This Week in Avalanche, Mar 12 2021
Avalanche Major News
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State of Avalanche: Q1 2021 by Emin
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The Blocknet to extend the power of Avalanche’s subnets with a decentralized indexing system and eventually will be migrating its own chain to Avalanche.
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Frax Finance are moving a portion of their stablecoins to Avalanche via the aeb. They are exploring native deployment on the C-Chain if demand is sufficient.
Staking (P-Chain)
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AvalancheGo v1.2.2 and v1.2.3 released – Patches include stability, performance, and monitoring improvements.
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The Avalanche Foundation mistakenly set their validator delegation fees at 2% – To support decentralisation avoid delegating to them.
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Avascan renewed their Ditto & Lazy Snorlax validators. Delegate to them to earn SCAN tokens.
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78.55% staking ratio (299,937,734 AVAX) – ↑ 0.2% from last week
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~9.61% current staking reward per year
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866 Validators – ↑ 29 from last week
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Asset Layer (X-Chain) and DApp Layer (C-Chain)
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JustLiquidity has integrated Avalanche into it’s JulWallet
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AVAX Fees, a site to calculate your total fees spent on the C-Chain by qsvtr
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An NFT Market Place that is run using memos on the X-Chain. N.B. this is not trustless.
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Two separate projects called Snowball(s) Finance launched, both are automated yield farming platforms.
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snowballfinance.info (SNOB token)
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snowballs.finance (SNOW token)
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PandaSwap is launching an AMM on the C-Chain soon
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YetiSwap are developing a NFT marketplace
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Stats:
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2,564 assets issued on the X & C chains – ↑ 246 from last week
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28,702 total AVAX burned 🔥 – ↑ 4,711 from last week
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Stuff for Devs
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Metamask: How to change the network configuration by code by Patricio López. Live Dem & Github Repo.
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Full Avalanche chain indexing is now available from Covalent
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Avalanche Docs are now available in Japanese
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SIMBA Chain – Avalanche Webinar with Join Anjon Roy, Tom Cooksey, and Aaron Buchwald
Ecosystem
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The Encode Avalanche Club Accelerator was announced. It’s a dedicated accelerator for turning Avalanche focused projects into full-fledged startups. Apply here.
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BTC and BCH VMs will be ported over to Avalanche as subnets with all utxos
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Markr are building a portfolio management and tracker tool (like Zapper)
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CoinGecko now have a “Avalanche Ecosystem Coins” category
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AVAX is now available on Simplex for purchase via debit or credit card
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OIN Finance will allow users to mint it’s stablecoins with AVAX
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Avascan (and consequentially Coingecko) are now showing real time AVAX supply data. Read more about what they’ve been up to in their blog.
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Hari Seldon had some thoughts on the future of Pangolin development. The Pangolin governance forum has also been quite active.
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Zero Exchange gave an update on their minter function
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AVAX was added to Swipe wallet
Podcasts, Interviews & Misc
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Avalanche on Clubhouse with Jay Kurahashi-Sofue, John Nahas, Sinan Mellaart and Gabriel Cardona. I highly recommend listening to this!
