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This Week in Avalanche, Apr 16 2021

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This Week in Avalanche, Apr 16 2021

This Week In Avalanche
Apr 16, 2021
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This Week in Avalanche, Apr 16 2021

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Avalanche Major News
  • BoringDAO is expanding to Avalanche to build a community-driven, decentralized multi-chain bridge to further connect Avalanche to complementary ecosystems.

  • The TrustSwap Incubator Program was announced and will go live on April 25th. The service will aim to offer a complete and full-service digital ecosystem that solves significant implementation challenges within the crypto industry.

  • BENQI ran a public token sale and it sold out in minutes. They also announced funding from a range of institutional investors including Ava Labs.

Staking (P-Chain)
  • AvalancheGo v1.3.2 released. This update is optional, but encouraged. The patch includes security improvements, bug fixes, and monitoring improvements.

  • New tutorial on how to backup and restore your node

  • Stats:

    • 77.90% staking ratio (298,189,938 AVAX) - ↑ 0.5% from last week

    • ~10.57% current staking reward per year

    • 918 Validators - ↑ 2 from last week

Asset Layer (X-Chain) and DApp Layer (C-Chain)
  • Avvy Domain Names launched on main-net. You can currently claim names with an equal or greater length than 10 characters.

  • Snowball released an NFT Shop. They’re giving away free NFTs to pervious participants in their governance.

  • AnySwap now support Avalanche C-Chain for cross-chain swaps however liquidity is quite low right now.

  • Crypto Runes, an NFT project is live on the C-Chain.

  • Sex Finance launched but there have been some accusations from community members that the project is a scam from the founder of PandaSwap who apparently also runs CheetahSwap.

  • Nexus Cards, a a gamified NFT card battler series, launched on the C-Chain.

  • Stats:

    • 3,372 assets issued on the X & C Chains

    • 58,660 total AVAX burned 🔥 - ↑ 2,891 from last week

Stuff for Devs
  • There are some new tutorials on the Figment Learn Pathway. As a reminder you can earn $500 in AVAX by creating your own tutorials on Figment Learn.

  • Cognizance are currently running a workshop. Avalanche 101: Building on the Internet of Finance. The workshop runs 15 - 18 April.

  • OneMillionWallets​ - Covalent Avalanche Speaker Series: Building on Blockchain. Featuring Connor Daly.

  • Gabriel Cardona and Nicholas Mussallem spoke at the Google Developer Student Club PoliMi of Milan.

  • Docs for the Indexer API for avalanchego are out

  • Avash v1.0.6 released

Ecosystem
  • Encode announced their Avalanche Club participants. 10 participating teams will take part in a 10-week pre-accelerator with the opportunity for follow on funding.

  • Avalaunch listened to their community and will be natively launching their smart contracts and token exclusively on Avalanche and Pangolin.

  • Popular French streamer Corobizar has started to utilise NFTs (on Avalanche) to engage with his community. The NFTs can be earned by watching streams as well as purchased for crypto.

  • FAI protocol launched and then quickly rug pulled their investors. Be extremely careful putting money in early projects with anon founders. Always DYOR.

  • Lydia Finance released details about their upcoming DeFi platform.

  • Integrated: What’s Next for Automated Market Makers. An upcoming clubhouse discussion featuring Kevin Sekniqi and other leaders in the DEX space. Taking place on Wednesday 21st at 9am ET.

  • Nifty gave us a preview of their upcoming NFT platform.

Podcasts, Interviews & Misc
  • Keep up to date with Avascan via their blog.

  • CederNet has been releasing videos about how to interact with many Avalanche based projects.

  • Wolf of All Streets Podcast: Unlocking $700 Trillion to Crypto. Featuring John Wu from Ava Labs.

Upcoming Dates
  • Wednesdays (ongoing): Ava Labs Developer Services Office Hours, 2pm–5pm EST - hosted on Discord

  • Apr 6 - 19: Covalent 1 Million Wallets hackathon

  • Apr 21: Integrated: What’s Next for Automated Market Makers. Clubhouse Discussion.

  • June 7: Crowdsale AVAX tokens unlock



About the newsletter

This Week in Avalanche is an independent newsletter tracking what’s happening in the Avalanche ecosystem. Inclusion of a project or token is not intended as endorsement (DYOR). If you have suggestions or feedback you can reach out at @WeekInAvalanche / @EdwardWilll on twitter or @edwardwill1 on telegram.

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This Week in Avalanche, Apr 16 2021

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This Week in Avalanche, Apr 16 2021

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Leo
Apr 16, 2021

Snowball NFTs :)

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