Arweave Weekly Highlights Week 29｜Launch of Temporary Storage Application Arfleet, Release of AOS Web, Over $500 Million stETH Deposited, Astro Releases Whitepaper
Author: Wenchuan
Translator: Cikey
Reviewer: mingche
Source: Content Guild Translation
Data from Arweave Network Last Week:
Arweave mainnet has completed a total of 192,406,520 transactions, with 1.77 TiB storage achieved in the past week.
Storage fee for this week stands at 0.749 AR/GiB, block reward at 3,089 AR, and endowment increased by 1,145.16 AR.
PermaDAO Incentive Distribution:
PermaDAO distributed a total of 97.05 $AR (equivalent to 2,944.63 USDC) and 6,828.85 $BP as contribution incentives last week.
Weekly News Summary
🔥 AO Network's stETH deposits have exceeded $500 million.
🔥 Sam announced the upcoming launch of Arweave Temporary Storage v1.0 – Arfleet.
🔥 AO officially launched AOS Web.
🔥 Astro released its whitepaper.
🔥 The Hyper Parallel 2024 Asian Intercity Tour has started.
🧵 Arweave Japan community is about to be established.
🧵 PermaDAO has updated developer incentives and introduced a new grant program.
🧵 Sam plans to create Onchain Sam using the Apus Network pool.
🧵 Apus Network officially released its Proof of Concept (POC).
🧵 Keystone hardware wallet announced support for AO Network.
🧵 Weavers announced the third edition of the Weavers Raid hackathon.
🧵 MEM announced its integration as L2 for WeaveVM.
🧵 ArConnect's active users exceed 50,000.
🧵 AO Games announced the largest AO #GameJam event.
🧵 Permaswap launched the tIO/wAR trading pair.
🧵 Mind Network announced a partnership with Pendle to enhance PT's utility.
🧵 ArConnect now automatically imports any tokens received on the AO Network.
🧵 Arweave India announced three winning projects for the second round of the Hacker House Cohort.
Network & Project Progress
Sam announced the upcoming launch of Arweave Temporary Storage Solution v1.0 – Arfleet.
Arfleet will use Arweave for storage proof, AO for computation, and $wAR for payments.
Mainly suitable for large data storage needs.
AO Network's $stETH deposits have exceeded $500 million.
Arweave Oasis announced the launch of the HyperParallel2024 Asian Intercity Tour.
The tour will visit Shanghai, Hangzhou, Tokyo, Beijing, Shenzhen, and Taipei from July 20 to August 8, hosting offline events.
Event details and registration: https://lu.ma/0jde6l0f
The Arweave ecosystem will establish a developer community in Japan.
AO's official team announced the launch of AOS Web.
AOS is mainly used by developers to build and interact on AO, now accessible directly via wallet.
AOS Web allows users to log into the terminal of the decentralized supercomputer directly from their browser.
Permaswap launched the tIO/wAR trading pair.
tlO is the test token of ar.io.
Arweave India announced three winning projects for the second round of the Hacker House Cohort.
aoVest: A token vesting platform on AO.
FundARs: A permissionless ecosystem funding platform for AO and Arweave projects.
Convergent is a decentralized perpetual contract exchange on AO.
AO Games announced the largest AO #GameJam event.
The event will be supported by several major Arweave ecosystem communities.
AO Games plans to launch several AO-native games in August.
Apus Network officially released its Proof of Concept (POC) for model evaluation and fine-tuning.
This version showcases its core functionalities and basic framework, with the goal of validating system design and technical implementation, as well as collecting initial user feedback.
The process includes pool creation, model uploading, evaluation, scoring, and ranking.
The POC indicates that AO's decentralized computing power can serve as a missing component in creating a truly trustless GPU network for AI models.
everPay announced the development of the $wAR deposit feature by the community.
Users can now quickly obtain $wAR on AO using USDC on Ethereum.
Sam plans to create Onchain Sam using an Apus Network pool.
Onchain Sam aims to fine-tune and create a unique on-chain avatar of Sam Williams, showcasing Apus Network's ability to personalize and preserve digital identities on the blockchain.
