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Arweave/AO Weekly Highlights Week 38 | Arweave Asia 2024 in Singapore was a blast! Launch of Permaswap's FusionFi Protocol, AO Game Jam Selects 12 Winning Teams, ArConnect Introduces Mobile Version
Author: Kyle
Translator: Kyle
Reviewer: Lemon
Source: Content Guild Translation
Data from Arweave Network Last Week:
Arweave mainnet has completed a total of 221,746,121 transactions, with 1.54 TiB storage achieved in the past week.
Storage fee for this week stands at 0.748 AR/GB, block reward at 2,776 AR, and endowment increased by 998 AR.
PermaDAO Incentive Distribution:
PermaDAO distributed a total of 120 $AR (equivalent to 2,471 USDC) and 7,331 $BP as contribution incentives last week.
Weekly News Summary
🔥 Arweave Asia 2024 in Singapore concluded successfully, showcasing the ecosystem's diverse and thriving development.
🔥 The AO Game Jam 2024 has successfully ended, with 12 winning teams announced.
🔥 ArConnect announces the launch of its mobile application.
🔥 EverVision's founder Outprog introduced the FusionFi protocol at Arweave Asia 2024.
🔥 Weavers kicks off the second PermaHacks hackathon.
🔥 Quantum has iterated on its product and launched the new Q-Arweave token.
🔥 Autonomous Finance launched Create-AO-dApp, enabling one-click dApp deployment.
🧵 Sam has rebranded to Sentio.
🧵 Fundars officially renamed to Veritas.
🧵 TRUNK 2.0 upgrade and hard fork completed.
🧵 Apus Network’s second competition pool concluded.
🧵 Apus Network underwent a major website upgrade.
🧵 Apus Network shared its latest developments at Arweave Asia 2024.
🧵 Dumdumz celebrates winning first place in the AO Game Jam with a raffle.
🧵 Satoshi's Palace launches the Aqualandia giveaway.
🧵 ArDrive integrates Ar.io network's ArNS.
🧵 AO teased Omega (Ω) awakening, stay tuned.
🧵 Quantum's waitlist has surpassed 5,000 members.
🧵 RedStone collaborates with Hemi, Renzo, and Radix to provide price feed services.
🧵 RedStone partners with Gelato to host a Thread competition.
🧵 Odysee gains traction in Brazil.
🧵 Metis collaborates with WeaveVM to ensure permanent data availability.
🧵 0rbit is looking for a mascot.
🧵 PADO delivered a presentation at Arweave Asia 2024.
🧵 Vue Protocol integrates with Glacier Database, building an on-chain social graph.
Network & Project Updates
Arweave Asia 2024 in Singapore concluded successfully, showcasing the ecosystem's diverse and thriving development.
Arweave's founder, Same Williams, shared the founding vision of Arweave and the ecosystem's current status, previewing the protocol's upgrade to version 2.8, which enhances the mining mechanism. AO CTO Rakis unveiled the AOS 2.0 operating system with a live demonstration.
Greg, founder of Longview Labs, introduced three on-chain mini-games, awarding gold, silver, and bronze to the winners. Tate, founder of CommunityLabs, launched the highly anticipated ArConnect mobile wallet.
EverVisionLabs presented the FusionFi product, while WeaveDB launched the social platform Atomic Notes. AO Games announced the results of the AO Game Jam.
Fubiao, co-founder of PADO, introduced the decentralized zkFHE network, showcasing secure computing and privacy protection through fully homomorphic encryption.
Andrew from Ar.io network shared a video highlighting their advancements in decentralized storage, improving network security and scalability. Arweave Oasis founder GerryWon explained plans to drive Arweave's growth through the developer and miner ecosystems, presenting the results of the Hyper Parallel journey.
0rbit unveiled the $OR token economic model, and Apus Network introduced its decentralized GPU network, announcing the $APUS token generation event (TGE) for Q4 2024.
