This Week in Avalanche, May 7 2021

Published by AVAX on

Avalanche Major News
Staking (P-Chain)
  • Stats:

    • 78.66 staking ratio (301,294,131 AVAX) – ↑ 1.2% from last week

    • ~10.55% current staking reward per year

    • 936 Validators – ↑ 21 from last week

Asset Layer (X-Chain) and DApp Layer (C-Chain)
  • Complus Network added new LP pair COM/USDT

  • OliveSwap added new LP pairs GDL/AVAX and SPORE/AVAX

  • LydiaFinance launched staking pools allowing stakers to earn LYD or SNOB

  • Chartex announced to launch on Avalanche instead of BSC and partnered with

  • In liquidity, Pangolin surpassed $350m, Yield Yak surpassed $25m, Penguin Finance surpassed $30m, Gondola Finance surpassed $20m

  • Avalanche community (Snowball, Elk, others) raised 700+ AVAX for India

  • Avalaunch announced to follow Baguette’s airdrop model to distribute XAVA tokens

  • Cosmic Roulette, an NFT project, launched on Avalanche and BSC

  • Bitcasso, another NFT project, also launched on Avalanche and BSC

  • launched their new UI full of new features

Podcasts, Interviews & Misc
Upcoming Dates 
Stuff for Devs

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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 Shung

Categories: Weekly