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      Polkadot(DOT) IR Report (2021)

      https://s1.coincarp.com/logo/1/polkadot100.png?style=36&v=1661586222's logo Polkadot(DOT)
      $6.86
      1.33%
      Other

      Timeline Type

      ANNUAL

      Date of Announcement

      2021-12-31

      Report Type

      PERIODIC_REPORT

      Key Information

      On December 31st, 2021, Polkadot announced its annual report for 2021. Some of the major achievements covered in the report include:

      Launches

      • In 2021, Polkadot held parachain auction six times, and completed in launching first five parachains.
      • The projects which competed to win the auction raised funds through Crowdloan, and parachain auction was held by the method called Slot Auction.
      • The winner of the parachain auction is shown below.
        • Acala(ACA)
        • Moonbeam(GLMR)
        • Astar(ASTR)
        • Parallel(PARA)
        • Clover(CLV)
        • Efinity(EFI)
      • The new metadata format signalled a huge change for so many developers in the ecosystem minimizing development friction and reducing the chance of bugs.

      Technology

      • The new metadata format signalled a huge change for so many developers in the ecosystem minimizing development friction and reducing the chance of bugs.
      • Another major delivery in Polkadot which happened this year was version 2 of XCM, Polkadot\u2019s message format making it easy for different consensus systems to interact.
      • FRAME, the API and framework which allows for easily-composable modules of on-chain business logic, was also upgraded across the board so now all pallets (modules) **utilize the much cleaner and more idiomatic procedural macro.
      • Smoldot, an alternative implementation of Substrate/Polkadot node, has also been progressing in the background.
      Approval:82% Votes:130
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