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-48-Arweave-Fullstack-Hack-Concludes-FusionFi-Protocol-Docs-Rele-071ee64af64b448587a9bc0cde908413?pvs=4
Arweave Network Data:
In the past week, the Arweave mainnet completed 231,290,269 transactions, reaching a storage volume of 1.95 TiB.
Storage fee for this week stands at 0.753 $AR/GB, block reward at 2,525 $AR, and endowment increased by 1,297 $AR.
AO Network Data (as of November 17, 2024):
The testnet has sent a total of 915 million messages; 2,596,445 $AO tokens have been minted.
Bridged assets include 134,687 $stETH and 117,319,188 $DAI.
PermaDAO Incentive Distribution:
PermaDAO distributed a total of 165.82 $AR (equivalent to 3,648 USDC) and 6,177 $BP as contribution incentives last week.
Weekly News Summary
🔥 Arweave Fullstack Hack concluded successfully, showcasing 30 outstanding projects.
🔥 Permaswap released documentation for the FusionFi protocol.
🔥 Lending platform Lagent is set to launch soon.
🔥 A new lottery protocol, Aolotto, is about to debut.
🔥 Apus Network officially kicks off its fourth competition pool.
🔥 Permaverse announces an upcoming $DUMDUM airdrop.
🔥 Sam Williams invites Phil Mataras to join the "Hack and Tell" podcast.
🔥 Protocol.Land partners with Astro Labs to introduce $qAR for enhanced token buyback liquidity.
🧵 Cyberbeavers' full day gameplay is coming.
🧵 SEDA integrates WeaveVM to create next-generation on-chain data solutions.
🧵 Dumverse testing officially launches, offering early access to users.
🧵 ArConnect subscription features are now live.
🧵 CLI tool AOForge is set to be released.
🧵 Cryptographically verifiable random number generator RandAO is live.
🧵 Patrick Skinner joins the AR.IO DevRel team.
🧵 A0_labs launches to support rapid creation of game landing pages.
🧵 WeaveDB becomes a community partner for DevFest Benin 2024.
🧵 FairAI announces full AO integration to enhance decentralized computing efficiency.
Network & Project Updates
1. Arweave Fullstack Hack Concludes with 30 Featured Projects.
- The event attracted over 300 participants, showcasing projects spanning payment systems, blockchain analytics, decentralized tools, and more.
- Five teams were awarded $5,000 for groundbreaking solutions, including an EVM-AO zero-knowledge bridge, a web analytics tool, a blockchain payment platform, an on-chain betting platform, and a historical data storage solution.
https://x.com/onlyarweave/status/1861871442767282664
2.New Lottery Protocol Aolotto Set to Launch.
- Aolotto temporarily disabled its faucet on Discord due to suspected bot activity.
https://x.com/aolotto_dao/status/1862096154131050806
3. CLI Tool AOForge Coming Soon.
- AOForge enables developers to create AO applications using Next.js or Nuxt.js, with apps fully hosted on Arweave. The tool was developed by the WeaveDB Nigeria team.
https://x.com/ao_forge/status/1861044294045344174
4. WeaveDB Partners with DevFest Benin 2024.
- In collaboration with GDG Benin, WeaveDB aims to drive technological innovation in the region. GDG Benin is a developer community based in Benin City, Edo State, Nigeria.
https://x.com/WeaveDB_Nigeria/status/1861048086409199917
5. Lagent Lending Platform Set to Launch.
- Lagent is a smart, decentralized lending platform that empowers users with financial independence. It allows users to create personalized lending agents to manage assets and loans, with AI-driven processes that optimize returns and mitigate risks.
https://x.com/Lagent_AO/status/1861072086045016291
6. Permaswap Releases FusionFi Protocol Documentation.
- The FusionFi protocol introduces a standardized Note data structure for creating, receiving, and submitting agents, supporting financial scenarios like swaps, arbitrage, and liquidity provision.
