Avalanche Major News

• Apricot Phase One, the next major upgrade, will activate on Mainnet at March 31st, 14:00 UTC. The upgrade includes a 50% reduction in tx fees.

• The Avalanche web wallet is integrating Nash to provide a fiat -> AVAX solution directly in wallet, it will be live in Q2. Additionally, AVAX fiat markets will soon be available on Nash and AVAX will be integrated to the Nash non-custodial wallet.

• Avalaunch, an on-chain fundraising platform, came out of stealth mode

Staking (P-Chain)

• Stats:

  • 79.18% staking ratio (302,494,201 AVAX) - ↑ 0.3% from last week

  • ~10.61% current staking reward per year

  • 899 Validators - ↑ 14 from last week

Asset Layer (X-Chain) and DApp Layer (C-Chain)

• CryptoSeals, an interactive, generative NFT collectibles project, launched on the C-Chain.

• Snowies, a unique NFT collection launched & sold out quickly.

• Elk Finance, a Cross-chain Liquidity Network, launched a DEX on the C-Chain

• Prosper announced will be launching on 29th March

• BENQI are building an algorithmic liquidity market protocol (like AAVE) on Avalanche. Read their announcement here.

• Pandaswap said they’re launching this week, but have yet to, so keep an eye on them today / this weekend!

• PolarBear Finance are launching another RFI style token

• Lydia Swap, announced they’re launching a decentralized exchange platform for Avalanche and Ethereum assets.

• Axelar teased BTC on Avalanche via their cross chain solution.

• Stats:

  • 1,139 assets issued on the X & C chains

  • 40,977 total AVAX burned 🔥 - ↑ 6,054 from last week

Stuff for Devs

• Avalanche Workshop | Chainlink Hackathon Workshop featuring Connor Daly

• The Avalanche Learn Pathway Tutorial Series by Figment Learn has published a set of tutorial videos

• Developer Docs are now available in French

• Ortelius v1.3.0 released

Ecosystem

• You can now see ARC20 token holder lists in Avascan. Read more in their blog.

• Small Updates from the Avalanche Ecosystem excellent roundup video by Cedernets

• Gabriel Cardona, Stephen Buttolph, Aaron Buchwald & Jay Kurahashi-Sofue will be discussing the Apricot Upgrade on Clubhouse at March 29th, 1:00 PM EDT

• Pangolin Governance will likely be starting earlier than expected, now anticipated between April 2nd and April 9th.

• Some ideas for a Pangolin roadmap by Hari Seldon

• Farm Snowballs changed their name to YieldYak to avoid confusion with Throw Snowballs

• AVAX Payment Poster Generator, use this site to create posters for accepting AVAX in person (via QR code).

• An Avalanche Facebook Group was created

• Fun site to a AVAX hat to your profile pic alternatively tag @AvaxBot on twitter and you’ll automatically get a hat :)

Podcasts, Interviews & Misc

• Avalanche on Clubhouse: Scaling Global Crypto Communities with Rocky Rock, Patrick Sutton, Sinan Mellaart & Jay Kurahashi-Sofue

• How to Launch Your Blockchain Startup? Webinar featuring Gabriel Cardona

• Subnets: The Secret Weapon of Avax Scaling by J Stodd

• Blocknet held an AMA on their Avalanche integration. I highly recommend skimming through the doc as it highlights why teams may choose Avalanche subnets over other options.

Upcoming Dates

• Mar 28: Deadline for Encode Avalanche Club Accelerator applications

• Mar 29: Avalanche on Clubhouse: All Things Apricot

• Mar 31: Apricot Upgrade goes live

• June 7: Crowdsale AVAX tokens unlock

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 / @EdwardWilll on twitter or @edwardwill1 on telegram.