Unlocking DeFi: Dexalot Surges

With @dexalot’s CLOB L1, traders can benefit from:
🔺 Frictionless deposits
🔺 Rapid execution
🔺 No slippage
🔺 User incentives

How, you ask? Simply by harnessing the powerful features of Avalanche.

Let’s dive in 🧵 Since launch, @dexalot has become one of the go-to perps marketplaces on Avalanche.

Recently, activity on Dexalot has surged, resulting in:
📈 $1.37B total volume
🤝 295K+ total txs
💰 30K+ unique wallets
and more!

➡️flipsidecrypto.xyz/Ali3N/dexalot-…

Another major milestone for institutional adoption on Avalanche!

Kinexys by @jpmorgan (formerly Onyx by J.P.Morgan), selected @AvaCloud to participate in Project EPIC, a new report examining the state of on-chain privacy, identity and composability.
avax.network/blog/avacloud-… Bolstered by the acquisition of EtraPay, @AvaCloud has brought to market advanced privacy solutions that provide confidential transactions and portfolio balance management while maintaining auditability and composability on the Avalanche blockchain. avax.network/blog/avacloud-…

Cross-border payments powered by Avalanche and StraitsX

@StraitsX, in partnership with Alipay+ and GrabPay, is leveraging blockchain and Purpose Bound Money (PBM) to enable a stablecoin-powered payment system for users across @AlipayPlus apps at @GrabSG merchants in Singapore. Roughly 1.3B people and 180M merchants use Alipay+.

As e-wallets and merchant networks grow in Southeast Asia, so does the demand for streamlined ​​cross-border transactions.

This stablecoin-powered system allows users to transact in their local currency across Alipay+ apps, while merchants benefit from immediate Singapore dollar ($XSGD) settlements 🤝

New Bounty9000 announced: Build an AI Agent that interacts on-chain for a chance at $9000.

Create an autonomous agent that controls a wallet, routinely checks on-chain data, and creates transactions toward a specific goal.

Application link below👇 🏆 $9000 for the first-place prize
🏆 $900 for second and third place
🏆 $500 for the first 3 completed submissions

All the details on Bounty9000👇 👇
app.dework.xyz/avalanche/boun…

More Avalanche games inbound 🎮

@farawaygg is building their own custom Avalanche L1, FCHAIN, to support a burgeoning gaming ecosystem of both original games and new games from independent publishers.

Amongst Faraway’s already impressive library of games are Shatterline, Villains: Robot Battle Royale, HV-MTL, Legends of the Mara, and more.

Through built-in interoperability, developer support, and shared services like marketplaces, Faraway aims to reduce the complexity of putting a game on the blockchain. And make FCHAIN a destination for gamers and developers alike.

All powered by Avalanche. Anxious to get started? Faraway is doing a wishlist giveaway that the community has to complete together.

Use this link to sign up, and you could get one of five tiers of advantaged items at game launch.

🕹️➡️ realagents.harbor.gg

Retro9000: Up to $40m in retroactive grants for Avalanche L1s 🔺

This new grant program aims to reward developers who contribute to the testnet and launch their project on mainnet, empowering developers to do what they do best–innovate and build.

More on Retro9000 👇 How does it work? How can you participate?

Retro9000 is a retroactive grant program funded by the @AvalancheFDN abd driven by community votes.

Build in public, earn community support, test your deployment and ship projects to get rewarded!
avax.network/blog/retro9000…

SolvBTC is live on Avalanche 🔺

SolvBTC, powered by @SolvProtocol, introduces a "Bitcoin Reserve for Everyone," designed to address the diverse consensus levels among Bitcoin assets 👇 What is SolvBTC?

SolvBTC represents Bitcoin within Solv's decentralized Bitcoin reserves. It integrates Bitcoin into the DeFi ecosystem, enabling users to earn returns on their BTC holdings while retaining exposure to Bitcoin's value.

On Avalanche, SolvBTC can be minted using $BTC.b as collateral.

Tokenizing Venture Market Strategies with ParaFi and Securitize 🗣️

ICYMI, @paraficapital tapped @Securitize to tokenize part of its venture capital fund on Avalanche, meaning a broader group of investors can access ParaFi’s venture strategy.

Learn more in our Spaces next week! Set a reminder to listen in, Thursday Sept 19 @ 10am ET 👇 x.com/i/spaces/1yokm…

Calling all devs... help build Avalanche L1s for a chance at the $9000 bounty!

Deploy your Avalanche L1 with $USDC as the gas token on Fuji testnet, launch a working PWA along with proper documentation and instructions on GitHub, and submit on @deworkxyz.

Application link below👇 $9000 for the first-place prize
$900 for second and third place
$500 for the first 3 completed submissions

Get started with Bounty9000👇 app.dework.xyz/avalanche/boun…

Avalanche9000 🔺

The catalyst that unlocks an expansive world of purpose-built blockchains that all feel like one, giving builders a suite of out-of-the-box tools with complete customization controls.

Build with no compromises.

Let’s dig in 👇 Avalanche9000 is the largest network upgrade that Avalanche has undergone since mainnet launch.

This upgrade will make launching your own L1 more economically feasible, easier to customize, smoother to maintain and quicker to bring to market.
avax.network/blog/building-…

Balanced brings new cross-chain opportunities to the ecosystem with native DeFi solutions that can remove the need for bridging or wrapping.

The team recently announced the arrival of bnUSD cross-chain loans to Avalanche.

So, what is @BalancedDAO? What makes it unique? Balanced is a DeFi platform designed for ease of use, with features like:

🔺 Native asset swaps with connected chains
🔺 Avax-collateralized loans
🔺 Minting bnUSD to be used on any connected chain without wrappers

And more!

