Rubic Weekly Report 05/16/2024

Rubic
6 min readMay 16, 2024

Welcome to Rubic’s Weekly Report! Let’s take a look at what has happened this week.

Summary:

  1. ✅ 3 New Providers Integrations!
  2. 🔗 New Blockchain Integrations: B² Chain, CoreDao
  3. 🔍 Rubic on Mode Layer3 Quest
  4. 🚀 Extra Blast Points for the Swaps via XY Finance
  5. 📢 Rubic’s New Warpcast Account
  6. 🚀 Staking APR of 54.75%

Development

  1. iZUMi On Mode

Exciting news for Mode Network users!

Rubic expands on-chain swap options for Mode users! Now with 3 providers to choose from — iZUMi, OpenOcean, Kim Protocol, you can pick the best fit for your needs, whether it’s speed or cost-efficiency.

2. Meson Finance Integration

We are integrating Meson Finance, a leading cross-chain protocol for BTC Layer 2 assets, for swaps across chains on Rubic, including 2 new blockchains — CoreDao & BSquared Network!

Meson’s impressive stats: trading volume — $6.835B, total transactions — 46.345M.

3. B² Chain Integration

Currently, we’re actively exploring the integration of the B² Network into our ecosystem through Glow Swap for on-chain swaps & Orbiter for cross-chain.

B² Network is a Layer-2 BTC solution that bolsters transaction speed and broadens application diversity without sacrificing security. B² Network is the first zero-knowledge proof verification commitment rollup on Bitcoin.

B² Network Stats:

WALLET ADDRESSES — 1,105,119

TRANSACTIONS — 21M

L2 TPS — 24.51

L2 AVG GAS PRICE — < 0.15 Gwei ($0)

4. CoreDao Network Integration

We’re also delving into the integration of the CoreDao chain, with Eddy.finance and SushiSwap as on-chain providers, and Orbiter as cross-chain.

Core DAO started as a community looking for better solutions, and that’s what it remains. With principles grounded in the premises of both Bitcoin and Ethereum, their power comes from embracing multiple ideas and communities.

Learn more about Corn DAO and their Incentive Program — https://ignition.coredao.org/.

5. New Providers Integrations!

We’re enhancing route options for your swaps! Currently, we are integrating several on-chain and cross-chain providers:

6. Staking Periods Update

Dive into the 1-month staking period with an APR of 54.75% this week!

For 9+ months, Rubic’s community has staked over 35M RBC, experiencing an impressive average APR of ~30%, reaching an ATH of up to 325%. We’ve already distributed over 122 ETH in staking rewards among our participants.

Join: https://app.rubic.exchange/staking

Marketing

  1. Rubic’s New Warpcast Account

Join us on Warpcast, a social media app built on the Farcaster!

Follow us for the latest news and stay tuned for more!

We’re gearing up for a special Layer3 quest to boost our Warpcast account. Get ready for some fun!

Subscribe: https://warpcast.com/cryptorubic

2. XY Finance x Blast Campaign On Rubic

Boost your swap experience to Blast through XY Finance on Rubic and earn extra Blast Points! Starting May 10th, elevate your chances of securing an airdrop from Blast.

Blast Points are awarded to users for participating in Blast ecosystem activities, such as borrowing, providing liquidity, and trading, and can be used to claim airdrops. In terms of allocation, 50% of the Blast Airdrop is allocated to Blast Points.

Learn more about Blast Airdrop:

https://rubic.exchange/blog/how-to-use-the-blast-tesnet-on-rubic/

3. Layer2 Farcaster DeFi Campaign

We’re excited to announce that Rubic is joining a 4-week Farcaster DeFi campaign with a 50,000 OP in rewards, funded by Layer3!

Complete a special quest by Rubic and enter a $5,000 reward pool! Details coming soon.

4. Rubic on Mode Layer3 Quest

Earn layer3’s XPs for your swaps on & to Mode network with Rubic!

Besides XPs, you can now earn Cubes, which could be a key to a potential airdrop by Layer3!

