OnFinality accelerates assets transfers on Polkadot and Kusama with Statemint and Statemine!

OnFinality
5 min readMay 25, 2023

OnFinality is a blockchain infrastructure platform that saves web3 builders time and makes their lives easier. We deliver easy-to-use, reliable and scalable API endpoints for the biggest blockchain networks and empower developers to automatically test, deploy, scale and monitor their own blockchain nodes in minutes.

Today, we are proud to be announcing our long-standing support for common good generic assets parachains Statemint on Polkadot, Statemine on Kusama, as well as their testnet, Westmint!

“OnFinality is proud to be fueling the transfer of arbitrary assets both fungible and non-fungible on Polkadot and Kusama, by enabling web3 developers fast and easy access to the Statemint, Statemine and Westmint chains!”

— Daniel Vulinovich, Product Manager at OnFinality

While OnFinality has been supporting Statemine, Statement and Westmint for almost a year, it had not been announced until now.

During this time, we have been providing an easy to use, reliable and scalable API endpoints for builders to deploy and run their dApps on Statemint and Statemine, as well as a one-click node solution for users to rapidly deploy and manage their nodes on both networks and their Westmint testnet.

What is Statemint ($DOT) and Statemine ($KSM)?

Statemint and Statemine are system parachains on Polkadot and Kusama, respectively, for creating and sending fungible and non-fungible (NFTs) tokens. Their native tokens are DOT and KSM, respectively.

The most common use of Statemint and Statemine is for transferring non-native tokens and creating NFTs.

Some other reasons why someone might use them for their DOT and KSM would include utilising Statemint’s and Statemine’s lower transfer fees and existential deposits, and to meet the existential deposit for other (non-sufficient) assets.

What is Westmint?

Running on Westend, Westmint is simply the test network for Statemint and Statemine, Polkadot and Kusama’s common-good chains which allows the hosting of arbitrary assets, both fungible and non-fungible.

By connecting to Statemint and Statemine with OnFinality’s API endpoints, builders will be able to:

  • Access the Statemint and Statemine networks quickly in minutes without having to set up or manage infrastructure
  • Enjoy global performance, automated scalability and high availability of up to 99.99% uptime per year!
  • Gain valuable API Insights for you to spot issues on your apps and quickly implement rectifications for a bug-free user experience

We’re providing both public and private endpoints for Statemint and Statemine (Public endpoints will be heavily rate limited).

Simply sign up to app.onfinality.io to receive your free API key in minutes! Our ‘Free Plan’ comes with 500,000 daily responses for anyone to get started easily.

For teams looking to take your applications to the next level and ensure that you receive the best performance possible, we highly recommend using an API key. What are the benefits of getting an API key?

In addition, OnFinality also provides the ability for participants in the Statemint, Statemine and Westmint ecosystems to rapidly deploy and manage nodes via any of our supported cloud providers such as Amazon Web Service (AWS), Google Cloud Platform (GCP) and Alibaba Cloud.

Benefits of deploying Statemint, Statemine and Westmint nodes through OnFinality

  • Easy — Deploy Dedicated Nodes easily and quickly via our on-demand node deployment service without worrying about setting up hardware from scratch
  • Scalable — Upsize and downsize your nodes easily in a few clicks!
  • Cost-efficient — Pay for only what you need. You no longer have to buy or set up your own hardware or make tools to monitor your node’s health and performance
  • Visibility — Simply connect to our Node Metric Endpoint for automated monitoring and alerts on your node’s health

You can now log in to see Statemint, Statemine and Westmint’s network spec in the OnFinality Marketplace.

Our mission is to support all blockchain teams in the world by providing critical infrastructure so they can focus on their core business. By leveraging OnFinality’s expertise in infrastructure, decentralised application (dApp) teams building on Statemint, Statemine and Westmint can now focus on scaling for a global audience.

Public API Endpoints

* Please note that these endpoints are rate limited and are not run to the same reliability standard as the endpoints that our API key customers benefit from.

Statemint

Statemine

You may also reach us at sales@onfinality.io to discuss your requirements.

Build Smarter with OnFinality.

About Statemint, Statemine and Westmint

Statemint and Statemine are system parachains on Polkadot and Kusama, respectively, for creating and sending fungible and non-fungible (NFTs) tokens. Their native tokens are DOT and KSM, respectively.

The most common use of Statemint and Statemine is for transferring non-native tokens and creating NFTs, but there are other reasons why someone might want to use them for their DOT and KSM as well.

Westmint is simply the test network for Statemint and Statemine, Polkadot and Kusama’s common-good chains which allows the hosting of arbitrary assets, both fungible and non-fungible.

Statemint | Statemine

About OnFinality

OnFinality is a blockchain infrastructure platform that saves web3 builders time and makes their lives easier. OnFinality delivers scalable API endpoints for the biggest blockchain networks and empowers developers to automatically test, deploy, scale and monitor their own blockchain nodes in minutes. To date, OnFinality has served over hundreds of billions of RPC requests across 80 networks including Avalanche, BNB Chain, Cosmos, Polkadot, Ethereum, and Polygon, and is continuously expanding these mission-critical services so developers can build the decentralised future, faster!

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OnFinality

OnFinality empowers Web3 developers with easy-to-use, reliable and scalable blockchain infrastructure. Build smarter with onfinality.io