This Week in Avalanche, September 26, 2021
Avalanche Major News
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Avalanche had a major upgrade (Apricot Phase 4) which significantly reduced the contention in the consensus engine and the c-chain fees
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Yield Yak received $100,000 from Avalanche Rush program for its open-sourced on-chain DEX aggregator
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Avalanche celebrates its 1 year anniversary
Stats
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63.47 staking ratio (248M) – up 6.48% from last week
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~10.07% current staking reward per year
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1027 Validators – down 15 from last week
Ecosystem
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Trader Joe surpassed $1 billion TVL
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Avalaunch published the details of the upcoming Hurricane Swap IDO
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Hurricane Swap received investment from Huobi Ventures
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Pangolin (PNG) got listed on BitMart Exchange
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Pangolin team shared a sneak peak of their upcoming product Pangolin Academy
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Avvy Domains, a naming system on Avalanche, announced that they have started to collaborate with Ava Labs for building the infrastructure
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Transak, a fiat on-ramp platform, integrated Avalanche c-chain
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Vee Finance had an exploit
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~$35 million worth of ETH and BTC was compromised
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More information can be found on Vee Finance latest update
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AVME announces beta testing of their web browser
Looking for new projects? Check out Avalaunch for upcoming IDO’s and token sales.
DeFi
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Elk Finance and Trader Joe announced a trading competition
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Teddy Cash described how their protocol allows you to lend more than other lending platforms
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Kyte One (formerly Koala Finance), published a development update from
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Penguin Finance published the details of the upcoming Boo Finance IDO
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Yield Yak adds new staking options
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Kalao completes the IDO of their KLO token on Avalaunch
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Snowball governance passed votes to update their monetary processes
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BENQI posts a monthly recap of their historic first month
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PartySwap gives a weekly update after their first week
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WOWswap lists their token on Pangolin
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EverestDAO options platform finished their IDO and is now live
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Lydia Finance will list on BitMart Exchange
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Canary Exchange’s prediction game is online
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Avacash.Finance announces their tokenomics
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Sherpa Cash has set up their governance snapshot voting
New Yield Farms
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Refer to Vfat for more farms. DYOR before aping!
Games & NFTs
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A single 3D animation art NFT got some attention
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YAY Games published their roadmap
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AvaxCoins joined Avaware projects
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NovaX published a weekly recap
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Frost Finance launched Hero NFTs
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Penguin Finance brought back The Penguin Emperor king of the hill game for their new staking token iPEFI
New NFT Projects
Partnerships
Interested in the projects mentioned above? You can use Coin98 Mobile Wallet to trade the native tokens of these projects.
Stuff for Devs
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AVME browser extension has been published for beta testing
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AvalancheJS v3.9.0 went live
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Ava Labs engineer Connor Daly suggested building a gas tracking tool for Avalanche
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Moralis has started publishing tutorial on building dApps on Avalanche using their tools
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A new tutorial on running a 5-node local Avalanche network has been published
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A new section to the tutorial on funding a local network has been added
Podcasts, Inteviews & Misc
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Avalanche Ecosystem Roundup 19-SEP, by CederNet
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Guide to Everest DAO IFO, by CederNet
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Avalanche: Price Discovery, by Benjamin Cowen
Other
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Mainnet 2021 attendants got a surprise from Avalanche
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Husky team shared their vision on their upcoming merchandise and eShop store
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Avaxholic published a new website
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