This Week in Avalanche, May 7 2021

Avalanche Major News

• Ava Labs released the code for Apricot Phase Two

• The new Avalanche website went live

• dYdX listed AVAX perpetual futures contracts

Staking (P-Chain)

• Stats:

  • 78.66 staking ratio (301,294,131 AVAX) - ↑ 1.2% from last week

  • ~10.55% current staking reward per year

  • 936 Validators - ↑ 21 from last week

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

• Baguette went live on May 1st surpassing $4.6m in liquidity

• Gondola Finance farms launched on May 3rd

• Complus Network added new LP pair COM/USDT

• OliveSwap added new LP pairs GDL/AVAX and SPORE/AVAX

• LydiaFinance launched staking pools allowing stakers to earn LYD or SNOB

• Chartex announced to launch on Avalanche instead of BSC and partnered with 0.exchange

• In liquidity, Pangolin surpassed $350m, Yield Yak surpassed $25m, Penguin Finance surpassed $30m, Gondola Finance surpassed $20m

• Avalanche community (Snowball, Elk, others) raised 700+ AVAX for India

• Avalaunch announced to follow Baguette’s airdrop model to distribute XAVA tokens

• Cosmic Roulette, an NFT project, launched on Avalanche and BSC

• Bitcasso, another NFT project, also launched on Avalanche and BSC

• markr.io launched their new UI full of new features

Podcasts, Interviews & Misc

• BenqiFinance hosted an AMA on May 3rd

• Fireside Chat Early May with @demirelo@CederNets on CederNet YouTube

• @notexeditor published The Avax #3 Podcast

• Proposed Pangolin core team hosted an AMA on Reddit

Upcoming Dates 

• AVME (Anti-Virus ME), a decentralized malware protection software, will launch between May 15th - May 31st AVME

• BtcTurk PRO, a centralized exchange, will list AVAX on May 10th

Ecosystem

• Multi-account added on the beta Wallet: https://wallet-beta.avax.network/

• Avalanche is #4 in blockchain network fees, and other metrics

Stuff for Devs

• Avalanche JS downloads peaks in top 5 downloaded day

• Crash course in smart contracts by Connor Daly coming soon

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)