Author: Kyle
Translator: Kyle
Reviewer: Marshal Orange
Source: Content Guild Translation
Originally published at: PermaDAO
Original link: https://permadao.notion.site/Arweave-AO-Weekly-Highlights-Week-46-PermaHacks-Winners-Announced-Permaswap-Launches-qAR-wAR-C-103805578890496aae8cc19577f1ce9e?pvs=4
Arweave Network Data:
In the past week, the Arweave mainnet completed 223,004,552 transactions, reaching a storage volume of 1.96 TiB.
Storage fee for this week stands at 0.748 $AR/GB, block reward at 2,586 $AR, and endowment increased by 1,282 $AR.
AO Network Data (as of November 17, 2024):
The testnet has sent a total of 857 million messages; 2,473,771 $AO tokens have been minted.
Bridged assets include 145,132 $stETH and 118,158,159 $DAI, with a total value of $564 million.
PermaDAO Incentive Distribution:
PermaDAO distributed a total of 144.64 $AR (equivalent to 2,402 USDC) and 8,417 $BP as contribution incentives last week.
Weekly News Summary
🔥 Weavers unveiled all the winning projects from PermaHacks.
🔥 Permaswap launches the $qAR/$wAR trading pair.
🔥 Community Labs announced its investment in Basejump.
🔥 Protocol.Land launched the Builder Program to incentivize developers.
🔥 WeaveVM revealed its integration with SVM.
🔥 Autonomous Finance initiated the $AGENT airdrop campaign.
🧵 AOX launched a new homepage.
🧵 The total number of ArConnect wallet addresses surpassed 250,000.
🧵 Sam and other core members of the Arweave ecosystem participated in an X Space.
🧵 DecentraMind published its second bounty task with USDC rewards.
🧵 Arweave Philippines community partnered with Makerspace Innovhub to co-host an online webinar.
🧵 ArDrive launched the Turbo Credit sharing feature.
🧵 Botega introduced the $PIXL/$wAR liquidity pool.
🧵 Quantum launched its upgrade ahead of schedule, enhancing cross-chain performance.
🧵 Bazar requires wallet verification via the Vouch protocol for transactions.
🧵 DumDumz released its future roadmap.
🧵 Apus Network announced a collaboration with ObtimusAI.
🧵 Arweave India community is preparing for its second Demo Day.
🧵 WeaveDB Nigeria community participated in the first BIU 2024 conference organized by Web3UNILAG.
Network & Project Updates
1. Weavers Unveils All PermaHacks Winners.
- PermaHacks, an online hackathon hosted by Weavers, featured seven bounty challenges sponsored by AO and multiple ecosystem projects, with a total prize pool of $22,500.
- Winning projects include Everlink, Qpay, Qbit-pay, Secretorium, Iris, WeaveMint, Better IDEa Copilot and Composer, and Junction.
https://x.com/Weavers_Org/status/1855926234967839061
2. Community Labs Invests in Basejump, Ushering in a New Era of Gaming.
- Basejump introduced ACTION, an AI-driven gaming platform built on AO and Arweave, enabling cross-chain character and asset interoperability.
- The platform is scheduled to launch in early 2025, featuring social combat modes and real-time game creation tools, fostering gaming innovation and new business models.
https://x.com/basejumpxyz/status/1857436614244651292
3. Permaswap Launches $qAR/$wAR Trading Pair.
- $wAR and $qAR are wrapped $AR tokens based on different AO network standards.
https://x.com/Permaswap/status/1856909266839638133
4. Autonomous Finance Launches $AGENT Airdrop Campaign.
- Users can earn $AGENT tokens by completing simple tasks, with trading supported on the Botega exchange.
https://x.com/autonomous_af/status/1855997155040952573
5. ArDrive Introduces Turbo Credit Sharing.
- Turbo Credit holders can authorize others to use a portion of their credits for uploading data to Arweave without transferring control.
- The feature is integrated into the Turbo SDK and CLI, enabling developers and users to explore diverse use cases.
https://x.com/ardriveapp/status/1856034206003912877
6. WeaveVM Integrates SVM.
- The weave-svm toolkit now supports SVM computation and WeaveVM data settlement, facilitating L2 deployments for permanent storage solutions.