Swap on Rubic, join our Discord, claim your rewards & activate your wallet in Mode’s airdrop!

https://app.layer3.xyz/quests/rubic-on-mode

For an easier experience explore:

Video Tutorial: https://youtu.be/YHlX297JeUE?feature=shared

Step-by-step Guide:

https://rubic.exchange/blog/bridge-to-and-from-mode-network/

5. Rubic x Horizen EON Galxe Quest

Horizen Fun Never Ends! Dive into the Horizen Quest on Galxe! Complete social tasks & swaps to enter $100 Raffle:

1️⃣ Follow @horizenglobal & @HorizenLabs

2️⃣ Have the member role in Horizen’s Discord

3️⃣ Swap to Horizen from Ethereum or Avalanche on Rubic.

https://app.galxe.com/quest/horizen/GCJZxtzTvN

6. New YouTube Tutorials

Master seamless swaps with Rubic! Our brand new how-to videos on YouTube unlock the power of swapping across 70+ chains with 220+ DEXes and bridges integrated. Watch now and become a swapping pro!

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

7. New Intract Compass Quests

Intract Сompass explorers! Rubic is an approved protocol on Linea, Scroll, Blast & Base Compass Campaigns!

Complete easy on-chain & social tasks & level up your XP score. To engage with our Compass quests, follow the links provided below:

Rubic on Base Compass:

https://intract.io/compass/base/quest/65c232b4aba4e2ae3c99e068?campaign_initiator_type=ecosystem&campaign_initiator_id=8453

Rubic on Linea Compass:

https://intract.io/compass/linea/quest/65683bcad71898526d827c97?campaign_initiator_type=ecosystem&campaign_initiator_id=59144

Rubic on Blast Compass:

https://www.intract.io/quest/660d3ed70f5e5a9e823546cc

Rubic on Scroll Compass:

https://www.intract.io/quest/660d3f100f5e5a9e82354bea

Soon, we’ll join compass campaigns on zkSync, Blast, Scroll, & Mode.

8. Rubic On Metis Layer 3 Quests

Metis Airdrop buzz? Don’t miss out!

Jumpstart your journey with Layer 3 quests on Metis launched by Stargate & Metis!

➡️ Swap $25 to Metis and $20+ from Metis (m.USDT / m.USDDC) on Rubic, earn points & NFTs, & activate your wallet for a potential airdrop

1️⃣Bridges Campaign — https://layer3.xyz/quests/bridging-the-gap

2️⃣ Aggregators Campaign — https://layer3.xyz/quests/aggregate-on-metis

9. Rubic’s Layer3 Weekly Quest

Don’t miss out on our Layer3 Weekly Quest! Now with a bonus reward!

Besides XPs, you can now earn Cubes, which could be a key to a potential airdrop by Layer3! Mint CUBEs for every third transaction eligible in the weekly quest.

Your adventure begins here:

http://layer3.xyz/journeys/cross-chain-swap-on-rubic

For your Streak — Layer3 weekly tasks on Layer3, initiate cross-chain swaps from any of these source chains: Ethereum, BNB Chain, Arbitrum, Optimism, Base, Linea, Scroll, Polygon zkEVM, and Polygon, then swap to any supported destination chains.

About Rubic

Rubic’s Best Rate Finder tool for crypto swaps aggregates 70+ blockchains, 220+ DEXs and bridges, and 15,500+ crypto assets. In one click, you can find the best swap rate, highest liquidity, and transaction speeds.

Users no longer have to roam across Web3 platforms comparing rates and liquidity; you can now make cross-chain and on-chain swaps between any 2 available tokens in web3 directly on https://app.rubic.exchange/.

Crypto traders can also integrate Rubic within their MetaMask wallet. Using our built-in Best Rate Finder MetaMask Snap, you can automatically search and compare rates for any on-chain swap directly in your wallet: https://snaps.metamask.io/snap/npm/rubic-snap/.

We also provide tools for dApps to enable cross-chain swaps. Rubic’s functionality can be implemented by any crypto project willing to become interoperable, with an easy-to-install widget and fully customizable SDK.

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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.