{"id":193,"date":"2024-02-15T12:36:06","date_gmt":"2024-02-15T12:36:06","guid":{"rendered":"https:\/\/rubic.exchange\/blog\/?p=193"},"modified":"2024-04-17T09:09:27","modified_gmt":"2024-04-17T09:09:27","slug":"rubic-weekly-report-02-15-2024","status":"publish","type":"post","link":"https:\/\/rubic.exchange\/blog\/rubic-weekly-report-02-15-2024\/","title":{"rendered":"Rubic Weekly Report 02\/15\/2024"},"content":{"rendered":"\n
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Hey, Rubic Fam! Join us as we plunge into our latest developments and exciting marketing updates!<\/p>\n\n\n\n

Summary:<\/em><\/strong><\/p>\n\n\n\n

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  1. \ud83d\udd06 On-chain and Cross-chain Swaps For Solana <\/li>\n\n\n\n
  2. \ud83c\udf1f Orbiter Finance Integration<\/li>\n\n\n\n
  3. \ud83d\udcc8 Shardeum Upcoming Integration<\/li>\n\n\n\n
  4. \ud83d\udc98 Blast Takeover on Galxe<\/li>\n\n\n\n
  5. \ud83e\udded Base Compass Intract Campaign<\/li>\n<\/ol>\n\n\n\n

    Development <\/em><\/strong><\/p>\n\n\n\n

      \n
    1. On-chain and Cross-chain Swaps For Solana <\/strong><\/li>\n<\/ol>\n\n\n\n

      Rubic is happy to announce enhanced support for Solana! <\/p>\n\n\n\n

      Our latest improvements include adding DLN<\/a> for both on-chain and cross-chain swaps, elevating the user experience for our Solana community.<\/p>\n\n\n\n

      Now, users can enjoy seamless transactions within the Solana ecosystem, thanks to the power of DLN. <\/p>\n\n\n\n

      Furthermore, Solana has surpassed Bitcoin in TVL and currently holds the fifth position in TVL rankings, according to DefiLlama<\/a>.<\/p>\n\n\n\n

      Stay tuned for new campaigns and additional providers as we continue to enhance our integration with the Solana ecosystem!<\/p>\n\n\n\n

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      1. Orbiter Finance Integration <\/strong><\/li>\n<\/ol>\n\n\n\n

        We’re integrating a new cross-chain provider Orbiter Finance<\/a> into the Rubic App. <\/p>\n\n\n\n

        Orbiter Finance is a decentralized cross-rollup Layer 2 bridge, supporting zkSync Era, Base, Arbitrum, Scroll, Starknet & other chains. <\/p>\n\n\n\n

        With this integration, Rubic will offer enhanced routing options on Base, Linea, zkSync Era, Arbitrum, Polygon, Polygon zkEVM, Optimism, BNB Chain, Manta, Mantle, ZetaChain, & Scroll<\/em>, optimizing your cross-chain trading experience for increased efficiency!<\/p>\n\n\n\n

        ETA: Next Week<\/em><\/p>\n\n\n\n

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        1. Shardeum Testnet Integration<\/strong><\/li>\n<\/ol>\n\n\n\n

          The new incentivised Shardeum<\/a> testnet is launching soon, and Rubic is prepared to seamlessly integrate it into our App upon its announcement. We\u2019re enhancing Rubic\u2019s testnet feature with the 8th testnet already to enable our users to be early adopters of prominent chains.<\/p>\n\n\n\n

          Shardeum stands out as an EVM-based linearly scalable Layer 1 Blockchain designed to offer perpetually low gas fees while upholding true decentralization and robust security. It employs groundbreaking technologies such as Dynamic State Sharding and Proof of Quorum, enabling the atomic processing of cross-shard transactions.<\/p>\n\n\n\n

          With Shardeum\u2019s integration, Rubicans can effortlessly activate their wallets within the blockchain ecosystem, accessing all the advantages reserved for early adopters.<\/p>\n\n\n\n

          ETA: End of February<\/em><\/p>\n\n\n\n

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          1. Staking Update<\/strong><\/li>\n<\/ol>\n\n\n\n

            Over the course of 9+ months, Rubic\u2019s community has staked over 36,051,000 RBC, experiencing an impressive average APR of 50%, reaching an ATH of up to 325%. We\u2019ve already distributed over 200 ETH in staking rewards among our participants. <\/p>\n\n\n\n

            Dive into the 3-month staking period!<\/p>\n\n\n\n

            Join: https:\/\/app.rubic.exchange\/staking<\/a> <\/p>\n\n\n\n

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            Marketing <\/em><\/strong><\/p>\n\n\n\n

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            1. January Stats Update! <\/strong><\/li>\n<\/ol>\n\n\n\n

              In January, zkSync Era and Arbitrum continued to lead, with Scroll and Linea chains being the rising stars.<\/p>\n\n\n\n

              L2 networks are showing their dominance in transactions amount with 68%, but only 50% of volume went to L2 chain during the last month.<\/p>\n\n\n\n

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              1. Base Compass Intract Campaign <\/strong><\/li>\n<\/ol>\n\n\n\n

                Rubic has joined the Base Compass Campaign on Intract<\/a>! \ud83c\udf1f Complete just two simple tasks and earn valuable XPs. <\/p>\n\n\n\n

                By entering Base On-Chain Compass, you gain access to numerous platforms within the Base ecosystem, including Rubic. <\/p>\n\n\n\n

                Completing these on-chain tasks not only enhances your experience but also boosts your chances of receiving rewards as a Base explorer. <\/p>\n\n\n\n

                Don’t miss out on this opportunity to level up and explore the possibilities with Rubic and Base!<\/p>\n\n\n\n

                Join: https:\/\/www.intract.io\/compass\/base\/quest\/65c232b4aba4e2ae3c99e068<\/a> <\/p>\n\n\n\n

                  \n
                1. TaskOn Cupid’s Carnival<\/strong><\/li>\n<\/ol>\n\n\n\n

                  TaskOn is teaming up with the best web3 projects to celebrate the approaching Valentine’s Day!<\/p>\n\n\n\n

                  Take your chance to win $50,000 worth of amazing rewards plus $2,000 separately in the Rubic’s campaign!<\/p>\n\n\n\n

                  Join: https:\/\/taskon.xyz\/campaign\/detail\/33333<\/a> <\/p>\n\n\n\n

                  Here are the tasks for the TaskOn Cupid’s Carnival:<\/p>\n\n\n\n

                  1\ufe0f\u20e3Complete any Cross-Chain or On-Chain swap on http:\/\/app.rubic.exchange<\/a> using Rubic contracts:  <\/p>\n\n\n\n

                  https:\/\/cryptorubic.medium.com\/how-to-swap-using-rubic-contracts-3da46f0c830c<\/a><\/p>\n\n\n\n

                  2\ufe0f\u20e3 Subscribe to Rubic\u2019s YouTube<\/p>\n\n\n\n

                  3\ufe0f\u20e3 Like and Share Rubic\u2019s announcement.<\/p>\n\n\n\n

                  \n

                  @taskonxyz<\/a> are teaming up with the best web3 projects to celebrate the approaching Valentine's Day!

                  Take your chance to win $50,000 worth of amazing rewards plus $2,000 separately in the Rubic's campaign!
                  Join:                   https:\/\/t.co\/b4VFIR3ruh<\/a><\/p>— Rubic (@CryptoRubic) February 5, 2024<\/a><\/blockquote>