Rubic Weekly Report 07/06/2023

Rubic
4 min readJul 6, 2023

--

Hey there, Rubicans! It’s time to check out the awesome achievements the Rubic team has attained this week!

Development

  1. Staking 2023

Rubicans, it’s the last week to make 12-month staking deposits!

Additionally, every Wednesday, we boost our revenue pool, with this week’s being at 91% APR.

2. SquidRouter Integration

This week, Rubic’s Dev team is working on the integration of Squid, a cross-chain router that is powered and secured by Axelar Network. Squid will be integrated as a cross-chain provider for BNB Chain, Ethereum, Arbitrum, Avalanche, Moonbeam, Fantom, and Celo networks.

With another integrated Cross-Chain Router, Rubic will become a more cost-efficient solution for your trades. We are aimed at becoming the ultimate solution for all crypto users!

ETA: Next week

3. PancakeSwap V3

For on-chain transactions, we are now integrating PancakeSwap V3 as a router for BNB Chain and the soon-to-be-integrated Polygon zkEVM networks.

PancakeSwap V3 offers the lowest fees in the industry for traders, increased fee returns for liquidity providers, and new tools that make the user experience even more seamless and user-friendly.

With this upgrade, PancakeSwap is now the most efficient, flexible, and user-friendly DEX available in the industry with up to 25x lower trading fees for traders as compared to V2.

ETA: Next week

4. Polygon zkEVM Integration

Currently, we are completing the testing stage of integrating the Polygon zkEVM network into the Rubic App for both cross-chain and on-chain swaps!

Polygon zkEVM is a decentralized Ethereum Layer 2 scalability solution based on cryptographic proofs to provide validation and fast finality to transactions. You can learn more about this network here: https://polygon.technology/polygon-zkevm

ETA: Next week

5. WalletConnect Update

Next week, we’ll complete the integration of WalletConnect 2.0. The WalletConnect v1.0 protocol was shut down on June 28, 2023. Thus, the Rubic protocol is migrating to WalletConnect v2.0.

WalletConnect v2.0, the next edition of the protocol for connecting wallets to dApps. The new version includes lots of valuable new features, but the most important thing to know is that the protocol has become more secure and includes support for the operation of several blockchains at once, while connecting to new decentralized applications is easier and faster.

Explore WalletConnect 2.0 -

https://medium.com/walletconnect/walletconnect-v2-0-protocol-whats-new-3243fa80d312

Marketing

  1. Rubic x PulseChain Campaign

Join our collaborative campaign with POWERCITY (PortalX DEX) on the PulseChain network!

Activate your wallet and become eligible for a whopping 75M $PLS, 850K $RBC, and $8,750 in WATT token (soon to launch) airdrops!

Promotion Rules

Between July 3rd and the 17th, users who make on-chain or cross-chain swaps on PulseChain via PortalX or Rubic will get unique Galxe NFTs, which will be a key to future airdrops in $PLS, $WATT, or $RBC.

There will be 4 Galxe NFTs to claim after completing the following tasks:

NFT 1: Cross-Chain Swap with PortalX or Rubic to PulseChain

  1. Complete a cross-chain swap to or from PulseChain using PortalX or Rubic. The minimum swap amount is $20.
  2. Subscribe to POWERCITY and Rubic’s Twitter Accounts.
  3. Like and retweet the announcement post from Rubic.

NFT 2: On-Chain Swap with PortalX or Rubic on PulseChain

  1. Complete an On-Chain Swap on PulseChain using PortalX or Rubic.
  2. Subscribe to POWERCITY and Rubic’s Twitter Accounts.
  3. Like and retweet the announcement post from POWERCITY.
  4. Attend a Twitter space hosted by @POWERCITYio (to be scheduled).

NFT 3: RBC Holders

  1. Hold more than 5,000 $RBC. Users should still hold the RBC in their wallet at the moment of the prize claim.

NFT 4:

  1. As a bonus, you can easily obtain a cool NFT by reading this article!
  2. Join the t.me/POWERCITYio Telegram group.

Once users have verified their activity on PortalX, Rubic, and PulseChain, and claimed respective NFTs, they can become eligible for 75,000,000 $PLS, 850,000 $RBC, and $8,750 worth of the soon-to-be-launched $WATT token airdrops.

Explore the details here: RBC Staking on Arbitrum: Up to 15% APR in ETH!

2. Rubic x Aurora Adventures Campaign

Rubic is thrilled to join the 3rd round of Aurora’s campaign in collaboration with Galxe!

Participate by making cross-chain swaps on https://rubic.exchange, converting any available token from Optimism, Ethereum, BNB Chain, Polygon, Avalanche, or Arbitrum, to Aurora.

https://galxe.com/aurora/campaign/GCAmoUWwj5

Aurora Adventures is an exciting 12-week+ campaign with a pool of $200K US dollars in Aurora tokens, designed to enhance your experience with the Aurora+ blockchain platform.

Explore Aurora Adventures now: https://galxe.com/aurora/campaign/GCTdfUN2GK.

--

--

Rubic

Rubic's Best Rate Finder tool for crypto swaps aggregates 90+ blockchains, 220+ DEXs and bridges, and 15,500+ crypto assets.