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Showing posts from July, 2022

Eden Network Launches New Liquid Staking Product on Avalanche

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In partnership with Yield Yak and Geode Finance, yyAVAX is a yield-bearing derivative that is awarded to AVAX token stakers, aligning incentives between blockchain protocols and users. Users can stake their AVAX right now on Yield Yak and will automatically receive yyAVAX of equal value. The product has launched with a 100,000 AVAX deposit cap to ensure the liquid staking and yield-generating infrastructure works as intended. Over time, the cap will be increased and eventually removed completely. The landmark partnership between Eden Network, Yield Yak, and Geode Finance is the first of its kind on Avalanche, and each party plays an integral role in the liquid staking product. Eden Network is responsible for amplifying yield; providing users higher returns above the standard platform staking rewards. This is achieved through Eden’s bespoke yield generation engine, which uses various strategies and products to accumulate value from blockchain ecosystems. About Eden Net... Sourc

Avalanche Hacks Summer 2022

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Summer 2022 is an AngelHack hackathon focused on building on Avalanche. Collaborating with partners across the Avalanche ecosystems, this hackathon aims to ensure that hackers have a wide variety of technologies to use to build their projects. About Avalanche Hacks | Summer 2022 The way people interact with the world has been revolutionized with the onset of blockchain technology. Real-world problems can now be resolved from a thousand miles away, increasing efficiency and creating transparent tools for the masses. Exploring GameFi and DeFi Avalanche Hacks | Summer 2022 aims to be a space for you to solve problems in DeFi and GameFi using a blazingly fast, low-cost, and eco-friendly platform in the blockchain industry. What are you going to create? Register Now Prizes 🏆 A prize pool of $50K USD (in $AVAX) is up for grabs for extraordinary submissions. If you have a great project idea, this is your chance to showcase them! The winners of each track... Source : Avalanche

Weekly Avalanche's Landscape #29

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Welcome to Avalanche Landscape Week 29. The 3rd week of July has just passed with a lot of changes in the Avalanche ecosystem. In this article, we will summarize as well as give some perspectives on what might happen in the system. Overview Of Avalanche Landscape Week 29 Latest Events On Avalanche Gamestar+ is the world's first blockchain-powered game-streaming platform with Play to-Earn and live social play features. Gamestar+ streams interactive nocturnal gaming including Family Feud, Jeopardy, Wheel of Fortune and Movie Scene It? This brings entertainment directly into people's living rooms alongside iconic entertainment brand icons like Marvel, Lucasfilm and Disney Pixar. Gamestar+ launches Web3 Reboots of Game Night Classics on Avalanche bringing classic gameshows to Avalanche. The integration will bring interactive versions of TV game shows and Marvel, Lucasfilm, and Disney Pixar games into Avalanche's ecosystem. Traditional gaming audiences can enhance their gam

O3labs announces the Integration of Avalanche ad Interchange

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O3 Swap V2 is going to officially launch the Avalanche Network starting from July 7th at 4 AM UTC. Meanwhile, the liquidity mining of LP-WAVAX, LP-WETH.e, LP-WBTC.e, LP-USDC, LP-DAI.e, LP-O3, LP-ROOBEE on Avalanche will also start for celebrating the integration. From 7th, you can swap assets between Avalanche and any ecosystem on O3 Interchange to experience the seamless cross-chain. Get ready to earn the high APR to get $O3 rewards!🤩 ⛏️Stake LP tokens to Earn $O3 Stake starts at: 7/7 4:00 AM (UTC)Rewards start at Timestamp: 1657188000 (7/7 10:00 AM UTC)O3 Contract Address: 0xEe9801669C6138E84bD50dEB500827b776777d28 LP-WAVAX Contract Address: 0x138d04b4d678f0d821250Ac394A6b77980E20aEdLP-WETH.e Contract Address: 0x64C40B700a9796906C8FD0b140E09f8d68998A3cLP-WBTC.e Contract Address: 0x3417b81146B2d01DFF460829d9014B1A1f60cf6fLP-USDC Contract Address: 0xdfBD4Fd46C4773A7dA677ed9d3a177babFA47959LP-DAI.e Contract Address: 0x3CD87B5B9279c4eD... Source : O3labs announces the Integrati

Weekly Avalanche's Landscape #28

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Welcome to the Avalanche Landscape Week 28, and so the 2nd week of July has passed with many outstanding events on the Avalanche ecosystem. In this article, the team will summarize as well as give some perspectives in the future of the system. Overview Of Avalanche Landscape Week 28 Latest Events On Avalanche Messari last week released an in-depth analysis report on Avalanche's development in the second quarter of 2022. The report highlights the decline in price and marketcap of the entire crypto market, Avalanche is no exception when the marketcap has dropped, down to -81.7%. But despite that, the Avalanche network still shows steady growth. In which, the number of Avax staked by validator and delegator both increased by 15.6% and 4.1%. Besides, the number of validators and delegators participating to increase the security of Avalanche network went up compared to Q1 2022, from 1,259 to 1,465 for validators, and delegators from 17,179 to 20,218. You can refer to that report a.

