1/25
πΊ @avalancheavax Weekly Landscape
𧡠This thread will cover:
- Highlight numbers on Avalanche W24
- Highlight news on Avalanche W24
- Ecosystem deep dive
Let's dive in β¬οΈ
πΊ @avalancheavax Weekly Landscape
𧡠This thread will cover:
- Highlight numbers on Avalanche W24
- Highlight news on Avalanche W24
- Ecosystem deep dive
Let's dive in β¬οΈ
2/25
Some highlight numbers:
⬩ Ethereum bridge TVL: Avalanche ranked 3rd, with $1.3B+
⬩ DeFi TVL: Avalanche is still in 4th place, trailing Eth, BNB Chain, and Tron.
⬩ Avalanche also ranked 4th in L1s with the highest 7-day avg txs fees (excluding subnets).
Some highlight numbers:
⬩ Ethereum bridge TVL: Avalanche ranked 3rd, with $1.3B+
⬩ DeFi TVL: Avalanche is still in 4th place, trailing Eth, BNB Chain, and Tron.
⬩ Avalanche also ranked 4th in L1s with the highest 7-day avg txs fees (excluding subnets).
3/25
⬩ Highlight news:
- Avalanche Subnet Tutorial Contest:
This is a good way to allow developers who are familiar with the subnet to be recognized and earn rewards, as well as to make the newcomers more accessible to the subnet.
⬩ Highlight news:
- Avalanche Subnet Tutorial Contest:
This is a good way to allow developers who are familiar with the subnet to be recognized and earn rewards, as well as to make the newcomers more accessible to the subnet.
4/25
- Ava Labs Releases Core, an All-In-One Web3 Operating System for Avalanche
The non-custodial browser extension allows for seamless use of Avalanche dApps and tools. Core is also a dedicated wallet to easily interact with subnets, bridges, NFTs.
- Ava Labs Releases Core, an All-In-One Web3 Operating System for Avalanche
The non-custodial browser extension allows for seamless use of Avalanche dApps and tools. Core is also a dedicated wallet to easily interact with subnets, bridges, NFTs.
5/25
- Avalanche is not affected by the 3AC downfall
3AC has invested in many leading projects, including Avalanche. The community is concerned that 3AC may dump on every token or "manage" project's funds. Avalanche then clarified the situation
- Avalanche is not affected by the 3AC downfall
3AC has invested in many leading projects, including Avalanche. The community is concerned that 3AC may dump on every token or "manage" project's funds. Avalanche then clarified the situation
6/25
A community member spotted on-chain txs showing that 3AC has sold all $AVAX before this event happened. 3AC next vesting period is rumored to be 2024.
A community member spotted on-chain txs showing that 3AC has sold all $AVAX before this event happened. 3AC next vesting period is rumored to be 2024.
7/25
Another notable #AVAX project in 3AC's portfolio is @traderjoe_xyz. Trader Joe made it clear, no external party manages their treasury.
The allocation for investors only accounts for 10% total supply. The project is fair-launch, some comm members own more $JOE than VCs.
Another notable #AVAX project in 3AC's portfolio is @traderjoe_xyz. Trader Joe made it clear, no external party manages their treasury.
The allocation for investors only accounts for 10% total supply. The project is fair-launch, some comm members own more $JOE than VCs.
8/25
- Integration with #Chainlink VRF & Keepers
By collaborating with @Avalancheavax and numerous other projects on Avalanche, @Chainlink became the leading oracle of the ecosystem.
This integration gives #Web3 devs access to a variety of new tools
- Integration with #Chainlink VRF & Keepers
By collaborating with @Avalancheavax and numerous other projects on Avalanche, @Chainlink became the leading oracle of the ecosystem.