The AO Game Jam 2024 has successfully concluded, with 12 winning teams awarded a total of $36,000 in prizes.
The competition, hosted by AO Games and Forward Research, was the first game development contest within the AO ecosystem, with 83 teams registering and 43 submissions received. Over 20 partners supported the event.
The champion, Dumverse, won $9,000 in cash and $5,000 in Alibaba Cloud credits, while the runner-up, DumDumUp!, and the third-place team, Hang Out, received $5,000 and $4,000 respectively. Additional awards were given for Best Game, Best Art, and more.
ArConnect announces the launch of its mobile application.
Autonomous Finance launched Create-AO-dApp, enabling one-click dApp deployment.
Create-AO-dApp is a powerful template tool that supports the development of full-stack permanent applications (permadApps) using React/Vite/TS and Typed Lua. It integrates SQL, testing frameworks, and CI/CD.
The templates include Basic Lua, Lua + SQLite, and Teal type-safe development, providing an easy-to-use solution for building fully on-chain front-end and back-end applications.
Weavers kicks off the second PermaHacks hackathon.
PermaHacks 2024 brings together top teams in the Arweave ecosystem, offering generous bounties and the opportunity to collaborate with talented developers to push the boundaries of decentralized technology.
Participants have flexible schedules, access to the Weavers community, and a chance to win valuable rewards.
EverVision's founder Outprog introduced the FusionFi Protocol (FFP) at Arweave Asia 2024.
FFP is a unified financial protocol on Permaweb, aiming to standardize financial interactions between dApps for seamless interoperability across gaming, social, and financial applications.
FFP supports multiple DeFi services, including trading, lending, futures, and stablecoins, ensuring secure, independent storage of transaction logs. It also facilitates order book and AMM trading through Permaswap.
Fundars officially rebranded as Veritas.
Veritas is the first fundraising platform within the AO ecosystem.
Sam has rebranded to Sentio, focusing on enhancing Web3 security.
Sentio originated from Arweave India HackerHouse 2 and specializes in smart contract auditing and on-chain message monitoring within the AO network.
New features are expected to further strengthen security in the Web3 space.
TRUNK 2.0 upgrade and hard fork completed.
Following the upgrade to AOS 2.0, contract errors caused system malfunctions, which were ultimately resolved via a hard fork and asset migration.
Updates include raising the minimum voting threshold, replacing the deprecated $CRED with $wAR, and adding a token unlock delay patch during voting periods.
Quantum's waitlist has surpassed 5,000 members.
Quantum is a cross-chain bridge project within the AO ecosystem, enabling the transfer of $AR from the Arweave network to the AO network.
Quantum has iterated on its product and launched the new Q-Arweave token.
Quantum has introduced $qAR, a new upgrade to the Wrapped $AR token.
$qAR is set to unlock exciting new use cases in the future.
ArDrive introduces new features, further simplifying data storage on Arweave.
ArDrive v2.54 integrates Ar.io network tools, supporting easy ArNS integration and gateway discovery.
Paid users will receive 500 tIO tokens this year to register ArNS domain names.
Odysee gains traction in Brazil.
Following the ban of the X platform (formerly Twitter) in Brazil, interest in decentralized social networks has surged, and Odysee, leveraging the Arweave protocol, has emerged as a popular alternative.
Odysee provides a more independent platform for communication, particularly in discussions about digital freedom and expression, challenging the dominance of big tech.
Apus Network’s second competition pool concluded, with rewards to be distributed soon.
Congratulations to the top three winners: beje data ai ao, VerAO, and AO AI Dataset. The third competition will start at the end of September.
Apus Network shared its latest developments at Arweave Asia 2024.
Apus Network unveiled its latest advancements, tokenomics, and partnership with LlamaLandAO, and previewed its third competition pool and Q4 TGE.
0rbit is looking for a mascot.
Create a mascot that best represents the spirit of 0rbit for a chance to win 8,000 $0RBT points.
