Avalanche Major News

• Polychain Capital and Three Arrows Capital lead $230M investment in Avalanche

• Avalanche will have a major upgrade which will further reduce c-chain fees and significantly reduce the contention in the consensus engine

• Kalao partnered with Avalanche to bring virtual reality enabled NFT ecosystem

• Kyber Network, a DeFi liquidity app, joined Avalanche Rush program with $5M allocation

Stats

• 57.99 staking ratio (227M) – down 0.80% from last week

• ~10.07% current staking reward per year

• 1048 Validators – up 20 from last week

Ecosystem

• TrustWallet added support for Avalanche c-chain

• Dex.guru, an advanced charting tool, integrated Avalanche

• Avalaunch opened registrations for the Kalao IDO

• Kalao described their token utility

• Avalaunch made changes to its platform based on the feedback they got on their first IDO

• Avalanche Foundation asked for Aave community’s support for the deployment of the protocol on Avalance

• LATOKEN exchange announced that they will list Avalanche (AVAX)

• Bitmart Exchange announced that they will list Lydia Finance (LYD)

• AVME announced to launch a browser plugin that allows interacting with Web3 using the AVME wallet

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

DeFi

• Alpha Finance announced to launch their leveraged yield farming protocol Alpha Homora v2 on Avalanche C-chain

• Vee Finance, latest lending protocol on Avalanche, launched and secured $300M liquidity

• Trader Joe announced to launch their lending platform Banker Joe on October 4

• Yield Yak launched a single-sided QI farm

• Penguin Finance lanuched the first SushiSwap yield farm on Avalanche

• Penguin Finance also launched many more pools

• Maximizer, a “no-selling” autocompounder, launched on Avalanche (Warning: They have fraudulent partnership claims)

• Pangolin integrated advanced charting to their token pages

• Snowball reached $100M TVL

• Yield Yak released the Mini Yak token

• Sherpa Cash app launched

• Tornado Cash proposed to deploy on Avalanche

• Avacash.finance, another Tornado fork, launched on Avalanche

• Teddy Cash explains how its TSD stablecoin stays stable

New Yield Farms

• The Dragon’s Lair – $6M TVL

• Arctic Finance – $1M TVL

• Onyx Farm – $32K TVL

• Avaeagle – $26K TVL

• AvaMax – $11K TVL

• Eskimo Farm – $5K TVL

• TeddyDeFi

• Unvest

• DYOR before aping! A recent yield farm “Crypto Yield Focus” abandoned project.

Games & NFTs

• YAY Games shared the litepaper of their upcoming game NFT game Bold Point

• Husky launched their 3D NFT collection and sold out all of the 5,000 NFTs

• NovaX shared the features they are working on for their space NFT game

• YetiSwap launched their marketplace and a mini NFT collection along with that

• Frost Finance shared a teaser of their upcoming NFT game

• Avaware launched NFT staking for their NFTs

• CryptoSeals shared their work on combining HatchyPockets with their seals

New NFT Projects

• Hodo Network

• Tortuga Coin

• Avax Bros

• Crypto Vikings

• Neon Monsters

• Avax Cats NFT

• Bridge Project

• Chest Project

• Power Güns

• Avamon

• Avax Whales

• xGOATZ

• Avax Wildlife

• JoyBoys

• Tubby Reindeer

• Three Dice Roll

• Royal Family

Partnerships

• Pangolin X OpenOcean

• KUU X Vee Finance

• Pangolin X Ape In

• TraderJoe X Husky

• NovaX Game X Mandarins App

Airdrops

• Vee Finance completed two rounds of airdrops for beta testers

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

Stuff for Devs

• Apricot Phase 4, which includes Snowman++, is scheduled for September 22

• Snowman++ was activated on Fuji Testnet

• Winners for the Avalanche Developer Contest have been announced

• Ava Labs engineer Connor Daly described how Avalanche Bridge achieves to be cheap and secure

• Emin Gün Sirer and Gabriel Cardona will be judges on Chainlink fall hackathon

Podcasts, Inteviews & Misc

• Avalanche featured on Forbes

• Subnet Show – Coreth and C-chain

• John Wu on CNBC’s Squawkbox

• Avalanche Spaces with Pocket Network

• Jay Kurahashi from Ava Labs on Defi Slate

• Intro to Sherpa Cash, by CederNet

• Intro to AVME, by CederNet

• Avalanche Ecosystem Roundup, by CederNet

• Teddy.Cash Review, by Truemiller

• Updates from International Avalanche Community

• Twitter thread on Avalanche by Jay Kurahashi-Sofue

• TraderJoe’s Bulletin Board

• Pangolin Newsletter #15

• TrueMiller reviews Teddy Cash

Upcoming

• Emin Gün Sirer will speak on Mainnet 2021

• Gabriel Cardona will be a feature speaker at WYO Hackathon

• Token Weble AMA

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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

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