Avalanche Major News

• Stake DAO now offers incentivized AVAX staking

• Onomy Protocol is bringing Forex Trading to Avalanche 

• Tenderly integrates its developer platform into Avalanche, which will offer advanced tools for developers to debug and monitor their dApps

Stats

• 55.12 staking ratio (212,801,401) – up 0.63% from last week

• ~10.38% current staking reward per year

• 996 Validators – up 19 from last week

Ecosystem

• AVME project’s smart contracts are being audited by Certik

• Chainlink data feeds went live on mainnet

• AAVE prepares for Avalanche deployment

DeFi

• Elk Finance partnered with Reef Finance

• Pangolin partnered with DeFi Yield Protocol (DYP)

• Complus Network, one of the earlier Avalanche DEXes, launched on Polygon

• Canary Exchange announced that they are integrating Chainlink to create a price prediction Dapp

• Algorder, a limit order Dapp exclusive to Avalanche, released their roadmap

• Lydia Finance launched LYD staking contract for AVAX rewards

• Avalanche Today has been covering controversial projects such the silence of Birdy Finance, Osiris selling, Gondola selling, and Canopus token supply distribution

• Trader Joe started rewarding HUSKY-AVAX pair as the first project on its Grown on Avalanche program

• Pangolin is having a discussion on “Universal Guidelines” for rewarding new liquidity pairs

• Yield Yak’s DEX aggregator goes into Alpha mode

• Penguin Finance is holding a meme competition for their Sherpa IDO

• Snowball completes their Sherpa IDO in 4 days with an NFT distribution model

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

Games & NFTs

• Snowflake NFT marketplace started giving badges to original NFT projects as a response to counterfeit Sherpa IDO ticket NFTs

• Kalao, a VR-enabled NFT marketplace, provided a sneak peak of their platform

• Avaware adds an NFT gallery to its NFT marketplace

Airdrops & Giveaways

• Elk Finance is giving away 3 CryptoComanions NFTs

• Yield Yak is giving away $100 and 3 YAK (!)

• Verso Finance is giving away 500 VSO

• Olive is giving away 1500 OLIVE and 3000 AVE

Stuff for Devs

• AvalancheGo v1.4.10 was released which enables custom virtual machines (VMs)

  • This means that any validator can create a purpose-made subnet

  • An example of a very simple custom VM is available on Ava Labs Github repository

Podcasts, Inteviews & Misc

• Collin Cusce interviewed core Cosmos contributor

• Pangolin July 14, 2021 AMA was uploaded to YouTube

• thetie.io published an overview article of Avalanche ecosystem

• Flashback, upcoming ticketing platform on Avalanche, had an AMA session

• Ivan on Tech, a prominent Youtuber, invited Emin Gün Sirer to do an interview on Avalanche

• Pangolin weekly newsletter was published on July 13, 2021

• avaxstore.com started selling Avalanche merchandise

• Blockfolio highlighted the top news from Avalanche ecosystem in their latest weekly signal article

• Emin Gün Sirer will be speaking at Chainlink’s Smart Contract Summit

• President John Wu was interviewed on a podcast with Paul Barron

• John Wu will also be joining a webinar on Avalanche

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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

Special thanks to everyone who helped curate content:
Efe (efe.kim) @BestCoderNA

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