Apus Network underwent a major website upgrade.
New additions include a project roadmap, a simplified whitepaper, and in-depth team profiles.
PADO delivered a presentation at Arweave Asia 2024.
PADO demonstrated how zkFHE (zero-knowledge fully homomorphic encryption) enables secure and efficient data sharing, leveraging the AO network for scalable and verifiable computation.
PADO uses Arweave’s decentralized platform to ensure data privacy and the security and efficiency of computations.
Dumdumz celebrates winning first place in the AO Game Jam with a raffle.
Dumdumz announced a raffle, offering NFTs #1649 and #1948 as prizes. To participate, like and retweet the post, follow @dumdumznfts, and join the DumDumz Discord.
The deadline is September 28, 2024, at 5:00 PM (UTC).
AO teased Omega (Ω) awakening, stay tuned.
Follow @OurBazAR for the latest updates!
Satoshi's Palace launches the Aqualandia giveaway.
To participate: take a photo inside the Aqualandia game, quote the tweet, and include your AR address.
The first 50 participants will share 5,000 $Llama.
Collaborations & Integrations
RedStone partners with Hemi to provide price feed services.
By integrating RedStone oracles, Hemi Network will provide accurate real-time LST and LRT data for DeFi protocols within its ecosystem, improving security and liquidity.
This partnership will enhance the security of Hemi's DeFi products by ensuring flexible and precise market data support.
RedStone partners with Gelato to host a Thread competition.
Participants are required to write a post explaining how Gelato functions as RaaS (Relay as a Service) and showcase its collaboration with RedStone. The top 3 will receive RSG token rewards and a special role.
RedStone partners with Renzo to provide price feed services for its $pzETH token.
Renzo is a strategic manager and liquidity re-staking token provider in the EigenLayer and Symbiotic ecosystems, and $pzETH represents re-staked assets within Symbiotic.
RedStone supports dApps with on-chain price data for $pzETH, helping developers integrate the token's price on the Ethereum network.
Metis collaborates with WeaveVM to ensure permanent data availability.
Metis stores real-time ledger copies permanently on Arweave via WeaveVM, ensuring data transparency, verifiability, reducing trust dependencies, and improving node synchronization efficiency and security.
WeaveVM provides an efficient, low-cost permanent storage solution for EVM chains, especially suitable for decentralized rollups, further strengthening Metis' decentralized architecture and data persistence.
RedStone announces collaboration with Radix, supporting innovation on non-EVM chains.
Radix, a non-EVM Layer 1, simplifies development processes through built-in token and transaction logic, enhancing security and reducing development complexity.
RedStone provides secure, low-latency data services for over 1,200 assets on Radix and actively supports innovative developers on the platform.
Vue Protocol integrates with Glacier Database to build an on-chain social graph.
Vue Protocol is leveraging TON, EigenLayer, and Optimism technologies to build a decentralized social layer, supported by restaking. Glacier is constructing a decentralized Web3 user connection network.
Ecosystem Education
Vevivo Blog—"Maximize Your Returns with AR.IO's Delegated Staking and Effective Annual Yield (EAY)".
EAY represents the annual return rate for tIO tokens, considering the compounding effect of rewards. Long-term reinvestment can significantly boost future gains.
Selecting high-performance gateways and reinvesting rewards are key strategies for boosting EAY, effectively accelerating investment growth through compound interest.
Only Arweave Tweet—"Progressive Permanence".
ArFleet offers a short-term storage solution, allowing developers to choose which data should be stored permanently and which only requires temporary storage, providing flexibility and gradual progression in data storage.
Arweave and AO provide full-stack support, enabling developers to start with temporary storage and transition to permanent storage at any time, offering flexibility in building decentralized applications.
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Disclaimer: This article does not represent the views of PermaDAO. PermaDAO does not provide investment advice or endorse any projects. Readers should comply with their country's laws when engaging in Web3 activities.
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