SubQuery Public Sale To Proceed As Private Round , Kepler Network to Launch in August

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Today we can announce that we have decided to postpone the SQT Public Sale to a later date and that we will be conducting a private sale which will be open to key participants in our community. In addition, we will be proceeding with the SubQuery Kepler Network, an incentivised “canary network” on Karura to build the foundations for the future SubQuery Network. Why are we postponing the Public Sale? While the decision to postpone is not an easy one, we feel ultimately it is the right choice for several reasons. Although the market conditions have been trending down for some time, we decided several weeks ago to proceed regardless due to two factors, the first being our commitment to our community about launching since March and secondly, the fact that we needed SQT to be circulating and distributed to kickstart the SubQuery Network. Despite the significant interest we received during our “Expression of Interest” process in May, with tens of thousands of signups in a matter of...

AMA Rush Recap: Swapsicle

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We’re proud to be one of the biggest Avalanche Ecosystem Community. Our discussion group has over 20,000 investors in #Avalanche. We always update the latest news for investors in #Avalanche projects. We want Avaxholic to be the biggest community for anyone who joins Avalanche Ecosystem to have a freedom of speech to discuss with everyone. “Avaxholic - together we BUILD”. Besides updating news, we’re upgrading more about data analytics - real time data and research about projects to help investors always be confident when investing in Avalanche Ecosystem. We’re honored to welcome our guests today: @DaleXYZ and @tcwardle from Swapsicle!!! Tom Wardle | Swapsicle: It's our pleasure to be here! Avaxholic: Nice! Before we start, could you please introduce your team and Swapsicle DEX to the AVAX community? Tom Wardle | Swapsicle: The Swapsicle DEX is built on the Avalanche blockchain and offers all the usual functions such as swaps, staking and farming. We have lots of fea... S

What Is TimeShuffle? Everything You Need To Know About $TIM

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Time Shuffle is Play-to-Earn web-based RPG game, set in a multidimensional time-traveling universe where two main factions battle for control over time. About TimeShuffle TimeShuffle, with strong multiplayer and PvP engagement, offers a unique approach to creating NFTs, allowing players to battle and win each other's most valuable characters without buying them and steers the dynamic of the game towards the winning side. In this game, players will immerse themselves into a world of doppelgangers that chose a different path and twisted their original background. Moreover, players can breed and merge characters creating unforeseen heroes. These heroes become stronger as the merging continues. The path of these heroes is endless, and players can sell them as NFTs on TimeShuffle's marketplace. This creates a plethora of NFT items, heroes and skill upgrades - a truly immersive experience. Additionally, players can choose AI-driven battles or real-time where they have full con

What Is Moremoney Finance? Everything You Need To Know About Moremoney Finance

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Moremoney is a lending protocol for opening over collateralized debt positions using liquidity pool tokens, interest-bearing tokens and other major tokens as collateral. Simply put, with Moremoney, users can keep their position, keep earning yield, and still extract liquid cash. How Does It Work? We have Alice, she is here to get $MONEY: Alice holds a single asset, e.g., AVAX, JOE, PNG, or Liquidity Pool Tokens (LPT) in a supported pair.She deposits these tokens into the Moremoney lending contract and requests a certain amount of $MONEY as a loan.The lending contract withdraws the LPT from her wallet and deposits it into a yield-earning contract, such as an incentive contract run by the DEX or a Yield YAK folding strategy for Benqi or Banker JOE.Then it mints the requested amount of $MONEY to Alice's wallet, taking a minting feeThe contract checks the minimum collateralization ratio for Alice's account holds using a price oracleAlice can now trade $MONEY on exchange, add

PancakeSwap May & June Recap

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Tokenomics v2, 750M Max Supply Cap, Fixed-Term Staking Benefits, Multiple Optimisations and Updates… So Many Dishes! Data Recap June Overall Total Volume: $11BAverage Daily Volume: $351MUnique traders: 2.5MUnique onsite users: 5.1M3 CAKE staker reward pools (Syrup + Boost) $CAKE Total burned: 27M CAKE ($114M)Bought back from the market to burn: $7MEffective CAKE Emission Rate: 13.75/block (lowered on June 28)# of holders: 1,223,748 (+1% MoM)\ May Overall Total Volume: $14BAverage Daily Volume: $451MUnique traders: 3MUnique onsite users: 6.4M3 CAKE staker reward pools (Syrup + Boost) $CAKE Total burned: 34M CAKE ($115M)Bought back from the market to burn: $16MEffective CAKE Emission Rate: 14.25/block# of holders: 1,211,714 (+1% MoM) PancakeSwap Tokenomics v2 with 750M Max Token Supply One of the hottest topics within the community, and also the kitchen, has been max token supply. After very careful considerations of long-term sustainabili... Source : PancakeSwap May &a

