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This Week in Avalanche, Oct 8 2020
Avalanche News
Q3 2020: Avalanche-X Grants have been announced. 7 teams have been funded to help build out the Avalanche ecosystem. Congrats to Avascan, VScout, aBlock, Magic (formerly Fortmatic), Halborn and Tesseract for being awarded grants!
The first wave of staking rewards (those who staked for a two week period) have been distributed successfully.
Avascan have launched their SCAN token. It can be earned through delegating AVAX to Avascan validators.
The Avalanche Community Forum launched. Get involved & introduce yourself.
Staking (P-Chain)
How to get “real-time alerts” from your Avalanchego Validator Node - written by Burcusan.
Work is ongoing to index the P-Chain. After this is complete the explorer will be much more useful when interacting with the P-Chain.
Stats:
73% staking ratio (263,133,821 AVAX) - ↑ 7% from last week
~11% current staking reward per year
532 Validators - ↑ 24 from last week
Asset Layer (X-Chain)
159 assets have been issued on the X-chain - ↑ 40 from last week
Dapp layer (C-Chain)
Work is ongoing to stabilise the C-Chain.
Stuff For Devs
The Avalanche Postman collection (originally built by Gabriel Cardona) is now hosted on the Ava Labs Github. If you're copying curl commands from docs & pasting in to a terminal then leveraging this Postman collection will have a massively positive impact on your workflow.
Ecosystem
AvalancheHub launched a YouTube channel
Ava Labs have evolved their brand identity to be more in line with their role in the Avalanche ecosystem moving forward
Collin Cusce has some ideas about how Initial Subnet Offerings may become a compelling way to raise funds & bootstrap a network.
Binance have disabled withdrawals for AVAX. Hopefully they will be resumed soon but consider using a different exchange for the time being if you want to stake after you buy. Ava Labs have reached out to help solve any issue.
Protocoh released a map showing the approximate location of validator nodes globally. It’s very decentralised :)
Podcasts, Interviews & Misc
The October 7th MoneyDance videos are available here. It includes talks from Sam Bankman-Fried (Serum), Zhen Yu (Torus) and Kendrick Nguyen (Republic).
If you don’t have time to listen to SBF’s MoneyDance talk he summarised it in a tweet storm.
Emin appeared in an interoperability panel for the LA Blockchain Summit.
Upcoming Dates
Sept 28 - Dec 9: MoneyDance Hackathon
Oct 12: Next round of speakers for MoneyDance
Dec 9: MoneyDance Demo Day
About me & the newsletter
I’m a long term investor & enthusiast in the space. I’ve been interested in Avalanche for a while & decided to start this to keep up with the project & hopefully enable others too as well. If I’ve missed anything or you want me to include something for next week please let me know! You can reach me at @_ed1990_ on twitter or @edwardwill1 on telegram.