This Week in Avalanche, June 18, 2021
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
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
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
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
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
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
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