- With innovative features like zero-capital arbitrage and multi-hop trading, the protocol deepens the integration of order book and AMM models, expanding DeFi’s possibilities.
https://x.com/Permaswap/status/1861341178370892178
7. ArConnect Subscription Feature Launched.
- The new subscription feature supports flexible billing and premium services, empowering content and gaming platforms.
https://x.com/arconnectio/status/1861425038932525088
8. Cyberbeavers' Full Day Gameplay is Coming.
- Previously available only during fixed hours, Cyber Beavers can now be played round the clock.
https://x.com/ao_builders/status/1861323997641593265
9. Apus Network Opens Fourth Competition Pool.
- This final pre-TGE competition allows 1,500 participants to upload datasets. In partnership with AR.IO and Decentramind, three whitelist entry options are provided for users.
https://x.com/apus_network/status/1862526941515149472
10. A0_labs Launches for Rapid Game Landing Page Creation.
- Developers can write Lua code while A0_labs handles the rest, simplifying the development of Arweave ecosystem games.
https://x.com/A0_labs/status/1861712973158322589
11. Sam Williams Invites Phil Mataras to the Hack and Tell Podcast.
- The discussion covered innovations in the Arweave and AR.IO networks, including ArDrive, the ArNS domain name system, multi-key compatibility, and the Turbo bundling mechanism.
- They also delved into DApp deployment optimization, user identity management, and emerging ecosystem opportunities.
https://x.com/aoTheComputer/status/1861005193434787874
12. Patrick Skinner Joins the AR.IO DevRel Team.
- Patrick will support the developer community by conducting workshops, creating tutorials, and driving the growth of the permanent cloud ecosystem.
https://x.com/ar_io_network/status/1861853766732972323
13. Cryptographically Verifiable Random Number Generator RandAO Launches
- Built on AO, RandAO delivers fast, fully decentralized, and verifiable randomness, offering developers a cutting-edge tool.
https://x.com/RandAOToken/status/1862495300855701591
14. Permaverse Announces Upcoming $DUMDUM Airdrop.
- With over 12,000 registered users and 4,000 daily active users, Permaverse aims for a 100% fair airdrop with no team or VC allocations.
https://x.com/ThePermaverse/status/1862986529104138734
15. Dumverse Testing Officially Opens for Early Users.
- Holders of the "Early Dumz" role can access details through a dedicated channel in the DumDumz Discord server.
https://x.com/Crypto_Cherie/status/186291852421962995
Project Collaborations & Integrations
1. Protocol.Land Partners with Astro Labs to Introduce $qAR.
- The $qAR token will power Protocol.Land’s tokenized buyback protocol, enhancing liquidity support.
https://x.com/ProtocolLand/status/1861107591742677408
2. SEDA Integrates WeaveVM for Next-Gen On-Chain Data Solutions.
- WeaveVM enables real-time storage price oracles and high-frequency on-chain data access, significantly reducing storage costs and improving application performance.
- SEDA offers programmable oracle infrastructure to support developers in building data-intensive applications.
https://x.com/sedaprotocol/status/1862521679118782969
3. FairAI Integrates AO for Enhanced Decentralized Computing Efficiency.
- AO provides FairAI’s marketplace with ultra-parallel computing capabilities, enabling developers to deploy cost-effective solutions.
https://x.com/getFairAI/status/1862194916967031224
Ecosystem Education
1. AR.IO Post: "The First Permanent Cloud Network".
- AR.IO enables permanent, secure, and transparent storage through decentralization and user sovereignty. It is multi-platform compatible and highly resilient.
- Using a sustainable economic model, it incentivizes user and operator participation while collaborating with traditional cloud services to build a cohesive digital ecosystem.
https://x.com/ar_io_network/status/1861063634488787256
2. LiquidOps Post: "Mechanics of Overcollateralized Loans and Liquidation".
- Overcollateralized loans mitigate crypto asset price volatility risks by requiring borrowers to pledge collateral exceeding the loan value.
- If collateral value drops below the liquidation ratio, the protocol automatically liquidates part or all of the collateral to repay the loan, ensuring protocol security and maintaining DeFi ecosystem stability.
https://x.com/Liquid_Ops/status/1861743842661204165
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