This integration gives #Web3 devs access to a variety of new tools
9/25
⬩ Ecosystem deep dive
- @OrchidProtocol - a project that focuses on data privacy and VPN services has announced a partnership with Avalanche. Anyone now can make an Orchid account with $AVAX and pay for VPN service by the byte using Orchidβs layer 2
⬩ Ecosystem deep dive
- @OrchidProtocol - a project that focuses on data privacy and VPN services has announced a partnership with Avalanche. Anyone now can make an Orchid account with $AVAX and pay for VPN service by the byte using Orchidβs layer 2
10/25
- @traderjoe_xyz
With many rumors about the collapse of 3AC and the bear market, many people have worried about Trader Joe. But the team is optimistic and claimed that they will be able to handle it in at least 1 more year with the $JOE treasury
- @traderjoe_xyz
With many rumors about the collapse of 3AC and the bear market, many people have worried about Trader Joe. But the team is optimistic and claimed that they will be able to handle it in at least 1 more year with the $JOE treasury
11/25
One positive thing is that, in a bear market, projects tend to lay off employees (Coinbase, Bybit, BlockFi...) to save costs, while @Traderjoe_xyz has recently been very active in hiring, expanding the team.
They also dropped a few hints about the upcoming DEX V2.
One positive thing is that, in a bear market, projects tend to lay off employees (Coinbase, Bybit, BlockFi...) to save costs, while @Traderjoe_xyz has recently been very active in hiring, expanding the team.
They also dropped a few hints about the upcoming DEX V2.
12/25
- @joepegsnft has launched their first NFT launchpegs. The project is @thepersonNFTs with a collection of 4k NFT. The Person became the collection with the largest trade volume on Joepegs as soon as it went on sale, sold out in roughly a day.
- @joepegsnft has launched their first NFT launchpegs. The project is @thepersonNFTs with a collection of 4k NFT. The Person became the collection with the largest trade volume on Joepegs as soon as it went on sale, sold out in roughly a day.
13/25
- @Platypusdefi has launched $BTC Pool.
You can earn $PTP in the newest BTC.b-WBTC.e pool. Users can also earn #AVAX as liquidity mining incentives bonus thanks to Avalanche Rush Program.
@Platypus.finance/btc-pool-launched-on-platypus-fees-updated-d9c6e98ff422" target="_blank" rel="noopener" onclick="event.stopPropagation()">medium.com
- @Platypusdefi has launched $BTC Pool.
You can earn $PTP in the newest BTC.b-WBTC.e pool. Users can also earn #AVAX as liquidity mining incentives bonus thanks to Avalanche Rush Program.
@Platypus.finance/btc-pool-launched-on-platypus-fees-updated-d9c6e98ff422" target="_blank" rel="noopener" onclick="event.stopPropagation()">medium.com
14/25
- @AaveAave: After the launch of Aave V3, this project has consistently been on the top of Avalanche TVL rankings. Additionally, the Aave V3 version on Avalanche accounted for nearly 75% of the entire protocol's total transaction fees
- @AaveAave: After the launch of Aave V3, this project has consistently been on the top of Avalanche TVL rankings. Additionally, the Aave V3 version on Avalanche accounted for nearly 75% of the entire protocol's total transaction fees
15/25
@YetiFinance: Many stablecoins have fallen during the down market, but YUSD - the 4th largest stablecoin by market cap on Avalanche is still well maintained $1 peg, due to their over-collateralization mechanism with guaranteed asset classes still working fine.
@YetiFinance: Many stablecoins have fallen during the down market, but YUSD - the 4th largest stablecoin by market cap on Avalanche is still well maintained $1 peg, due to their over-collateralization mechanism with guaranteed asset classes still working fine.
16/25
Recently Yeti Finance has also announced the Yeti Finance Advisory Committee or YFAC. YFAC was established with the purpose of increasing decentralization and encouraging the community to involve with the network.
Recently Yeti Finance has also announced the Yeti Finance Advisory Committee or YFAC. YFAC was established with the purpose of increasing decentralization and encouraging the community to involve with the network.
