This Week in Avalanche, June 11, 2021

Avalanche Major News

• DCTDAO launched their $2 Ethereum-Avalanche bridge, and started rewarding the pools of the bridged tokens

• NFT STARS will integrage with Avalanche to provide cross-chain NFT marketplace, initial NFT offerings, fractional NFT trading, and exclusive NFTs

• Wyre integrated with Avalanche, which enables seamless fiat-to-crypto transactions when using dapps

• Poolz, a cross-chain token auction platform, launched on Avalanche

• Avalaunch’s token XAVA is the first Avalanche native token to be listed on Kucoin with C-Chain integration

Stats

• 55.88 staking ratio (215,570,295) - ↓ 1.5% from last week

• ~10.39% current staking reward per year

• 973 Validators - ↑ 4 from last week

Ecosystem

• Snowball launched Governance v2 which will allow stakers to directly participate in on-chain proposals

• Markr.io launched a dex aggregator which allows swapping with the best prices

• Pangolin proposal to add SPORE pairs has passed and will go live Tuesday June 15th

• The Koala Finance shared a sneak peak of their upcoming prediction market

• Penguin Finance shared their feature plans and projects in a blog post

• Yield Yak added autocompounder pools for Canary Exchange, AVME, and Cycle

• AVAX got listed on Hotbit Korea

• Elk Finance launched new farms, namely HUSKY and AVE

• Pangolin & Canary teams work together to fix a vulnerability

• AVME is building an entire security suite

• Penguin Finance’s new auto-compounder is live

• Pangolin newsletter #2 has been published

• Olive Cash implements a Buyback and Burn contract

NFTs

• Unique Miniworlds NFTs can be bought on Snowflake Marketplace

• Crypto Dappers will enable NFT staking

Airdrops & Giveaways

• Hatchy Pocket, an upcoming NFT monster cards project, is doing a giveaway

• Pangolin is giving away 1000 PNG to Pangolin, Yield Yak, PEFI, and Snowball followers

• Penguin Finance announced that they are planning an airdrop for PEFI stakers

• Avapad, a new launchpad, is doing a giveaway

Stuff for Devs

• May 28, 2021 Weekly Engineering Update

• AvalancheJS v3.6.1 went live

Podcasts, Inteviews & Misc

• Avalanche Today, Avaware’s new product, started covering interesting news and project on Avalanche network:

  • Detailed coverage of Canary Exchange and Pangolin collaboration in patching a potential vulnerability

  • Overview of AVME

  • News of a new exchange called Trader Joe

• Daily news sources Avax Daily and Avaxholic are also gaining popularity

• Ava Labs President John Wu had an interview spree in Miami:

  • Had a chat with mayor Francis Suarez

  • Shared his thoughts on latest Bitcoin news on Bloomberg TV

  • Talked about the multi-chain future on Yahoo Finance

  • Got featured on a Bloomberg article

  • Shared his thoughts on the feature of green crypto on Bloomberg radio

  • Got also featured on Business Insider

• Avax Podcast interviewed Jomari Peterson of Snowball on its fifth episode

• Pangolin hosted an AMA with the Pangolin Team

• Crypto Eagles did an AMA with Hurricane Swap

• Hurricane Swap shared their solutions on cross-chain transactions

• CryptoRefills answered community questions on Avalanche Telegram

• Real Vision interviewed Emin Gün Sirer

• Based Space hosted Ava Labs marketing VP Jay Kurahashi-Sofue

• Emin Gün Sirer spoke on Blockchain For Europe Summit 2021

• BinanceFrench Telegram channel hosted an Avalanche AMA with an opportunity to win $400 AVAX

• Ava Labs developer Gabriel Cardona stated that Haskell smart contracts are coming to Avalanche

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 at @WeekInAvalanche / @Best_Coder_NA on twitter or @BestCoderNA on telegram.

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