New features and integrations, what’s happening in governance and events, and much more.
New Features
Use Your Old Smartphone as a Hardware Wallet for Interlay
Using ParitySigner, a mobile app developed by Parity Technologies, the team building Polkadot, you can turn your smartphone into a hardware wallet. All you need is a smartphone you’re not using for anything else and about 30 minutes to 1 hour of your time.
Guide here: https://docs.interlay.io/#/guides/wallets-explorers?id=parity-signer
New Integrations
Karura’s Liquid KSM (LKSM) Integrated as New Bitcoin Vault Collateral for Kintsugi
Liquid KSM (LKSM) can now be used as collateral for Kintsugi Vaults. Bridge your Kusama to LKSM using the Karura DApp today. New to Kintsugi? Follow this guide to install the vault client and get started.
ETH/kBTC pool on Solarbeam
Solarbeam launched a new ETH/kBTC pool with double rewards in SOLAR and KINT!
Solarbeam is the native AMM of Moonriver Network and MoonbeamNetwork.
kBTC Pool on Bifrost
The kBTC liquidity pool with BifrostFinance is now live! Users can stake their assets in a three-party KSM-kBTC pool via the ZenlinkPro DEX, bringing more DeFi utility to Bitcoin in the Kusama Network ecosystem!
Governance
Discussion Post: Recommendations for Kintsugi’s DeFi Hub Launch
Interlay is becoming a one-stop-shop for all things Bitcoin DeFi, launching a DEX and lending protocol. This discussion post proposes that the DEX and lending protocols first launch on Kintsugi, Feb/March 2023. The proposal also outlines the suggested DEX pools and lending markets for launch, as well as possible DEX incentives, to be covered by the Kintsugi treasury, are also outlined for community review. We would love to hear from you!
https://kintsugi.subsquare.io/post/15
Interlay Labs Grants Program Trial
The governance proposal on the allocation funds for the Interlay Grants Program was approved and we have already successfully onboarded a team to build an Analytics Dashboard for the upcoming lending and AMM features on Interlay and Kintsugi.
https://interlay.subsquare.io/democracy/proposal/43
Events
Polkadot Hackathon Global Series: Europe Edition
Interlay is participating in the Polkadot Hackathon by offering prizes for two challenges:
- To build a lending liquidation bot
- Build an arbitrage/trading Bot that can capture profits by observing on and off-chain data and execute actions
https://www.polkadotglobalseries.com/
Trading Competition on Kintsugi Testnet
Registrations are open for the trading competition on Kintsugi Testnet, which will take place between February 8th and 21st.
Join to win a total of more than $6000 in prizes.
More here: https://competition.interlay.io/
Security Audit
Our team at Interlay does everything it can to make our products safe and reliable. That’s why we started a code audit with SR Labs that will be completed ahead of DeFi Hub launch on Interlay. This is the 5th security audit of Interlay’s code base. Code security audits are essential to make sure there are no issues with the product before it’s released. You can see previous audits here: https://docs.interlay.io/#/about/audits
We’re Searching for a New Role!
Do you want to build the future of Bitcoin with us? Now is the time!
Community Lead
https://apply.workable.com/interlay/j/2A252ACB64/
About Interlay
Interlay is building a one-stop-shop for all things Bitcoin finance. BTC trading, lending, staking, and a way to deploy into other DeFi products. Trustless bridge at the core, AMM and money market on top, wrapped in a simple one-click interface with on/off-ramps and multi-chain support.
Follow both Interlay and Kintsugi on Twitter, join our Telegram, and hop in our Discord to keep up to date with daily updates from the team.
