Arweave/AO Weekly Highlights Week 48 | Arweave Fullstack Hack Concludes, FusionFi Protocol Docs Released, Lagent and Aolotto Set to Launch
Author: Kyle
Translator: Kyle
Reviewer: Marshal Orange
Source: Content Guild - Translation
Originally published at: PermaDAO
Arweave Network Data:
In the past week, Arweave completed 231,290,269 transactions, reaching a storage volume of 1.95 TiB.
Storage fee for this week stands at 0.753 $AR/GB, block reward at 2,525 $AR, and endowment increased by 1,297 $AR.
AO Network Data (as of November 17, 2024):
The testnet has sent a total of 915 million messages; 2,596,445 $AO have been minted.
Bridged assets include 134,687 $stETH and 117,319,188 $DAI.
PermaDAO Incentive Distribution:
PermaDAO distributed a total of 165.82 $AR (equivalent to 3,648 USDC) and 6,177 $BP as contribution incentives last week.
Weekly News Summary
🔥 Arweave Fullstack Hack concluded successfully, showcasing 30 outstanding projects.
🔥 Permaswap released document for the FusionFi Protocol.
🔥 Lending platform Lagent is set to launch soon.
🔥 A new lottery protocol, Aolotto, is about to debut.
🔥 Apus Network officially kicks off its fourth competition pool.
🔥 Permaverse announces an upcoming $DUMDUM airdrop.
🔥 Sam Williams invites Phil Mataras to join the "Hack and Tell" podcast.
🔥 Protocol.Land partnered with AstroUSD to use $qAR for liquidity in tokenized repos.
🧵 Cyberbeavers' full day gameplay is coming.
🧵 SEDA integrates WeaveVM to create next-generation on-chain data solutions.
🧵 Dumverse testing officially launches, offering early access to users.
🧵 ArConnect subscription features are now live.
🧵 CLI tool AOForge is set to be released.
🧵 Cryptographically verifiable random number generator RandAO is live.
🧵 Patrick Skinner joins the AR.IO DevRel team.
🧵 A0_labs launches to support rapid creation of game landing pages.
🧵 WeaveDB becomes a community partner for DevFest Benin 2024.
🧵 FairAI announces full AO integration to enhance decentralized computing efficiency.
Network & Project Updates
Arweave Fullstack Hack Concludes with 30 Featured Projects.
The event attracted over 300 participants, showcasing projects spanning payment systems, blockchain analytics, decentralized tools, and more.
Five teams were awarded $5,000 for groundbreaking solutions, including an EVM-AO zero-knowledge bridge, a web analytics tool, a blockchain payment platform, an on-chain betting platform, and a historical data storage solution.
New Lottery Protocol Aolotto Set to Launch.
Aolotto temporarily disabled its faucet on Discord due to suspected bot activity.
CLI Tool AOForge Coming Soon.
AOForge enables developers to create AO applications using Next.js or Nuxt.js, with apps fully hosted on Arweave. The tool was developed by the WeaveDB Nigeria team.
WeaveDB Partners with DevFest Benin 2024.
In collaboration with GDG Benin, WeaveDB aims to drive technological innovation in the region. GDG Benin is a developer community based in Benin City, Edo State, Nigeria.
Lagent Lending Platform Set to Launch.
Lagent is a smart, decentralized lending platform that empowers users with financial independence. It allows users to create personalized lending agents to manage assets and loans, with AI-driven processes that optimize returns and mitigate risks.
Permaswap Releases FusionFi Protocol Documentation.
The FusionFi protocol introduces a standardized Note data structure for creating, receiving, and submitting agents, supporting financial scenarios like swaps, arbitrage, and liquidity provision.
With innovative features like zero-capital arbitrage and multi-hop trading, the protocol deepens the integration of order book and AMM models, expanding DeFi’s possibilities.
ArConnect Subscription Feature Launched.
The new subscription feature supports flexible billing and premium services, empowering content and gaming platforms.
Cyberbeavers' Full Day Gameplay is Coming.
Previously available only during fixed hours, Cyber Beavers can now be played round the clock.
Apus Network Opens Fourth Competition Pool.
This final pre-TGE competition allows 1,500 participants to upload datasets. In partnership with AR.IO and Decentramind, three whitelist entry options are provided for users.
A0_labs Launches for Rapid Game Landing Page Creation.
Developers can write Lua code while A0_labs handles the rest, simplifying the development of Arweave ecosystem games.
Sam Williams Invites Phil Mataras to the Hack and Tell Podcast.
The discussion covered innovations on Arweave and AR.IO, including ArDrive, the ArNS domain name system, multi-key compatibility, and the Turbo bundling mechanism.
They also delved into DApp deployment optimization, user identity management, and emerging ecosystem opportunities.
Patrick Skinner Joins the AR.IO DevRel Team.
Patrick will support the developer community by conducting workshops, creating tutorials, and driving the growth of the permanent cloud ecosystem.
Cryptographically Verifiable Random Number Generator RandAO Launches
Built on AO, RandAO delivers fast, fully decentralized, and verifiable randomness, offering developers a cutting-edge tool.
Permaverse Announces Upcoming $DUMDUM Airdrop.
With over 12,000 registered users and 4,000 daily active users, Permaverse aims for a 100% fair airdrop with no team or VC allocations.
Dumverse Testing Officially Opens for Early Users.
Holders of the "Early Dumz" role can access details through a dedicated channel in the DumDumz Discord server.
Project Collaborations & Integrations
Protocol.Land Partners with Astro Labs to Introduce $qAR.
The $qAR token will power Protocol.Land’s tokenized buyback protocol, enhancing liquidity support.
SEDA Integrates WeaveVM for Next-Gen On-Chain Data Solutions.
WeaveVM enables real-time storage price oracles and high-frequency on-chain data access, significantly reducing storage costs and improving application performance.
SEDA offers programmable oracle infrastructure to support developers in building data-intensive applications.
FairAI Integrates AO for Enhanced Decentralized Computing Efficiency.
AO provides FairAI’s marketplace with ultra-parallel computing capabilities, enabling developers to deploy cost-effective solutions.
Ecosystem Education
AR.IO Post: "The First Permanent Cloud Network".
AR.IO enables permanent, secure, and transparent storage through decentralization and user sovereignty. It is multi-platform compatible and highly resilient.
Using a sustainable economic model, it incentivizes user and operator participation while collaborating with traditional cloud services to build a cohesive digital ecosystem.
LiquidOps Post: "Mechanics of Overcollateralized Loans and Liquidation".
Overcollateralized loans mitigate crypto asset price volatility risks by requiring borrowers to pledge collateral exceeding the loan value.
If collateral value drops below the liquidation ratio, the protocol automatically liquidates part or all of the collateral to repay the loan, ensuring protocol security and maintaining DeFi ecosystem stability.
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