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

• Voyager will enable AVAX transfers & staking

• 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

• ChartEx has redesigned its membership criteria

• 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

• BENQI X AMPL

• Yay Games X Kalao

• Yay Games X DeSpace

• Penguin Finance X Everest DAO

• Verso X Hurricane Swap

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

• Kaira, a social media NFT platform, is ready to launch

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

• Platypus launched a testned competition with $3k prize pool

Podcasts, Inteviews & Misc

Audio & Video

• All Access with Emin Gün Sirer - Ep. 3

• Subnet Podcast feat. Kurtosis Co-Founder

• Pangolin Spaces with Ankr

• Pangolin Spaces with OIN Finance

• Pangolin Spaces with Autonomy Network

• Pangolin Spaces with Colony

• Intro to Penguin Finance, by CederNet

• Avax Podcast feat. Trader Joe co-founder

Articles

• Elk Finance & YetiSwap AMA Recap

• Avalaunch & Crabada AMA

• Twitter thread on DeFi 2.0, by Pangolin COO Leo

Newsletters

• Novax Weekly Recap

• Pangolin Weekly Newsletter

• Snowball Weekly Newsletter

• YAY Games Monthly Recap

• Vee.Finance Weekly Report

• Colony's October Newsletter

• Trader Joe Bulletin Board

---

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