Rubic Weekly Report 08/24/2023

Rubic
5 min readAug 24, 2023

While summer might be winding down, Rubic is only heating up with excitement. Our commitment to integrating diverse networks, introducing innovative features, and unveiling captivating campaigns is stronger than ever. Be a part of the action as we do all three: integrate, innovate, and captivate. Your presence matters, and we want to explore our news together! Let’s jump right in and do just that.

Summary:

  1. ⛓️ Base Chain Integration
  2. 🚀 Upcoming Integrations: Scroll Sepolia Testnet, Mantle & Izumi Finance
  3. 🌌 HorizonDEX and SquidRouter on Linea
  4. 🎉 Rubic Retrodrop Distribution: First Round
  5. 🌠 Upcoming Rubic x Scroll x Symbiosis Galxe Campaign

Development

1. Scroll Sepolia Testnet Integration

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

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

2. Base Chain Integration

We’ve completed 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 developer-friendly way to build on-chain. Base is incubated by Coinbase and built on OP Stack in collaboration with Optimism.

The full list of providers for the Base Network is to include the following:

DEX:

  • BaseSwap

Cross-Chain Providers:

  • ChangeNOW
  • SquidRouter
  • Stargate
  • Symbiosis

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!

3. Mantle Network Integration

Soon, we’ll be completing the integration of the Mantle Network into the Rubic App via Symbiosis (with more providers to come)! The Mantle Network is a technology stack for scaling Ethereum, being EVM-compatible means all the contracts and tools that work on Ethereum also work on Mantle Network with minimal modifications.

4. 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 Base, zkSync Era, Linea, Arbitrum, and Polygon.

ETA: The beginning of September

5. HorizonDEX Integration

We’ve onboarded HorizonDEX and integrated SquidRouter as a Cross-Chain Provider on Linea. With Symbiosis & XY Finance also integrated, expect quicker and more cost-effective cross-chain swaps on Linea! Dive into the Linea experience now: https://app.rubic.exchange/?fromChain=ETH&toChain=LINEA&to=ETH

Marketing

  1. Rubic Retrodrop Distribution: First Round

Hey, OG Holders! Today marks the first round of the Retrodrop Distribution Process. To ensure a smooth and controlled distribution process and prevent a token dump, the retrodrop rewards will be distributed in parts, with 1/12 available per month.

Here’s an overview of the distribution process:

Claiming and Staking:

Tokens need to be claimed by the retrodrop participants on the Arbitrum network: https://app.rubic.exchange/retrodrop. Please only follow the links published by Rubic on our official channels. Claimed RBC will be deposited into staking for a 3 month period to prevent abrupt token dumps.

Unlock and Pick-up:

At the end of the deposit period, Retrodrop participants will be able to pick up their RBC Retrodrop along with staking rewards. Different unlock dates will help to prevent price dumping.

Auto-Move Feature:

If a participant fails to claim their RBC in the first monthly unlock, the tokens will automatically move to the next unlock stage. If you don’t claim the tokens for more than 6 months, they will be returned back to the Marketing Treasury to be spent on other airdrops and marketing activities.

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

2. Rubic x Scroll x Symbiosis Galxe Campaign

As you are aware, we are completing 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! The start date is TBD.

Campaign Highlights:

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.

3. Ton Eco Adventures

We’re participating in the awesome TON blockchain promotion in honor of their new TonEcoAdventurers event. Visit the link below to join!

https://soquest.xyz/space/Rubic/campaign/fIuuPZPwTg

4. Sony Incubation Program

We’re proud to continue being part of Sony Network’s Web3 Incubation Program, where they offer strategic mentorship for up-and-coming startups. Out of 200+ projects, only 19 were selected; only those that fit Sony’s vision.

Learn all about the program here:

https://www.sonynetwork.co.jp/sonynetworkcomsingapore/en/incubation/

5. Linea DemoDay

Rubicans, we participated in the inaugural Linea DemoDay on August 22nd!

Check out our pitch, and explore our vision along with Consensys and top VCs including Pantera Capital. Tune in via X Spaces, YouTube, or directly at https://pitchtalk.com/events/8

https://x.com/pitchtalk_com/status/1693698927827034262?s=46&t=TL01V2rIAI_5MdCzRPfQYQ

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