Hey there, Rubicans! Take a look at what the Rubic team has accomplished this week. Explore our latest Weekly Report below.
Development
- Staking 2023
Rubicans, every Wednesday we add fee earnings to Rubic’s staking, and usually it marks a rise in our staking APR, which currently stands at a great 56%. Hurry up to join!
Also, don’t forget that you only have 1 more day to take advantage of the 12-month deposit option! From July 14th, you’ll only have 3 periods to choose from: 3, 6, and 9 months.
Now, let’s check some stats. With a total of 138 addresses participating in staking, we still have a great 56% APR:
2. SquidRouter Integration
This week, Rubic’s Dev team is completing 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. This integration will bring the 12th cross-chain provider to the Rubic App.
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 the network here: https://polygon.technology/polygon-zkevm
ETA: Friday
5. WalletConnect Update
We’ve completed the integration of WalletConnect 2.0. The WalletConnect v1.0 protocol was shut down on June 28th, 2023. Thus, the Rubic protocol has migrated 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 even more secure and includes support for the operation of several blockchains at once, while connecting to new decentralized applications is both easier and faster.
Explore WalletConnect 2.0:
https://medium.com/walletconnect/walletconnect-v2-0-protocol-whats-new-3243fa80d312
Marketing
- Rubic Threads Account
Rubic is now on Threads! Check us out: https://www.threads.net/@rubiccrypto
Threads is a whole new application that’s ran by the Instagram team, where you can follow all of our latest news updates and releases.
2. Rubic x PulseChain Campaign
The campaign is still ongoing! But hurry up, there’s only a few days until it ends.
Embark on an exciting journey with us on Powercity (PortalX) & PulseChain. Embrace an opportunity that’s bigger than ever! Stand a chance to claim an astounding 75M $PLS, 850K $RBC, and $8,750 in $WATT tokens.
Don’t miss your chance, Rubicans! Join our campaign now at https://galxe.com/Rubic/campaign/GCU9dUWSDh
Additionally, we’ve also launched this campaign on QuestN!
For those who don’t have an opportunity to participate on Galxe, join the campaigns on QuestN:
- Cross-Chain Swap with PortalX or Rubic to PulseChain — https://app.questn.com/quest/791560400674746824
- On-Chain Swap with PortalX or Rubic on PulseChain — https://app.questn.com/quest/793358964369445104
- Rubic x Powercity: Commemorative NFT — https://app.questn.com/quest/793359852357734613
- RBC Holders — https://app.questn.com/quest/793710655156174876
3. Rubic x Aurora Adventures Campaign
The 3rd round of Aurora’s campaign alongside Galxe is active until July 18th!
Take part by initiating a cross-chain swap on rubic.exchange. Exchange any token from Opt, ETH, BNB, POL, AVAX, or ARB for Aurora.
Get involved: https://galxe.com/aurora/campaign/GCAmoUWwj5
4. New Widget Integrations
- Meet Rocket! The team’s plan is to be the premier meme coin on BNB Chain. We very much believe that our Widget integration will help them with their achievements!
- Another new integrator is a Move-To-Earn project, DEFIT. Choose your sport and seamlessly join DEFIT with our Widget, available right on their website!
- The Trillioner crypto project aims to bridge the gap between traditional finance and the crypto world by offering financial services for both crypto projects and private users. This will include access to their products as well as traditional fiat banking and financial services for blockchain businesses and individuals.
With the Rubic Widget on their website, they are already closer to the target!
If you’re a token owner, or DEX/GameFi project representative, read our articles devoted to Rubic’s cross-chain solution for various tokens and dApps:
