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OAK Weekly Update - Jul 10, 2023

Ava Protocol

Ava Protocol

· 4 min read
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In the recent busy weeks, our team has been focused on continuously improving our blockchain code, XCM integration, and overall presence across Web3. Whether we are presenting in the San Fransisco area or participating in the Annual PolkaDot Decoded event in Copenhagen, we remain steadfast to delivering the best in class automation solution for Web3.

Moonriver Referendum #21, Turing Network Proposal Open/Accept HRMP channel and Register Asset xcTUR passed on June 29th allowing OAK’s Turing parachain to connect to the network. A huge thanks to everyone who voted for the proposal so we can now bring automation to EVM developers in the Moonriver ecosystem.

For more information including our recent technical development and more on growth, check out the details below!

🤝 Moonbeam Network gives details on the voting proposal for Referendum #21, Integrating Turing Network, with OAK Network’s Kusama parachain deployment via XCM:

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🌠 Chris Li showcases how OAK Network leverages Polkadot’s best-in-class blockchain ecosystem for interoperability using XCM & substrate:

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📸 The team is grinning ear to ear as they had a blast networking and sharing the power of on-chain automation at the one and only PolkaDot Decoded:

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🌳 Over the past year, we have seen some changes in our #ambassadorprogram, but we just want you all to know, that one thing has remained the same; you’re the real MVPs:

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👨‍💻 The OAK Network team submitted the following items for development in June:

Upgraded Turing Network to v1.9.0.1: We have implemented a minor runtime-only release to address and resolve XCM task issues within the Turing Network.
● Moonriver OpenGov Proposal: We have proposed an OpenGov proposal to establish an HRMP channel between Moonriver and the Turing Network. This initiative aims to enhance interoperability and collaboration between the two networks.
● xcTUR Asset Request: The Moonriver OpenGov proposal also includes a request to add the xcTUR asset to the Moonriver network, facilitating seamless cross-chain transactions.
● oak.js v1.9.0 Pre-release: We have created the pre-release version v1.9.0 of oak.js to align with the chain release v1.9.0, ensuring compatibility and functionality.
XCM Automation Demos Update: The XCM automation demos in XCM-demo have been updated to reflect the latest release, v1.9.0, showcasing the enhanced capabilities and features.


Technical Documentation Reference

🔗 Developer Documentation: https://avaprotocol.org/docs

🔗 OAK Blockchain: https://github.com/AvaProtocol

🔗 XCM-demo: https://github.com/AvaProtocol/xcm-demo

🔗 Grants Program: https://github.com/AvaProtocol/Grants-Program

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.