Polkadot (DOT) saw several major updates and developments in July. Let’s take a look at the latest insights into OpenGov activities, developer engagement, and discussions in the Polkadot ecosystem.
These metrics and data will help us gauge the growth and development of the Polkadot ecosystem.
OpenGov Activities
The number of OpenGov referenda reached an all-time high in July of this year, which shows why Polkadot is considered the world’s largest decentralized autonomous organization (DAO). OpenGov is Polkadot’s governance mechanism and allows all DOT holders to participate in governance and have their opinions considered on-chain. DOT holders can stake their tokens and participate in governance on the Polkadot network.
In July, there were 1,134 voters and 118 referendums, 65 of which were approved and 29 were rejected. Of the 118 referendums, 22 were timed out and 2 were cancelled.
GitHub Activity
Polkdot has also seen significant activity on GigHub. The total number of repositories in the Polkadot ecosystem is now 29,917. Weekly commits have increased by nearly 1,000 commits and are now over 5,500 weekly commits. Weekly commits help measure the intensity and pace of development occurring within the Polkadot ecosystem and are a good indicator of ecosystem activity. Meanwhile, weekly developers have remained consistent at 900 weekly developers through July.
Forum Activity and Stack Exchange
The Polkadot forum is where all discussions about the Polkadot ecosystem take place. Developers and community members can participate, exchange ideas, and work on questions and suggestions. July saw a significant increase in several key metrics related to forum activity. First, the forum had 161 new participants, 89 new topics, and 676 new posts. The forum also had 300,000 page views, 5,800 user visits, and 1,500 likes.
Stack Exchange also saw notable activity in July, with a total of 63 questions asked, 39 answered, and 23 left unanswered.
New product
Agile Core Time
Let’s start with Agile Coretime. Kusama’s cores were completely sold out, with one address buying 51 cores at a time. While core prices dropped significantly in August, there were still significant coretime sales in July, with 62 cores sold to 7 unique addresses.
Polkadot mobile app
In partnership with Raise, the teams at Parity and Novasama are also developing a new product, the Polkadot mobile app. Parity CEO Bjorn Wagner teased the app at Polkadot Decoded last month, and it will be available to select users via the Google Play Store and Apple App Store in September 2024. The full launch of the app is slated for September 2024. The Polkadot app will provide a seamless onboarding experience for users, while also providing a hands-on experience for new users and more hands-on utility for existing DOT holders.
Some of the new features in the upcoming Polkadot app are:
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Seamless onboarding
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Put money in your wallet
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Staking
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Actual shopping
New API
In July, we introduced two new APIs for Polkadot: XCMFee Payment Runtime API and XCMDryRunApi. The XCMFee Payment Runtime API simplifies the XCM fee payment process by eliminating the guesswork of how much to pay for an execution, contributing to increased XCM efficiency. Meanwhile, the XCMDryRunApi improves overall DevEx by:
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Execution results
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Local XCM
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XCM delivered
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Event List
Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.