Suzaku✓

🚨 New Suzaku-powered LST: $wsALOT We are happy to announce that $wsALOT is finally live on @avax C-Chain! $ALOT C-Chain holders can now liquid stake their tokens to participate in @dexalot L1 security and benefit from staking rewards and other perks 👀 Learn more 👇

RT @yieldyak_: A proposal has been put forward by Core Contributor @ravageur77 which, if approved, would lead to an orderly sunset of the Yield Yak protocol later this year. Below is the full proposal for transparency. Protocol operations continue as per usual during this process. __________________ Proposal for an Orderly Sunset of Yield Yak TL;DR - We propose an orderly sunset of the Yield Yak protocol. If agreed on, the Treasury (minus winddown costs) will be dispersed to YAK holders.  Claim #1 would  begin in early November,  followed by a second and final claim in December. - All Vaults and Farms would move to withdrawal only by November.  Vaults will be maintained and remain yield-bearing until December, after which deposits in underlying Vaults (aiAVAX, aiUSD, aiBTC, etc.) will no longer earn yield. - Yield Yak’s front-end will be supported until at least Q2 2027, after which any withdrawals would need to be made via Block Explorer - The Treasury is currently valued at ~$290,000 USD that will remain yield-bearing until the claim period.  The Treasury is currently in a mix of USDC and AVAX, but would be consolidated into AVAX prior to the claim.  YAK holders would burn YAK to receive AVAX during the treasury distribution. - The Treasury has pulled all of its liquidity for YAK liquidity ahead of this proposal. REASONING Launched in the defi summer of 2021, Yield Yak has had an incredible run as one the longest running community-rooted defi protocols on Avalanche. The protocol survived multiple bear markets, and experienced incredible highs, notably YAK being the most valuable airdrop in Avalanche’s history, and reaching $750 Million in Deposits back in late ‘21.  Yak Swap, our 100% free swap aggregator, has turned over billions in swap volume. And for the majority of the protocol's existence, Yield Yak has returned 100% of fees to YAK holders.   However, the protocol has struggled to grow in the past 18 months, notably: - Chain expansion proved difficult to acquire new users and ultimately unsuccessful - We failed to convince Avalanche institutional partners (DATs, among others) or the Foundation to support Yield Yak's flagship vaults (notably aiAVAX, despite its position as the highest yield AVAX vault in the ecosystem).  Our fee generation has relied on organic support from the community. - The regulatory outlook for curated vaults isn’t promising, putting smaller protocols like ours in a potentially increasingly vulnerable position from a risk POV. - $YAK holders currently receive 30% of revenue.  It has been considered to move this to 0% and 100% to Treasury to bridge the gap between burn & revenue, but this felt unfair to YAK holders with no clear growth drivers in the pipeline. Ultimately, it feels like the right time to sunset the protocol and also in the best interest of YAK holders as opposed to a slow drain of the Treasury. SPECIFICS Treasury - Burn is currently $9.5K/month, but this is after already making reductions in recent months to bridge the gap with revenue. - Treasury revenue sits at approx. ~$5K/month - Treasury is currently made up of 3 assets: $AVAX (in aiAVAX),  $USDC (in aiUSD), and a Pharaoh xPHAR position which stems from an original investment Contributors made back in 2023. What is proposed is that the AVAX and USDC will be consolidated into AVAX, which would be currently valued at ~$290K. The xPHAR position will be transferred to the remaining Team Operations / Contributors to compensate for winddown costs.  In this way the Treasury dispersion can be simplified into one single token, without needing to liquidate and burn half of the value of the xPHAR position.  Timeline should this proposal go forward. Late October: - Deposits are disabled on all Vaults and Farms - Revenue configured to go 100% to Treasury (so they can be collected to distribute to YAK holders in Claim #2; see below) Early November: Claim #1 goes live.  This claim will be calculated as “Current Treasury Assets divided by YAK in distribution minus certain specific wallets (including the Treasury).  The Claim will be live for 30 days from the point of creation.  Any unclaimed assets will be distributed in Claim #2 to users who partook in Claim #1. Early December: - Remaining Contributor salaries are halted - Vaults deposits will stop earning users yield - Claim #2  goes live. This claim will be for unclaimed assets from Claim #1 + Revenue earned by the Treasury during Claim 1. Eligible wallets for Claim #2 will be wallets who participate in Claim #1. Not before Q2 2027: Yield Yak front-end may no longer be supported, in which case withdrawals would need be made via Block explorer aiBTC Stream Finance Impacted Users:  Contributors will facilitate any aiBTC compensation from the Stream Finance incident should a resolution come to pass in the future. Next Steps Community questions & discussion, followed by a DAO vote on Snapshot _______________

RT @Team1FR: On est en direct pour le premier online builder event Team1 France 🔺🇫🇷 Avec Gauthier, cofondateur de Suzaku Network. Pendant ce workshop, Gauthier montrera comment l'IA a bouleversé la sécurité informatique, surtout en crypto, et ce que ça change pour des réseaux blockchain comme les L1 Avalanche. Lien du live ⏬

RT @SuzakuNetwork: 🇫🇷 Le 1er builder event avec Team1 France c'est demain Et c'est notre CEO @Nutymoon qui viendra nous parler de l'effet de l'IA sur la sécurité des blockchains et de pourquoi elle rend la décentralisation encore plus importante !

