Polkadot Parachain Updates: Astar, Parallel, and Clover


Technical Updates

  • Astar successfully launched the mainnet and enabled EVM on January 17th
  • At present, two Ethereum two-way bridges Multichain(AnySwap) and Celer cBridge have been launched.
  • Astar dApp Staking mechanism was officially launched and reached $470 million TVL.
  • ArthSwap, a one-stop DeFi platform in the Astar ecosystem, was launched and reached a TVL of $50 million.
  • The Cosmos two-way bridge supporting blockchains such as Terra, Cronos, Osmosis, Oasis, etc. will be launched soon.
  • Astar will connect all mainstream L1 public chains by the fourth quarter of this year.

Ecosystem Updates


Technical Update

  • Parallel Crowdloan rewards have been distributed on January 31, 2022


Technical Updates

  • Cross-chain transfer between mainnet and parachain has been enabled
  • Parachain EVM function and account bonding have been enabled
  • Clover wallet already supports Clover EVM interaction
  • The development of Clover EVM has been completed and is expected to be launched in early March
  • CLV node staking is enabled, the on-chain staking accounts for more than 50% of the total circulation, and the total staked CLV exceeds 136M




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