Avalanche Major News

• New cheaper, faster, more secure Avalanche Bridge was released!

• Shopping.io integrated Avalanche, which allows ordering from Amazon, Walmart and eBay using AVAX

• AVAX was listed on BitMart exchange

Stats

• 56.09 staking ratio (217,098,867) - down 0.10% from last week

• ~10.32% current staking reward per year

• 993 Validators - down 11 from last week

• Avalanche Twitter reached 170,000 followers

Ecosystem

• Weble Ecosystem Token, a project that aims to bring internet of things to Avalanche, shared a demo

• BitMart is holding a contest to vote for an Avalanche Token to be added to their exchange. The voting options are Lydia, Trader Joe, and Kuu.

• Sherpa IDO ran by Snowball and Penguin Finance has been concluded, and Sherpa tokens are now available on Pangolin and Trader Joe

DeFi

• Gauntlet began integrating BenQi to their simulation platform which is used for extensive testing

• BenQi preleased a teaser

• Pangolin community is having a discussion on how to improve tokenomics

• Penguin Finance published a new roadmap

• Elk Finance launched their cross-chain protocol ElkNet

• Teddy Cash, an upcoming borrowing protocol, is planning to bring interest-free loans to Avalanche

• Cabbage Cash, a new yield farm, launched through Avaware launchpad

• Snowball previews their new app redesign

• TraderJoe integrated Coin98 Wallet

• Kalao adds Omer Demirel as an advisor

Games & NFTs

• Kalao, the upcoming VR-focused NFT marketplace, published their first blog post

• CryptoDappers updates their road map

Partnerships

• Avalaunch X Pangolin

• Spore X Pangolin

• AVME X PartySwap

• Lydia X Baguette

Airdrops & Giveaways

• Pangolin $300 giveaway

• Verso Finance & Trader Joe Lottery

• Avalaunch $1000 giveaway

Interested in the projects mentioned above? You can use Coin98 Mobile Wallet to trade the native tokens of these projects.

Stuff for Devs

• Avalanche is hosting a developer contest

• Ava Labs Engineering Update was published, which covers the new bridge, AvalancheGo update, and more

• Connor Daly shared a method to deploy smart contracts to the same address on every chain

Podcasts, Inteviews & Misc

• BitMart is having a poll on which Avalanche token to list on their platform

Upcoming

• Avalanche & DYP Finance on Monday, August 2 at 11 AM ET

Previous

• Sherpa Cash & Penguin Finance AMA Recording

• Avalanche & Yield Yak AMA Recap

• Avalanche & AllianceBlock AMA Recap

• Gabriel Cardona & Dan Laine Podcast

• @AvaxPodcast & Pangolin Team

• Avalanche & Okcoin AMA Partial Recording

• Pangolin Newsletter

• Elk Weekly Recap

• Avaware Weekly Recap

About the newsletter
This Week in Avalanche is an independent newsletter tracking 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 on Twitter: @WeekInAvalanche

Special thanks to everyone who helped curate content:
Efe (efe.kim) @BestCoderNA

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