This Week in Avalanche, June 4th 2021

Avalanche Major News

• Chainlink price feeds went live on Avalanche testnet DappRadar began tracking many of the dapps on c-chain

• RenVM released their bridge to Avalanche, bringing over BTC, BCH, DOGE, and LUNA

• Knit Finance will integrate Avalanche, which will enable trading wrapped AVAX and PNG tokens on other chains

• BIFROST will enable Avalanche dapps to function accross chains

Stats

• 57.38 staking ratio (220,778,910) – ↓ 8.8% from last week

• ~10.45% current staking reward per year

• 969 Validators – ↓ 15 from last week

• AvalancheJS was downloaded more than five thousand times on June 3, 2021

Ecosystem

• Avme.io, aiming to be the first decentralized anti virus, released their wallet and whitepaper

  • Avme.io’s wallet is the first native Avalanche c-chain wallet

  • It is possible to earn AVME by staking AVME-AVAX PGL

• Pangolin released their roadmap and the core team has officially been hired

• A new Pangolin governance proposal concerning rewards has been submitted

• Avaware announced that they are working on a decentralized game, an NFT marketplace, and a news platform

• Markr.io shared a sneak peak of their upcoming multi-DEX swap page

• Unclaimed BAG tokens that worth $1 million were burned

• Avalaunch farms went live

• Penguin Finance announced that they will release their own launchpad

• Penguin Finance will also start auto-compounding certain pools

• Canary, another DEX, went live

• AVAX got listed on BitTurk

• AVAX will also be listed on BitMart

• AllianceBridge, which supports multiple chains including Avalanche, launched their testnet

• TokenPlace used Avalanche to save $200k on gas fees

• Avalaunch joins the Yield Yak Board of Friends

• SPORE is campaigning its community to vote on adding SPORE pairs to Pangolin

• Snowball distributes its first round of fee sharing to xSNOB holders

NFTs

• YetiSwap began beta testing of their NFT marketplace

• Kalao announced that they will release an NFT marketplace for both x-chain and c-chain

• Chivas released the guide for claiming their NFTs

• Penguin Finance announced their own collectibles

Airdrops & Giveaways

• AVXT tokens will be distributed to Avaxtar owners

• Social media followers will also get some AVXT tokens

Stuff for Devs

• Now you can demonstrate your technical skills to boost up your application to Ava Labs

• May 28, 2021 Weekly Engineering Update

• AvalancheJS v3.5.1 went live

Podcasts, Inteviews & Misc

• CederNet covered staking AVME wallet and decentralized margin trading with Marginswap

• Benjamin Cowen uploaded another video regarding AVAX

• Covalent and Gabriel Cardona discussed the roadmap of Covalent

• Arcane Bear interviewed Emin Gün Sirer

• AvaLabs team meets in Bitcoin Miami

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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:
@DefiAvax@demirelo@CryptoNdw Efe (efe.kim)