- It offers low-cost (~$0.03/MB) data storage directly on Arweave and supports rapid deployment of Solana dApps.
https://x.com/weavevm/status/1856051171485520337
7. Botega Launches $PIXL/$wAR Liquidity Pool.
- Beyond standard DEX functionality, Botega offers advanced trading features powered by AO's autonomous agent system.
https://x.com/OurBazAR/status/1856342636388585526
8. ArConnect Wallet Addresses Surpass 250,000.
- This milestone reflects the continued growth of the Arweave and AO ecosystems, with an expanding user base.
https://x.com/arconnectio/status/1856309900478988399
9. Protocol.Land Launches Builder Program.
- The 4-week program offers prizes in three categories—DeFi, consumer apps, and data tools—with $2,500 for each category.
- Developers are encouraged to build projects on Protocol.Land and launch tokens, promoting the growth of Arweave and AO.
- Registration link: https://lu.ma/a5xphvv7.
https://x.com/ProtocolLand/status/1857028231129358841
10. Quantum Launches Upgrade Early to Enhance Cross-Chain Performance.
- The MPC v2 upgrade improves bridge functionality and security. Withdrawals are paused during the upgrade, while deposits remain operational.
https://x.com/AstroUSD/status/1856431935255654835
11. DumDumz Releases Future Roadmap.
- DumDumz is developing a new website with more exciting plans to be revealed soon.
https://x.com/Crypto_Cherie/status/1856436071992832197
12. AOX Launches New Official Website.
- AOX has optimized its homepage design, offering a streamlined asset bridging experience for easy access to the AO network.
https://x.com/aox_xyz/status/1856567185428361710
13. Arweave Core Members Discuss PermaWeb’s Future on X Space.
- Key figures, including Sam Williams, Tate Berenbaum, James Piechota, and Drew Pierson, gathered to discuss the latest Arweave 2.8 update and its impact on the ecosystem.
https://x.com/ArweaveEco/status/1856351589935575277
14. Bazar Requires Wallet Verification via Vouch Protocol.
- All Bazar users must verify their wallets with at least 5 Vouch points to trade.
- Failure to verify wallets not only restricts trading but also affects continuous $PIXL rewards.
https://x.com/OurBazAR/status/1856742803595768102
15. DecentraMind Launches Second Bounty Task with USDC Rewards.
- Participants can win rewards by completing tasks such as commenting, retweeting, liking, and inviting friends. Only the top 20 participants will earn rewards based on points.
https://x.com/kylewmi/status/1857454029967851794
16. Arweave India Community to Host Second Demo Day.
- After three months of incubation, the second Demo Day is set to launch on November 20.
https://x.com/arweaveindia/status/1856376034255618168
17. WeaveDB Nigeria Community Joins BIU 2024 Conference.
- Hosted by Web3UNILAG, a registered Web3 club at the University of Lagos, BIU 2024 featured WeaveDB as a partner, contributing to panel discussions, keynote speeches, and project pitch contests.
https://x.com/WeaveDB_Nigeria/status/1857700245548958165
Partnerships & Integrations
1. Apus Network Announces Partnership with ObtimusAI.
https://x.com/apus_network/status/1856503769330266579
2. Arweave Philippines Collaborates with Makerspace Innovhub for Webinar.
- Makerspace Innovhub, a leading innovation hub in the Philippines, focuses on tech talent development, cybersecurity training, and startup support.
- The webinar, themed "Build on the PermaWeb," featured Tzar Umang and Theo Roque discussing building on the PermaWeb.
https://x.com/arweaveph/status/1856899184437399580
Ecosystem Education
1. LiquidOps Tweet: “What is an oToken”.
- oTokens are tokenized representations of deposits in lending protocols, earning interest and usable as collateral.
- oToken‘s value grows over time; for example, depositing 100 DAI yields oDAI that appreciates as interest accrues.
- Testnet will support oTokens for DAI, stETH, and qAR.
https://x.com/Liquid_Ops/status/1857112342997160239
2. Only Arweave Tweet: “25 Ideas Worth Building on AO and Arweave”.
- Developers can explore areas like virtual worlds, smart agents, and asset management for inspiration.
- Ideas include low-code world design tools, DeFi smart agents, and geolocation atomic asset tools.
https://x.com/onlyarweave/status/1857099940285075885
3. Outprog Tweet: “The High Bar of AO Development: How Docker and Staking Enable Flexible Architectures”.
- AO development requires flexible system architecture akin to Web2 microservices, coordinating multiple processes for scalable applications.
- Low-trust scenarios: Docker replaces staking with computation isolation for cost efficiency, suitable for collaborative tasks.
- Moderate-trust scenarios: Combine Docker and minimal staking, assigning small assets to each Docker container for balanced performance and security.
- High-trust scenarios: Combine staking with Docker for robust security and performance, dynamically adjusting task importance and trust levels.
https://x.com/outprog_ar/status/1857274937784074575
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