Rubic Weekly Report 10/29

6 min readOct 29, 2021

Here is our weekly update!

Moonriver Integration

There’s only 10 days left until the launch of the Moonriver network on Rubic.exchange! The Rubic development team is finalizing the integration of SushiSwap and MoonBeam as the DEXs for our integration.

Moonriver is a smart-contract blockchain on Kusama that strives to provide compatibility with the existing Ethereum developer toolchain and network. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network.

Moonriver is providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.

Currently there are more than 140,000 wallet addresses and 3,698,148 transactions. It has more than $150 million staked in DeFi applications and another $270 million bonded in collator staking.

This integration will be an important step for Rubic.exchange because it will be the first parachain integrated to Rubic.

Release Date: November 8th

2. Fantom Progress Update

Currently, the team is still working on Fantom network DEX integrations into Rubic.exchange.

The Fantom network integration into Rubic is roughly 50% complete at this time:

The protocol layer (smart contract) is deployed in the testnet.
The development of the Layer Infrastructure has begun.
Front-end integration is 50% complete.

3. UI Updates

We have started working on a new UI update, to provide comprehensive information for the user before making On-Chain or Multi-Chain swaps. It will help users to optimize their trades.

4. Gas Refund

Today, we are releasing a feature that will allow our users to claim their refunds after participating in our Gas Refund Campaigns or when they will use promo-codes.

This feature can be found here: https://rubic.exchange/my-trades

Please remember, the refund will be able to be claimed only AFTER the end of the campaign.

5. Algebra Launch

Our team would like to congratulate the Algebra team on the launch of their token and for the integration of our Rubic Relay Widget into their platform!

To celebrate the launch, we have made a temporary banner and button on Rubic.exchange to help our users buy $ALGB tokens!

Don’t forget, users can use Rubic.exchange to complete On-Chain swaps to $ALGB using the Polygon network, or to complete Multi-Chain swaps to the Polygon network and then complete On-Chain swaps to $ALGB!

Marketing:

The Trading Competition with Gate.io ends today! The reward pool of $26,000 will be divided between all the eligible winners. Read the document for more detailed information: https://www.gate.io/en/article/23223/?ch=en_sm_1021

Hurry up and participate while it’s still active!

2. This week, several Telegram Groups published posts about Rubic. Smart Bitcoin is an independent group that writes about the blockchain industry. They briefly reviewed Rubic’s Multi-Chain Swaps feature and mentioned $RBC token price growth. A big thanks to Smart Bitcoin for sharing with your audience!

One more Telegram Group that talked about Rubic this week is Crypto Neo. They are right in the conclusion that they come to in the article — now is the time to use Rubic and its Multi-Chain Swaps.

A huge Crypto Community in telegram shared the post from our Rubic Announcement Channel. DeFi Updates announced the Rubic and Gate.io trading competition.

If you happen to be subscribed to the DeFi World Telegram channel, you may have seen a post about Rubic there. Yes! One more telegram community devoted to Crypto talks about us. And it’s no wonder, because Rubic is getting bigger and bigger!

3. This week, we built a strong partnership with Euler Tools. This platform helps users to explore and discover content all over the blockchain industry. Now, the Euler Tools platform is going to be even more useful because they are integrating our Rubic Relay Widget.

Soon, Euler Tools users will be able to buy $EULER directly on https://euler.tools/.

And while Euler Tools is only getting ready to provide their users with such an extraordinary opportunity, the APE-X platform has already implemented it. And $APE-X is already available to trade through the widget directly on https://ape-x.io/.

Thanks for sharing it on your Twitter account and congrats on the new design!

4. Media Support is getting bigger! U.Today published an article that explains how Rubic’s Multi-Chain Swaps work. Without a doubt, every active Rubic user is already certain that this feature is the easiest, the fastest and the most profitable solution to transfer assets between different networks.

Still, there are crypto traders who still use several bridges, wasting time and money on cross-chain swaps. This article is a helping hand for them.

The Rubic team is glad to have media support and wants to thank U.Today.

You may read the article here: https://u.today/how-has-defi-changed-throughout-the-last-year

6. The Avalanche Gas Fee Refund Campaign is still active. You may continue to trade our partners’ tokens on Rubic Multi-Chain to receive your gas refund reward. We want to thank Trader Joe’s users, since the $JOE token is the most traded Avalanche token during this whole campaign period!

You still have four days to participate in the Avalanche Gas Fee Refund Campaign, the end date is November 2nd.

Thanks for reminding, Swift Finance, Cycle and Good Bridging!

7. During this marvellous week, Collin participated in two AMAs: Satoshi Club and tehMoonwalkeR. Satoshi Club representatives asked Collin various questions about Rubic, and as always Collin answered everything in the best way. Check out the Satoshi Club AMA recap here: https://esatoshi.club/rubic-x-satoshi-club-ama-recap-from-26th-of-october/

8. TehMoonwalkeR AMA went great as well, as Collin closed out this week with this wonderful AMA session.