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This Week in Avalanche, Feb 19 2021
Avalanche Major News
Preliminary Analysis of the Invalid Minting Bug by Patrick O’Grady
Shroom Finance are launching on the C-Chain in Q1, also plans to launch a subnet later this year
Injective Protocol is integrating with Avalanche to launch a diverse array of interoperable derivatives
80.05% staking ratio (288,189,484 AVAX) ↑ 7.5% from last week
~9.83% current staking reward per year
847 Validators - ↑ 20 from last week
Asset Layer (X-Chain)
Avascan now lets you see NFTs in their explorer, e.g. this tx.
1119 assets have been issued on the X-chain - ↑ 34 from last week
DApp Layer (C-Chain)
The Avalanche <-> Ethereum Bridge (aeb) is fully functional again. TVL currently sits at ~$125 million. Follow the stats for each token using this Dune Analytics dashboard.
Pangolin has seen rapid adoption. TVL sits at ~$225 million with $30 million 24 volume.
Complus Network (Uniswap style Dex) launched, COM liquidity mining is live
Bao Finance are deploying “YetiSwap by Bao” on the C-Chain
To watch AVAX burned by the C-Chain in real time use burnedavax.com - currently at ~11,000 or $450,000!
How to setup Avalanche C-Chain on MetaMask and get testnet tokens - article by Toochi Ajah
How To Move Tokens From Ethereum To Avalanche - article by Elvis Tile
Pangolin Video Tutorials:
Stuff for Devs
Axelar is expanding its cross-chain communication network to include Avalanche.
Avascan update us on future plans in their blog
Podcasts, Interviews & Misc
Avalanche Update Video by Coin Bureau
Tweet thread from Emin on the recent network disruption
ChainBridge 101 - CSCON Polina Aladina
The FTX Podcast #40 - John Wu President of AVA Labs
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.