Rubic Weekly Report 05/04/2023

Rubic
5 min readMay 4, 2023

Hello, Rubicans! We’ve had another busy week at Rubic, where we’ve been working hard to improve your crypto experience and make it as smooth as possible. Check out what we’ve been up to in marketing and development!

Development

  1. RBC Claim Window

This week, we opened another RBC token claim window for the SwapToEarn program. If you participated in the program, head over to our website to claim your tokens. Don’t worry if you missed out this time; we’ll be opening up another claim window in just 2 weeks. Stay tuned for more updates!

2. Fiat On-Ramp Update

Great news! Our development team is currently working on the next update for our fiat on-ramp, which will simplify the token purchasing process on our platform.

Presently, users have to complete two steps — buy native cryptocurrency for fiat and then transfer it to their desired tokens.

But with our coming update, users will be able to purchase tokens directly with fiat currency in certain cases, bypassing the second step altogether. This update will significantly enhance the convenience and accessibility of our platform, making it easier for users to buy tokens without any extra hassle.

ETA: May 10th-11th

Marketing

  1. Rubic, Symbiosis, and Mute.io Campaign on zkSync Era

Our huge campaign on zkSync Era is coming to an end tomorrow, and we couldn’t be happier with the results! We’d like to thank our fantastic community for their participation and support throughout the campaign period.

During the campaign, we achieved tremendous results with our users completing over 11,000 on-chain and cross-chain swaps to and from zkSync Era, minting over 17,700 NFTs!

We also had the privilege of participating in an exclusive AMA session hosted by Galxe, where we had the opportunity to connect with project communities and discuss our vision for the future of Rubic. The recorded session is now available for anyone who missed it. You can listen to it here: https://twitter.com/i/spaces/1yNGaNXdyygJj?s=20.

If you haven’t participated yet, there is still time to participate and receive your gas fees back. This is your last chance to take advantage of this opportunity, so don’t miss out!

To participate, check out our comprehensive airdrop guide to receive the NFT — https://galxe.com/Rubic/campaign/GCqpqU6CmF

Then make swaps to zkSync Era via Symbiosis to get Gas Refunds — https://galxe.com/Rubic/campaign/GCZB7U6pzA

Participants can receive up to 3 refunds for swaps from Polygon, Arbitrum, BNB, Avalanche, Boba, and Kava to zkSync Era, with a total limit of $5,000 refunded on the zkSync Era chain!

Additionally, the first 500 participants will receive an additional gas refund of up to $20 each for a transaction from the Ethereum Network to zkSync Era (with a total limit of $10,000 refunded in RBC through Rubic’s Swap to Earn program).

2. Rubic’s April Stats Update

Our platform’s continued growth is reflected in our latest stats update for April — with support for over 60 networks, we’re excited to see shifts in popularity among our blockchains.

This month, we’re happy to report that zkSync Era has gained significant traction alongside established leaders BSC, Polygon, & Ethereum.

Notably, Arbitrum has emerged as a source chain leader with impressive growth in share.

We’re especially proud to support five Ethereum L2 networks for Cross-Chain Swaps, including popular choices like Arbitrum, Optimism, and zkSync Era. In fact, these L2 networks now account for nearly half of all transactions on our platform.

3. Rubic & XY Campaign Results

We just wanted to let you know that we’ve sent out the rewards for our recent campaign with XY Finance. Winners can find their RBC tokens in their SwapToEarn accounts, while XY tokens will be distributed via airdrop by the XY Finance team until the end of this week.

Thanks again to all the participants — we couldn’t have done it without you!

4. Rubic Cross-Chain Tools’ Growth

We’re thrilled to announce that in April, Rubic’s widgets/SDK facilitated nearly 1.5K transactions, resulting in over $3.7M in volume! Our tools make it exceedingly simple to create cross-chain Web3 dApps.

Learn more about our development approach here: https://cryptorubic.medium.com/rubic-a-cross-chain-tech-aggregator-for-the-interoperable-future-of-web3-9d2ced2c4c21.

5. New SDK and Widget Integrations

This week, we are excited to introduce two new projects that have joined the Rubic ecosystem! The Rubic team is thrilled to witness the growing trend of projects going cross-chain with the help of our innovative cross-chain tools.

  1. My Kabosu

Kabosu Inu is an ERC-20 token dedicated to the appreciation and awareness of Kabosu, the Shiba Inu dog that inspired Dogecoin. Kabosu is one of the biggest inspirations in the memecoin world.

2. Nomad

The NOMAD project was created as an ERC-20 token to be forked into PulseChain when the mainnet goes live. After the fork, NOMAD holders will have their tokens mirrored in PulseChain and be able to take advantage of a 2% Pulse Liquidity tax, which will add extra value to their tokens before demand for Pulse surges.

5. Rubic’s Special AMA with Alexandra

Yesterday was an awesome AMA session with our co-founder Alexandra! We want to thank you all for participating and engaging with us. We hope you had a chance to ask your questions and that you received satisfying answers.

Here’s the recording: https://twitter.com/CryptoRubic/status/1653776310152613888?s=20

We’re looking forward to the next session, so make sure to stay tuned for more updates!

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Rubic

Rubic's Best Rate Finder tool for crypto swaps aggregates 70+ blockchains, 220+ DEXs and bridges, and 15,500+ crypto assets.