This Week in Avalanche, Feb 5 2021
This Week in Avalanche, Feb 5 2021
Avalanche Major News
OKCoin listed AVAX. This means US citizens can now withdraw AVAX from exchanges.
Velox is bringing its algorithmic trading system for decentralized exchanges to Avalanche
Frontier is integrating Avalanche’s DeFi Ecosystem into their app
Staking (P-Chain)
72.0% staking ratio (259,203,431 AVAX) ↑ 1% from last week
~9.97% current staking reward per year
808 Validators - ↑ 20 from last week
Asset Layer (X-Chain)
AVAX-VR - a cool visualisation of X-Chain txs in real time. Try spot yourself!
1032 assets have been issued on the X-chain - ↑ 51 from last week
DApp Layer (C-Chain)
Chainbridge (aeb) transactions are live on Avascan. Read more in their blog.
Zero Dex launched on the C-Chain. They’re using their own bridge, use at your own risk. I am waiting for the bridge organised by Ava Labs & friends.
C-Chain activity is rapidly increasing. Most likely due to the Zero Dex launch.
Stuff for Devs
Stacktical (DSLA Protocol) are launching infrastructure risk management tools for Avalanche devs
A formal bug bounty is in the works but for now contact security@avalabs.org, rewards are available.
Ecosystem
OKCoin are airdropping $1M to their users
Teaser for the Avalanche <> Ethereum Bridge (aeb). Bridge interfaces are coming very soon!
Arrow DFMs explain how their products will help solve issues we’ve seen with GME & Robinhood
The devs from Prospero have been experimenting with Pangolin on the Fuji testnet. It works!
ICONOMI and Easy Crypto listed AVAX
Summary of the AMA withYIELD.APP by Elvis Tile
AVAX is set to feature in an upcoming (Turkish language) sci-fi movie
Podcasts, Interviews & Misc
Emin shares his thoughts on MakerDAO
Creating a Distributed Universe - panel featuring Emin
Everything about Layer 2s and Ethereum Alternatives - interesting analysis by XVIX
Chris Troutner speaking about the $AVAX <> $BCH bridge being worked on at the Permissionless Software Foundation
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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.