This Week in Avalanche, June 11, 2021

Avalanche Major News

• DCTDAO launched their $2 Ethereum-Avalanche bridge, and started rewarding the pools of the bridged tokens

• NFT STARS will integrage with Avalanche to provide cross-chain NFT marketplace, initial NFT offerings, fractional NFT trading, and exclusive NFTs

• Wyre integrated with Avalanche, which enables seamless fiat-to-crypto transactions when using dapps

• Poolz, a cross-chain token auction platform, launched on Avalanche

• Avalaunch’s token XAVA is the first Avalanche native token to be listed on Kucoin with C-Chain integration

Stats

• 55.88 staking ratio (215,570,295) – ↓ 1.5% from last week

• ~10.39% current staking reward per year

• 973 Validators – ↑ 4 from last week

Ecosystem

• Snowball launched Governance v2 which will allow stakers to directly participate in on-chain proposals

• Markr.io launched a dex aggregator which allows swapping with the best prices

• Pangolin proposal to add SPORE pairs has passed and will go live Tuesday June 15th

• The Koala Finance shared a sneak peak of their upcoming prediction market

• Penguin Finance shared their feature plans and projects in a blog post

• Yield Yak added autocompounder pools for Canary Exchange, AVME, and Cycle

• AVAX got listed on Hotbit Korea

• Elk Finance launched new farms, namely HUSKY and AVE

• Pangolin & Canary teams work together to fix a vulnerability

• AVME is building an entire security suite

• Penguin Finance’s new auto-compounder is live

• Pangolin newsletter #2 has been published

• Olive Cash implements a Buyback and Burn contract

NFTs

• Unique Miniworlds NFTs can be bought on Snowflake Marketplace

• Crypto Dappers will enable NFT staking

Airdrops & Giveaways

• Hatchy Pocket, an upcoming NFT monster cards project, is doing a giveaway

• Pangolin is giving away 1000 PNG to Pangolin, Yield Yak, PEFI, and Snowball followers

• Penguin Finance announced that they are planning an airdrop for PEFI stakers

• Avapad, a new launchpad, is doing a giveaway

Stuff for Devs

• May 28, 2021 Weekly Engineering Update

• AvalancheJS v3.6.1 went live

Podcasts, Inteviews & Misc

• Avalanche Today, Avaware’s new product, started covering interesting news and project on Avalanche network:

  • Detailed coverage of Canary Exchange and Pangolin collaboration in patching a potential vulnerability

  • Overview of AVME

  • News of a new exchange called Trader Joe

• Daily news sources Avax Daily and Avaxholic are also gaining popularity

• Ava Labs President John Wu had an interview spree in Miami:

  • Had a chat with mayor Francis Suarez

  • Shared his thoughts on latest Bitcoin news on Bloomberg TV

  • Talked about the multi-chain future on Yahoo Finance

  • Got featured on a Bloomberg article

  • Shared his thoughts on the feature of green crypto on Bloomberg radio

  • Got also featured on Business Insider

• Avax Podcast interviewed Jomari Peterson of Snowball on its fifth episode

• Pangolin hosted an AMA with the Pangolin Team

• Crypto Eagles did an AMA with Hurricane Swap

• Hurricane Swap shared their solutions on cross-chain transactions

• CryptoRefills answered community questions on Avalanche Telegram

• Real Vision interviewed Emin Gün Sirer

• Based Space hosted Ava Labs marketing VP Jay Kurahashi-Sofue

• Emin Gün Sirer spoke on Blockchain For Europe Summit 2021

• BinanceFrench Telegram channel hosted an Avalanche AMA with an opportunity to win $400 AVAX

• Ava Labs developer Gabriel Cardona stated that Haskell smart contracts are coming to 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 at @WeekInAvalanche / @Best_Coder_NA on twitter or @BestCoderNA on telegram.

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