Also @XEN_Crypto's #xeNFT collection is a pretty hot collection recently. Only released for nearly 2 months but always top of our dashboard.
Volume at the time of snapshot ranked 3rd in the whole system.
The alpha projects are showing positive signs, plus the appearance of new collectibles from @XEN_Crypto@_ChadDoge_@DCGgamefi@peonnft continuously dominate the rankings.
This could be a significant bounce for Avalanche's NFT market.
@traderjoe_xyz 1/ Normally to provide LP you must have 50/50 of both tokens. With the Liquidity book, you can still provide LP while holding only 1 token.
However, it will be very different from normal Staking, it's like you are setting a buy/sell limit zone.
@traderjoe_xyz 2/ Let's take the AVAX/USDC pair as an example.
Single-sided provision only happens when you choose:
- Spot shape
- $AVAX price at Price Range
In this case, the price range for $AVAX is $16-$18
Last week's transaction volume of the Avalanche ecosystem did not have a strong fluctuation, about 1.7M transactions a day.
The majority of transactions occur on the DFK subnet.
2/ Gas used
Daily gas usage tended to increase again in the past week, about 580B per day.
However, the amount of gas consumed in subnets has a significant difference. While C-Chain and DFK are on an uptrend, Swimmer Network is down by only 1/3 compared to previous weeks.