Rubic Weekly Report 03/05

Rubic
4 min readMar 5, 2021

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Here is our weekly update!

Development

1. Limit Orders feature is now live

This feature allows traders to buy or sell a token at a specific price: it is still possible to create trades via Order Book and then they will be closed automatically when the market (Uniswap) matches the order’s parameters including the fees.

The first available pair of tokens is RBC/ETH.

Currently, only the pair of tokens RBC<>ETH is supported in both ways and volume of the trade can’t be higher than 3 ETH. We will monitor the situation and trading volumes and will gradually increase liquidity and the maximum supported trade volume.

We plan to add new pairs and add Polygon and Binance Smart Chain blockchains support later.

Try it out now: https://rubic.exchange/

In case of any questions please see the updated FAQ section: https://rubic.exchange/faq

2. Platform refactoring:

  • Order book code refactoring

The Order book with limit orders functionality is a quite demanding service so we continue the order book refactoring: we have already reduced the amount of extra information of API requests by 15 percent and plan to reduce 10% more.

  • Rubic frontend code optimization

The number of users on the Rubic platform is increasing every day, so we continue the platform optimization to make our services reliable even under heavy load. We have already upgraded the Angular version that will improve the responsiveness of the platform up to 20 percent and test it on the dev servers.

3. Anonymizer application:

Merkle tree implementation:

  • Core is completed
  • Adding records to tree’s leaves, including validation completed
  • Deposit of assets

Trusted Setup Ceremony:

  • Parameters preparation completed
  • API development started

4. Github

Now you can find information about the development and our platform at our Github page

Marketing

1. This week we have announced our partnership between DASH NEXT and Rubic!

This partnership aims to create a one-place solution for DASH users. Rubic.exchange will enable users to exchange DASH for their upcoming wrapped versions (and vice-versa), which will be available on Ethereum and Binance Smart Chain networks as ERC20 and BEP20 versions, respectively.

You can read more here: https://cryptorubic.medium.com/rubic-exchange-will-become-the-one-stop-solution-for-dash-2eb275977b06

Also we want to thank our partners for spreading the news!

2. Song contest:
The first week of our contest has nearly passed and we already got 7 amazing songs and 2 authors of lyrics are waiting for musicians! The contest already lifted our spirits and made us laugh. We are waiting for your songs!

Don’t forget that the winners will get 100 dollars in $RBC! Team is excited to listen to your musical compositions.

Here are the rules:https://cryptorubic.medium.com/rubic-song-contest-918206a0889b

3. Limit orders and Uniswap FAQ section update

After implementing the latest features users expressed their questions, thus our FAQ page has been updated accordingly.

4. Team page

Rubic is growing! This week brought new members to the team, more about them here: https://rubic.exchange/team

5. Community numbers

And now is time for our tradition: here are our updated community numbers!

Holders — 6499–6552

Telegram chat →4312 →4310

Discord → 1621 →1692

Twitter — 4015 →4147

Youtube — 656 →676

6. Finally, we have updated our logo on MetaMask!

7. RBC updates

Team has the following tokens:

~4.700.000 unfrozen

~7.200.000 frozen

In total 11.900.000 (out of initial 12.000.000)

~4.700.000 allocated for Marketing.

Thank you for your precious support!

Rubic: https://rubic.exchange/

Uniswap:https://app.uniswap.org/#/swap?inputCurrency=0xa4eed63db85311e22df4473f87ccfc3dadcfa3e3

Probit: https://www.probit.com/app/exchange/RBC-USDT

CoinGecko: https://www.coingecko.com/en/coins/rubic

CMC: https://coinmarketcap.com/en/currencies/rubic/

Our social media channels:

Twitter https://twitter.com/CryptoRubic

Telegram https://t.me/cryptorubic_chat

Medium https://cryptorubic.medium.com/

Discord https://discord.gg/zmf9QF2Vuh

Youtube https://www.youtube.com/channel/UCuFejvCuMtepW-4nx1DNFfg

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Rubic
Rubic

Written by Rubic

Rubic's Best Rate Finder tool for crypto swaps aggregates 90+ blockchains, 220+ DEXs and bridges, and 15,500+ crypto assets.

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