Introduction to Avalanche
Avalanche is a leading open, programmable smart contracts platform designed for decentralized applications (dApps). It features one of the fastest time-to-finality (1 second) among blockchain platforms. Avalanche is decentralized, supports interoperable app-chains, is cost-effective, and customizable.
What’s New on Avalanche
Avaissance Program
The Avalanche Foundation launched the Avaissance program to support the NFT ecosystem. This includes Artist-in-Residence opportunities with funding, mentorship, and workshops. Additionally, the Mona Lisa Initiative gifts Avalanche NFTs to art-focused DAOs.
Learn more here.
Cortina Upgrade
The Avalanche Cortina upgrade is set to standardize blockchains to Snowman++ consensus, integrate X-Chain with Avalanche Warp Messaging, and introduce novel transaction types.
Learn more here.
Emin Gün Sirer’s Appointment
Emin Gün Sirer, CEO of Ava Labs, joins the CFTC’s Technical Advisory Board to advise on cryptocurrency developments.
See Gün’s announcement here.
TSM’s Blitz on Avalanche
TSM integrates its gaming platform, Blitz, on an Avalanche Subnet to expand its user base into the Avalanche ecosystem.
Learn more here.
Core Wallet Upgrades
The Core wallet team launches Core Mobile on iOS, making it accessible to over 1 billion mobile users. The Core web extension now includes a “Discover” tab for project information and news.
Learn more here.
Glacier API Beta Launch
The Glacier API provides enriched blockchain data from Avalanche and Ethereum, serving as the official API for indexing Avalanche Subnets.
Learn more here.
TYB and Shopify Loyalty Platform
TYB, Shopify’s community management platform, is deployed on Avalanche and available on the Shopify App Store, enhancing user engagement and rewards.
Learn more here.
BTC.b on Avalanche
BTC.b, a bridged BTC token on Avalanche, allows users to actively engage BTC in DeFi applications such as borrowing and lending.
Learn more here.
Protocols and TVL on Avalanche
The largest protocols by TVL on Avalanche have remained stable despite recent financial challenges. Aave and BenQi continue to dominate, with Stargate Finance experiencing a decrease in TVL post-SVB collapse.
- Aave: Leading borrowing and lending protocol
- BenQi: Avalanche-native liquid staking and lending
- Stargate Finance: Omnichain bridge protocol
https://medium.com/avalancheavax/avalanche-watch-march-edition-4331ac3defff
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