This Week in Avalanche, Mar 12 2021
Avalanche Major News
State of Avalanche: Q1 2021 by Emin
The Blocknet to extend the power of Avalanche’s subnets with a decentralized indexing system and eventually will be migrating its own chain to Avalanche.
Frax Finance are moving a portion of their stablecoins to Avalanche via the aeb. They are exploring native deployment on the C-Chain if demand is sufficient.
The Avalanche Foundation mistakenly set their validator delegation fees at 2% - To support decentralisation avoid delegating to them.
Avascan renewed their Ditto & Lazy Snorlax validators. Delegate to them to earn SCAN tokens.
78.55% staking ratio (299,937,734 AVAX) - ↑ 0.2% from last week
~9.61% current staking reward per year
866 Validators - ↑ 29 from last week
Asset Layer (X-Chain) and DApp Layer (C-Chain)
JustLiquidity has integrated Avalanche into it’s JulWallet
An NFT Market Place that is run using memos on the X-Chain. N.B. this is not trustless.
Two separate projects called Snowball(s) Finance launched, both are automated yield farming platforms.
PandaSwap is launching an AMM on the C-Chain soon
YetiSwap are developing a NFT marketplace
2,564 assets issued on the X & C chains - ↑ 246 from last week
28,702 total AVAX burned 🔥 - ↑ 4,711 from last week
Stuff for Devs
Metamask: How to change the network configuration by code by Patricio López. Live Dem & Github Repo.
Avalanche Docs are now available in Japanese
SIMBA Chain - Avalanche Webinar with Join Anjon Roy, Tom Cooksey, and Aaron Buchwald
Markr are building a portfolio management and tracker tool (like Zapper)
CoinGecko now have a “Avalanche Ecosystem Coins” category
AVAX is now available on Simplex for purchase via debit or credit card
OIN Finance will allow users to mint it’s stablecoins with AVAX
Avascan (and consequentially Coingecko) are now showing real time AVAX supply data. Read more about what they’ve been up to in their blog.
Zero Exchange gave an update on their minter function
AVAX was added to Swipe wallet
Podcasts, Interviews & Misc
Avalanche on Clubhouse with Jay Kurahashi-Sofue, John Nahas, Sinan Mellaart and Gabriel Cardona. I highly recommend listening to this!