ArConnect's active users have reached 50,000.
Llama Land announced that the top 5,000 users on the waitlist can now enter Llama Land.
Users can claim their $LLAMA rewards and request additional tokens.
ArConnect now automatically imports any tokens received on the AO Network.
Apus Network announced the release of Playground 1.0 on July 31.
This version will provide users with a new interactive platform to explore and engage with Apus Network's functionalities.
https://medium.com/@apusnetwork/apus-network-july-2024-bi-weekly-report-2-bb9af32ee800
Llama Land announced that users can view the $LLAMA token holders and circulating supply on ao.link.
AO Web Wallet announced support for $LLAMA.
Astro released its whitepaper.
Astro launched the USDA stablecoin, an over-collateralized stablecoin developed in the AO hyperparallel computing environment. The goal is to improve the stability, scalability, and security of blockchain transactions.
Whitepaper link: https://docs.astrousd.com/litepaper
BazAR announced support for the Othent wallet, simplifying the login experience for users.
Chrome is recommended for optimal performance. Please ensure that pop-ups are enabled and extensions are disabled.
Keystone hardware wallet announced support for AO Network and AO tokens.
Users can transfer and exchange tokens on the AO Network using the Keystone hardware wallet.
Users need to update the Keystone firmware to version 1.5.6 and ArConnect to version 1.17.0 for smooth operation.
BazAR announced the listing of $LLAMA, supporting trading with $wAR.
PermaDAO has updated developer incentives and introduced a new grant program to accelerate the development of the AO ecosystem.
The grant is divided into three categories: Arseeding/everPay, AO applications, and full-chain games.
Funding will be issued in equivalent $AR, divided into a base amount and a variable amount.
ar.io announced that its network portal and Arweave Name System (ANS) application are now open-source.
Weavers Launches the Third Edition of Weavers Raid – Online Asynchronous Hackathon!
The total prize pool is up to $10,000, with no application required and flexible participation.
Detail link: https://lu.ma/aqmu2dut
MEM Announces Integration as an L2 for WeaveVM
WeaveVM is an EVM-compatible network designed to handle complex large-scale data computations. It leverages Arweave for decentralized data storage to achieve atomicity of source code and data storage on the same ledger.
As an L2, MEM inherits EVM-level DA and has local access for caller and transaction validation.
Project Collaborations & Integrations
Mind Network Announces Partnership with Pendle to Enhance PT Utility
By staking PT on Mind Network and leveraging its fully homomorphic encryption for secure consensus, new incentives and utility will be provided to PT holders.
PT is the principal token in the Pendle protocol.
PermaDAO Announces Strategic Partnership with BeWater
BeWater is a technology-driven early-stage project accelerator and Web3 hackathon platform that unites various Web3 builders.
As part of this collaboration, PermaDAO has airdropped $BP Tokens to BeWater.
RedStone Announces Partnership with BitLen Finance
BitLen Finance is a DeFi protocol that offers lending, restaking, and BTC-pegged stablecoins.
BitLen uses RedStone as its pricing solution, providing updated and reliable data sources in the classic model.
Ecosystem Education
AO Games Blog Post – "AO: A Developer's Paradise"
The article discusses the advantages of the AO programming model in game development.
The AO model ensures that game characters and items remain active and operational even when players are offline. It includes an auto-pilot mode that allows characters to continue interacting in the game world.
This model supports game innovations, such as creating detailed histories for in-game items and enabling robust cross-game interactions.
The AO system architecture improves performance scalability by supporting parallel processing, avoiding common transaction congestion issues, and making the development environment more dynamic and accessible for creators.
@outprog_ar Tweet – "Developer Minting: An Insight into AO's Economic Model"
Developer Minting: A token minting model created by AO for developers, where they can lock aoETH through smart contracts and receive AO tokens as a result, enabling developer minting.
This model provides a new financing method for developers, attracting investors with aoETH to join projects and drive the growth of the AO ecosystem.
The author of the article suggests that as more quality assets enter the AO ecosystem, the minting rights of these assets will be diluted. However, the minted AO will ultimately flow to ecosystem developers, potentially offering opportunities for both AO projects and developers.
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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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