Rubic is a Great Product and Tech We’re Proud Of

Today, 130 out of 2,150 live dApps currently operating on the market have become interoperable with Rubic, which accounts for 6% of the total number of live dApps on the market.

We plan to expand Rubic’s dApp share and reach 25% of the total number of dApps in 2023.

Today, Rubic generates up to 32% of volume to its integrated cross-chain providers, playing a massive role in their ecosystem development, while bringing more users and transactions to their platforms.

We’re proud of the product we’ve built and continue to improve. As long as blockchains continue to appear, there will be a demand for the quick and reliable cross-chain services we build.

Extra Tokens in Circulation

This has led to serious issues we are now facing with our tokenomics:

  • The RBC token has suffered from a 75% price decrease as a result of a 35M increased supply, which currently equals 158.5M Rubic tokens (initial max supply of 124M on Ethereum + 35M on BNB — 0.5M burned).
  • This extra amount hasn’t been locked in the current smart contracts, so it is not collateralized with ETH. Right now, we can only fix it with the new contract, as this is a huge number to buy back, even if it was possible.
  • The BRBC token price is currently higher than that of RBC, the RBC <> BRBC bridge cannot maintain the ratio of 1 to 1, and BRBC is no longer connected to RBC because there’s no more collateral for it on Ethereum (which 35M served for). Now, we need new tokenomics to fix it.

These factors play a crucial role in price instability and future token growth.

Also, our current tokenomics are far from being perfect — we need to have more token utilities and more financial opportunities to develop the project further.

There is, however, a way to resolve these issues. The only option we see to solve these issues is to relaunch our token with new tokenomics.

The New Token

  1. To get it, you should hold it in your private wallet, for which you hold the private key (regardless of which network it is on now — Polygon, BNB Chain, Ethereum).
  2. If you keep it on CEXs, please withdraw it to your private wallet.
  3. If the governance vote on the new tokenomics is successful, the snapshot will be done on December 12th at 12:00 CET. Centralized exchanges have to stop trading the old token after the snapshot.
  4. You will be able to claim the new RBC at a ratio of 1:1 to the old RBC (instructions on how to claim it will follow) — it will open in several days after the snapshot.

The new RBC will be listed on Uniswap V2 at the same price as it was before the snapshot.

Centralized exchanges should also resume trading after the replacement of the contract address.

New RBC Supply

More RBC can be minted in the next few years (2024+) for additional marketing, partners, VCs, and ecosystem growth. The Max supply that can potentially be minted as per the new contract is 1,000,000,000 RBC. Emission dates are not set and are to be decided separately, if and when one is necessary. No other emission on top of 176M is planned in 2023.

The system of locks and vesting periods would help to prevent token price dumps (see the slide below for details).

Retrodrop to Holders

The total supply of 176M RBC, which is to be minted in December 2022, is also subject to a 7% retrodrop of 13M RBC to old RBC holders. It will be unlocked 6 months after TGE, with 25% being vested every 3 months during the year, to mitigate the risk of a price dump.

The 2022 airdrop is to be based on the following criteria (which are to be finalized via governance vote):

Holders for the last 18, 12, and 6 months

People who’ve held RBC/BRBC/wRBC tokens for the past 18,12, and 6 months will receive the airdrop with an increasing ratio depending on the length time which they have held RBC.

Staking V3 participants

People who’ve participated in Staking V3 will get an airdrop with an increased ratio.

Rubic NFT holders

People who’ve participated in Rubic Birthday Events and claimed the Rubic NFTs.

New Rubic Product for dApps

We’re planning to expand our SDK from just swaps to the aggregation of any cross-chain tech a Web3 dApp might need: from signals and oracles to NFT bridges and smart contract execution — in ready-made templates for DEXs, Lending/Farms, and more.

Besides all of these, we will continue to add new blockchains and DEXs to our protocol.

A dApp developer will no longer need to search for specific cross-chain service providers across the web, all of them will be inside the new Rubic umbrella SDK. We will tell you more about our new product in a separate communication.

Business Model

But going forward into the future, with a change in the overall competitive situation, Rubic is planning to include the following sources of income:

Bridges: To Provide Revenue, Share/Airdrops,
Blockchains: Integration Fees,
Retail: Transaction Fees,
dApps — SDK: Custom Fees + Subscriptions to Rubic Services,
dApps — Widgets: Custom Fees.

New RBC Token Utility

  • Governance: Token holders can participate in decentralized decision-making in the Rubic DAO.Grant programs for SDK integrators.
  • Distribution of partners’ airdrops to RBC holders.
  • SDK subscriptions and integration service fee in RBC.
  • Low Fees for RBC holders: Cut costs of cross-chain calls, exchange fees, & gasless fees.

Route to Market

There will also be 14% allocated to marketing (together with Treasury) with each emission, which will be unlocked starting 1 year after TGE, vesting monthly over 36 months.

How this money will be spent to lift Rubic to new heights:

1 — Spreading the word about Rubic’s SDK:

Grant programs for integrators

Cross-Chain Tech Hackathons and Conferences

Education materials & programs

Thematic articles, podcasts, and tutorial videos

2 — Forging partnerships to build up Rubic’s ecosystem

AMAs and collabs with Web3 Projects

Cross-Chain Meetups for founders of dApps

Direct selling to dApps

Strategic Investors

The Need for Additional Funds and Partnership Connections

Right now, the project doesn’t generate enough revenue from swaps to cover headcount expenses and any big marketing investments for a new product. The competitive situation in the bear market doesn’t give us an opportunity to increase fees, unfortunately.

In the given circumstances, Rubic has to start negotiations with funds and VCs about additional investments in the updated version of Rubic (extended all-cross-chain SDK). These investments will propel us forward even further — not only with plentiful resources and manpower, but with what’s even more important — significant partnerships and connections, which will help to integrate Rubic’s SDK into infrastructurally important Web3 projects.

The new proposed seed round share is 15%. The vesting schedule should mitigate any possible price dumping: VC funds unlock after 1 year, and vest monthly over a period of 12 months.

Staking V3 to Be Closed

In the future, we want to offer staking to our B2B integrators, so that they have the motivation to hold RBC to use our SDK/ Widget.

Governance Vote

You’re the true Rubicans, and we want you to decide on the future path for Rubic.

The vote will start on Friday, December 2nd and will finish on December 5th.It will be held at (exact link to be published later).

We count on your support!

These changes are essential for the future of Rubic. As we don’t want to be limited to just swaps, we want to encompass all the best cross-chain services of the entire cryptosphere.

We want to lead cross-chain for Web3 and believe that with your support, we have the full capacity to do that.



Rubic is a Cross-Chain Tech Aggregator for users & dApps. Rubic aggregates 40+ chains, 90+ DEXs & bridges, and enables swapping of 15,500+ assets in 1 click.

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Rubic is a Cross-Chain Tech Aggregator for users & dApps. Rubic aggregates 40+ chains, 90+ DEXs & bridges, and enables swapping of 15,500+ assets in 1 click.