Arweave Ecosystem Weekly Report #18: “The Most Robust” Edition
Arweave along with top ecosystem dApps appeared this week in the Messari 2022 Theses along with a note that decentralized storage is the most robust component of web3. To prove it, the permaweb has been bombarded with a record number of bundled transactions, a whole new blockchain’s worth of data, and the assets for a new NFT gaming platform…
Let’s dive into the ecosystem news for the week.
I. Arweave Network
Messari mentions Arweave in 2022 Theses
“Of the various components in the Web3 hardware stack, decentralized storage is arguably the most robust”, writes Ryan Selkis in the Messari 2022 Theses.
The report recognizes Arweave as the key player in long-term blockchain storage in contrast to the short-term services offered by IPFS and Sia. It also references Koii and KYVE as Arweave-based applications that can enhance the utility of Arweave for other chains and protocols.
Bundlr hits a new daily all-time-high
Bundlr Network, Arweave’s L2 scaling solution, has taken off since launch and far surpassed the daily volume of the Arweave base layer. To date, Bundlr has saved almost 62.5 million files to the permaweb – over 12 million since we last reported at the start of December. Today alone, Bundlr saved over 2 million files – 50x more than Arweave’s activity a year ago.
Another all time high. Over 50x more usage in less than a year 🙂.
Max daily TXs last year: 41,754.
Today: 2,191,612. https://t.co/bj26glw1Eo
— Sam Williams 🐘 (@samecwilliams) December 17, 2021
II. Arweave Ecosystem
KYVE starts archiving the Aurora blockchain
Following last week’s announcement of a NEAR pool, KYVE has now started staked archiving for Aurora. Aurora is “a product that helps Ethereum users and dApps to easily move to the NEAR blockchain”. The protocol is implemented as a smart contract on NEAR, and uses ETH for gas fees while offering a much cheaper rate. KYVE now archives across 9 pools including Avalanche, Solana, Celo and Moonriver.
Learn more 🔽https://t.co/muYTr5fKLH
— NEAR Protocol (@NEARProtocol) December 14, 2021
everFinance’s WAR farm on Uniswap breaks $2m total value locked
everFinance kicked off WAR liquidity mining in the big leagues last week, offering a WAR/ETH farm on Uniswap V3. Marking a 10x increase in 5 days, the farm now holds $2 million worth of the WAR/ETH token and offers an APY of 30% at the time of writing.
🐘Close to breaking the 2M TVL! Thanks for all the support.
— everFinance 🐘 (@FinanceEver) December 13, 2021
ArDrive hosts assets for the EtherDash NFT gaming platform
EtherDash is an Ethereum-powered rocket building NFT game with over 100 ETH in prizes. Players compete to collect parts and upgrades for their rockets; the first 3 to build a complete rocket split a portion of the minting fees from other players. The game’s assets are all stored on Arweave via ArDrive.
Drivers 🤝 Dashers pic.twitter.com/frP484T13D
— ArDrive 🐘 (@ardriveapp) December 10, 2021
Koii founder Al Morris talks at Dcentral Con Miami
Al Morris talks in a panel on “Why DeFi” about the history of DeFi and Koii’s Layer-N network, which bridges assets and liquidity between chains.
Are we losing control? Koii's Al Morris @al_koii talks about the importance of connecting #decentralized assets with Koii's Layer-N toolkit at Dcentral Con Miami🌴😎 https://t.co/xJBuLqLN5R #defi #DecentralizedFinance
— Koii 🎏 (@KoiiNetwork) December 10, 2021
Verto integrates Ramp to enable on-site AR purchases with credit card
Earlier this year, ArDrive partnered with Ramp to build AR token functionality into the fiat on-ramp, making it easy for users to get the tokens they need to store data. Now, Verto has added an integration with Ramp to make the process easier for users of the Arweave-based DEX. Read more here.
AR can now be purchased directly on Verto with fiat! 💵
Simply login with your ArConnect wallet and locate the menu in the top right corner.
