This Week in Avalanche, September 26, 2021

Published by AVAX on September 28, 2021

Avalanche Major News

Avalanche had a major upgrade (Apricot Phase 4) which significantly reduced the contention in the consensus engine and the c-chain fees
Yield Yak received $100,000 from Avalanche Rush program for its open-sourced on-chain DEX aggregator
Avalanche celebrates its 1 year anniversary

Stats

63.47 staking ratio (248M) – up 6.48% from last week
~10.07% current staking reward per year
1027 Validators – down 15 from last week

Ecosystem

Trader Joe surpassed $1 billion TVL
Avalaunch published the details of the upcoming Hurricane Swap IDO
Hurricane Swap received investment from Huobi Ventures
Pangolin (PNG) got listed on BitMart Exchange
Pangolin team shared a sneak peak of their upcoming product Pangolin Academy
Avvy Domains, a naming system on Avalanche, announced that they have started to collaborate with Ava Labs for building the infrastructure
Transak, a fiat on-ramp platform, integrated Avalanche c-chain
Vee Finance had an exploit
- ~$35 million worth of ETH and BTC was compromised
- More information can be found on Vee Finance latest update

AVME announces beta testing of their web browser

Looking for new projects? Check out Avalaunch for upcoming IDO’s and token sales.

DeFi

Elk Finance and Trader Joe announced a trading competition
Teddy Cash described how their protocol allows you to lend more than other lending platforms
Kyte One (formerly Koala Finance), published a development update from
Penguin Finance published the details of the upcoming Boo Finance IDO
Yield Yak adds new staking options
Kalao completes the IDO of their KLO token on Avalaunch
Snowball governance passed votes to update their monetary processes
BENQI posts a monthly recap of their historic first month
PartySwap gives a weekly update after their first week
WOWswap lists their token on Pangolin
EverestDAO options platform finished their IDO and is now live
Lydia Finance will list on BitMart Exchange
Canary Exchange’s prediction game is online
Avacash.Finance announces their tokenomics
Sherpa Cash has set up their governance snapshot voting

New Yield Farms

Swift Finance
Refer to Vfat for more farms. DYOR before aping!

Games & NFTs

A single 3D animation art NFT got some attention
YAY Games published their roadmap
AvaxCoins joined Avaware projects
NovaX published a weekly recap
Frost Finance launched Hero NFTs
Penguin Finance brought back The Penguin Emperor king of the hill game for their new staking token iPEFI
Chihuahuax announces their NFT collection
AVAX TREEZ reveals their new NFT collection

New NFT Projects

Partnerships

Interested in the projects mentioned above? You can use Coin98 Mobile Wallet to trade the native tokens of these projects.

Stuff for Devs

AVME browser extension has been published for beta testing
AvalancheJS v3.9.0 went live
Ava Labs engineer Connor Daly suggested building a gas tracking tool for Avalanche
Moralis has started publishing tutorial on building dApps on Avalanche using their tools
A new tutorial on running a 5-node local Avalanche network has been published
A new section to the tutorial on funding a local network has been added

Podcasts, Inteviews & Misc

Avalanche & OpenOcean AMA Recap
Subnet Podcast feat. Jomari Peterson
Avalanche Ecosystem Roundup 19-SEP, by CederNet
Guide to Everest DAO IFO, by CederNet
Avalanche: Price Discovery, by Benjamin Cowen
Verso Finance Interview With Ecosystem Development Lead
President John Wu on Nasdaq Trade Talks
Heroes of NFT AMA

Other

Mainnet 2021 attendants got a surprise from Avalanche
Husky team shared their vision on their upcoming merchandise and eShop store
Avaxholic published a new website

Upcoming

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 on Twitter: @WeekInAvalanche

Categories: Weekly