Approximately $100m of
@avax
memecoins are now staked. None of these include the Foundation's previously purchased coins, what is currently in liquidity pools or burnt.
For some of the coins, about 50% of the supply is staked... dyor
Over $85,000,000 is now staked
#Avalanche
Memecoin rush is about to start, points will begin accruing today at 12pm GMT (1 hour from now).
Bring your Diamond Hands.
💎👐
Time for an
#Avalanche
of data! ATHs 🔺
- Today we hit 962K Daily Transactions (approx 80% of Ethereum activity) 🏂
- 134K Daily Active Addresses (up 7x this quarter) ⛷️
- 13k Unique developers (up 40% month over month) 🎿
- Avg of 11.1 TPS (up over 50% month over month) 🗻
@TrustlessState
@BanklessHQ
This is a pretty scammy tweet - ETH was down more than 70% from highs which basically invalidates the entire point. At the same time, while everything else was ripping - L2 folks had nothing to do.
A more accurate statement would be that crypto moves in cycles - L2 one for now
Bridge your
#Bitcoin
to Avalanche 🔺
Use it as collateral on
@AaveAave
👻
Chill
Bridge & Chill (GB)
Currently, 600% APR but steady state is ~8% with 70% LTV
🔺Horizontal Scaling🤌
-216k transactions in the DFK subnet today
-800k transactions on Avalanche C-Chain today.
The Avalanche network added 25% more load without any impact to the Avalanche C-Chain... therein lies the beauty of subnets
Last year, the Avalanche Foundation launched Culture Catalyst, a program aimed at empowering creators, sparking innovation, and propelling the adoption of blockchains. This initiative seeks to better position Avalanche to cultivate and support the many new forms of creativity,…
The DFK Subnet is humming. 🚀
Almost 500k transactions yesterday. 🤌
This is an All-Time High since the subnet was launched 4 months ago! 🏌️♂️
@DefiKingdoms
on
@avalancheavax
The Avalanche Network processed over 2m txs yesterday (2,068,463), an all-time-high for the network.
- nearly 4x higher than 2 months ago
Subnets are contributing in a big way and just getting started.
So.
#Avalanche
has more Monthly Active Addresses in the first week of January than it did in the full month of October. Fwiw, October was a good month.
Follow the growth.
@blknoiz06
@sonicthehedgor
@playSHRAPNEL
- SK subnet just getting going, already 100k+ real users
- Gunzilla game and subnet should launch in fall (playstation/xbox game)
- Institutional efforts underway, public one was the Spruce testnet with wellington/trowe etc
- Shrapnel/TSM Subnets this yr
- HyperSDK getting…
Another All-Time High in Daily Transactions for the Avalanche Network 🔺
~1,510,000 transactions
For context, that is more than Ethereum, Arbitrum, & Optimism Combined 🍿
The Avalanche Foundation discloses its starting position in terms of community coins.
$COQ
$GEC
$KIMBO
$NOCHILL
$TECH
I would imagine there will be continuous updates to these positions and new coins added as well.
based.
Community coins have become a cornerstone of Web3, representing the spirit, uniqueness, and interests of diverse crypto communities.
Today, the Avalanche Foundation announces its first five community coin holdings:
$COQ, $KIMBO, $TECH, $GEC and $NOCHILL
The past few weeks on Avalanche🔺
- Subnet messaging (Avalanche Warp Messaging)
- International Chess Federation (FIDE) building an Avalanche Subnet (500m audience)
- Coinbase brings native $USDC for Avalanche
- Alibaba partners w/ Avalanche
- Avalanche Summit II announced
Avalanche can:
Work with Fortune 500s (SK)
Work with the largest Banks (Citi/JPM)
Get the largest games (TSM/Gunzilla/Shrapnel, etc)
&
bid memecoins....?
Yes, the simple mind can't comprehend walking and talking at the same time.
Major DeFi dApps will be their own specific appchain, uniquely connected via a protocol to facilitate arb message passing.
Better Economics
Still Composable
Horizontally Architected
This was always the way.
Avalanche is best positioned for this future.
