Avalanche Major News

• Avalanche reaches 11B TVL!

• Topps launched 2021 MLB Series 2 Baseball NFT collection

• Jason M Peterson launched NFT of Kanye West Mural on Avalanche

Stats

• 62.66 staking ratio (245M) - up 0.18% from last week

• ~10.07% current staking reward per year

• 1089 Validators - up 43 from last week

• Avalanche DeFi surpassed $10 billion TVL

  • Aave - $4 billion TVL

  • Trader Joe - $3 billion TVL

  • BENQI - $2 billion TVL

  • Curve - $600 million TVL

  • Wonderland Finance - $500 million TVL

  • Pangolin - $250 million TVL

Ecosystem

• Avalaunch announced upcoming RocoFinance and Rise Online IDOs

• The Rome Terminal integrated KyberDMM and Pangolin

• Vee Finance announced to open a compensation pool on October 31

• Token Terminal, a data provider for DeFi projects, integrated BENQI and Yield Yak

• Nexus Mutual enabled their insurance services for Pangolin users

• Verso Finance published a quarterly update video

Looking for new projects? Check out Avalaunch for upcoming IDO’s and token sales.

DeFi

• Banker Joe lending platform launched, surpassing $2 billion in deposits

• BENQI has enabled USDT as collateral, with a collateral factor of 65%

• Snowball launched its folding strategies for Banker Joe

• Binary Cat, an options trading dapp on Polygon, announced to move to Avalanche

• KUU Finance indefinitely paused their liquidation program as the protocol failed to generate profit due to increased amount of liquidators on Avalanche DeFi

• Dexible, an algorithmic trading dapp, announced to integrate Avalanche

• Oh! Finance published an article on how they are different than other autocompounders

• 88mph.app, a non-custodial fixed yield rate protocol, integrated Avalanche

• DeFi Yield Protocol launched a $300,000 liquidity program on KyberDMM

• HurricaneSwap launched on Mainnet

• Penguin Finance enabled staking for their iPEFI token

• Penguin Finance launched new yield farms for Trader Joe and Pangolin

• DeFi Yield Protocol announced their new staking token iDYP

• Pangolin is now integrated with Rubic, a cross-chain DEX aggregator

• Yield Yak announces Yak Rush for additional incentives on compounding

• Beefy Finance reaches $140M TVL on Avalanche

• Sherpa Cash has a proposal to add the TSD stablecoin from Teddy Cash to its platform

Games & NFTs

• AvaxRarity, a rarity tool for NFTs, was launched

• YAY Games released a play-to-win competitive Pinball game

• YAY Games released another game called Doodle Pump

• NovaX released an update which introduces gameplay elements

• AVAX Coins, a collection of handcrafted coin NFTs, launched

• CryptoFrens, a collection of adorable fren NFTs, launched

• A catalog listing most NFT projects on Avalanche was published

Partnerships

• Pangolin partnered with HurricaneSwap, Rubic, Autonomy Network, and InsurAce.io

• YAY Games partnered with SmartEcoSystem for their upcoming smartphone release

• Lydia Finance partners with AVME

Interested in the projects mentioned above? You can use Coin98 Mobile Wallet to trade the native tokens of these projects.

Stuff for Devs

• The staking and c-chain activity dashboard got a visual overhaul

• A validator notification tool got released

• A custom VM simulator got published

• AvalancheGo v1.6.2 went live

• AvalancheJS v3.9.2 went live

• Open DeFi Hackathon winners have been announced

Podcasts, Inteviews & Misc

Audio & Video

• Avalanche Spaces: Avalanche Q&A with BENQI x Rome Terminal

• Subnet Podcast: Consensus deep dive with Avalanche Co-Founder Ted Yin

• Subnet Podcast: The Science of Yield Farming with Cryptofish

• Ivan on Tech: Interview with Emin Gün Sirer

• CederNet: Intro to Borrowing, Lending, and Leverage on Avalanche

• Pangolin Spaces with Teddy Cash

• Pangolin Spaces with Luigi D'Onorio DeMeo

• New Avalanche Tutorials

Articles

• Article on Avalanche Subnets by CryptoSeq

Upcoming

• Avalanche House: Leveling Up DeFi Panel is coming to Lisbon

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