17/25
- @BenqiFinance
What happened to stETH makes some ppl have a doubt about sAVAX. However, unlike stETH, which cannot be redeemed immediately, but must wait until The Merge is completed, the case of sAVAX is completely different.
- @BenqiFinance
What happened to stETH makes some ppl have a doubt about sAVAX. However, unlike stETH, which cannot be redeemed immediately, but must wait until The Merge is completed, the case of sAVAX is completely different.
18/25
sAVAX can be redeemed for AVAX after 15 days. Or users can swap through @Platypusdefi pool with minimal slippage.
If there's an imbalance of sAVAX/AVAX exchange rate, arbitragers will act immediately.
You can earn ~18% with BENQI (7.5% staking AVAX and ~11% lending sAVAX)
sAVAX can be redeemed for AVAX after 15 days. Or users can swap through @Platypusdefi pool with minimal slippage.
If there's an imbalance of sAVAX/AVAX exchange rate, arbitragers will act immediately.
You can earn ~18% with BENQI (7.5% staking AVAX and ~11% lending sAVAX)
19/25
- NFT/Gaming
The NFT/Gaming niche on Avalanche has been very active lately. Many projects launched NFT sales and introduced their products:
@Platypusdefi 10k #PlatypusNFT Minting Soonπ
- NFT/Gaming
The NFT/Gaming niche on Avalanche has been very active lately. Many projects launched NFT sales and introduced their products:
@Platypusdefi 10k #PlatypusNFT Minting Soonπ
20/25
@playSHRAPNEL: The FPS shooting game launched the first NFT sale to introduce 5 characters of the Operator collection. Public Sale starts on June 16, held on OpenSea. Mint price is 0.05 $ETH.
@playSHRAPNEL: The FPS shooting game launched the first NFT sale to introduce 5 characters of the Operator collection. Public Sale starts on June 16, held on OpenSea. Mint price is 0.05 $ETH.
21/25
@playcastlecrush: The game made by Wildlife Studio held a Public Mint from June 13 to June 20. At the same time, the project also announced the partners who made the successful launch of Castle Crush Web3 possible.
@playcastlecrush: The game made by Wildlife Studio held a Public Mint from June 13 to June 20. At the same time, the project also announced the partners who made the successful launch of Castle Crush Web3 possible.
22/25
@playAscender: The open-world RPG game has just announced the official whitepaper. Every detail about the story, game economy, tokenomics, NFT, investors, and roadmap is stated in the whitepaper. The website has also been upgraded concurrently.
@playAscender: The open-world RPG game has just announced the official whitepaper. Every detail about the story, game economy, tokenomics, NFT, investors, and roadmap is stated in the whitepaper. The website has also been upgraded concurrently.
23/25
@BloodLoopGAME: An MMO-FPS game, with a decentralized economy, released Phase 1 - Official Pre-Trailer. The game is also powered by Avalanche.
@BloodLoopGAME: An MMO-FPS game, with a decentralized economy, released Phase 1 - Official Pre-Trailer. The game is also powered by Avalanche.
24/25
@DomiOnline: The project announced staking plan for $DOMI token holders. When players stake $DOMI, they will receive cTOKENs, which can be used to enable earning exclusive NFTs, skins,... $DOMI holders can also participate in governance voting.
@DomiOnline: The project announced staking plan for $DOMI token holders. When players stake $DOMI, they will receive cTOKENs, which can be used to enable earning exclusive NFTs, skins,... $DOMI holders can also participate in governance voting.
25/25
@Avalancheavax is still one of the top L1 projects in the space, despite the recent chaos of the market.
The Avalanche ecosystem has not been significantly affected by the recent 3AC or stETH scandals. Let's look forward to the upcoming moves to revitalize the ecosystem.
@Avalancheavax is still one of the top L1 projects in the space, despite the recent chaos of the market.
The Avalanche ecosystem has not been significantly affected by the recent 3AC or stETH scandals. Let's look forward to the upcoming moves to revitalize the ecosystem.
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