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.

Staking (P-Chain)

• AvalancheGo v1.2.2 and v1.2.3 released - Patches include stability, performance, and monitoring improvements.

• 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.

• Stats:

  • 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

• AVAX Fees, a site to calculate your total fees spent on the C-Chain by qsvtr

• 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.

  • snowballfinance.info (SNOB token)

  • snowballs.finance (SNOW token)

• Dodo announced they will deploy on the C-Chain

• PandaSwap is launching an AMM on the C-Chain soon

• YetiSwap are developing a NFT marketplace

• Stats:

  • 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.

• AvalancheJS v3.2.1 released

• Ortelius v1.2.3 released

• Full Avalanche chain indexing is now available from Covalent

• New Avascan Statistics API with staking data

• Avalanche Docs are now available in Japanese

• SIMBA Chain - Avalanche Webinar with Join Anjon Roy, Tom Cooksey, and Aaron Buchwald
  

Ecosystem

• The Encode Avalanche Club Accelerator was announced. It’s a dedicated accelerator for turning Avalanche focused projects into full-fledged startups. Apply here.

• BTC and BCH VMs will be ported over to Avalanche as subnets with all utxos

• 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.

• Hari Seldon had some thoughts on the future of Pangolin development. The Pangolin governance forum has also been quite active.

• 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!

• Gemchasers AMA Recap: Prof. Emin Gün Sirer

Upcoming Dates

• Mar 16: Figment Avalanche Learn Pathway begins

• Mar 28: Deadline for Encode Avalanche Club Accelerator applications

• June 7: Crowdsale AVAX tokens unlock