This Week in Avalanche, May 14 2021
This Week in Avalanche, May 14 2021
Avalanche Major News
AVAX is listed on BtcTurk PRO
Apricot Phase 2 went live
Ceramic integrates with Avalanche to offer cross-chain identity management
GnosisSafe will be coming to Avalanche
A $20,000,000 venture fund for developing Avalanche ecosystem was launched
Stats
78.51 staking ratio (300,752,660) - ↓ 0.15% from last week
~10.55% current staking reward per year
965 Validators - ↑ 29 from last week
Asset Layer (X-Chain) and DApp Layer (C-Chain)
Pangolin shared core team member salaries and bounties
The Blocknet, a protocol suite for cross-chain interoperability, is in the process of migrating to Avalanche network, and they launched their token on Pangolin
SherpaCash, upcoming privacy coin, will randomly distribute 200,000 Sherpa to their 1000 followers (submission form is closed)
Gondola Finance also had an airdrop campaign to reward early stakers and compesate stakers who had suffered from a staking bug
Other airdroppers were Complus network and YieldYak
Complus Network is working to expand to Polygon network, which would be the 4th chain Complus supports
BenQi had an audit on the fairness of their token sale and ran a supplemental sale
Avalanche charting on ChartEx is now live
ZeroExchange is working on improving their cross-chain bridge, and they also burned $11,740,000 worth of ZERO tokens to offset the high emission rates
$XAVA, the token of Avalaunch project got listed on Pangolin and reached $20,000,000 transaction volume in a day
Lydia Finance is planning to implement autocompounding and staking
Lydia Finance also reaches $10,000,000 in liquidity locked
Snowball introduces SNOB staking to improve their governance
Ömer Demirel joins both Snowball and Sherpa Cash as a strategic advisor
Husky, first community driven dog coin on Avalanche, had a stealth launch on May 12, 2021
An early adopter of Husky burned 8% of the total supply for fairness
Olive added Husky to their staking rewards
Shibavax, another dog coin, will be launched today by Baguette team
Baguette developers are no longer anonymous
Birdy Finance, a yield farm, recently launched
Birdy Finance, Penguin Finance, and Gondola Finance all implemented timelock features
New NFT projects, namely Avaxcells and Cubetarium, are now on Avalanche
CryptoDappers, another NFT project, is also planning to launch soon
Stuff for Devs
Ava Labs is hiring: There are over 30 job position
Ava Labs development update was released just after our last week’s newsletter
Pangolin developer Connor Daly shared his tips on getting started with becoming a smart contract developer
AvalancheJS v3.4.1, which fixes issues regarding dependencies, went live
Ecosystem
markr.io is now easily accessible from Pangolin account pages, and they also plan to add token pages with charts
Coin98 Wallet added support for Avalanche c-chain tokens, namely SNOB, PEFI, ZERO, YTS, BNF, OLIVE, COM, BAG, BIFI, and XAVA
Ledger added full Avalanche support for their hardware wallets
Unifty held an NFT competition
Podcasts, Inteviews & Misc
Complus Network held an AMA on May 9, 2021
Leaders from important blockchain projects, such as Avalanche, Fantom, and Lunar Crash, came together on Clubhouse to talk about creating a community champion
On another Clubhouse Ava Labs members discussed the feature of launching startups
Emin Gün Sirer talked all about Avalanche on CoinGecko Podcast
Collin Cusce had a Twitch stream covering latest news from Avalanche
Elk Finance, a multichain DEX both on Avalanche and Polygon, had an AMA session with Polygon
John Wu discussed hedge funds and crypto space with Mark Yusko
Upcoming Dates
On the next week’s Clubhouse on May 17, John Wu from Ava Labs and Garry Tan from Initialized Capital will discuss evaluating blockchain projects
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 / @Best_Coder_NA on twitter or @BestCoderNA on telegram.
Special thanks to everyone who helped curate content:
@DefiAvax@demirelo@CryptoNdw Efe (efe.kim)