Issue #32: Struct Finance pushes DeFi innovation, Redstone builds on Avalanche’s Spruce Testnet, and an expert’s take on the UK’s big crypto plans.
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Another DeFi Bluechip Expands to Avalanche

Usually we’d ask, ā€œwhat’s Uniswap?ā€ But c’mon, you know Uniswap and you can now find it on Avalanche’s C-Chain.

ā€œWe’re thrilled to welcome battle-tested DeFi mainstay Uniswap to C-Chain, strengthening the competition between DEXes on Avalanche…The opportunity set for DEXes on Avalanche is huge. As new Subnets launch, more liquidity for DEXes like Uniswap will likely come to C-Chain. Furthermore, Avalanche Warp Messaging creates other unique opportunities for DEXes that aren’t possible on other EVM chains.ā€

– Luigi D’Onorio DeMeo, Head of DeFi and Developer Relations at Ava Labs

So what? The DEX competition on Avalanche gets even tougher (in a fantastic way). The integration brings another top-tier DEX to the Avalanche ecosystem to complement Trader Joe, Dexalot, DeltaPrime, and more, while its cross-chain asset support is driven by LayerZero. Find out more about what made the expansion happen and how to explore Uniswap x Avalanche.

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Free, Barrier-Less Privacy Stuffed in a Georgian Dumpling and Served on Avalanche

What’s the inspiration behind one of Web3’s most innovative privacy solutions, Hinkal Protocol? Georgian dumplings called Kihinkali, which are stuffed with an assortment of meats and spices. What’s inside may be a mystery, but a Kihinkali’s taste is always magical (just like the Hinkal Protocol).

What makes Hinkal magical? Privacy used to come at a cost: high fees and a high barrier to adoption. To fix that, Hinkal introduced the concept of "embedded privacy" (zero fees, no barriers). The protocol moves in two different directions: it’s building a DeFi hub that lets users run strats in a private environment and providing SDK to DEXs, staking, or lending protocols and wallets.

Honestly, that’s just scratching the surface. See for yourself:

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Avaissance: Meet the Mentors

Avaissance’s founding class of 50+ digital artists has been busy learning and evolving. This is the new era of NFTS, the age of Avaissance: artist funding, education, mentorship, and new collections minted on Avalanche.

Meet the mentors. So, who are the five NFT ninjas mentoring the Avaissance pupils? Meet Emonee, Georgio, Dave, John Le, and Ryan, and learn:

  • Why they think Avalanche is great for NFT creators
  • Their opinion on Avalanche’s NFT community
  • What spurs their excitement about Avaissance

and more below.

Learn more

Owl Explains: NFTs Are NOT Just a Speculative Asset Class 😠

Our wise owl wants you to know this: NFTs are not just digital collectibles *fist shake*. They’re tokens that are digitally unique and can meet a nearly infinite range of business needs.

Beware of misconceptions! Want an example of NFTs meeting business needs? John Wu breaks down Ava Labs’ work with SK Group, a South Korean company using NFTs to power one of the world’s largest loyalty programs.

Listen in →

The Avalanche Network Overview

Total Transactions: 7.2M
Gas Used: 6.5T
Total Stake: 268.7M

Data pulled on: 7/14/2023

Avalanche Watch: June 2023

June’s data-driven Avalanche report is here, folks.

What’s new? June was Avalanche’s second consecutive month of all-time highs in active address count (heck yeah), South Korea’s SK Planet launched its own Subnet called the UPTN Subnet (with built-in KYC requirements for new users), AvaGPT integrated into Core Web and is helping devs and users troubleshoot, and so much more, including the past month in:

  • DeFi
  • Gaming
  • NFTs

Plus, click and scroll to check out the Intain Evergreen Subnet Case Study.

Review the. report

What's Happening In Web3?

  • Coinbase Wallet Adds Messaging Feature. Coinbase
  • Google Play Allows NFTs in Apps and Games. CoinDesk
  • DeFi Borrower Uses Luxury Watch NFT To Get a Loan. Cointelegraph

This Week's Twitter 🧵

@Ommiii_
@notjohnlestudio
@Venly_io

ICYMI

7/11: Avalanche Park | Summer Creative Hang Program Announcement.

Art on Avalanche →

7/12: Pulsar AMA: Season 2 details and more.

Gaming on Avalanche →

7/12: Learn about AvaxPDX.

AvaxPDX →

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