Arweave Weekly Highlights Week 17｜AO Ecosystem’s first cross-chain bridge AOX, the first stable coin USDA
Author: wenchuan @ Contributor of PermaDAO
Translator: Xiaosong HU @ Contributor of PermaDAO
Reviewer: Zwi @ Contributor of PermaDAO
Arweave's data from last week: The mainnet completed a total of 219,743,724 transactions, achieving 1,010 TiB of storage in a single week.
This week, the storage cost is 0.748 AR/GiB, and there has been an increase of 747 on-chain addresses.
PermaDAO distributed a total of 144.67 $AR last week (equivalent to 4817.21 USDC) as contribution incentives.
Weekly News Summary
🔥 everVision launches the AO ecosystem’s first cross-chain bridge - AOX.
🔥 AO currently has more than 2 million messages per day, and the testnet message volume has exceeded 37,700,000.
🔥 Arweave ecosystem’s first stablecoin protocol Astro testnet is online.
🔥 Adot completes US$3 million in Pre-Series A financing
🧵 Akord announced that it is now possible to earn $U by uploading Arweave content.
🧵 WeaveDB’s on-chain transactions has exceeded 300,000, and more than 1800 databases have been deployed.
🧵 Permaswap launches AOCRED/AR Liquidity Incentive Season 2!
🧵 Developer DAO kicks off a $2000 ar.io Thread competition.
🧵 The RedStone Miners Ambassador Program is open for applications.
🧵 Sarcophagus initiates a video solicitation campaign for $1000 USDC reward.
🧵 There are more than 150,000 registered users on the 4EVERLAND chain!
🧵 ArDrive was launched on Product Hunt and became a Top 5 project within a week.
🤝 Adot announced a cooperation with CerboAI to jointly promote the development of decentralized data networks.
🤝 Glacier announced integration with Babylon to strengthen and expand the validator network.
🤝 Mind network announced a cooperation with Nimble network.
🤝 Glacier announced the integration of OKX Web3 and Binance Web3.
🤝 RedStone announced support for Curvance internal testnet
🤝 Adot announced cooperation with Atem Network.
🤝 everPay announced its cooperation with Uniport Network.
🤝 RedStone announced that it will provide $weETH price feed service for Linea
🤝 REVOX integrates with X layer and becomes the first AI project deployed on X layer.
Network & Project Updates
everVision launches the AO ecosystem’s first cross-chain bridge—AOX.
The built AOX enhances everPay’s cross-chain functionality to provide a wider range of services.
The beta version of AOX will be launched in mid-May, enabling the transfer of $AR between Arweave and AO.
AO currently delivers over 2 million messages per day.
https://twitter.com/aoTheComputer/status/1783969249821900859
Adot completed a Pre-A round of financing of US$3 million, led by Hash Global, with participation from gumi Cryptos Capital and Xin Family.
Adot has raised a total of $6 million in funding to date.
The Arweave ecosystem’s first stablecoin protocol Astro testnet is online.
Users can deposit tAR to mint USDA, a stablecoin supported by Astro.
Developer DAO kicks off a $2000 ar.io Thread competition.
Developer DAO is a Web3 learning and building community owned and managed by developers, designed to accelerate the education and impact of a new wave of web3 builders.
How to participate: Tweet explaining the importance of ar.io, such as: what special gateways are and how they work, how builders leverage them, how network incentives reward gateway operations business and what it means for the future of permanent networking.
Deadline: April 29, 23:59 pm (UTC)
Prizes: USDC worth $2000 in total, and all submissions at Level 1 will receive free ArNS.
Submit form at: https://app.deform.cc/form/f4f85bbc-044a-4ead-b4fd-33447c0077a0/?page_number=0
https://twitter.com/ar_io_network/status/1784223701770076361
Akord announced that $U can now be earned by uploading Arweave content.
WeaveDB’s on-chain transactions has exceeded 300,000, and more than 1,800 databases have been deployed.
Most transactions are conducted in batches, and the actual number of transactions is higher.
Permaswap launches the second season of the AOCRED/AR liquidity incentive campaign!
The total incentives for this event are 30,000 $HALO.
Event time: April 24, 12:00 (UTC) - May 24, 12:00 (UTC)
4EVERLAND supports Sepolia testnet on Ethereum.
https://twitter.com/4everland_org/status/1783046559430828527
Sarcophagus initiates a video solicitation campaign for a $1000 USDC reward to learn how everyone protects critical data through tools.
Deadline: May 9, 12pm (EST)
Topic: How Sarcophagus prevents you from asset loss.
https://twitter.com/sarcophagusio/status/1783529254443217271
ArDrive was launched on Product Hunt and became a Top 5 project within a week.
