Rubic Weekly Report 05/13/22

Development

1. LP

Round 1 of our Liquidity Providing Program is Live! It is open to all users, with an APR of 27%. The first users are already participating and getting rewards every day, so you can start adding liquidity directly on Rubic right away via https://app.rubic.exchange/staking-lp.

2. Staking Rewards are being sent

As you know, due to the end of Round 2 of our Staking program, all participants were eligible to get an extra 20% of their rewards. To date, these rewards were sent to 90% of users. The snapshot of Round 2 participants has been taken on April 28th, so users can withdraw their funds at any time.

3. Rubic’s Protocol Improvements

Last week, we announced the coming integration of the Celer Inter-chain Message Framework to facilitate cross-chain swapping of tokens. The implementation of Celer IM will improve rates & greatly increase the maximum trade amounts for swaps at https://app.rubic.exchange.

4. Symbiosis Grant

We are thrilled to announce that the Rubic team has received a grant from Symbiosis for the integration of it into our Multi-Chain Ecosystem!

Marketing

1. Rubic is launching our account on CoinMarketCap Gravity — https://coinmarketcap.com/gravity/profile/CryptoRubic. It’s a crypto message board where you can check comments and alerts posted by leading projects and people in cryptocurrency.

Thank you for your continued and much-appreciated support!

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Rubic

Rubic

Rubic: A ‘one-click’ Cross-Chain Protocol + tools to enable it for apps. Trade over 15,000+ tokens, on and between 13 networks, through aggregation of 60+ DEXs!