This Week in Avalanche

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This Week in Avalanche, Dec 10 2020

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This Week in Avalanche, Dec 10 2020

This Week In Avalanche
Dec 10, 2020
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This Week in Avalanche, Dec 10 2020

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Avalanche Major News
  • AvalancheGo v1.1.0 (Apricot Phase 0) released and the network was successfully upgraded. The release includes general preparations for the Apricot network upgrade and fixed an issue that prevented stake-able locked outputs from being unlocked.

  • The first wave of locked crowdsale AVAX tokens were released. With the new supply included, AVAX now has a valuation of ~$250M and sits at rank 65 on coingecko.

Staking (P-Chain)
  • Avalanche Forum Discussion: What should be the APY of 2-week vs 1-year rewards?

  • Avascan re-launched their ‘Lazy Snorlax’ and ‘Ditto’ validators. If you delegate to them you get SCAN tokens as a bonus!

  • Most of the network upgraded to v1.1.0 (~90% of validators) but there are a few stragglers that need to upgrade ASAP. You can see the breakdown at VScout.

  • Stats:

    • 72% staking ratio (257,425,693.23 AVAX) - ↓ 7% from last week

    • ~10.06% current staking reward per year

    • 643 Validators - ↑ 10 from last week

Asset Layer (X-Chain)
  • Avascan announced Norge, a custom indexer for Avalanche. Right now it supports the X-Chain but will expand later. This will help Avascan implement a wide range of improvements, read more in their blog.

  • 409 assets have been issued on the X-chain - ↑ 38 from last week

DApp Layer (C-Chain)
  • Pangolin, a Uniswap style DEX was announced. They plan on distributing 100% of PNG tokens via airdrop (to UNI & SUSHI holders) and liquidity mining.

Stuff for Devs
  • avalanche-cli 1.0.6 released by hsk81

  • Avash has been updated to support the a number of new command-line flags.

Ecosystem
  • AVAX is now available for purchase in the US via Voyager Digital.

  • Securitize, an issuance and compliance platform for security tokens, has integrated with Avalanche.

  • Polyient Games announced plans for the first cross-chain token reward.

  • AvaxAlert has been updated, sign up if you want email alerts when your AVAX moves.

  • BiLira launched the first stablecoin on Avalanche. TRYB is backed by the Turkish Lira.

  • HummingBot AVAX liquidity mining is now live.

Podcasts, Interviews & Misc
  • Encode Club AMA with Emin

  • REIMAGINE 2020 v5.0 - Emin Gün Sirer - Avalanche - A Better Consensus

  • State of Avalanche Telegram AMA with the Ava Labs Team

  • How to Run Avalanche at Home: Why Avalanche Pt. I by FireStorm

  • An epic thread by Seq summarising why we should be excited about Avalanche.]

Upcoming Dates
  • Dec 13: Encode Hackathon Registration Deadline

  • Dec 14 - Jan 17: Encode Hackathon

  • Dec 15: Encode Hack Club Avalanche Workshop 2

  • Mar 9: Crowdsale AVAX tokens unlock



About me & the newsletter

I’m a long term investor & enthusiast in the space. I’ve been interested in Avalanche for a while & decided to start this to keep up with the project & hopefully enable others too as well. If I’ve missed anything or you want me to include something for next week please let me know! You can reach me at @_ed1990_ on twitter or @edwardwill1 on telegram.

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This Week in Avalanche, Dec 10 2020

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