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This Week in Avalanche, Mar 26 2021
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)
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 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.