week19.png
2024-05-14

Arweave Weekly Highlights Week 19 | Autonomous Finance Launches Automated Investment Agent, everPay Launches Everloot #3 Event to Earn $TAOX, 0rbit Releases v1 Version

Author: Kyle

Translator: Kyle

Reviewer: Marshal Orange


Arweave's data from last week: The mainnet completed a total of 192,998,563 transactions, achieving 1.15 TiB of storage in a single week.

This week, the storage cost is 0.748 AR/GiB, and there has been an increase of 1,274 on-chain addresses.

PermaDAO distributed a total of 85.69 $AR last week (equivalent to 3855.26 USDC) as contribution incentives.

Weekly News Summary

🔥 0rbit has released its v1 version.

🔥 The AR.IO network is migrating to AO.

🔥 AR.IO has launched the AR.IO EXPerience.

🔥 everPay's Everloot #3 event is officially live.

🔥 Autonomous Finance has launched the first decentralized automated investment agent on AO.

🧵 Permaswap has started the second season of the $TRUNK/$AR liquidity competition.

🧵 New projects in the AO ecosystem, Permaverse and Forever Agency, are now live.

🧵 The AO Summit event is about to begin.

🧵 KYVE has surpassed 45 million transactions.

🧵 0rbit has opened the claim for $0RBT testnet points.

🧵 WeaveVM has released a new open-source tool, elciao.

🧵 ao Ventures hosted AO technical workshops and keynote events.

🧵 RedStone announces a partnership with Othentic to enhance economic security and reduce Oracle costs.

🧵 RedStone announces support for Fraxlend, SphereX, Mode, BOB, and Glyph, providing price feed services.

🧵 KYVE announces integration with SOURCE to merge reliable data with enterprise needs.

🧵 Weavers have started the Bounty Raid II event.

🧵 Sarcophagus announces deployment on the Base chain.

🧵 AOX's cross-chain incentive activity is booming, with the Wrapped AR Holder count exceeding 800.

🧵 Kwil announces a partnership with PowerPod to pave the way for a more interconnected future.

🧵 Mind Network announces a collaboration with Rivalz to expand its AI intelligence layer's functionality.

🧵 Anchorage Digital Bank announces becoming a qualified custodian for $AR.

🧵 Typr (AO Twitter) integrates Othent, supporting mobile browser logins.

Network & Project Updates

  1. The Permaverse project has gone live.

    • Permaverse is a metaverse, gaming platform, and launchpad built on AO.

    https://x.com/ThePermaverse/status/1789279388065779779

  2. The Forever Agency project is now live.

    • Forever Agency is a creative agency focused on the development of Arweave & AO.

    https://x.com/ArweaveOasis/status/1787379257267925260

  3. KYVE has surpassed 45 million transactions.

    https://x.com/KYVENetwork/status/1787498728024056303

  4. WeaveVM has released a new open-source tool, elciao.

    • elciao creates permanent records of EVM history by pushing EVM data to Arweave.

    • elciao enables lightweight verification of transactions and smart contract states from EVM chains by AO processes, ensuring data related to state changes, transaction outcomes, and other proofs are always available.

    https://x.com/weavevm/status/1787499311153992159

  5. 0rbit has released its v1 version.

    • 0rbit is a decentralized oracle network built on AO, providing access to limitless data on any AO process.

    • Limitless data means AO processes can access data from any valid source.

    https://x.com/0rbitco/status/1787170681559421417

  6. ao Ventures hosted an AO technical workshop and keynote event.

    • The technical workshop was held on May 7th, led by Arweave engineer Lorimer.

    • The keynote event was held on May 9th, led by Arweave core developer rakis.

    https://x.com/aoTheVentures/status/1787730513366757778

  7. everPay's Everloot #3 event is officially live.

    • The Everloot #3 event, hosted by AOX, allows participants to share a $10,000 $TAOX prize pool by completing simple tasks.

    • AOX is the first cross-chain bridge project connecting AO with various token ecosystems.

    https://x.com/everPayHQ/status/1787750259713769720

  8. Weavers kick off Bounty Raid II.

    • The Bounty Raid II event sets up development bounties and creative bounties, totaling a $10,000 prize pool, aimed at encouraging developers and creative talents to participate in the ecosystem.

    https://x.com/Weavers_Org/status/1788637562585874807

  9. AO Summit event is about to begin.

    • The AO Summit event will be held on May 15th in South Carolina, USA, bringing together builders, community members, and enthusiasts to share, learn, and connect for ecosystem development.

    https://lu.ma/AOsummit

  10. The AR.IO network is migrating to AO.

    • AO can bring more efficient interaction processing capabilities to AR.IO and support cross-chain signatures, expanding ecosystem connectivity.

