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.