Rubic Weekly Report 11/25/2022
Hello, Rubicans! Another week has passed, and Rubic’s team has been working hard to provide you with new updates. Let’s see what’s happened this week.
- Oasis and Metis Integration
This week, we completed our integration of the Oasis and Metis networks into Rubic.exchange via Multichain as a provider.
Now, users can swap BIFI, LINK, and BETS tokens (depending on the chain) from and to Oasis along with 15 other blockchains: Ethereum, BSC, Polygon, Avalanche, Fantom, Telos, Moonbeam, Moonriver, Cronos, Kava, Metis, Optimism, Arbitrum, Fuse, and Celo.
Cross-chain swaps are available between Metis and Ethereum, BSC, Polygon, Avalanche, Fantom, Telos, Moonbeam, Moonriver, Cronos, Boba, Oasis, Kava, Optimism, Arbitrum, Fuse, Celo, and Gnosis. The tokens available for swaps to and from the Metis blockchain are: AVAX, BNB, BIFI, BIOS, BTD, BUSD, GTPS, MAI, MATIC, MIM, OH, QI, STND, UNIDX, and wsHUMP, depending on the exact chain.
Along with the integration of this network, Rubic’s Dev team has added YuzuSwap as a DEX for Oasis, and Netswap for Metis.
To learn more about these integrations, read our latest articles:
- Oasis Network and YuzuSwap Integrations into Rubic: Scalable, Private DeFi
- Metis, Netswap, and Rubic: Running Decentralized Economies
2. Syscoin Integration
This week, we managed to integrate 3 new networks and increased our number of supported blockchains to 24!
The Syscoin Network is a multi-layered blockchain that combines the best of Bitcoin’s security and Ethereum’s smart contract capabilities.
The Syscoin Network was integrated into Rubic.exchange. A DEX conducting swaps from and to Syscoin is Pegasys, the first DEX and AMM on Syscoin NEVM. Have a look at this article about Pegasys’ integration into Syscoin.
Let’s explore the Syscoin Network in numbers:
Market Cap: $75M
Average block time: 2.0 minutes
Total transactions: Over 1M
Wallet addresses: Over 17,000
Now, users can swap agEUR, BIFI, BNB, BUSD, LUXY, MAI, QI, and WSYS (depending on the chain) between Syscoin and 17 other blockchains: Ethereum, BSC, Polygon, Avalanche, Fantom, Telos, Moonriver, Moonbeam, Cronos, Kava, Boba, Oasis, Gnosis, Optimism, Arbitrum, Fuse, and Celo.
Read the details here: Rubic x Syscoin: The Best of Bitcoin and Ethereum
3. Klaytn and Velas Upcoming Integrations
Next week, Rubic’s team will complete the integration of 2 more blockchains — Klaytn and Velas. This integration will also bring new DEXs to Rubic.exchange:
- ClaimSwap for Klaytn Blockchain
- AstroSwap and WagyuSwap for Velas
With these blockchains, Rubic expands its ecosystem to 26 blockchains!
Follow our socials for more details!
4. On-Chain Proxy Contract
Rubic’s Dev Team resumed the development of the On-Chain proxy contract. We’ve been testing out this contract for the last three days at Rubic.exchange. When this contract is live, users don’t have to approve the best DEX every time they are implementing their transaction. And fees for on-chain trading will become more flexible.
5. XY Provider Integration
This week, we’ve added a new cross-chain provider to Rubic.exchange, XY Finance. It is a cross-chain interoperability protocol aggregating DEXs & Bridges, enabling Smart Routing. Smart routing provides the best rates and top speed for all cross-chain transactions.
6. Security Update
Due to the recent developments, Rubic enhanced its security measures on all levels — from hardware to smart contacts.
From now on, all the smart contracts related to community funds, staking, and depositing, are handed over to Gnosis Safe, a platform for managing digital assets on Ethereum with advanced standards for smart contract security.
Never keeping all of our eggs in just one basket, we have set up several Safes for managing assets assigned for each type of smart contracts: staking, rewards, deposits, project funds, etc.
For staking & reward smart contracts, we created a multisig wallet with 4 owners, meaning that even if a wallet’s private key is compromised, it’s impossible to fulfill any transactions without several signatures.
One of them is a backup address that is kept on a separate hardware in a safe. This is a backup address that can sign the transaction if the three others are down, and without this address, the transaction can’t be executed.
