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Dune cooperates with Polkadot and Kusama top parachains to integrate enhanced services

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2024-03-20 17:00:33382browse

Dune cooperates with Polkadot and Kusama top parachains to integrate enhanced services

The integration provides the necessary provisions to bring all data from DOT, Kusama and their associated system chains and parachains into Dune’s powerful analysis tools.

Dune, a leading cryptographic data visualization platform, recently announced a partnership with Colorful Notion, an experienced indexer and data provider in the Polkadot (DOT) ecosystem. This collaboration will bring new opportunities to more easily access and understand data for Polkadot users, who can analyze blockchain data in detail through the Dune platform, including Kusama (KSM), often vividly described as DOT’s wild cousin. ). This cooperation will provide users with a richer data perspective and help them gain a deeper understanding of the operation and development of the Polkadot ecosystem.

This integration was achieved thanks to the Polkadot Open Governance Referendum #366 Fund passed in January 2024, which provided it with the necessary provisions to bring in complete data from DOT, Kusama and their related system chains and parachains Dune's powerful analysis tools.

This milestone becomes even more important as the demand for transparent and user-friendly data insights continues to increase in the crypto space. As a result, users can now access Polkadot and Kusama’s relay chains, as well as AssetHub for DOT, Astar, Bifrost, Hydradx, Interlay and Centrifuge parachains on the crypto data platform!

Colorful Notion’s work with the Polkadot ecosystem focuses on understanding it, which has been developed through more than two years of active participation. Their flagship project, substrate-etl, is a data indexing tool developed by Colorful Notion, specifically designed to process and store data from Polkadot and Kusama. The project includes two relay chains and over 70 indexed parachains.

Sourabh, CEO and Co-Founder of Colorful Notion Niyogi expressed excitement and enthusiasm for the collaboration, saying:

We are excited to see the convergence of the Polkadot ecosystem and the Dune community, which will provide us with more opportunities to uncover the complexities of the Polkadot, Substrate, and Web3 ecosystems. We have always been committed to bringing the vitality and innovation in these fields to more people, and this cooperation once again proves our firm belief in this commitment.

On the platform, users can now explore previously inaccessible depths of on-chain functionality in the Polkadot and Kusama relay chains, as well as six selected parachains. This includes decoded Substrate block data tables, detailed snapshots of external transactions (blockchain transactions), calls, events, transfers and storage mappings. The data is updated hourly, providing unprecedented insight into the inner workings of these dynamic networks.

Fredrik, co-founder and CEO of Dune Haga emphasized the importance of crypto platforms, the high demand for data, and Colorful Notion’s expertise in the ecosystem. He said:

“The demand for data on Dune has always been greater than we can handle on our own. This groundbreaking collaboration with Colorful Notion not only brings Polkadot and Kusama data to Dune, but also their deep understanding of the ecosystem. Our Mission It’s about making encrypted data accessible, and we’re excited to support the Polkadot ecosystem and work alongside Colorful Notion in this endeavor.”

Dashboard showcases integration potential

To demonstrate the potential of this integration, the team at Colorful Notion created an initial dashboard showcasing Dune’s capabilities for Polkadot relay chains and selected parachains. These dashboards include Polkadot’s staking activity, which highlights how staking rewards are indexed, calculated, and finalized on the blockchain network, as well as factors that may affect reward rates. It also includes Polkadot’s public voting analysis, governance, Interlay, assetHub, and HydraDX, the largest decentralized exchange in the Polkadot ecosystem.

In summary, the Dune platform has integrated multiple important components in the Polkadot ecosystem, including Polkadot’s referendum voting analysis, the governance mechanism of the entire network, the cross-chain protocol Interlay, the asset information platform assetHub, and the Polkadot ecosystem. HydraDX, the largest decentralized exchange (DEX) in the system. Through these integrations, users can conduct in-depth data analysis and insights into the Polkadot network’s governance decisions, cross-chain asset interactions, asset market performance, and decentralized trading activities on the Dune platform.

Through April and May, Dune will leverage Colorful Notion’s comprehensive and accurate data to expand coverage to include the full range of Polkadot parachains. This extension will provide users with unparalleled access to Substrate data to assist with analysis, decision-making and sharing of results.

As the Polkadot ecosystem continues to attract a growing user base, the partnership between Dune and Colorful Notion is an important step toward democratizing data access and promoting entry into this innovative blockchain solution.

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