Rubic Weekly Report 05/25/2023

Rubic
5 min readMay 25, 2023

Greetings, Rubicans! This week, we got even bigger with over 100,000 followers on Twitter and overwhelming transaction numbers! Let’s see what else we’ve achieved this week in our Weekly Report below!

Development

  1. Staking 2023

The Rubic Staking Program is launching soon on the Arbitrum Network, offering rewards in native Arbitrum ETH tokens for staking RBC, including your SwapToEarn RBC tokens.

We’re also happy to see that our community supports the upcoming Staking Campaign and is ready to participate in it!

Staking periods will range from 3 to 12 months, and the total staking pool will be uncapped, offering a projected APR of up to 7–15% in native Arbitrum ETH, funded by the allocation of 50% of Rubic’s earned fees.

To participate in staking, you’ll need to bridge your RBC from Ethereum to Arbitrum using the official Arbitrum bridge. RBC earned in the SwapToEarn program can also be staked. To do so, you’ll need to claim them first — it’ll also be possible on Arbitrum!

2. SyncSwap Integration

Last week, we integrated SyncSwap as an On-Chain Provider for the zkSync Era network!

This week, we’ve fully completed the integration adding liquidity pools and Rubic’s smart contracts.

With SyncSwap now integrated, our users can benefit from a seamless and efficient swapping experience within the zkSync Era network.

3. Rubic Testnet App

Our Dev team is currently working on a testnet version of the App. The testnet version of the Rubic App, will provide users with the opportunity to actively engage in testnet launches of various networks. This means that users will be able to participate in the testing and experimentation of new blockchain networks or updates to existing ones, all within the Rubic App environment!

4. Fiat On-Ramp Update

At Rubic, we understand the significance of providing users with a seamless gateway for converting fiat currency into cryptocurrency. Understanding this need, we are diligently working on developing a more user-friendly and accessible tool that will simplify the process of entering the world of crypto.

In the near future, we’ll launch Rubic’s enhanced fiat on-ramp solution. With its cutting-edge interface, this upgraded version will revolutionize the way you purchase the most sought-after crypto assets. Our primary objective is to streamline the entire process, ensuring that it becomes significantly less complicated and more convenient for you.

Stay tuned for the unveiling of our new version of Rubic’s fiat on-ramp solution.

Marketing

  1. zkSync Era Campaign Statistics

Our recent promo on zkSync Era is again a huge success! We’ve had over 41,000 transactions and almost 23,000 unique users in just one week. But that’s not all!

On May 21st, we‌ set a new record with an astonishing 2,283 cross-chain and a whopping 10,429 on-chain swaps in a single day!

To join the promo, visit the Galxe page devoted to the campaign: Rubic Refunds Gas Fees For Swaps To And On ZkSync Era!.

You still have time to participate until ​​May 31st, 2023, to make cross-chain swaps to zkSync Era and on-chain swaps on zkSync Era with SyncSwap on Rubic!

2. 100,000+ Followers on Twitter

This week, we’ve hit an incredible milestone! We are thrilled to announce that our Twitter family has grown to over 100,000 followers!

We want to extend our deepest gratitude to each and every one of you who has joined us on this remarkable journey. Thank you for your continuous engagement and support!

This milestone is not just a number! It represents the countless connections we have built and the positive changes we have collectively made. Together, we are shaping a brighter future for Crypto and DeFi!

3. TON Upcoming Campaign

Rubic will participate in the TON DeFi month next week, and is proud to support the development of the TON ecosystem.

During the promotion period (May 31 — June 15, tbc), all users who complete swaps to the TON network will receive an amazing 100% extra S2E RBC tokens for their swaps! In other words, you will receive 200 RBC for the 1st cross-chain swap into TON, and 100 RBC for all the subsequent swaps respectively.

With our SwapToEarn loyalty program, you can earn RBC tokens by simply trading one cryptocurrency for another!

Don’t miss this amazing opportunity to earn extra tokens while trading on Rubic.exchange. Join Rubic’s SwapToEarn campaign now and start earning tokens today!

Learn more about the SwapToEarn program in our latest Medium post: https://medium.com/@cryptorubic/introducing-swap-to-earn-the-innovative-way-to-earn-crypto-tokens-bd37e2f3a2ce

4. A Special AMA

We’ve got an AMA coming up with our own CMO Elena Nova and Editor/SMM Dave Haggard on Thursday, May 25th at 3 PM UTC!

They’ll be covering weekly news updates and answering your submitted questions, which you can send us here: https://forms.gle/6rqtEMszqLWYgHea6

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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.