This Week in Avalanche

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This Week in Avalanche, June 18, 2021
www.weekinavalanche.com

This Week in Avalanche, June 18, 2021

This Week In Avalanche
Jun 18, 2021
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This Week in Avalanche, June 18, 2021
www.weekinavalanche.com

Avalanche Major News

  • Avalanche new roadmap got released with the promises of

    • a new cross-chain bridge based on a novel bridge technology that will reduce the fees significantly and potentially bridge even non-EVM chains,

    • many overhauls to the web wallet that will simplify the user experience,

    • exclusive web-extension wallet,

    • dynamic fees for x-chain and c-chain, and

    • a lot more

  • PNG got listed on Gate.io, becoming the second native Avalanche token that got listed on a centralized exchange

  • Gate.io and KuCoin became the first centralized exchanges to integrate Avalanche c-chain

  • Okcoin became the first U.S. exchange to offer AVAX staking

Stats

  • 55.90 staking ratio (215,570,295) - ↑ 0.02% from last week

  • ~10.38% current staking reward per year

  • 977 Validators - ↑ 4 from last week

Ecosystem

  • Avalaunch partnered with KuCoin

  • Baguette Exchange partnered with Yield Yak

  • Ava Labs partnered with UG Ventures

  • Snowball partnered with Penguin Finance

  • YieldYak integrated markr.io to their website

  • AVME integrated Yield Yak to their desktop wallet

  • Penguin Finance launched their auto-compounding platform

  • Lydia Finance relased their yield optimizer called Maximus

  • Bware Labs released a minimal/core version of their product, which allows anyone with Metamask to generate endpoints for interacting with Avalanche

  • MathWallet integrated Avalanche to their mobile wallet and web browser extension, offering an alternative to MetaMask

  • Kuu, a new communal liquidity protocol, announced that they will launch on Avalanche

  • Everest DAO, a new project that aims to bring decentralized voting mechanisms and unified governance, announced that they will also launch on Avalanche

  • Verso token (VSO) became the first Avalanche token that can be staked in DCTDAO Yield Farming Program

  • HurricaneSwap raised over $1 million from investment firms LD Capital and AVATAR

  • Trader Joe, a new DEX, gets ready for their launch

  • Yield Yak started autocompounding CNR, AVME, and CYCLE pools

  • Snowball started autocompounding SPORE pools, as Pangolin had started rewarding SPORE-PNG and SPORE-AVAX pairs

  • Penguin Finance audit report got listed on certik.org

  • BENQI is getting ready for their launch

  • Avaware described their role as an initial funding platform for new projects

  • Avaware version 2 got released, which offers a brand-new front end

  • Birdy Finance developers abandoned their project and the community

  • Avaxino, a former gambling dapp, pulled the plug on their website and social media accounts and disappeared

  • Ropepull offers gamblers on Avalanche a new way to lose their coins (!)

NFTs

  • Venly NFT Market integrated Avalanche

  • Hatchy Pocket NFT collection got released

Airdrops & Giveaways

  • Pangolin giving away PNG tokens to translators

  • AVAPAD started giving away their APAD tokens

  • AvaxCells will airdrop CELX tokens to their NFT holders

  • KuCoin giving away $500 in celebration of XAVA listing

Stuff for Devs

  • Ava Labs Weekly Engineering Update got released on Wednesday, which covers

    • Coinbase Rosetta API implementation for Avalanche C-Chain,

    • dynamic balance updates on the web wallet,

    • AvalancheGo update,

    • updated docs for subnets, and

    • much more

Podcasts, Inteviews & Misc

  • Pangolin held an AMA on June 16, 2021

  • Coinmonks reviewed Avalanche in a recent blog post

  • John Wu will participate on an Open DeFi panel today

  • HurricaneSwap will hold an AMA today

  • Collin Cusce went through last week’s This Week in Avalanche on his weekly video stream

  • Avalanche Today interviewed Elk founder

  • Yahoo Finance reviewed Avalanche

  • Fortnightly Pangolin newsletter got released on June 8, 2021

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 or @BestCoderNA on telegram.

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

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This Week in Avalanche, June 18, 2021
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