This Week in Avalanche, May 28 2021
Avalanche Major News
Marginswap launched their money market on Avalanche
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Chivas, Mexico's most popular soccer club, will auction unpublished curated material as NFTs on Avalanche network in celebration of their 115th anniversary
CryptoDappers lauched their marketplace
Airdrops & Giveaways
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
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)