This Week in Avalanche, June 25, 2021

Avalanche Major News

• DeFi Yield Protocol (DYP) will bring yield farming, advanced DEX tools, and an NFT marketplace to Avalanche

• Avalanche C-Chain is officially integrated on Gate.io

• Pangolin Exchange released their 2021 roadmap

Stats

• 53.48 staking ratio (178,526,933) - ↓ 2.42% from last week

• ~10.38% current staking reward per year

• 978 Validators - ↑ 1 from last week

Ecosystem

• AVAX got listed on kriptomat.io

• Avalaunch enabled KYC verification option for feature tokens that get released on their platform

• Sherpa Cash released a guide on verifying contributions for their trusted setup ceremony

DeFi

• Zero Exchange outlined their plans for a new multichain bridge and its token RELAY

• Elk Finance was planning to launch on HECO chain today, but it got delayed

• Penguin Finance announced Club Penguin (not the actual one 😞) which will bring xPEFI staking

• Pangolin partnered with Wyre which might offer a fiat on-ramp on Pangolin

• Snowball described their modular smart contract design

• Pangolin received a new on-chain governance proposal which aims to improve governance

• GrapeSwap, a BSC yield farm, launched on Avalanche

• Elk Finance began a new round of farming and upgraded their token

• Baguette Exchange partnered with Yield Yak

• Pangolin also partnered with Beefy Finance

• Penguin Finance partnered with Lydia

• Avaware enabled AVE staking

Games & NFTs

• Non-Fungible Pixels, a digital billboard which each pixel is an NFT that people can trade and advertise on, announced that they are planning to launch on Avalanche

• Hatchy Pocket released their roadmap in which they promise gamified staking

• Crypto Monkey Empire, an upcoming MMO-RTS being built on Avalanche, got listed on playtoearn.net

Airdrops & Giveaways

• Kucoin started an Avalaunch trading competition on their platform

• Beefy gave away $250 in celebration of Pangolin & Beefy partnership

• Pangolin is giving away 50 PNG to 10 random people who get a profile pic from their new design

• Gate.io is giving away $300 PNG

Stuff for Devs

• AvalanhceJS v3.7.0 got released

Podcasts, Inteviews & Misc

• Pangolin newsletter got released on June 22, 2021

• Ava Labs President John Wu spoke all about Avalanche with Paul Barron

• Okcoin held an AMA with Avalanche

• Emin Gün Sirer was on Global DeFi Summit

• Collin Cusce, #1 Avalanche streamer, goes over AvalancheJS code during his weekly Tech Wednesdays stream

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