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Arweave/AO Weekly Highlights Week 40 | ArConnect Mobile Launch, Permaswap Introduces Multi-Hop Trading, Revamped Vouch Portal Released
Author: Kyle
Translator: Kyle
Reviewer: Lemon
Source: Content Guild Translation
Data from Arweave Network Last Week:
Arweave mainnet has completed a total of 212,573,320 transactions, with 1.59 TiB storage achieved in the past week.
Storage fee for this week stands at 0.748 AR/GB, block reward at 2,724 AR, and endowment increased by 1,033 AR.
PermaDAO Incentive Distribution:
PermaDAO distributed a total of 66.31 $AR (equivalent to 1,238.13 USDC) and 6,588.51 $BP as contribution incentives last week.
Weekly News Summary
🔥 ArConnect mobile version is now live.
🔥 Over 100 million $DAI deposited into the AO network.
🔥 The Arweave endowment fund surpasses the 100,000 $AR milestone.
🔥 The revamped Vouch Portal is officially launched.
🔥 Permaswap introduces multi-hop trading.
🔥 WeaveVM hackathon officially begins.
🧵 WeaveVM now supports Optimism's OP Stack Rollup architecture.
🧵 Weavers announce WeaveVM as the first partner of PermaHacks.
🧵 aoWebWallet releases a new version.
🧵 AR.IO node version 18 released.
🧵 aoVest platform's Classic Airdrop is officially live.
🧵 ArDrive Turbo update enables $ETH and $SOL deposits.
🧵 RedStone announces the start of Q4 Memethon.
🧵 RedStone collaborates with PumpBTC, Satoshi Protocol, and Solv Protocol to provide price feed services.
🧵 ArDrive updates its open-source SDK license to Apache 2.0.
🧵 CosmWasm website relaunched.
🧵 0rbit reveals the five winners of its mascot bounty competition.
🧵 Mind Network completes $10 million Pre-A funding round.
🧵 Arweave Philippines hosts another Builders' Meet.
🧵 AO Games announces a strategic partnership with BlockBooster.
Network & Project Updates
ArConnect Mobile is Now Live!
ArConnect’s mobile version is secure, lightweight, and scalable, allowing users to access the AO and Arweave ecosystem anytime, anywhere from their mobile devices.
Users can download the app now from the Apple App Store or Google Play.
Arweave Endowment Fund Exceeds 100,000 $AR.
Over $100 Million $DAI Deposited into the AO Network.
Permaswap Introduces Multi-Hop Trading.
Multi-hop trading refers to token swaps across multiple liquidity pools or pairs to secure the best price, greatly increasing trade flexibility.
Users can trade between any listed assets on Permaswap, even without a direct pair, as multi-hop trading optimizes paths to ensure smooth transactions.
The New Vouch Protocol is Officially Released, Building a Reputation System for Arweave and the AO Ecosystem.
A new point-based system has been added, where users can verify through Gitcoin Passport, $AO balances, and $wAR staking.
This mechanism enhances verification diversity and credibility, protecting real users and fostering a high-consensus community.
Mind Network Completes $10 Million Pre-A Funding Round.
The funds will be used to expand Mind Network's fully homomorphic encryption (FHE) layer, with investors including Animoca Brands, ArkStream, Cogitent Ventures, and G Ventures.
Mind Network also introduced FHE-secured voting for AI and PoS networks, ensuring encrypted, decentralized, and fair consensus while safeguarding assets.
ArDrive Open-Source SDK License Updated to Apache 2.0.
In response to community feedback, ArDrive has shifted its open-source SDK license to Apache 2.0 to increase flexibility, while the core library remains under AGPL 3.0. This update aims to support broader application and innovation in technology.
The Classic Airdrop is Now Live on the aoVest Platform!
aoVest, the token release platform in the AO ecosystem, has launched the beta version of Classic Airdrop, simplifying the airdrop process. A custom airdrop feature will also be released soon.
CosmWasm Website Relaunched!
The site has been redesigned for a cleaner, faster, and more engaging exploration experience.
WeaveVM Transaction Volume and Wallet Count Skyrocket.
In just three weeks, transaction volume doubled to 1.5 million, while the number of independent wallets grew by 2.4 times, reaching 60,000.
RedStone & Gelato Network Tweet Contest Winners Announced.
First place: @ChachalotteF, winning 500,000 RSG, Special Role, and a $50 reward.
Second place: @ParkDae_gangnam, earning 350,000 RSG, Special Role, and a $30 reward.
Third place: @LeCriptal, taking home 200,000 RSG, Special Role, and a $20 reward.
WeaveVM Hackathon Officially Begins, Submission Deadline October 16.