    https://x.com/ar_io_network/status/1787928143795269922

  11. AOX cross-chain incentive activity is booming, with the Wrapped AR Holder count exceeding 800.

    https://x.com/aox_xyz/status/1789576336920687059

  12. AR.IO launches AR.IO EXPerience event.

    • Users participate in AR.IO EXPerience event by completing tasks on Zealy to earn EXP for future token airdrops.

    https://x.com/ar_io_network/status/1788237556489887921

  13. Permaswap kicks off $TRUNK/$AR liquidity competition season 2.

    • Duration: May 9th 12:00 (UTC) - May 20th 12:00 (UTC);

    • Prize pool: 10,000 $HALO.

    https://x.com/Permaswap/status/1788590177734037532

  14. Anchorage Digital Bank announces becoming a qualified custodian for $AR.

    • Anchorage Digital is a digital asset bank, primarily offering financial services for 74 digital currencies, facilitating traditional institutions' access to the expanding Arweave ecosystem.

    https://x.com/Anchorage/status/1788606290107019434

  15. 0rbit opens $0RBT testnet points claim.

    • Users can earn $0RBT testnet points by completing tasks on 0rbit.

    • $0RBT points can be used to make requests on 0rbit processes to obtain data from the AO network.

    https://x.com/0rbitco/status/1788627223680856309

  16. Sarcophagus announces deployment on the Base chain.

    https://x.com/sarcophagusio/status/1788614916347146715

  17. Autonomous Finance launches the first decentralized automated investment agent on AO.

    • The automated investment agent executes trades in various liquidity pools using a dollar-cost averaging (DCA) strategy. The agent operates autonomously on the AO platform without offline signals or human intervention.

    • Users can configure the agent through a frontend interface and perform lifecycle management operations while having detailed configuration and asset information.

    https://x.com/autonomous_af/status/1788608899974635555

Project Collaboration & Integration

  1. RedStone announces partnership with Othentic to enhance economic security and reduce Oracle costs.

    • Othentic Stack provides pre-built components for production use, enabling AVS to handle complex infrastructure tasks more easily.

    • RedStone AVS incorporates restaking into its modular Oracle architecture to enhance economic stability and reduce costs.

    https://x.com/redstone_defi/status/1787844941215145992

  2. KYVE announces integration with SOURCE to merge reliable data with enterprise needs.

    • SOURCE is a comprehensive blockchain technology suite for individuals, businesses, and developers to easily use, integrate, and build Web3 applications.

    • SOURCE will utilize KYVE's simplified data solution to support its historical chain data.

    https://x.com/KYVENetwork/status/1787860245131194799

  3. RedStone announces support for Fraxlend, providing price feed services.

    • Fraxlend is a lending platform facilitating borrowing markets between ERC-20 assets. The Fraxlend borrowing market requires oracles to provide market rates, and RedStone provides price sources for various tokens.

    https://x.com/redstone_defi/status/1787905260650119555

  4. Kwil announces partnership with PowerPod to pave the way for a more interconnected future.

    • PowerPod leverages Kwil's distributed database solution to provide trusted neutrality for the DePIN project, ensuring the network remains free from central authority intervention.

    https://x.com/KwilTeam/status/1788228721494667590

  5. Mind Network announces collaboration with Rivalz to expand the capabilities of its AI intelligence layer.

    • Rivalz is building the first AI intelligence layer to address the fragmentation and chaos of AI data.

    • Rivalz enhances the security computation and consensus of the Rivalz AI Intel Layer by leveraging Mind Network's solution.

    https://x.com/Rivalz_AI/status/1788555055819636977

  6. RedStone announces support for SphereX, providing $USDB price feed services.

    • SphereX is a decentralized cryptocurrency exchange aiming to provide users with a more secure, efficient, and user-friendly digital asset trading platform.

    https://x.com/redstone_defi/status/1788569792741605533

  7. RedStone announces collaboration with Mode, introducing a new price source for $MODE.

    • Mode is a modular Layer2 project focusing on the Defi track using Op Stack.

    https://x.com/redstone_defi/status/1788630051807953115

  8. Typr (AO Twitter) integrates Othent to support mobile browser logins.

    https://x.com/digyourinsight/status/1788133377499140224

  9. RedStone announces collaboration with BOB to provide price feed services.

    • BOB (Build on Bitcoin) is an innovative hybrid L2 network bridging the innovation gap in the Bitcoin ecosystem by combining Bitcoin and Ethereum functionalities.

    https://x.com/redstone_defi/status/1788992424251126188

  10. RedStone announces collaboration with Glyph to provide price feed services.

    • Glyph is the native lending protocol of Fraxtal, offering top-tier currency markets and enhancing liquidity within the Fraxtal ecosystem.

    https://x.com/redstone_defi/status/1789324675824456123

Ecosystem Education

  1. Only Arweave tweet - "Explaining the Permanent Storage Formula".

    https://x.com/onlyarweave/status/1787844879978291451

  2. AO video tutorial - "How to Import Data into AO Network Using 0rbit".

    https://x.com/PSkinnerTech/status/1789001263809445946


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