Rubic Weekly Report 08/17/2023

Rubic
6 min readAug 17, 2023

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Greetings, Rubicans! What an eventful week it has been! From our campaigns to our upcoming integrations — and not to mention the highly-anticipated retrodrop reveal — there’s so much to unpack. Join us as we delve into these exciting updates in our newest weekly report!

Development

1. Rubic Testnet App Page

Our Development Team has completed the integration of the Testnet feature into the Rubic App at https://testnet.rubic.exchange/. This eagerly-anticipated feature empowers users to seamlessly conduct transactions on testnet networks such as Scroll and more.

Switching to Testnet:

To transition from Mainnet to Testnet, follow these steps:

  • Click the dropdown menu located in the upper-left corner of your screen.
  • Select the “Testnet App” option.

2. Scroll Testnet Integration

Since Rubic Exchange now supports the testnet feature, we are glad to introduce our first integration — Scroll Testnet. This integration marks the dawn of test networks on https://testnet.rubic.exchange.

Our users now have the exclusive opportunity to directly engage with the Scroll test network through the Rubic App.

3. Linea Updates

Besides adding Horizon DEX to the Linea Network, we’ve completed the integration of Squidrouter as a Cross-Chain Provider to Linea, in addition to Symbiosis and XY Finance. Now, cross-chain swaps between Linea and other networks will be even faster and cheaper!

Experience the seamless power of Cross-Chain swaps across all available networks and Linea by visiting:

https://app.rubic.exchange/?fromChain=ETH&toChain=LINEA&to=ETH.

4. Stargate Update

Our Development team has successfully updated Stargate as a cross-chain provider within the Rubic App. This update now enables seamless swaps of native tokens between Optimism, Ethereum, and Arbitrum, enhancing the overall user experience and expanding your possibilities for efficient cross-chain transactions.

5. Base Chain Integration

We are in the process of integrating the Base network into the Rubic App. Base is an Ethereum Layer 2 chain that offers a safe, low-cost, and a developer-friendly way to build on-chain. Base is incubated by Coinbase and built on OP Stack in collaboration with Optimism.

In the next weekly update, Rubic will announce the full list of providers for the Base Network including the upcoming DEXs.

Get ready for an ever-evolving cross-chain experience with exciting updates coming your way. Your journey within the Rubic ecosystem is about to become even more thrilling!

6. Izumi Finance integration

Another upcoming integration is Izumi Finance, an innovative project that’s pioneering the Discretized-Liquidity-AMM model.

We’ve got some exciting plans in the pipeline as we set our sights on integrating iZiSwap as a DEX across a range of blockchains including Aurora, zkSync Era, Linea, Arbitrum, and Polygon.

Marketing

  1. Smoothie Awards

We’re proud to have clinched the 1st place at the Smoothie Awards! Big thanks to Smoothie for spotlighting top Web3 products.

Check out the winners: https://smoothie.so/awards

Dive into Smoothie and learn all about their mission: https://smoothie.so/litepaper

2. Rubic Retrodrop Terms

To facilitate your understanding, we’ve prepared a thorough RBC Retrodrop Guide. Should you have any inquiries, please ensure you’ve consulted our team-backed FAQ section, as you are likely to find answers there. Should your queries regarding the retrodrop endure, our support bot is readily available to assist you.

Now, let’s delve into the primary regulations governing the upcoming retrodrop.

  1. On August 24th, the 17M RBC retrodrop for our esteemed OG holders, chosen through a December vote for the new tokenomics, will be available in RBC on the Arbitrum network.
  2. Carefully chosen unlock dates will contribute to the stability of the RBC price.
  3. The eligibility criteria for the retrodrop are the following. To qualify, you must have held RBC during at least one of the first three snapshots and maintain your holdings in the last two.
  4. If you’ve been a steadfast RBC holder since our inception snapshot (from launch to 03/31/2021) through all four snapshots, you’ll receive the highest coefficient (C1) as a token of our sincere appreciation.
  5. The next retrodrop snapshot spans a period from 03/31/21 to 12/21/21, granting holders from this period a C2 coefficient. If you’ve held from 12/21/21 to 11/01/2022, your loyalty earns you a C3 coefficient.
  6. The grand finale approaches with the last snapshot set from 12/12/2022 onwards. Your journey of commitment and loyalty is on the brink of being rewarded. Your dedication holds immense value!

3. Rubic x Scroll x Symbiosis Testnet Explorer Galxe Campaign

As you are aware, we have successfully concluded the integration of the Scroll Testnet. To elevate your engagement with the Scroll testnet and delve into its decentralization initiatives, we’re planning to launch a mutual campaign together with Scroll and Symbiosis. Seize the opportunity to earn unique NFTs!

Campaign Highlights:

Starting August 25th, participate in cross-chain swaps to the Scroll testnet, accomplish on-chain and cross-chain swaps on Rubic using Mainnet Networks, and explore the upcoming article to earn exclusive Discord roles, and 500,000 RBC tokens which will be up for grabs!

We’ll share the full rules later in the article devoted to this integration.

4. TonEco Adventurer Event

Inspired by Optimism Odyssey, the TonEco Adventurer Event is a series of quests within SoQuest aiming to promote community growth and user education. The campaign’s objective is to locate the “adventurer” in Ton’s ecosystem and aid them in exploring the various projects and KOLs on TON.

The entire event consists of a series of quest pools on SoQuest. Excitingly, Rubic is actively participating in this event as well! https://soquest.xyz/space/Rubic/campaign/fIuuPZPwTg

Implement cross-chain swaps to and from the TON blockchain on Rubic.exchange and participate in the exciting reward pool!

5. New SDK & Widget Integrations

Meet Xenify, a cross-chain aggregator!

The Xenify protocol seamlessly integrates inventive tokenomics and advanced cross-chain functionality into a single, powerful package. By incorporating a unique, game theory-based incentive model that actively rewards engagement, Xenify is primed to instigate a seismic shift in the world of cross-chain swapping.

By bringing Rubic’s diverse assets into Xenify’s ever-expanding roster of 28 aggregators across 52 chains, you’re guaranteed the best-possible rates!

While our SDK offers projects a sophisticated and cohesive cross-chain solution, opting for Rubic’s Widget presents another excellent choice! This week, we are thrilled to announce that two projects have newly become part of our ecosystem and successfully integrated Rubic’s widget onto their respective websites:

Alien Chain, the Layer 2 blockchain designed by gamers, for gamers.

XDoge, a fusion of X and everyone’s favorite meme, DOGE!

This integration further showcases the versatility and value that Rubic brings to the cross-chain landscape.

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Rubic

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