So, let's do some analysis
$WIF has 70k holders and $1.74B MC
$COQ has 53k holders and $300M MC
The COQ IN U tiktoks write themselves
Let's go
@binance
,
@coinbase
AVALANCHE 🔺 is firing on all cylinders 🔥🔥
- HyperSDK/MOVE to parallelize subnets💻
- AWM to connect all subnets 🔗
- Massive games (TSM, gunzilla, shrapnel) on the cusp of deploying subnets🎮
- Institutional adoption of subnets (JPM, CITI, etc)🏦
- Enterprise subnets live…
Pumped about
@gamestarplus
on Avalanche.
Brings some of the most popular IPs from game shows and entertainment to blockchain gaming: Marvel, Lucasfilm, and Disney Pixar, as well as iconic TV game shows like Deal or No Deal and The Price is Right.
1/ Update on our work with the first class 🏆 teams at Aave and Curve as we all prepare for their launch on Avalanche and ensure that they are successful. The hope is that this will happen as soon as possible next week, and all parties are working toward that.
Here’s why:
Another
#Avalanche
from All-Time Highs
🏂Daily Transactions ~ 1,005,000 - This is 83% of what Ethereum processed today.
⛷️Daily Active Wallets ~ 137.5k
🎿TPS ~ 12
Just swapped an asset for 17c ... probably nothing
The right way to do a memecoin. $COQ
No expectations, no vesting - pure community coin.
-Fair launch
-LP the minted supply and burn it
-Relinquish control of the contract
Before
#AvalancheRush
was announced,avg daily active addresses was 3500 on Avalanche. Today, its 70k active addresses - up 20x in 3 months
For context, Netflix had 800k subs 1 year after it started (2002). It took 8 years (2010) to achieve the growth Avalanche has in 3 months.
Avalanche setting up to be the DeFi hub
Last year AVAX DeFi
Yield farming 🧑🌾
This year AVAX DeFi
Native Concentrated Lqty Dex ✅
Native Stableswap ✅
Native Options protocols ✅
Native Strct Products ✅
Native Stables ✅
Blue Chip/Native Lending ✅
Blue Chip/Native Perps ✅
Today
@DefiKingdoms
doxxed a large portion of the team live. As when I met them, they are real people with strong backgrounds that are working incredibly hard to build something unique.
I fully support them and welcome this step.
My personal wish list ✍️ for Avalanche🔺 in 2024:
Tech 💻:
- Elastic subnets in production with more than 100 Validators
- Different VM subnets (MOVE, HyperVM, EVM, etc) in production and communicating with AWM
- PAYG Subnet Validators
- Firewood in production and being…
One year ago today, the Avalanche Foundation launched Avalanche Rush. For many, this marked their introduction to
@avalancheavax
, its tech, and its ecosystem.
Some reflections, one year later.
🧵
Nah, not an issue.
1. A substantial fraction is locked for a year.
2. The rest can be used but is too small to matter relative to our daily volume.
3. If they ever even want to sell the small amount, we are ready to buy it back.
Even in this bear market, you are currently being paid ~19% to own $sAVAX on
@BenqiFinance
7.5% staking yield + 11.46% lending yield
+++ This asset can also be deposited into
@YetiFinance
to borrow against with $YUSD
How to make the most out of your stablecoins on
#Avalanche
. 👇
🔥 Step 1: Grab some UST & USDC.e
🔥 Step 2: Stake on
🔥 Step 3: Earn over 100% APR in
#AVAX
rewards
For 2023, one of my goals was to write a bit more unfiltered thoughts...
Today I was taking a bath 🛀 & ultimately felt the need to write you all this piece to shed light on:
Why developers are building on
#Avalanche
.
look forward to your feedback!
South Korea's SK planet has launched UPTN Station on Android and iOS.
The tech conglomerate's digital asset push starts with OK Cashbag, their rewards platform with 93,000 merchants and over half of the South Korean population onboarded.
Slowly, then all at once...
Been trying out Solana a bunch lately.
why do so many transactions fail? When they don't fail, I find that it's very delayed to update my balance in the wallet.
