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.
Podcasts, Interviews & Misc
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 14 - Jan 17: Encode Hackathon
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.