = player sell-offs when cashing out

We can see that the vast majority of players stay within the ecosystem, forming a positive cycle. This mechanism has already been applied to the new game FIFA Rivals and will be extended to the upcoming Pudgy Party. Millions of Web2 players will seamlessly enter Web3, with ecosystem value continuing to accumulate!

Pudgy Party is now available on the Apple App Store and Google Play! According to official news, it surpassed 100,000 installs within just a few hours of launch! Join the party with your friends, pick your outfit, and wobble your way to the finish line! Download now 👉

New feature on Subscan! You can now view real-time XCM message flows across parachains on the network homepage.

• No need to switch between multiple tools, cross-chain asset transfers and message flows are clear at a glance
• Supports display of asset transfers, cross-chain interactions, complex protocol calls, and various XCM activities
• Automatically counts the source and destination chains with the most traffic, visually presenting ecosystem activity

Value for different roles

• Developers: Efficient tool for debugging and monitoring cross-chain applications
• Users & researchers: Important window for tracking capital flows and ecosystem network effects

This makes Polkadot's interoperability advantages even more intuitive: not only can you transfer across chains, but you can also understand the "pulse" of flows in real time. Explore cross-chain flows now:

The Web3 Foundation recently announced funding for the Lollipop project! Lollipop allows Solana dApps to natively run on Polkadot without modification, no cross-chain bridge required, and no liquidity fragmentation issues. Learn what Lollipop is in PolkaWorld's latest video!

Frequency is a communication-focused parachain in the Polkadot ecosystem, with core goals of privacy, control, and freedom. Its advantages:

• Connects to the Polkadot relay chain → shared security and scalability, no need to reinvent the wheel
• Native interoperability → seamless communication with other chains, supports cross-chain social applications
• Low cost & high efficiency → low transaction fees, anti-spam, truly usable and robust

Frequency is laying the foundation for the next generation of decentralized social media!

Over 110,000 smartphones have joined Acurast — turning everyday devices into a decentralized, privacy-preserving computing network. These phones have already completed:

→ 35,000+ computation tasks

→ 360 million+ transactions processed

And all without relying on centralized servers. Let your phone become a computing node too: