Baguette Weekly news 01

Baguette
2 min readMay 9, 2021

Some figures to start

On May 1st at 6:00 p.m. Paris Time, Baguette was born! Within a week, $10,000,000 has been locked in the oven and the mill to bake delicious baguettes and almost $15,000,000 in assets were traded.

Out of the 7,000 eligible addresses, 3,450 have claimed the airdrop for a total of 8,625,000 $BAG distributed equally between the validators and the delegators of the Avalanche network.

A new airdrop standard

For the first time on Avalanche, a project has decided to reward those who participate in the Avalanche network. Our idea paved the way for a new king or airdrop and we shared our process and code with Avalaunch who decided to do the same.

We hope others will soon follow our path to encourage decentralization of the Avalanche network!

Listings

We have been listed on Coingecko as a cryptocurrency (we have applied to be listed as an exchange as well).

We have also been added on Yield Yak which is an autocompounder that automatically compounds yield farming and on Markr.io, a portfolio management and tracker tool on Avalanche.

Advisor announcement

Nicolas Lemaitre, General Manager at Ava Labs, was seduced by the idea behind Baguette and we’re proud to have him on-board with us since the very beginning of the project to advise us.

And to finish on a lighter note

During the Baguette launch weekend we composed and recorded the Baguette song ‘Come And Get Your Baguette’ and we can’t help but listen to it on repeat ever since!

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Baguette

A Community-backed decentralized exchange for Avalanche assets but with the perfect smell of freshly baked bread.