Marinade DAO Executes Token Exchange Program To Align With Leading Solana Builders

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Marinade is pleased to officially announce the next chapter of the DAO through the execution of the Token Exchange Program. Through the token exchange, Marinade is aligning with a collection of key builders across the Solana ecosystem. As shared in the Marinade DAO Forum, The Token Exchange Program will enable Marinade to exchange a total of 9.835M MNDE for 483k USDC and 500k SLND. An additional 1.2M MNDE will be distributed in exchange for 1M SOL staked to Marinade for at least a year. Among the Solana DeFi protocols participating in the exchange with Marinade are: Raydium, Solend, Port Finance and others. Validators participating are Blockdaemon, Staking Facilities, Laine, Shinobi Systems, Stakin, Cogent Crypto and Solana Compass. At the beginning of 2022, Marinade shared that one of its key goals for the year was to decentralize the organization from the core founding team into a community-driven DAO. In April, on-chain governance was activated. This concept came with... Sour

What Is Gods Of Asgard? Everything You Need To Know About Gods Of Asgard

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Gods of Asgard is a P2E NFT game rooted in Norse mythology and powered by the Avalanche blockchain. The God of Asgard are NFTs, and each God is equipped with their own unique skills and story. The NFT's act as players' playable character and are their key to entering the GoA universe. The game is still in an early alpha development phase. Content and details mentioned within this article are subject to change. Gameplay As this is a P2E game, obtaining the perfect synergy between engaging gameplay and a sustainable P2E economy is of utmost importance. Gods of Asgard, features an expansive open world, with a vast scope, designed with exploration in mind. Cascading waterfalls, resplendent skies, emollient flora & fauna and free-roaming wildlife to encounter along the journey. The map also features a bitter, snow covered environment where enemies thrive, growing stronger and more resilient within its harshness. Odin Odin is the strongest, fiercest, and most wise... S

Avalanche Bridge Wallet Address Change: What You Need to Know

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The Avalanche Bridge nodes perform periodic key rollovers as a routine proactive security measure, including whenever new nodes are added or removed. The Avalanche Bridge utilizes SGX so that no one has access to the bridge keys. The keys that facilitate the movement of funds are generated and stored in a secure enclave on special chips where nobody, not even a node admin, can gain access to them. The keys never leave the secure enclave, the execution paths of the bridge code cannot be modified, and attestations are provided to the hash of the code inside the secure enclave. Together, this ensures bridge integrity, confidentiality, and assurance against byzantine behaviors. Since a single copy of the keys would be vulnerable to a catastrophic hardware failure, the keys are backed up. Ordinary backups, where data is just replicated, are not suitable for cryptographic keys. The Avalanche Bridge employs a state-of-the-art key backup scheme where key material is first split through...

Overnight Launches USD+ On Avalanche

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DeFi Protocol Overnight has launched USD+, a yield-bearing stablecoin on the Avalanche blockchain to aid its mission in upgrading Liquidity Pools across the ecosphere. Overnight Finance Expands To Avalanche USD+, DeFi’s esteemed Yield-Bearing-Stablecoin has expanded to Avalanche after taking over one of Polygon’s leading Decentralized Exchange (DEX), Dystopia by storm. Its unique proposition is that it enables Yield-Farmers to earn ever more on their Liquidity Provisions. With it initially deploying on TraderJoe by commencing its journey on Avalanche, it sets out to revolutionize the way we think about Liquidity Provisions in itself. In a given Liquidity Pool with USD+, users earn yields from USD+ on top of Swap Fees and Gauge Pool rewards. The innovation here is that users earn Yields from USD+ on top of other Liquidity Pool incentives, making Liquidity Provisions more lucrative than what we’ve seen before. Getting Into The Midst Of It The proces... Source : Overnight Launc

Avalanche Landscape #27

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So the first week of July has passed, with so many outstanding events in the Avalanche ecosystem. Welcome AVAX fans, our team will summarize last week as well as give some perspectives on what is to come in the system. The following information and graphics are referenced from Avaxholic - The #1 source of information about the Avalanche ecosystem. Overview Of Avalanche Landscape Week 27 Important Events Digital Asset Summit 2022 at The Glasshouse, NYC on September 13-14 Avalanche became 1 of 6 diamond sponsors along with Circle, Fireblocks, Ledger Enterprise, OKCoin, and Solidus Labs for the Digital Asset Summit (DAS) event organized by Blockworks. DAS is an institutionally focused cryptocurrency conference for asset managers and financial services professionals. During this two-day live event, industry leaders from the worlds of finance and digital assets will gather to discuss cryptocurrencies from the perspective of industry players. The list of speakers who wi... Source