RT @Team1FR: On se retrouve le 8 octobre pour le premier online builder event Team1 France 🔺🇫🇷 Pourquoi, à l'ère de l'IA, sécurité et décentralisation vont de pair ? Avec @Nutymoon, cofondateur de @SuzakuNetwork. Pendant ce workshop, Gauthier montrera comment l'IA a bouleversé la sécurité informatique, surtout en crypto, et ce que ça change pour des réseaux blockchain comme les L1 Avalanche. Inscription ⬇️

RT @Team1FR: On se retrouve le 8 octobre pour notre premier online builder event Team1 France 🔺🇫🇷 Pourquoi sécurité rime avec décentralisation à l'âge de l'IA ? Présenté par @Nutymoon, cofondateur de @SuzakuNetwork. Dans ce workshop, Gauthier expliquera comment l'IA à totalement changé les dynamiques de la sécurité informatique notamment en crypto, et comment cela se reflète sur des réseaux blockchain comme des L1s Avalanche. Lien d'inscription ⬇️

RT @avax: 6 years of Avalanche 🔺 6 years of innovation, persistence, determination, setbacks, challenges, growth, passion, and 6 years of you. Thank you for being on this journey with us

🚨 Hypha is winding down The Hypha liquid staking protocol will stop operations on August 15th, and $stAVAX will stop accruing yield. As a result, we advise $rstAVAX holders to migrate their position to $rsAVAX 🔀 This can be done on either @yieldyak_ or Suzaku app!

For more information about the Hypha end of operations, see

The Suzaku App is now accessible through Binance Wallet! 💛🕊️

New integrations are now live on #BinanceWallet! Check out the newly added dApps: Hastra, Near Intents, Based One, Suzaku, Re, Avant Discover them now! ⤵️

RT @dexalot: Summer travel plans? Your liquidity doesn't need to sit idle. $wsALOT liquid staking is live. Stake your $ALOT, earn ~10% APY, and your tokens stay productive while you're poolside. Powered by @SuzakuNetwork. Stake at

1. Measure with GCP and GCI 2. Capture through tokenomics evolutions 3. Distribute to validators and to the ecosystem The plan is clear. If executed correctly, $AVAX will become an obvious crypto winner in the long term 🔺 Suzaku is here to support this effort 🕊️

RT @dexalot: $wsALOT is live on @avax C-Chain. Stake $ALOT. Earn ~10% APY. Keep your tokens liquid. Built on @suzakunetwork. Secured by Dexalot L1. Rewarded through DIP epochs. Your ALOT doesn't have to sit idle anymore.

RT @dexalot: Liquid staking powered by @SuzakuNetwork without complexity. Stake on @avax C-Chain. Secure Dexalot L1. Earn real yield. No lockups. No compromises. Just better capital efficiency for $ALOT holders.

RT @dexalot: Stake $ALOT on @avax. Earn ~10% APY. Keep your tokens liquid. Built on @SuzakuNetwork. Secured by Dexalot L1. Rewarded through DIP epochs. Your $ALOT doesn't have to sit idle anymore.

RT @dexalot: Staking @ALOT just got real. Stake your tokens. Earn ~10% APY. Rewards distributed through DIP epochs. Powered by @SuzakuNetwork protocol. Your tokens aren't sitting idle anymore. They're working.

RT @dexalot: $ALOT stakers are earning ~10% APY. Here's what happens when you stake: - Your tokens secure the Dexalot L1. - You get a cut of trading fees. - No lockups. - Unstake whenever you want. Via @SuzakuNetwork protocol. If you're holding $ALOT and not staking, you're leaving money on the table. Stake at:

Technology built for business needs security built for business 👉👈

Over the past several months, we’ve focused on one thing: showing what’s possible when blockchain technology is put to work. Today, we’re bringing that story together. Our new brand reflects a simple belief: the future of blockchain will be defined by businesses using the technology to move money, modernize infrastructure, and create entirely new products and experiences. You’ll also notice a renewed connection to the imagery that inspired our name. Because like an avalanche, transformational change builds slowly, gains momentum, and eventually becomes impossible to ignore. That’s the moment we believe this industry is entering. Avalanche. Technology Built for Business.

