Greetings, Rubicans! This week, we are experiencing a tremendous influx of new users and followers, are launching a new campaign, and, as always, making our platform better for you. Let’s dive in and discover more updates in our Weekly Report!
Development
- Staking 2023
Summer is finally here, and we have some exciting news to share! The highly anticipated staking feature is getting closer and closer to its launch, and all the preparations for staking are currently in progress!
The Rubic Staking Program is launching in June on the Arbitrum Network, offering rewards in native Arbitrum ETH tokens for staking RBC, including your SwapToEarn RBC tokens.
Also, we’re glad to see that some of you have already come up with a strategy for this Staking Round!
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. Arbitrum Bridge Integration
For the purpose of launching the RBC token on Arbitrum, we are now integrating the RBC Arbitrum bridge into Rubic.
Our main focus during this integration is to enhance your experience in the Rubic Staking Round, making it more convenient. Once the integration is complete, you will have the ability to bridge RBC to the Arbitrum network seamlessly!
3. Fiat On-Ramp Update
This week, we are completing the improvement of our fiat on-ramp solution!
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.
This week, we’ll launch Rubic’s enhanced fiat on-ramp solution. With its cutting-edge interface, this upgraded version will upgrade 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.
Marketing
- zkSync Campaign Stats
We concluded our latest campaign on zkSync Era with astounding results, which have beaten all our previous records!
- 60,000+ unique Rubic app users in May! This puts us into the top 50 Web3 dApps globally if Rubic had been tracked by DappRadar!
- 75,529 on-chain swaps on zkSync Era
- 13,476 cross-chain swaps to and from zkSync Era
- 32,936 NFTs minted on Galxe
We are thrilled to witness such remarkable engagement from the Web3 community and look forward to bringing you more exciting campaigns in the future.
Gas refunds for the April zkSync Era campaign have already been sent to your SwapToEarn profile in RBC or to zkSync Era in SIS.
May refunds will be distributed soon, so be sure to follow our socials to stay updated and not miss out!
2. Bitgert Ventures
We are proud to announce that Bitgert invested $700K USD into Rubic!
Bitgert Ventures constantly scouts for revolutionary projects that align with their vision. Rubic has not only secured significant funding via this long-term partnership, but will also gain from their ecosystem and partner support.
With this strategic investment, Bitgert Ventures aims to propel Rubic towards a bright future while fostering growth and innovation in the blockchain industry.
3. Rubic and Litecoin Partnership
Recently, we’ve teamed up with the Litecoin Foundation to spread the world about the convenience that we offer in terms of swapping LTC across chains.
This partnership aims to bring DeFi closer to Litecoin users. This collaboration will enable faster, anonymous, and more secure transactions, providing enhanced accessibility for the Litecoin community.
By integrating with Litecoin, Rubic continues to strengthen its position as a Gateway to DeFi, actively driving interoperability between EVM and non-EVM networks. With Litecoin being one of the 60+ blockchains already covered by Rubic, this partnership further extends the platform’s reach and utility.
4. DeFi Month on TON: Joint Campaign
Recently, we’ve integrated TON blockchain into our platform, which now covers 60+ chains. This integration allows users to swap tokens between TON blockchain and 45 other supported blockchains.
To celebrate the integration, Rubic is hosting a special campaign with TON. Starting from May 31st to June 15th, users who swap more than $20 to TON on https://app.rubic.exchange will receive 200 RBC for their first swap, and 100 RBC for their two subsequent swaps. Only swaps from selected EVM networks count!
Read the full rules here: Rubic is joining the DeFi month on The Open Network (TON) for a joint campaign!
5. SwapToEarn Round 4
Yesterday, 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!
6. New Widget Integration
Rubic is welcoming BITToken Club as one of our Widget integrators!
The BITToken is designed to reward members of every crypto-community for their contribution and participation in the crypto space.
7. A Special AMA Recap
Last week, we held an AMA with our own CMO Elena Nova and Editor/SMM Dave Haggard. We’d like to thank you for your active participation and interesting questions!
Those, who missed the AMA can listen to the recap in our Telegram channel: https://t.me/cryptorubic/990
