Polkamarkets #8 Monthly Recap

Published on: 05.10.2021
Polkamarkets #8 Monthly Recap

Polkamarkets introduced Monthly Recap #8 for September 2021 about prediction market protocol launch in a live environment.

Without further ado, here’s a summary of what they accomplished in the latest month:

Polkamarkets deployed live on Moonriver on the last day of September, fulfilling its roadmap achievement as promised. Now the community can use the protocol on Moonriver and be part of the future of forecasting in a 100% decentralized protocol.

This partnership plays a critical role in Polkamarket’s roadmap towards its Moonriver mainnet release. Meter.io is an infrastructure for connecting smart contracts on different blockchains while helping them to scale their resources. Polkamarkets and Meter will work together to offer a fast and secure bridge from Ethereum to Moonriver for the POLK token.

In order for users to use their POLK on the protocol, they will have to bridge their ERC-20 POLK tokens on Ethereum over to Moonriver using Meter.

A lot of things are in the pipeline, and in October they will be focusing on the following:

  • A new landing page will soon be launched with all the protocol metrics, TVL, and much more.
  • An extended support/FAQ page with all of the community’s questions regarding the prediction markets protocol.
  • Protocol rewards initiatives are also being worked on and will launch once stable to ensure that protocol users receive $POLK by using the Protocol.
  • Gather feedback from the mainnet launch.

About Polkamarkets

Polkamarkets is an Autonomous Prediction Market Protocol built for cross-chain information exchange and trading where users take positions on outcomes of real-world events–in a decentralized and interoperable platform based on Polkadot.

📰  INFO

https://polkamarkets.medium.com/polkamarkets-8-monthly-recap-september-2021-37311c24a3ec

Market Stats:
BTC Dominance: 56.88%(+0.12%/24h)
ETH Dominance: 11.86%(-0.15%/24h)
Defi Market Cap: $107.98B(-13.77%/24h)
Total Market Cap: $3277.35B(-0.84%/24h)
Total Trading Volume 24h: $128.3B(-14.67%/24h)
ETH Market Cap: $388.83B
Defi to ETH Ratio: 27.77%
Defi Dominance: 3.16%
Altcoin Market Cap: $1413.24B
Altcoin Volume 24h: $75.45B
Total Cryptocurrencies: 33285
Active Cryptocurrencies: 10606
Active Market Pairs: 96989
Active Exchanges: 779
Total Exchanges: 9871
BTC: 94121.52$(-0.14%/1H)
ETH: 3227.71$(-0.23%/1H)
AVAX: 36.34$(-0.33%/1H)
BNB: 694.36$(-0.13%/1H)
MATIC: 0.45$(-0.39%/1H)
FTM: 0.7$(1%/1H)
ADA: 0.92$(-0.04%/1H)
DOT: 6.63$(-0.16%/1H)
UNI: 13.52$(0.01%/1H)
CAKE: 2.32$(-0.03%/1H)
SUSHI: 1.44$(-0.45%/1H)
ONE: 0.02$(-0.76%/1H)