But that’s not all!
- The networking hardware and equipment is constantly checked.
- The internal Wi-Fi network has been reconfigured.
- The hardware has been tested on the issue of malware.
Users’ funds have always been safe and now, are even more secure. None of our contracts have ever been exploited or moved to unintended destinations.
Rubic continues working at full throttle, while users & integrators can be assured that the security measures on Rubic are now facilitated with enhanced security measures.
- Rubic x W3DNA Giveaway
This week, together with W3DNA, we held an NFT giveaway on Galxe.
The top 100 most frequent swappers who claimed the NFT will get one of 100 domains from W3DNA. The winners will be able to choose any available domain name. The domains will be sent to users’ BEP-20 wallets.
If you managed to complete all the tasks for this giveaway, get your wallets ready for our awesome NFTs & special domains. The winners are to be announced soon!
2. NFT Giveaway with Telos, OmniDex, and Rubic
The Telos blockchain has become one of these long ago, as it aims to build fast, scalable, distributed applications with feeless transactions.
We’re happy to have such a great partner in our ecosystem. Next week Rubic will announce the launch of a grandiose one-week NFT giveaway with Telos and OmniDex! Stay tuned!
In this giveaway you will need to complete swaps via app.rubic.exchange, and join partners’ socials to win some awesome NFTs.
3. SoulSwap Integrates Rubic’s SDK
SoulSwap Finance has integrated Rubic’s SDK, allowing you to exchange crypto assets across multiple networks in just one click!
SoulSwap is an ecosystem that enables users to utilize a range of opportunities to explore decentralized finance. It enables you to do the following without an intermediary:
- Swap assets
- Lend crypto-assets
- Borrow crypto-assets
- Leverage trade
- Earn interest on crypto-asset deposits
- Create limit orders
And now you can swap 15,500+ tokens on and between 20+ blockchains directly at https://exchange.soulswap.finance/swap
4. New Widget Integrations
Relaxable.com is a company dedicated to bringing relaxation products and services to the web3 community.
Relaxable plans to integrate RELAX token into their mobile relaxation app so users can pay for monthly subscriptions, and companies and brands can promote their content within the app.
And for now, after they completed the integration of Rubic’s Widget, Relaxable gained interoperability between 15,500+ assets built on 20+ blockchains!
Check it out here: https://relaxable.com/swap
Another integration appeared on Frenchain’s website.
Frenchain looks to enhance the meme-centric culture of Web 3.0 by providing the best place to create, share, grow, and enjoy your memes.
Frenchain is uniquely positioned to accomplish this goal by the very nature of “fren,” a meme that embodies the light-hearted and laid back attitude of shitposters everywhere. And you know Rubic’s pure love for this particular frog…
Through an ultimate fren alliance, Frenchain will build the ultimate meme empire.
Check out Frenchain’s brand-spanking-new Widget at https://frenchain.app/
And another Widget Integrator of this week is Hey Research.
Hey Research provide a way for the crypto community to get paid for providing information to help pro traders and institution conduct specific trading/crypto-related researches. Hey Research is a great way to get reliable information from a large number of people.
5. New SDK Integrations
In addition to SoulSwap, we have 2 more new SDK integrators, Maincoin and Mainfarm.
Maincoin is digital currency, available to you anywhere in the world. The main economic direction of the token is its use as a means of mutual settlements in the commercial ecosystem of products and services.
Exchange Maincoin for any on-chain token or between 26 blockchains in one click directly at https://swap.maincoin.money/?fromChain=ETH&toChain=ETH
Mainfarm is a decentralized platform powered by BNB Chain with many features that allow you to trade, earn and win various tokens.
The MAF token is the managing token of the Mainfarm platform ecosystem. In addition to the internal ecosystem of the platform, the MAF token has commercial application in third-party projects, which allows the token to have a stable economy and be an attractive investment tool for its holders.
Explore the platform and chek out the SDK here: https://bridge.mainfarm.io/
The Green Cube continues to spread its SDK & Widget integrations around the crypto world!
Feels great to contribute to the development of fellow DeFi projects.
6. Next Week’s AMA
This week Rubic decided not to hold an AMA because of Thanksgiving Holidays. But we’ve prepared something big for you! Next week we’ll hold AMA with our founders to present you the new Rubic’s tokenomics.
Happy Thanksgiving, Rubicans!