Core Wallet Introduces Gasless Transactions on Avalanche

**Pharaoh V3 launches on Avalanche** with major upgrades for the DEX platform. **Key features include:** - Modular, audited architecture with gas optimization - New xPHAR token system - Migration portal now live at [phar.gg](http://phar.gg) **Platform achievements:** - Ranks among top 3 DEXs in Avalanche ecosystem - Distributed over $15M to holders through fees and incentives since v2 - Built with support from Ava Labs and Avalanche Foundation **Migration details:** - Open for PHAR holders, liquidity providers, and voters - Assets, governance, and liquidity move to upgraded contracts - Full documentation available at [docs.phar.gg](http://docs.phar.gg) The upgrade represents a significant step forward for one of Avalanche's leading DeFi protocols.

**Avalanche experienced significant growth this summer across multiple metrics:** - **DeFi TVL milestone**: Broke $2B in July for the first time in over 2 years - **Trading volume surge**: Hit $12B in August, highest since January 2022 - **Key DEX platforms**: Growth driven by PharaohExchange, BlackholeDex, and LFJ **Network achievements:** - Surpassed 4 billion total transactions - Reached $2.2B in stablecoins - Daily transfers now rival top blockchain networks **RWA sector expansion:** - Real World Assets market cap reached $305M - **58% growth** in just 30 days The network's momentum builds on August's institutional adoption, including Grayscale's AVAX ETF filing, tokenized assets from Dinari and Bowmore whisky, and Wyoming's state-backed stablecoin integration.

Colony has airdropped 388,860+ $SUZ tokens to $CLY stakers following their $500,000 $sAVAX liquidity provision to Suzaku Network. Colony achieved #1 ranking on Suzaku Points Leaderboard. Two key opportunities for $SUZ holders: - Stake $SUZ for $sSUZ to earn 1.5% of total supply in Year 1 - Provide SUZ/USDC liquidity on BlackholeDex with YieldYak auto-compounding Upcoming developments include: - New airdrops in $SUZ and other tokens - DeFi integrations and incentives - Protocol fee rewards Claim your airdrop at [Colony Lab](http://app.colonylab.io/airdrops)

**Tesseract**, built by the team behind Yield Yak, launches a trustless cross-chain trading platform on Avalanche. Key features: - Seamless asset movement between C-Chain and Avalanche L1s - Best pricing through aggregated liquidity across chains - No manual chain switching or bridging required - Plug-and-play integration for L1 operators The protocol leverages Avalanche's ICM and ICTT technology for secure cross-chain swaps. Already integrated with major DEXs including Uniswap, Curve, and GMX. *Why it matters*: Tesseract addresses the critical liquidity challenge for new chains in Avalanche's ecosystem, supporting the Million blockchain vision.

Colony Lab has announced its next project sale featuring Suzaku Network, a decentralization hub for Layer 1 blockchains. The project focuses on accelerating success for Avalanche L1s. Key Points: - Sale date confirmed for June 2nd, 2025 - Project aims to enhance L1 blockchain decentralization - Specifically targets Avalanche ecosystem development - Team noted for focus and commitment This follows significant community anticipation, with $CLY token holders expressing interest in new early-stage project opportunities on the platform.