This Week in Avalanche, November 8, 2021
This Week in Avalanche, November 8, 2021
Avalanche Major News
Avalanche Foundation launched Blizzard, a new ecosystem fund worth over $200M
SnowTrace, a fork of Etherscan for Avalanche, went live
Nexo, a crypto lender, integrated AVAX, offering instant swaps and tax-efficient AVAX-backed credit lines
Oh! Finance, a yield optimizer, launched on Avalanche
Stats
62.31 staking ratio (224M) - up 4.73% from last week
~10.07% current staking reward per year
1137 Validators - up 61 from last week
AVAX broke ATH
Ecosystem
A Uniswap v3 fork was launched on Avalanche
Chrtr.io, a new charting & trade-tracking tool, was launched
Gecko Terminal, another charting tool, was launched
CookieTracker, a portfolio tracking app, was launched
UniDexBot, a private limit order tool, integrated Avalanche
xPower, a new c-chain token distributed through proof-of-work, was launched
Although it was initially only mineable through browser, community made a CPU miner
Crabada, an upcoming play-to-earn game, will distribute its tokens through an Avalaunch IDO
Polychain and Three Arrows are backing Avalanche's $200 million-plus fund
Looking for new projects? Check out Avalaunch for upcoming IDO’s and token sales.
Partnerships
DeFi
Blizz, a lending protocol, will launch on Avalanche
Snowball’ StableVault is being spun off into a separate project called Axial
Oh! Finance, a yield chasing protocol, went live
Colony, an Avalanche ecosystem accelarator, committed $500k TVL to Oh! Finance
Vee Finance will have an IDO on Cobak, top crypto community in Korea
Lydia Finance will host Maximus IFO
Everest DAO and Penguin have partnered to give EVRT staking rewards to iPEFI holders
Vee Finance compensation pool went live
Snowbank, a new decentralized reserve currency, was launched
Trader Joe's new governance panel, Cultivation Club, went live
Snowball started a new weekly event in which they will discuss the latest updates at Snowball and answer any questions from the community
New & upcoming farms: Honey Farm, KingDeFi
Games & NFTs
Crabada, a play-to-earn NFT game, will launch on Avalanche
Kalao & Husky launched Sneazzy LP, the first musical NFT on Avalanche
New & upcoming NFTs: Chained Vampires, Boogey Birds, Bored Giraffe Academy
Interested in the projects mentioned above? You can use Coin98 Mobile Wallet to trade the native tokens of these projects.
Stuff for Devs
Developers need to re-verify their contracts on Snowtrace.io
Automata Network is launching a $20M incentive program
Moralis Web3 continues to release tutorials on building dapps on Avalanche
Podcasts, Inteviews & Misc
Audio & Video
Intro to Penguin Finance, by CederNet
Articles
Twitter thread on DeFi 2.0, by Pangolin COO Leo
Newsletters
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 on Twitter: @WeekInAvalanche