This Week in Avalanche, Feb 5 2021
Avalanche Major News
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OKCoin listed AVAX. This means US citizens can now withdraw AVAX from exchanges.
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Velox is bringing its algorithmic trading system for decentralized exchanges to Avalanche
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Frontier is integrating Avalanche’s DeFi Ecosystem into their app
Staking (P-Chain)
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72.0% staking ratio (259,203,431 AVAX) ↑ 1% from last week
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~9.97% current staking reward per year
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808 Validators – ↑ 20 from last week
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Asset Layer (X-Chain)
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AVAX-VR – a cool visualisation of X-Chain txs in real time. Try spot yourself!
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1032 assets have been issued on the X-chain – ↑ 51 from last week
DApp Layer (C-Chain)
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Chainbridge (aeb) transactions are live on Avascan. Read more in their blog.
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Zero Dex launched on the C-Chain. They’re using their own bridge, use at your own risk. I am waiting for the bridge organised by Ava Labs & friends.
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C-Chain activity is rapidly increasing. Most likely due to the Zero Dex launch.
Stuff for Devs
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Stacktical (DSLA Protocol) are launching infrastructure risk management tools for Avalanche devs
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A formal bug bounty is in the works but for now contact security@avalabs.org, rewards are available.
Ecosystem
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OKCoin are airdropping $1M to their users
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Teaser for the Avalanche <> Ethereum Bridge (aeb). Bridge interfaces are coming very soon!
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Arrow DFMs explain how their products will help solve issues we’ve seen with GME & Robinhood
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The devs from Prospero have been experimenting with Pangolin on the Fuji testnet. It works!
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ICONOMI and Easy Crypto listed AVAX
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Summary of the AMA withYIELD.APP by Elvis Tile
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AVAX is set to feature in an upcoming (Turkish language) sci-fi movie
Podcasts, Interviews & Misc
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Emin shares his thoughts on MakerDAO
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Creating a Distributed Universe – panel featuring Emin
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Everything about Layer 2s and Ethereum Alternatives – interesting analysis by XVIX
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Chris Troutner speaking about the $AVAX <> $BCH bridge being worked on at the Permissionless Software Foundation
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Upcoming Dates
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Mar 9: Crowdsale AVAX tokens unlock
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.