Today @stc_bhr announced the launch of Intersect, a new Avalanche L1 that creates a pivotal entry point for new users and organizations in the Middle East to start building in Web3.

stc Bahrain's launch of @0xintersect is a big milestone for the intersection of telecommunications and blockchain, providing unprecedented opportunities for innovation and development within Bahrain and beyond. To celebrate the launch, stc Bahrain and Avalanche are kicking off the first Makeathon + Hackathon, a 30-day global competition to build on Intersect.

The virtual event kicks off Aug 12, and is for both coding and non-coders alike 🤝

More info 👇
wholesale.stc.com.bh/web3-section/d…

Transfer tokens across L1s easily on Avalanche with Avalanche Interchain Token Transfer (ICTT)↔️

Avalanche ICTT is a secure and efficient solution for any developer to deploy smart contracts for transferring tokens on Avalanche.

Read more by @meeshtian: medium.com/@michelle.tian… With pre-built, thoroughly audited, and permissionless smart contracts, Avalanche Interchain Token Transfer (ICTT), developed by @AvaLabs, enables the seamless transfer of tokens like $USDC, $AVAX and $BTC between L1s on Avalanche.

Here’s how this saves lots of time and resources for Avalanche devs 👇

Be the last 🤖 st4anding.

That’s the simple goal for players of @RoboKiden, an upcoming game just acquired by game launcher Elixir Games and powered by Avalanche.

More details on the latest title coming to @GamingOnAvax👇 RoboKiden is a free-to-play, multiplayer party shooter.

It features colorful characters, wacky weapons, massive robots, and fast-paced battles where 5 players each control a unique mecha.

Set for a July release for Windows PC, Elixir aims to eventually bring @RoboKiden to consoles.

Really launched its Fandime app on Avalanche in December, and since distributed 250k Proof-of-Attendance (POA) rewards to 125k unique collectors.

@TheReallyAR is now deploying their own Subnet designed for scalability to handle this exponential growth 🫡 avax.network/blog/really-la… Avalanche's unique architecture is designed in a way where projects can launch V1 of their product on the C-Chain, and then move to their own, customized chain on Avalanche when it needs scalability and stability 📈

@TheReallyAR is another great example, where moving to a Subnet helps ensure optimal performance levels even during periods of high demand, like an opening weekend for a major blockbuster movie.

Here's a refresher on Really's Fandime app 👇

Feature’s Smart Content technology is reimagining the way fans experience content, turning passive consumption into active participation 🎥

Built on Avalanche, Smart Content by @featureio gives audiences the ability to turn episodes, scenes, and songs into elevated experiences with blockchain-powered fan rewards.

Smart Content tech also empowers brands and studios to add Web3 elements that make the consumption of content more active and engaging.

Here’s how it works 👇 @featureio’s Smart Content is an API that integrates into any streaming platform or media file.

Audiences can earn rewards for engagement, such as completing an episode or an entire series, watching a live-streamed performance, or listening to a new music single.

This just in... @Balancer and @yieldyak_ have joined Phase 1 of Memecoin Rush 🔥

ICYMI, the @AvalancheFDN kicked off the liquidity mining incentive program to help scale liquidity and drive momentum for the community coin ecosystem on Avalanche 👇 One area of exploration for Avalanche memecoins is the strength of the DeFi ecosystem.

@Balancer and @yieldyak_ will join @traderjoe_xyz and @steakhut_fi Memecoin Rush to incentivize trading and liquidity strategies for selected community coins.

More ⬇️
avax.network/blog/the-avala…

After receiving nearly 250 applications from 30 countries, Codebase has chosen its first cohort of promising Web3 startups building on Avalanche!

Codebase is also partnering with @Colonylab to significantly increase the funding for participants 👇
avax.network/blog/startup-i… Colony's launchpad will prove pivotal to the growth and impact of Codebase.

Colony’s platform provides a unique avenue for projects to receive seed funding from thousands of Web3 natives. Initial startup funding may exceed $1M, thanks to its partnership with SwissBorg.

For the first time, the Avalanche community can now play a direct role in deciding which projects the @AvalancheFDN funds!

In partnership with @gitcoin, the Avalanche Community Grants Program aims to bootstrap projects building in the Avalanche ecosystem. 👇 Gitcoin has become a revolutionary capital allocation engine for all kinds of projects, allocating $60M+ in funding, receiving 4.2M donations and onboarding 300k+ devs into the crypto ecosystem.

The largest and longest-running Web3 grants program has helped kickstart major projects like Uniswap, 1inch, WalletConnect and more!

Avalanche is helping @AlipayPlus revolutionize retail and payment solutions, launching a Web3-enabled voucher program for the Alipay+ D-store.

Built as its own Subnet, this unlocks new revenue streams for partners and merchants across Southeast Asia!
avax.network/blog/avalanche…
The first proof of concept enabled one of its partners to launch a unique, branded game for its wide base of loyal customers.

Vouchers achieved in the game give users discounts of up to 50% on milk teas sold by 10 popular milk tea brands at 500+ shops in the region, with 2,000+ shops in the pipeline.

Institutional DeFi continues to explore new frontiers on Avalanche!

The Australia and New Zealand Banking Group (ANZ) and @chainlink unveiled results of a new initiative connecting Avalanche and Ethereum for the global settlement of tokenized assets 👇 avax.network/blog/anz-lever… The goal was to demonstrate, in a testnet environment using @chainlink's Cross-Chain Interoperability Protocol (CCIP), how clients could access, trade, and seamlessly settle tokenized assets across different networks, in different currencies.