Issue #69: Coachella's Avalanche-powered loyalty game, Clearpool for uncollateralized borrowing for institutions, the Avalanche's new community program.
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In Issue #69, Clearpool launches Credit Vaults on Avalanche, Coachella uses Avalanche to gamify the fan experience, and the Avalanche Foundation unveils its Icebreaker community program.

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Weekly Avalanche Overview

Data pulled: 4/5/2024

Total Transactions: 9.2M
Gas Used: 7T
Total Stake: 226.5M

Announcements

Credit Vaults on Avalanche

Uncollateralized Borrowing for Institutions

Institutions

Leading on-chain credit marketplace Clearpool is launching Credit Vaults and hosting its first real-world asset (RWA) pool on Avalanche to bring tokenized assets and greater utility into the ecosystem.

Why credit vaults? Credit vaults are the latest chapter in the explosive growth of RWAs on Avalanche. They utilize RWAs like private credit to enhance lending efficiency, and will offer institutions borrowing that doesn’t require any type of collateral.

Learn more
Coachella x Avalanche

Coachella Goes Web3

Art & Culture

Coachella is gamifying the festival experience this year with Coachella Quests, a new Avalanche-powered loyalty game, to reward fans for engaging with ‘chella experiences.

The journey begins: Using a new dimension of Coachella creativity, Coachella Canvas, fans can engage with the festival through art, games, and immersive experiences. They can create a Canvas card on the Canvas Explorer Guide, which serves as a passport for chronicling quests and unlocking exclusive prizes and festival experiences.

Check out Coachella Canvas
The Avalanche Foundation's Icebreaker Program

The Avalanche Foundation Unveils the Icebreaker Program

Community

Introducing the Icebreaker program, an ambitious initiative aimed at strengthening the Avalanche ecosystem’s growth and resilience by expanding the Avalanche Foundation’s on-chain activity.

Four key objectives: 1) empower new projects, 2) enhance market stability, 3) diversify the ecosystem, and 4) actively contribute to the ecosystem’s growth. Phase one will focus on liquid staking tokens and will involve a contribution of up to 500K AVAX, distributed among chosen LSTfi projects.

Learn more

Subnet Spotlight

DFK Chain

Gaming

The DFK Chain is an OG Avalanche Subnet, with hundreds of millions of transactions processed. There, you’ll find DeFi Kingdoms: Crystalvale, a cross-chain game featuring DEXs, liquidity pool opportunities, and a market of utility-driven NFTs.

DFK Chain’s mission: become the go-to location for community members and projects to launch GameFi and other blockchain gaming experiences in conjunction with the primary offering of DeFi Kingdoms: Crystalvale.

Explore DFK Chain

PODCASTS & Calls

OnChain with Sirer

Livestream

OnChain with Sirer, Episode 9

On this live episode of OnChain with Sirer, the prof discusses open questions he has had since ETH Denver, Teleporter, GDC, and more.

Listen to the podcast →

⭐ Coming Soon

Avalanche Q2 2024

Avalanche Q2 2024 | State of the Ecosystem

The Tie

The Tie’s Chief of Staff, Heidi Pickett, is being joined by Morgan Krupetsky (Institutions, Ava Labs) and Ed Chang (Gaming, Ava Labs) to chat Avalanche Q2 2024. They’ll cover topics from the Durango update and Ava Labs’ technical roadmap, to the Avalanche Foundation’s commitment to Web3 gaming and the intersection of AI.

Save the date Watch live this Wednesday, April 10, on The Tie’s site.

Bookmark the call link →

Interesting Read

Tokenization 101: The Tokenized Collateral Ecosystem

Avalanche Foundation

Imagine a world where assets, from stocks in a portfolio to the painting hanging in your living room, could be turned into powerful tools for securing a loan or making an investment. What could make this possible?

The answer: tokenized collateral.

Collateral is a cornerstone of financial markets and the global economy, a means of managing risk and achieving greater capital efficiency. Today, many institutions are exploring how new and emerging technologies like tokenization and smart contracts can expand and innovate collateral utilization and productivity.

The result: a tokenized collateral landscape is emerging.

Read on

SPACES TO LISTEN IN ON

Avalanche

In the Lab: Monthly Avalanche Community Forum

March 28

Play recording →

Avalanche

Avalanche Grants with Gitcoin

April 3

Play recording →

Share your Web3 interests

Get ✨personalized✨ Spaces recommendations in future issues.

ICYMI

  • Memecoins
    Core’s Memecoin month kicks off with COQ.
    Coq Inu →
  • Community Spotlight
    Get to know Kieks, a part-time music teacher spending most of her time in Web3, NFT collection creator, and Avalanche community member.
    Avax Community →
  • Interview
    Why’s Ava Labs telling everyone that Web3 gaming sucks? Ed Chang, Head of Gaming at Ava Labs, gives Cointelegraph some insight.
    Cointelegraph →
  • Programs
    Codebase by Avalanche, an accelerator program funding and supporting Web3 founders as they shape the future, recently announced its Spring ‘24 inaugural cohort.
    Avalanche →

The Icebreaker Archive

Want to catch up on all the Icebreaker issues? You're in luck!

View the archive

P.S. Tell us what you think of Icebreaker!

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