— Verto Exchange (@vertoexchange) December 13, 2021
KYVE’s John Letey guests on Permaweb Pioneers
KYVE co-founder John Letey gives a fascinating history of his involvement with Arweave and the birth of KYVE in the latest episode of Only Arweave’s podcast, Permaweb Pioneers. He also discusses the potential for archiving Ethereum’s historical data as part of EIP-4444.
The latest Permaweb Pioneers episode is live today!
🎧Listen here: https://t.co/E3vwx3PkD3
A 🧵 of key takeaways👇
— Only Arweave 🐘⚡️ (@onlyarweave) December 16, 2021
Akord offers a discount on 10GB+ storage
In an effort to provide storage at an even cheaper rate than Arweave, Akord is subsidizing part of the upload costs, giving a discount ranging from 10-30%.
The price of $AR is dropping so some great deals on Akord right now…
1 GB – $6
10 GB – $54 (10% discount)
50 GB – $210 (30% discount)
PAY ONCE, STORE FOREVER 🤯 pic.twitter.com/9NXK8LlDYH
— Akord // hiring a ft community manager (@AkordTeam) December 12, 2021
Ecosystem dev David Whittington to stream SmartWeave development
Prolific Arweave dev streamer David Whittington will stream again today, this time walking through the development of Strongpool’s SmartWeave contract. Strongpool is a profit-sharing community/mining pool hybrid on Arweave with the goal of strengthening the Arweave ecosystem and proving the viability of a mining PSC. Support David on Patreon here.
— David Whittington 🐘🌐 (@djwhitt) December 16, 2021
Sarcophagus takes a vote on where to bridge SARCO liquidity
Last week we covered Sarcophagus’ plans to take the SARCO token cross-chain. This week, the DAO is voting on which network’s SARCO liquidity to incentivize first. The poll is taking place both on Twitter and in the Sarcophagus Discord – and different networks are in the lead depending on the platform.
The @sarcophagusio vote on which chain to support first with the V2 Tomb app and $SARCO LP incentives is here!#BSC #Polygon #Arbitum#Optimism #Terra #Solana
Cast your Vote now! (Comment if your choice is Solana or Terra)
— 𝙹𝚘𝚗𝚗𝚢𝚁𝚒𝚗𝚐𝚘.eth $SARCO (𓂀,𓂀) 🧜♂️🏛 (@JonnyRingo711) December 16, 2021
ArDrive publishes a wallet tutorial for new Arweave users
In making the transition from web2, one of the most alien concepts is a wallet. ArDrive has created an easy-to-follow video tutorial to help ease new users into the ecosystem.
New to the Arweave ecosystem? The first step is to get yourself a wallet!
— ArDrive 🐘 (@ardriveapp) December 16, 2021
Streamr integrates with RedStone
Streamr, a real-time data availability service, will act as the “ephemeral data transport layer that propagates real world data through the RedStone Finance oracle platform” in a new integration announced this week. The RedStone team state that Streamr will help them on their mission to provide decentralized and reliable data for the DeFi ecosystme.
— Streamr (@streamr) December 16, 2021
ASAP Twelvyy and Marc E. Bassy auction music videos on Glass
Glass never fails to bring world class artists to the permaweb. This week, the platinum award winning Marc E. Bassy auctioned the music video for Trouble for 2.1 ETH, and ASAP Mob member ASAP Twelvyy saw a 0.4 ETH sale for New Amerika. As always, both videos are available for free in high quality on glass.xyz.
everFinance plans to mirror shuttered Chinese crypto news site to Arweave
Following China’s pledge to crack down on crypto media in September of this year, ChainNews closed its doors recently with no statement from its founders. As one of the top crypto media sites in China, everFinance plans to upload the salvaged archive at chainnews-archive.org to Arweave and preserve it indefinitely.
One of China's top crypto news sites, ChainNews, shut down 3 weeks ago.
— arweave.news 🐘 (@ArweaveNews) December 13, 2021
MyMail goes into open alpha
Self-sovereign email is coming to Arweave. MyMail will bring web2 email into Arweave and make it easy to run your own permanent mail server. For now, an alpha weavemail client – which allows users to send messages to Arweave addresses – is live and ready to test. More info in our coverage below:
— arweave.news 🐘 (@ArweaveNews) December 13, 2021