Build projects using WeaveVM and KYVE Network’s Trustless API for a chance to win a $10,000 prize.
Projects can include fully on-chain dApps such as decentralized video applications, IP dApps, on-chain games, EVM databases, and more.
WeaveVM Now Supports Optimism's OP Stack Rollup Architecture.
Easily deploy high-throughput L2 Rollups using WeaveVM, while leveraging Arweave's permanent storage solution.
aoWebWallet Releases a New Version with Multiple Features.
The latest aoWebWallet update supports creating and deploying your own tokens. Users can also use the Action Builder to easily execute common operations.
AR.IO Node Version 18 Released.
This update improves database performance for faster data processing and refreshes.
New WAL metrics and Parquet export capabilities are included, aiding data analysis, and the ArNS resolver has been optimized to speed up domain name resolution.
0rbit Reveals 5 Mascot Bounty Winners.
The top five winners will each receive 1,000 $0RBT points, while other participants will share a 3,000 $0RBT points prize pool.
RedStone Announces Q4 Memethon.
Memethon requires creating funny memes that include RedStone elements and sharing them on Discord’s memes-arts channel. The top 20 winners will receive a 300k RSG prize, and the top 10 will be crowned Meme Kings.
Entries must be original and high quality. The contest runs until October 11.
ArDrive Turbo Update Adds Support for $ETH and $SOL Deposits.
Turbo, an open-source bundler and uploader service for permanent storage on Arweave, now supports $ETH and $SOL for credit deposits, which are used to pay for uploads.
Turbo’s open-source bundler has reached a record high in the amount of data pushed to Arweave.
Arweave Philippines Hosts Another Builders' Meet.
The Builders’ Meet brings together developers, creatives, and blockchain enthusiasts for networking, games, and coding practices.
Attendees will experience the Rainbow Rabbit game built on Arweave and AO, participate in coding workshops with a special guest from Arweave Africa, and compete for a prize pool of ₱5,000 (approximately $88-$90) along with cool merchandise.
Partnerships & Integrations
RedStone Collaborates with PumpBTC, Satoshi Protocol, and Solv Protocol to Provide Price Feeds.
PumpBTC is a liquidity staking protocol on Babylon that maximizes returns for BTC HODLERS. RedStone will provide accurate and timely price information for $pumpBTC.
Satoshi Protocol is a full-chain stablecoin protocol based on the Bitcoin ecosystem. RedStone’s price feeds enhance the stability and functionality of $satUSD.
Solv Protocol is a decentralized Bitcoin reserve protocol. RedStone uses a Push Model to send data on-chain, helping Solv maintain $solvBTC’s peg to its underlying assets, ensuring transparency and a robust reserve system.
https://x.com/redstone_defi/status/1841840786109038861
AO Games Announces Strategic Partnership with BlockBooster.
BlockBooster, as a top startup studio, will drive innovation in the next generation of Web3 protocols and software infrastructure.
Weavers Announces WeaveVM as PermaHacks’ First Partner.
WeaveVM is a highly scalable, EVM-compatible network built on Arweave’s permanent storage layer.
WeaveVM will provide a $6,000 bounty for PermaHacks participants.
Ecosystem Education
Only Arweave Tweet—"AO: Permanent Storage + Deterministic Virtual Machine = Reproducible State."
Arweave provides stable, permanent storage that supports numerous projects and ecosystems as a decentralized hard drive.
Deterministic virtual machines ensure that the same inputs always produce the same outputs, enabling blockchain transparency and consensus.
Reproducible states allow multiple virtual machines to run in parallel, improving smart contract execution efficiency and promoting infinite horizontal scaling on the AO platform.
BetterIDEa Tweet—"AO Developer Beginner Guide."
Install the ArConnect wallet as the entry point to the Arweave network.
Visit http://ide.betteridea.dev, connect your ArConnect wallet, and start creating, managing, and running your project.
Click "New Project" on the sidebar, configure the project name and file type. You can choose existing workflows or create new ones, supporting scheduled tasks.
After configuration, run lua show output to test and see results, beginning your AO building journey.
Apus Network Tweet—"Introducing the APUS Token."
APUS Token is the native token of Apus Network, with a fixed supply and no inflation.
Perplex Tweet—"Understanding How Perplex Perpetual Contracts Work on AO."
Perpetual contracts allow you to profit from price fluctuations without holding the asset. These contracts have no expiration date, support up to 20x leverage, and allow various types of margin to help you maintain or close positions anytime.
Perplex offers a flexible trading experience suitable for long-term strategies, with automatic liquidation and limit orders protecting against excessive losses.
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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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