This Week in Avalanche

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This Week in Avalanche, May 28 2021
www.weekinavalanche.com

This Week in Avalanche, May 28 2021

This Week In Avalanche
May 28, 2021
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Share this post
This Week in Avalanche, May 28 2021
www.weekinavalanche.com

Avalanche Major News

  • Marginswap launched their money market on Avalanche

  • Curate will enable AVAX payment option

  • Mexico's Chivas will auction NFTs on Avalanche

Stats

  • 66.22 staking ratio (254,233,337) - ↓ 11.9% from last week

  • ~10.50% current staking reward per year

  • 984 Validators - ↑ 0 from last week

  • Over 100,000 AVAX have been burned from transaction fees

Ecosystem

  • Sherpa Cash had over 2000 contributions in the public trusted ceremony and became the largest trusted ceremony ever

  • MarginSwap launched its decentralized money market on Avalanche, which enables spot and cross margin trading for AVAX

    • Liquidity providers on Pangolin can now farm more PNG by borrowing assets on MarginSwap

  • Curate, a marketplace for minting NFTs and trading variety of physical and digital goods, will integrate with Avalanche

  • Verso, the first and only decentralized micro-finance project on Avalanche, partnered with Wallet Engine

    • “Wallet Engine powers embedded wallets withing various apps, such as gaming, streaming, travel and many more”

  • BENQI partnered with Halborn to optimize the security of their protocol

  • Avaware, a group of developers “excited to bring cutting edge application into the Avalanche network”, launched their token AVE on Pangolin Exchange

  • Avaware also announced their first decentralized game Avador Empire

  • PNG-VSO and AVAX-VSO liquidity pools started receiving PNG rewards

    • Snowball and YieldYak started auto-compounding these pools

  • Osiris made changes to their token contract, which should fix the issues that were in the presale

  • Vfat, a third-party web interface for interacting with smart contracts, now supports 13 different projects on Avalanche network

NFTs

  • Husky launched the first NFT-collateralized merchandise on Avalanche network

  • Chivas, Mexico's most popular soccer club, will auction unpublished curated material as NFTs on Avalanche network in celebration of their 115th anniversary

  • Toppslaunched Bazooka Joe NFT collection

  • CryptoDappers lauched their marketplace

Airdrops & Giveaways

  • Sherpa Cash giveaway to random 1000 contributors

  • Lydia Finance lottery

  • Hurricane Swap giveaway

  • Canary Exchange giveaway

  • Avaxino giveaway

  • Avaware giveaway

  • Elk Finance SNOB, ELK, and AVAX giveaway

  • Verso trading competition on Gate.io

Stuff for Devs

  • AvalancheJS v3.5.0, which enables listening transactions for a given address in real-time, went live

  • AvalancheGo v1.4.5 also went live

  • NFTrade set up a subgraph for querying NFT-related data on c-chain

Podcasts, Inteviews & Misc

  • Lee A. Schneider joined Ava Labs as a General Counsel

  • Elk Financewill host an interview with Snowball today

  • Ava Labs President John Wuspoke to Fortune Magazine regarding proof of stake alternatives

  • Benjamin Cowen uploaded a video guide for staking/delegating AVAX tokens

  • CederNet hosted an interview with Avalaunch

  • Ava Labs Vice President of Marketing Jay Kurahashi-Sofue discussed what are needed to grow DeFi brands

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)

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