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OAK Ecosystem Updates — San Francisco Events, Galxe Campaign, and TUR Burning Event

Ava Protocol

Ava Protocol

· 3 min read
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The OAK Team has been busy in November, delivering some incredible updates and events! The team is also working on other innovations and creative ways to keep the community involved with all the exciting news. With even more updates on the way, everyone should be excited!

Keep reading for all the details!

Check out the highlights from our San Francisco co-hosted events in November!

We co-hosted the Polkadot SF event with Crust Network, Moonbeam Network, Robonomics

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We also co-hosted the Crypto Happy Hour event with Electric Capital Anchorage, Magic Eden, Syndicate, Iron Fish

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Linda Liang, Project Manager

🍾 We won Parachain Auction 113 for the Turing Network!!!

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OAK Network announced a Token Burning Event aiming to decrease the circulating supply of TUR by 32% by reducing our treasury reserve!

Learn more:

Announcing Turing Network TUR Burning Event & New Token Burning Mechanism

We kicked off our first Galxe with a massive raffle for anyone with an Ethereum wallet with a total prize pool of 500 $USDT!!

Follow our Galxe Space because we have another campaign launching very soon!!!

https://app.galxe.com/quest/avaProtocol

Last month we submitted the following items for development and are excited to announce a series of upcoming upgrades to Turing Network, bringing several enhancements and improvements:

  1. Polkadot Code Upgrade: Turing Network’s Polkadot code has been upgraded to version 0.9.43. This upgrade aligns Turing Network with the Polkadot versions of Astar and Moonbeam.
  2. Turing Network Upgrade: Turing Network itself is undergoing a significant upgrade to version 2.1.0, with a corresponding runtime upgrade to 296. Please note that this upgrade will require an upgrade from all collator nodes.
  3. Improved Stability: We’ve addressed a syncing issue in Turing collator nodes. This fix resolves periodic process restart problems that occurred during the initial syncing.
  4. Library Enhancements: Our JavaScript libraries, oak.js, has undergone a major overhaul. Multiple packages within oak.js have been upgraded to align seamlessly with runtime 296, ensuring that developers have access to the latest features and improvements.

About Ava Protocol

Ava Protocol is an intent-based Eigenlayer AVS that seamlessly enables private autonomous transactions for numerous use cases, such as DeFi, NFTs, and games. We're enhancing decentralized applications with scheduled and recurring payments, stop-loss orders, streaming rewards, and more. Ava Protocol’s event-driven execution model triggers cross-chain transactions based on signals such as time, price changes, and smart contract updates. Developers can easily schedule and automate functions across different blockchains, including Ethereum, ensuring efficient and reliable execution without compromising privacy.

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Ava Protocol

About Ava Protocol

Ava Protocol is an intent-based infrastructure that empowers private autonomous transactions for Ethereum and beyond.