Hello, Rubicans! What an incredible summer week we’re having! Have you staked your RBC yet? Let’s dive into our weekly report to discover exciting news and updates!
Development
- Staking 2023
We’re very happy to announce that the highly anticipated new round of RBC Staking on the Arbitrum Network started this week on June 14th.
RBC holders can join Rubic Staking in 4 easy steps:
- Bridge RBC tokens: https://app.rubic.exchange/?fromChain=ETH&toChain=ARBITRUM&from=RBC&to=RBC&amount=50000
- Connect wallet to https://rubic.exchange/staking, select #Arbitrum
- Choose staking period
- Watch your investments grow!
Rewards will be paid in the native Arbitrum token — Ethereum, and funded by sharing 50% of earned Rubic fees. We expect up to ~7–15% APR in ETH, which is highly competitive in the current market. APR is not static and will depend on the multiple factors described in the article: RBC Staking on Arbitrum: Up to 15% APR in ETH!
On the very first day, you all have already staked an impressive amount of over 2.7 million RBC! That is truly exciting, and we thank you for your incredible engagement! As you can see, due to a lower pool, the APR is very attractive right now, so hurry up!
2. DLN Integration
This week, we’ve integrated DLN, powered by deBridge Finance, as a provider for cross-chain swaps!
This integration enables lightning-fast trades, hyper capital-efficiency with ultra-low spreads and no slippage or MEV frontrunning, high security, and deeper liquidity for larger orders without non-linear price impact.
3. Cross-Chain Providers Update
At Rubic, we prioritize the continuous improvement of our app, striving to provide an exceptional user experience.
In line with this commitment, we’ve rebuilt the architecture of XY Finance and Symbiosis integrations. New approach enables better rates for cross-chain swaps via XY and Symbiosis as providers!
4. PulseChain Integration
Soon, PulseChain will be available on Rubic. In two weeks, ChangeNOW will integrate PulseChain and its native token, PLS.
About PulseChain
Although the PulseChain mainnet was launched just recently, it is already in the Top 10 list of blockchains by TVL on DefiLlama.
Additionally, we are proud that Portal X has a long-standing partnership with Rubic as our SDK integrator. This collaboration further solidifies the strong relationship between Rubic and PulseChain’s ecosystem.
Benefits of the PulseChain Integration for Rubic’s Users:
- Easy access to PLS: Users will be able to buy PLS, the native token of PulseChain, directly on Rubic’s platform.
- Increased Exchanging Opportunities: This integration expands the scope of exchanging pairs, which enables users to broaden their investment portfolios and discover the opportunities presented by PulseChain’s ecosystem. Additionally, this integration opens up the possibility to swap PLS for more than 850 other assets.
- Continued Platform Innovation: By integrating cutting-edge blockchain projects like PulseChain, Rubic demonstrates its dedication to offering users the latest and most innovative options.
Marketing
- zkSync Era Campaign Rewards
Mark your calendars for June 27th! That’s when we’ll commence the distribution of rewards for our latest zkSync Era Campaign.
Remember, the Gas fee refund will only be given to those who claimed their NFT on the Galxe page. The Gas fee refund pool is limited to $10,000, so rewards will be distributed on a first-come, first-served basis.
Participants will be able to find their rewards on the “SwapToEarn” program page. Get ready to reap the benefits!
2. Web3 Incubation Program by Sony Network Communications and Astar
In March, 2023, Rubic has been selected for the Web3 Incubation Program, hosted by Astar Network and Sony Network. We’ve been committed to enhancing our product even further, and still continue to do so on a daily basis.
On June, 18th, we’ll be participating in the Demo Day. This event will be an opportunity for us to present our achievements to the Astar team and other participating projects! As part of this Incubation program, we’ve integrated Astar into our protocol and tools, enabling efficient cross-chain and on-chain swaps.
3. New Widget Integration
Meet zkSwap, the first Concentrated Liquidity DEX on zkSync Era. Recently, they’ve integrated the Rubic Widget, enabling an extraordinary cross-chain experience right on their website!
4. zkSync Verse Twitter Post
Recently, we’ve been mentioned in the list of DeFi projects with over 100K followers on Twitter by zkSync Verse! We are happy to be among the biggest projects like Uniswap and 1inch. As always, we’ll continue to grow, to improve our cross-chain solutions, and to enhance our protocol.
We’d like to thank our community for your support and trust!