Product Hunt is a product similar to app store.
https://twitter.com/redstone_defi/status/1783133928716714182
4EVERLAND announced that the number of its registered users on-chain has exceeded 150,000!
https://twitter.com/4everland_org/status/1782601224942153833
The RedStone Miners Ambassador Program has opened applications to further drive the expansion and adoption of RedStone.
The program contains five levels, and completing tasks will accumulate corresponding points.
Detailed introduction to the ambassador program:
Application deadline: April 28, 23:59 (CET)
https://twitter.com/redstone_defi/status/1782816843490816419
Project Collaborations & Integrations
Adot announced a cooperation with CerboAI to jointly promote the development of decentralized data networks.
CerboAI is a decentralized AGI network designed to support the model training process on network data and distributed inference architecture.
RedStone announced support for the $ETH+ price feed service through the core and classic models of the Ethereum mainnet.
$ETH+ is a basket of LST assets backed by rETH, wstETH, etc., issued by the Reserve protocol.
The Reserve protocol allows anyone to quickly create a token that is backed 1:1 by a collection of other tokens. It distributes revenue to RToken holders and 5% to RSR stakers, leveraging RSR stakers for over-collateralization and governance.
RTokens simplifies Ethereum staking by offering a diverse basket of LST, allowing users to earn rewards without meeting the minimum requirement of staking 32 ETH individually.
https://twitter.com/redstone_defi/status/1783888906053906933
Glacier announced the integration with Babylon to strengthen and expand the validator network.
Babylon, founded in 2022 by Stanford professors David Tse and Dr. Fisher Yu, is a protocol that scales Bitcoin to secure the decentralized economy.
This integration strengthens Glacier’s security, provides a modular design, and ensures decentralization and self-hosting.
Mind network announced a cooperation with Nimble network.
Nimble is a decentralized AI Orderbook that connects applications, developers, model training, GPU resources and data on the blockchain.
In this collaboration, Mind network’s FHE technology ensures data security in the Nimble network, thereby transforming decentralized enterprise-grade artificial intelligence in social, gaming, DePIN, intent analysis and markets.
https://twitter.com/mindnetwork_xyz/status/1783518436879929684
4EVERLAND announced a partnership with Infinimos.
Infinimos is an innovative decentralized liquidity staking derivatives platform. It leverages the power of the Cosmos ecosystem to provide users with a unique opportunity to participate in liquidity staking derivatives.
https://twitter.com/4everland_org/status/1782966332180631854
REVOX announced its integration with the X layer, becoming the first AI project deployed on the X layer.
RedStone announced that it will provide $weETH price feed service for Linea, and Zerolend will also use this service.
Curvance is a modular protocol for optimized liquidity management, powered by Wormhole.
https://twitter.com/redstone_defi/status/1782771583272001819
Glacier announced integration with OKX Web3 and Binance Web3.
RedStone announced its support for the Curvance internal test network and provided it with thena, LRT, and LST related price feeding services.
Curvance is a modular protocol for optimized liquidity management, powered by Wormbole.
https://twitter.com/redstone_defi/status/1783133928716714182
Adot announced its cooperation with Atem Network.
The Atem Network is a decentralized content creation protocol designed to help creators tokenize their content and build Web3 communities.
everPay announced a cooperation with the Uniport network, aiming to redefine the boundaries of decentralized finance and cross-chain interoperability!
Uniport is a dual-chain architecture featuring a BTC re-collateralization layer, a creative modular blockchain built on Cosmos, Polygon CDK and Babylon.
Ecological Education
Sam tweeted that AO’s TPS far exceeds that of Solana.
Sam mainly explained the reasons from two different routes: shared memory and message transferring.
https://twitter.com/samecwilliams/status/1784008697351471154
Only Areweave published a blog post - "The Trilemma of Arweave and Blockchain".
The article believes that Arweave has launched a PoA (Proof of Access) network focused on security and decentralization, plus the addition of existing facilities in the ecosystem. As a result, scalability is no longer a problem, leading to the belief that Arweave has solved the blockchain trilemma.
ArConnect publishes a blog post - "Using ArConnect to Store NFTs/Collectibles".
Arweave provides a disruptive approach to NFT storage, ensuring the accessibility of digital assets. Unlike traditional blockchains, Arweave’s permaweb guarantees the secure and censorship-resistant storage of NFT data.
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💡 Initiated by everVision and sponsored by Forward Research (Arweave Official), PermaDAO is a "Cobuilding Community" focus on the theme of Arweave consensus storage. All contributions from PermaDAO contributors form the bedrock of data consensus. Let's embark on a journey starting with data consensus and delve into a novel paradigm for decentralized collaboration - Decentralized Autonomous Organizations (DAOs)!
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