This Week in Avalanche, October 17, 2021
This Week in Avalanche, October 17, 2021
Avalanche Major News
Avalanche reaches 11B TVL!
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%
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 another game called Doodle Pump
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
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
Subnet Podcast: Consensus deep dive with Avalanche Co-Founder Ted Yin
Subnet Podcast: The Science of Yield Farming with Cryptofish
CederNet: Intro to Borrowing, Lending, and Leverage on Avalanche
Articles
Upcoming
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