I'm using phantom browser extension and jupiter - is this normal?
Impressive to see an Avalanche community-oriented launch that culminated in exchange listings a week after its existence.
Haven't seen that before. $COQ
Liquidity Book by
@traderjoe_xyz
will be one of the first concentrated liquidity DEXs on Avalanche with some interesting twists.
-concentrated positions posited as tokens rather than NFTs is an improvement for composability
-custom fee structure
- dynamic fee algo reduces IL
A few things here.
@amazon
🤝
@avalancheavax
- This is AWS' "first foundation partnership with a blockchain"
- Subnet deployments will be a managed service in AWS Marketplace
- Ava Labs is part of AWS Partner Network, similar doors that Uber, Netflix & Airbnb walked through
Xbox'ers, Assemble! A wild Off The Grid page has appeared on the
@Xbox
Store, ready to be added to your wishlist 🦾
👉
Come on Zeroes, smash that Wishlist button and share it with your friends, your gamer grandma, drunk-text your ex, tell the WHOLE…
MASSIVE NEWS for Avalanche today.
SK Chose Avalanche Subnets to build an innovative and practical web3 solution to its millions of users.
Lets dive in.
Today, the
@swimmer_network
subnet launched, effectively moving
@PlayCrabada
from Avalanche C Chain to its own subnet.
Today, the Avalanche network hit All-Time High in daily transactions.
The best part... it did this while *lowering* fees.
$480M TVL in 2 days, for a project that we spent months working with -
@Platypusdefi
@MrDuckbill
Do you think this is the only innovative native
#Avalanche
dapp we have worked with in the past 6 months anon?
BREAKING: $COQ trading is live on
@dexalot
subnet
if gas fees got u down
$0.002 to swap and you earn from their incentive program for placing orders on the book.
A lot of excitement regarding the Avalanche Foundation's recent announcement. Here are some of my thoughts regarding meme coins in particular:
First, I will start and preface everything by saying 1) most meme coins will go to zero and you will likely lose money on most of them.…
There appears to be a new Community Coin pool spun up on
@Balancer
One area of exploration for Avax memecoins is how strong the Defi Eco is. Would encourage others to spin up additional pools.
All the major play-to-earn economies hit recessions. The in-game currencies have all gotten crushed due to supply/demand imbalances.
(SLP = Axie Infinity, Town = Town Star / Gala Games, THC = Thetan Arena)
We need better models for P2E to be sustainable.
Today is a special day for me. One year ago,
@SJohn_Nahas
,
@John1wu
, and
@encycloplydia
hired me to help run the DeFi efforts
@avalabsofficial
!
It has truly been an honor and a joy to help serve the Avalanche community and I look forward to an even better year 2!🤌
Maplestory is migrating its Web3 plans to an Avalanche Subnet.
As of 2020, MapleStory has reached over 180 million registered users worldwide and grossed over $3 billion in lifetime revenue.
Nexon (published of Maplestory) is the 11th largest gaming company in the world by…
There is a non trivial chance $COQ becomes one of the top memecoins in crypto
- memeable af
- community is strong and fed virtual chickens for 2 year bear market
- The TikTok's will be legendary
So many of you are way too obsessed with being early to a memecoin so let me tell you a story
I was 2 days late to $coq
By that time it was already >$10m fdv, and everyone was saying it was too late already because "there's no room to 100x" anymore
In fact, when $coq dumped…
The current C-Chain explorer living under will be discontinued starting from Nov 30. It will be replaced by a new product from
@AvascanExplorer
which also supports Subnets under the same snowtrace domain.
You can view the C-Chain version of…
Many people don't understand tokenization.
The actually "Tokenizing" of an Off Chain Asset is the least important part of tokenization.
What is truly needed is for the data associated with Off Chain Assets to be captured On Chain, such that all of the existing processes can…
Native, innovative defi insurance protocol on Avalanche
This is where the builders are coming, if you are working on something new an different, reach out!
Recently, there have been more and more hacking events, which further destroy confidence in the crypto market. This week, we will introduce two types of security risks and share some tips with you.