RT @Team1KOR: [주간 아발란체] 6월 셋째주 아발란체 소식을 정리해드립니다🔺 🔺 @avax 가 Avalanche Payments Collective, 일명 '아발란체 결제사 협의체'를 출범했습니다. 28개 기관이 뭉쳐 150개국 이상, 96개 통화, 약 220억 개의 페이아웃 엔드포인트를 지원하는 결제 네트워크를 구성했습니다. 🔺 FIFA의 선구매권 티켓팅 플랫폼이 아발란체 L1 위에서 운영되고 있습니다. 10만 장 이상의 선구매권이 발행됐고, RTB·RTT 거래 규모는 $25M을 넘어섰습니다. @CoinDesk 🔺 @DinariGlobal 가 규제준수형 아발란체 L1 기반의 거래 플랫폼에서 SpaceX를 포함한 주식·ETF·리츠 포함 350개 이상의 토큰화 자산을 24시간 거래 지원합니다. 🔺 @SuzakuNetwork 가 Ash Wallet을 아발란체 C체인으로 확장했습니다. @ash_avax 가 생태계 전반의 Safe 멀티시그 지갑 인터페이스로 자리를 잡아가고 있습니다. 🔺 @blaze_stream 이 첫 번째 빌더 챌린지 대회를 진행한다고 알렸습니다. Blaze API를 활용해 봇, AI 에이전트, 크리에이터 툴, 분석 플랫폼, 모바일 앱, 커뮤니티 툴 빌딩으로 경쟁하여 $5,000 상금을 노릴 수 있습니다. 🔺 @BenqiFinance 가 기존 자산을 계속 굴리면서도 더 건강한 대출 포지션을 유지하는 방법을 소개했습니다. 🔺 @YourGrails 가 아발란체에서 새로운 서비스팩 드롭을 진행했습니다. 🔺 @g1raffe_ 가 직접 손으로 그린 100개 한정 NFT 컬렉션의 신청 접수를 시작했습니다. 아발란체 커뮤니티 누구나 화이트리스팅 기회를 얻을 수 있습니다. 🔺 @AvaxTeam1 이 발칸 지역 빌더들을 위한 첫 번째 Builder Connect 밋업을 코소보에서 개최했습니다. 🔺 @Team1VN 이 대학 투어를 토해 100명 이상의 학생들을 만났습니다. 참가자들은 아발란체 L1 45개와 스마트 컨트랙트 70개 배포하며 개발을 학습했습니다. 🔺 @Team1TUR 가 두 번째 대학 투어를 마무리했습니다. @garantibbvakrp 의 지원을 받아 튀르키예 전역 학생들에게 블록체인 교육을 전달했어요. 🔺 @Team1BR 이 브라질 곳곳에서 월드컵 시청 파티를 열며 로컬 커뮤니티와 축구 팬들을 하나로 모았습니다. 🔺 @Team1PH 가 Philippines Blockchain Week 기간 중 @pudgypenguins 와 파트너십을 맺고 커뮤니티 이벤트를 열었습니다.

Another week, more signs of real world adoption across Avalanche 🔺 From global payments to FIFA ticketing, @avax stayed busy this week. Here's what happened: 🔺 @avax launched the Avalanche Payments Collective, uniting 28 organizations supporting payment flows across 150+ countries, 96 currencies and roughly 22 billion payout endpoints. 🔺 FIFA's ticketing initiative is powered by a custom Avalanche L1, with 100,000+ ticket rights issued and $25M+ in RTB and RTT volume, demonstrating blockchain adoption at global scale ~ @CoinDesk 🔺 @annabelleacta highlighted how @DinariGlobal coordinates liquidity across distribution partners on its Avalanche L1, enabling tokenized equity trading 24/7. 🔺 SpaceX is now available onchain through @DinariGlobal's regulated platform on Avalanche, joining 350+ tokenized stocks, ETFs and REITs with 24/7 access. 🔺 @SuzakuNetwork expanded its Ash Wallet offering to Avalanche C Chain, making @ash_avax the preferred interface for interacting with Safe multisig wallets across the ecosystem. 🔺 @blaze_stream launched its first Builder Challenge, inviting developers to build bots, AI agents, creator tools, analytics platforms, mobile apps and community tools using the Blaze API, with a $5,000 prize pool available. 🔺 @BenqiFinance showcased how users can keep assets productive while maintaining healthier borrowing positions through improved risk management. 🔺 @YourGrails launched new pack drops on Avalanche, continuing to expand its consumer collectibles experience. 🔺 @g1raffe_ opened applications for his upcoming 100 piece hand drawn NFT collection, with whitelist spots available through a community application process. 🔺 @AvaxTeam1 hosted its first Builder Connect workshop in Kosovo, bringing Avalanche education and ecosystem opportunities to builders in the Balkans. 🔺 @Team1VN brought its university tour to 100+ students, with participants creating 45 Avalanche L1s and 70 smart contracts while learning about Avalanche development. 🔺 @Team1TUR concluded the second edition of its university tour, bringing blockchain education to students across Türkiye with support from @garantibbvakrp. 🔺 @Team1BR brought together local communities and football fans through World Cup watch parties across Brazil. 🔺 @Team1PH partnered with @pudgypenguins to host a community wellness event during Philippines Blockchain Week, creating new opportunities for connection across the ecosystem. Another week of builders shipping and users showing up across Avalanche 🔺