Arweave Weekly Highlights Week 26 | Over $400 Million $stETH Deposited into AO, Permaswap Lists $BP / $AR Pair
Author: Kyle
Translator: Kyle
Reviewer: Lemon
Source: Content Guild Translation
Data from Arweave Network Last Week:
Arweave mainnet has completed a total of 178,364,517 transactions, with 1.57 TiB storage achieved in the past week.
Storage fee for this week stands at 0.748 AR/GiB, block reward at 3,303 AR, and endowment increased by 1,075.38 AR.
PermaDAO Incentive Distribution:
PermaDAO distributed a total of 126.2 $AR (equivalent to 5,352.61 USDC) and 8404 $BP as contribution incentives last week.
Weekly News Summary
🔥 Over $400 million worth of $stETH bridge assets have been deposited into the AO network.
🔥 AO testnet has sent over 200 million messages, reaching 210 million messages by July 1st.
🔥 everPay announced the launch of $BP token.
🔥 Permaswap launched a new trading pair $BP / $AR and initiated a liquidity incentive activity $AR / $TRUNK.
🔥 WeaveVM now supports asset interoperability with AO.
🔥 ARNS names now support the Arweave network.
🧵 AO Web Wallet now supports the Meme Frames feature.
🧵 Odysee previewed its biggest update in two years, to be released on July 10th.
🧵 ArConnect announced support for Simplified Chinese translation.
🧵 RedStone became a partner for the SheFi Summit in Brussels.
🧵 everPay updated the ecosystem overview for Arweave/AO.
🧵 RedStone announced partnerships with ZKsync and Taiko to provide price data feeds.
🧵 Weavers launched a new bounty: design "GM Weavers" images/GIFs.
🧵 SuperSight announced a partnership with Mind Network to integrate FHE technology into AVS.
🧵 Arweave Philippines community initiated the Balangay builder program.
🧵 Protocol.Land platform launched a bounty to improve and enhance the star feature for repositories.
Network & Project Progress
Over $400 million worth of $stETH bridge assets have been deposited into the AO network.
AO testnet has sent over 200 million messages, reaching 210 million messages by today (July 1st).
RedStone became a partner for the SheFi Summit Brussels.
AO Web Wallet now supports the Meme Frames feature.
Users can vote, stake, and mint Memecoin within the AO Web Wallet.
ArConnect announced support for Simplified Chinese translation.
WeaveVM supports asset interoperability with AO.
WeaveVM and AO enable asset interoperability through an asset bridge, allowing native use of their respective tokens in both systems. The elciao indexer ensures EVM data flows to AO and is permanently stored on Arweave, supporting AO's lightweight verification of EVM transactions.
WeaveVM leverages MEM and Smart Blobs to enhance computational interoperability with AO, allowing cross-system event reading and processing, and supporting AO in recognizing EVM address calls.
everPay announced the launch of the $BP token.
$BP is an innovative token issued by PermaDAO's Branding & Promotion Guild, allowing users to utilize promotional resources through BP consumption.
Permaswap launched a new trading pair $BP / $AR, allowing users to exchange $BP.
Odysee previewed its biggest update in two years, to be released on July 10th.
Weavers launched a new bounty: design "GM Weavers" images/GIFs.
Rewards: 3 AR (first place), 2 AR (second place).
Participation link: https://www.weaversofficial.com/bounty-bot
Permaswap and Trunk launched a 6-month incentive $AR / $TRUNK liquidity activity.
The first season runs from June 27th 12:00 PM (UTC) to July 4th 12:00 PM (UTC);
Prize pool: 150 $TRUNK.
ARNS names now support the Arweave network.
ARNS names are native to the AO network, launched by the AR.IO project.
Users can purchase ARNS names through AO and access their data via any Arweave gateway subdomain.
everPay updated the ecosystem overview for Arweave/AO.
Several projects have been added, including Llama Land, Outcøme, DEXI, DecentraMind, Oara, and Forever Agency.
Arweave Philippines community initiated the Balangay builder program.
The Balangay builder program aims to provide early access to AO computers, global learning sessions, funding support, and consultation services for builders in the Philippines.
Winning projects will receive $2,000 in funding and an opportunity to join the "Lakan" advanced builder program for further iteration and funding support.
Protocol.Land platform launched a bounty to improve and enhance the star feature for repositories.
Developers need to add new functionalities to the star button, including allowing users to star or unstar repositories and view their starred repository list.
Developers who successfully implement these features will receive a $200 bounty.
Project Collaborations & Integrations
RedStone now supports ZKsync's $ZK price data feed, aiming to enhance token reliability in governance and trading.
zkSync is a protocol using zk-rollup technology to achieve high-performance scaling on the Ethereum mainnet, enabling low-cost transactions and faster confirmation times.
RedStone announced a partnership with Taiko to provide price data feeds.
Taiko is a decentralized, permissionless, and secure Layer 2 solution fully compatible with the Ethereum Virtual Machine, designed to enhance Ethereum's scalability.
Integrating RedStone's core model can help Taiko improve the functionality and efficiency of Rollup.
SuperSight announced a partnership with Mind Network to integrate its FHE technology into AVS.
SuperSight uses FHE technology to enhance its AI-based decentralized visual system (AVS), enabling over 170,000 users to interact with the database through natural language processing, providing complex query services, and allowing AI agents to act on the data.
This partnership enhances the consensus mechanism among nodes using FHE technology, protecting the privacy of node computations and improving network security and reliability.
Ecosystem Education
Only Arweave Thread - "Introducing Dexi and Its Significance for Arweave and AO".
Dexi is a new autonomous data aggregator hosted on Arweave, designed specifically for AO tokens, with backend processing running on AO. It provides information on asset prices, trading volumes, liquidity, and market capitalization, all processed on-chain without any off-chain price data.
Dexi's launch signifies the formation of a truly decentralized financial ecosystem on Arweave, with Autonomous Finance building its core infrastructure.
Only Arweave Thread - "The Flywheel Effect of AO and Arweave".
Arweave provides permanent data storage, while AO computes on this data and stores the results. This interdependency ensures continuous demand for Arweave, enhancing network security and the overall ecosystem's sustainability.
The cooperation between AO and Arweave creates a self-sustaining ecosystem, driving the development of more complex decentralized applications, increasing platform adoption and actual use, attracting more users, developers, and miners, forming a virtuous cycle.
Apus Network Long Thread - "Apus Network's Trustless Model Benchmarking".
Apus Network uses AO to implement a trustless model benchmarking system, ensuring transparent, tamper-proof, and verifiable data processing, all handled on-chain.
AO provides Apus Network's system with transparency, immutability, decentralization, reproducibility, and a trustless environment, ensuring fair evaluation of AI and machine learning models.
-1720070474.png)
