This Week in Avalanche, Feb 12 2021
Avalanche Major News
AvalancheGo v1.2.0 released - Critical update, please update nodes ASAP. The patch fixes performance issues related to interchange transfers between X, C, and P chains.
The Avalanche <-> Ethereum bridge (aeb) went live! And then went down because of a bug - fix has been deployed but is in final testing, bridge should be functional again soon. So far tokens worth $33 million have moved to Avalanche.
Pangolin, a Uniswap style Dex, launched. Total liquidity currently sits at $45 million.
Staking (P-Chain)
AvalancheGo v1.1.5 released - the patch includes stability improvements.
72.5% staking ratio (261,015,046 AVAX) ↑ 0.5% from last week
~9.95% current staking reward per year
827 Validators - ↑ 19 from last week
Asset Layer (X-Chain)
X-Chain was live throughout the recent performance issues. However there were some issues with overloaded APIs which caused difficult sending some txs.
The Avalanche Wallet is temporarily in read only mode but should be back very soon.
1085 assets have been issued on the X-chain - ↑ 53 from last week
DApp Layer (C-Chain)
Use alternative API endpoints if a provider becomes congested: Tutorial for Figments API, alternative use this video tutorial
Avascan have a new Chainbridge filter to see inflows & outgoings to/from Ethereum
You can add Avascan to be your default explorer for MetaMask when using the C-Chain
C-Chain is currently fully functional after a small period of downtime, related to the aeb issue
Stuff for Devs
Building DeFi On Avalanche, The Hype Is Real - blog post by Louis Lapat, CTO of Prospero
AvalancheJS v3.2.0 released - highlights (from Gabriel Cardona)
can now parse/serialize any serializable data structure to both codecID 0 & 1
now has an examples directory with 60+ scripts demoing how to create/mint/transfer fungible/non-fungible tokens, cross chain swaps, create subnets, add delegators/validators, call RPCs, and more.
Ecosystem
AVAX Listed on Bitpanda, a promotion trading competition is live now
The PolyAnt King sale is live. Limited-edition AVAX inspired collectibles each enable holders to redeem $20 in $AVAX at a later date.
Copper integrates Avalanche to bolster institutional-grade storage and trading security for AVAX
Lvna Capital is looking to invest in Avalanche based DeFi and infrastructure projects
JustLiquidity announced they will support Avalanche in their upcoming JulWallet
Someone on WallStreetBets suggested an ILO against Robinhood
Some fun simplified simulations of core Avalanche consensus algorithms under controlled environments.
Cargo announced they will prioritise Avalanche in their multi-chain support
Podcasts, Interviews & Misc
Emin shares his thoughts on Uniswap and how Pangolin might offer some improvements
Blockchain and DeFi Development Trends 2021 - discussion featuring Gabriel Cardona
LunarCRUSH Live! - featuring Jay Kurahashi-Sofue and Patrick Sutton
John Wu, Lydia Chiu and Jay Kurahashi-Sofue from Ava Labs did an AMA with OkCoin
Avalanche was featured on Turkish TV
Emin (very) briefly talks about where Avalanche is headed potential scalability solutions
Avalanche: The New DeFi Blockchain Explained - article by Liesl Eichholz from Glassnode Insights
Extremely fun Avalanche <-> Ethereum bridge game built by the community
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Upcoming Dates
Mar 9: Crowdsale AVAX tokens unlock
About the newsletter
This Week in Avalanche is an independent newsletter that tracks 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 / @_ed1990_ on twitter or @edwardwill1 on telegram.
Please slow down your development process and stop cutting corners.