Avalanche Major News

• Preliminary Analysis of the Invalid Minting Bug by Patrick O’Grady

• Shroom Finance are launching on the C-Chain in Q1, also plans to launch a subnet later this year

• Injective Protocol is integrating with Avalanche to launch a diverse array of interoperable derivatives

Staking (P-Chain)

• Stats:

  • 80.05% staking ratio (288,189,484 AVAX) ↑ 7.5% from last week

  • ~9.83% current staking reward per year

  • 847 Validators – ↑ 20 from last week

Asset Layer (X-Chain)

• Avascan now lets you see NFTs in their explorer, e.g. this tx.

• 1119 assets have been issued on the X-chain – ↑ 34 from last week

DApp Layer (C-Chain)

• The Avalanche <-> Ethereum Bridge (aeb) is fully functional again. TVL currently sits at ~$125 million. Follow the stats for each token using this Dune Analytics dashboard.

• Pangolin has seen rapid adoption. TVL sits at ~$225 million with $30 million 24 volume.

• Rosco Kalis deployed his revoke.cash DApp, it lets you see and cancel any ERC20 approvals you’ve previous permitted.

• Complus Network (Uniswap style Dex) launched, COM liquidity mining is live

• Bao Finance are deploying “YetiSwap by Bao” on the C-Chain

• To watch AVAX burned by the C-Chain in real time use burnedavax.com – currently at ~11,000 or $450,000!

• How to setup Avalanche C-Chain on MetaMask and get testnet tokens – article by Toochi Ajah

• How To Move Tokens From Ethereum To Avalanche – article by Elvis Tile

• Pangolin Video Tutorials:

  • A Quick Overview of Pangolin

  • Setting up MetaMask on Pangolin

  • Swapping Tokens on Pangolin

Stuff for Devs

• An Avalanche-centric dev environment setup by Gabriel Cardona

• Ortelius v1.2.0 patch 1 released

Ecosystem

• Axelar is expanding its cross-chain communication network to include Avalanche.

• Roger Lu has been making insightful threads on Pangolin & Zero LP returns, read his latest here.

• Avascan update us on future plans in their blog

• Router Protocol is integrating to directly connect Router users to Avalanche DeFi

Podcasts, Interviews & Misc

• Avalanche Update Video by Coin Bureau

• Tweet thread from Emin on the recent network disruption

• ChainBridge 101 – CSCON[0] Polina Aladina

• The FTX Podcast #40 – John Wu President of AVA Labs
  .

Upcoming Dates

• Mar 9: Crowdsale AVAX tokens unlock

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About the newsletter

This Week in Avalanche is an independent newsletter that tracks 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 at @WeekInAvalanche / @_ed1990_ on twitter or @edwardwill1 on telegram.