Avalanche Major News
Apricot Phase 1 successfully went live. Learn about the upgrade and future Apricot Phases via this clubhouse recording.
Prosper launched their prediction market on the C-Chain. There’s currently a “prediction mining” program to incentivise use of the platform.
Covalent are launching a “1 Million Wallets” Avalanche focused Hackathon where devs can win $15k in prizes. The Hackathon runs April 6th - 19th, 2021.
Staking (P-Chain)
AvalancheGo v1.3.1 released. Update is optional, but encouraged. The patch includes stability, monitoring improvements, and minor bug fixes.
Updated dashboards for Grafana released, also added a Main dashboard with the most important data and links to other dashboards
77.98% staking ratio (298,060,689 AVAX) - ↓ 1.2% from last week
~10.6% current staking reward per year
894 Validators - ↓ 5 from last week
Asset Layer (X-Chain) and DApp Layer (C-Chain)
Snowball launched their StableVault. It’s the first stablecoin based AMM on Avalanche and is a 3 token pool between USDT, BUSD, and DAI.
Penguin Finance launched and attracted > $5.5M in liquidity without a UI
TrustSwap went live on the C-Chain
Someone spammed the C-Chain to speed up the PandaSwap launch, read about why this was possible and how this was achieved.
Avaxtars, an NFT game enabled the claim NFT and marketplace functionality however the game itself is not released yet.
The Snowies NFT marketplace went live.
Learn more about BENQIs future Liquidity Market Protocol on Avalanche
The Avalanche Beta Wallet now supports Audio/Video NFTs
Stats:
3,316 assets issued on the X & C chains
50,967 total AVAX burned 🔥 - ↑ 9,990 from last week
Stuff for Devs
Avalanche is launching a bug bounty program on HackenProof. Find open bounties here.
How Smart Contract devs can mitigate the issue of non uniform block times in the C-Chain
Avalanchejs v3.2.5 released, upgrade to stay compatible with Apricot Phase 1
Cartesi released Descartes v1.1.0 which includes support for the FUJI C-Chain Testnet
Ecosystem
Use these graphics to show that your dapp is “Powered by Avalanche”. Made by Peter Zeitz
Avascan have been improving their stats pages. Read their blog to find out what else they have planned.
Avalaunch published their token details & sale info.
Markr published their roadmap
Orion Protocol have partnered with Avalaunch
Shroom are rebranding to Niftyx
vfat.tools now supports the C-Chain. You can use it to find yield farming opportunities.
Podcasts, Interviews & Misc
John Wu, president of Ava labs, sat down for a chat about crypto with Miami Mayor Francis Suarez
My Opinion of Avalanche (AVAX) in 2021: Successes, Shortcomings, and Concerns by J-Stodd
Recap of Avalanche X Covalent AMA by bkcrypto
AVAX PORTAL #9 by Kuen Shahi
Emin was on Turkish TV talking about crypto & Avalanche. I don’t speak Turkish so I have no idea what was said!
Upcoming Dates
Apr 6 - 19: Covalent 1 Million Wallets hackathon
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.