Rubic Weekly Report 09/02/22
Hello, Rubicans! Let’s see what we’ve got for you this week.
- Bridge to $BTC
It has been in the waiting for a really long time, and this week we have finally completed the integration of the bridge to BTC!
If you still cannot fathom how to swap all your altcoins to BTC, go directly to Rubic! Rubic now supports swaps from 15,500+ tokens on 15 blockchains to the native BTC. We make the swaps fast, cheap, and secure!
We may not be the first to add it, but we are the best to do so. See for yourself!
2. Telos Comeback
The Telos network is back. With Telos, we increase the number of supported networks to 17!
Telos was created with the aim to bring speed and scalability to decentralized finance (DeFi), with smart contracts. Telos powers the fastest EVM in the world. The network’s Telos EVM offers 0.5 second block times, highly scalable infrastructure with up to 10,000 transactions per second, low fixed cost transactions in the pennies, and no front-running.
Currently, the Telos Protocol has around $1.6M daily trading volume with a Total Value Locked of $39.75M.
3. Rango Integration
Rubic is very excited to announce the integration of Rango Protocol into our platform.
Rango Exchange integrates multiple aggregators with multiple Cross-Chain solutions, to provide the best liquidity and most-optimized path in a secure and easy-to-use solution.
By integrating various Cross-Chain Protocols, Rubic is becoming the ultimate solution for Crypto traders, offering them the most user-friendly conditions.
- Rubic Security Article
Why should you trust Rubic for safe Cross-Chain Swaps? We have a detailed answer for you in our latest article!
The article is definitely worth reading. You’ll know about the reliability of Cross-Chain Swap technology and how the Rubic project maintains security, keeping your assets safe.
Here are some highlights to stir up your interest:
- Cross-chain bridges are inherently vulnerable to hacker attacks.
- A whopping $2 billion has been stolen across 13 cross-chain bridges this year.
- Rubic has elaborated pretty robust practices of maintaining security for its users and the integrators of its SDK and widgets.
- Rubic doesn’t exploit any external servers: only Frontend and Blockchain.
Plus other captivating facts, statistics, and Rubic’s security core principles here:
2. Rubic x Aurora Campaign
Rubic recently released an update for the Aurora network, in which we’ve removed the limits for swaps to Aurora — you can now swap any amount to and from the Aurora network.
Rubic + Aurora Promotion: Win $1,000, or Rubic fee-refund NFTs, for swaps to Aurora. Starting from August 29th and lasting until September 4th, Rubic will help its users take advantage of the amazing opportunities provided by the Aurora team.
During this week, Rubic will refund platform fees for all users who complete a swap to the Aurora network and complete the AirLyft promotion form!
But the rewards do not stop here! Rubic’s team will also reward a randomly-chosen participant with $1,000 in BRBC, while five of the most frequent swappers will get a rare NFT, and their wallet will have life-long zero fees on rubic.exchange!
Read the full conditions and rules here:
3. Daily Trading Volume Record
We are on fire, pals! August 30th was the day when Rubic had the highest daily Trading Volume worth $853,000!
Also, our total trading volume in August is $5.2M. We are more than glad to be a helping hand in implementing Cross-Chain and On-Chain trades for you.
Let’s break this record in September, friends!
4. Staking Updates
Another week of Rubic Staking has almost passed, and users continue to Stake and get their rewards as the pool is uncapped. Despite the fact that you have already locked over 16M BRBC, the APR is still 57% — it’s still more than worth joining:
Locked BRBC: 16,360,624 → 16,603,598
Average Lock Time: 10 months → 10 months
Est. Yield Per Week: 140,000 → 142,000
Circ. BRBC Locked: 13.19% → 13.39 %
APR: 57% → 57%
You can follow Staking statistics on the Dune analytics page, created by one of our dedicated community members: https://dune.com/novuses/rubic-staking-dashboard/.
5. New Widget & SDK Integrations
Another project that joined the Rubic Widget ecosystem this week is Telegram Inu!
Telegram Inu is creating an Ecosystem of utilities designed to generate additional token volume which will generate additional passive income for all holders.
Now users of Telegram Inu have the opportunity to swap 15,000+ tokens across 17 chains directly on their favorite website.
Another upcoming partner of ours has written an article about Rubic and its SDK solution.
You can read the full article here:
No barriers should block the crypto experience, and we fully agree with you guys!
6. Weekly Voice Chat
Don’t forget about our tradition — the Weekly Voice Chat with Collin O’Brien!
During this AMA, Collin will cover all the latest updates and answer questions from the community, which you can always send him on Twitter or on Telegram at https://t.me/CollinOBrien.
Join the session: