Blockchain

Last Two Weeks of the “Rootstock World Tour” Campaign

on

    More in Blockchain:

    Montevideo, Uruguay, September 16th, 2024, Chainwire

    The Rootstock community is set to conclude the “Rootstock World Tour,” one of its largest ecosystem campaigns, on September 30, 2024. This campaign, hosted on the Galxe platform, is bringing together partners from across the Rootstock ecosystem, offering users interactive opportunities to engage with 12 different decentralized applications (dApps) on the Rootstock blockchain.

    Throughout the tour, participants will gain hands-on experience, enhance their knowledge of decentralized finance (DeFi) and blockchain technologies, and earn rewards for their engagement. The campaign is providing a unique opportunity to explore and interact with various Rootstock integrations.

    Users can check out the campaign on Galxe here.

    About Rootstock

    Rootstock is the first, biggest, and longest-lasting Bitcoin sidechain. It is the only Bitcoin layer 2 that combines the security of Bitcoin’s proof-of-work, with Ethereum’s smart contract capabilities.

    Rootstock is open-source, EVM-compatible, and secured by over 60% of Bitcoin’s hashing power, which makes it a gateway to a vibrant ecosystem of dApps that continues to evolve to become fully trustless.

    Rootstock World Tour Overview

    The Rootstock World Tour campaign began on August 5, 2024, and is spinning a total of 12 quests across different destinations within the Rootstock ecosystem. Users who complete these quests have the chance to earn unique rewards, including Rootstock NFTs and Air Miles points. Additionally, participants are eligible for a raffle on September 30, 2024, where three winners will be selected to receive $3,000 in RBTC, Rootstock’s native token pegged 1:1 to Bitcoin (BTC).

    Campaign Details and Rewards

    Participants of the Rootstock World Tour are invited to engage in various activities through the 12 featured dApps: Jumper, Rubic Exchange, SushiSwap, Oku, Symbiosis, Woodswap, Money on Chain, Sovryn, Tropykus, RNS, Elk Finance, and CoNFT.

    By completing quests such as obtaining RBTC, swapping tokens within the ecosystem, minting Rootstock NFTs, staking, and interacting with RNS domains, users can earn rewards from each individual dApp. Completing all quests also unlocks additional rewards and boosts participants’ chances in the final raffle.

    Timeline and Raffle

    The Rootstock World Tour ends on September 30, 2024, at which point the raffle will be held to award three winners with $3,000 in RBTC.

    Quests

    To complete the tour, users can visit 12 destinations to do 5 types of quests: 1) Getting RBTC, 2) swapping RBTC to a token in the ecosystem (RIF, USDRIF, DLLR, MoC, rUSDT, or WRBTC), 3) minting a Rootstock NFT, 4) putting the tokens to work by staking, depositing, or adding liquidity, and 5) Minting an RNS (RIF Name Service) domain.

    Interacting with any of these dApps is considered a quest by itself whether users take a further step or not. Each Rootstock community partner will publish the terms and conditions applicable to such particular quest.

    Resources and Support

    To navigate the Rootstock ecosystem, it’s useful for users to read through the following:

    More detailed information about the quests is available on Rootstock.

    Legal disclaimer

    This article is for general information purposes only. It does not constitute legal, financial, or other professional advice, and should not be relied upon as such. RootstockLabs accepts no responsibility for any loss or damage that may arise from reliance on information contained in this publication. Readers should do their own research or seek independent professional advice before making any decision based on the information contained in this publication.

     

    Contact

    Rootstock Community
    jouman.hajjar@rootstocklabs.com

    PostAd_coinrule_banner728x90

    Leave a Comment

    Your email address will not be published. Required fields are marked *

    *

    Bybit's bbSOL Hit $5m in Total Value Locked Within First 24h and Gets an APY Boost

    2024-09-19T14:02:52Z

    DUBAI, United Arab Emirates, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Bybit, the world’s second-largest crypto exchange by trading volume, is making waves with its own SOL-based Liquid Staking Token (LST) in the global race to reinvent yield on Solana. 

    Bybit Web3 announced a renewed APY boost of up to 20% for a limited time from Sep. 19. This innovative liquid staking model, available exclusively on Bybit, enables users to seamlessly access Solana’s rapidly expanding ecosystem while earning staking rewards in Bybit Web3.

    Since its launch on Sep.5, bbSOL, has demonstrated the immense potential of this next-generation staking solution, bridging between mainstream users on exchange platforms and the Solana ecosystem. Surpassing $5 million in Total Value Locked (TVL) within 24 hours upon launch, bbSOL has doubled the TLV benchmark since then hitting eight digits. 

    “We are encouraged by the love for bbSOL. It truly speaks to the global crypto community’s excitement about the future of Solana. In coming months, Bybit and our partners will be activating a series of campaigns, yield opportunities and liquidity protocols to show our appreciation for the bbSOL community,” said Emily Bao, Web3 Evangelist at Bybit. 

    Good for the portfolio, good for Solana
    At the forefront of CeDeFi connectivity, Bybit Web3 has first-mover advantage as a major player to bridge centralized and decentralized finance for global users. Through bbSOL, Bybit is pushing the boundaries of financial freedom and inclusion for the Web3 community.

    Key benefits of bbSOL: 

    • Effortless and seamless CeDeFi access from the security of Bybit’s exchange into Solana’s growing DeFi ecosystem
    • Flexible, fuss-free access to liquidity with no lock-in: users can maintain exposure to SOL while achieving portfolio diversification
    • Foster a stronger CeDeFi community together with Solana: bbSOL gives users meaningful opportunities to support security and decentralization on the Solana network while earning competitive rewards

    #Bybit / #TheCryptoArk / #BybitWeb3

    About Bybit Web3
    Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 10 million wallet users, over 20 major ecosystem partners, and counting.  

    Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 40 million users globally.

    Users can join the revolution and unlock their Web3 future with Bybit.

    For more details about Bybit, users can visit Bybit Web3.

    About Bybit
    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

    For more details about Bybit, users can visit Bybit Press
    For media inquiries, users can contact: media@bybit.com
    For more information, users can visit: https://www.bybit.com
    For updates, users can follow: Bybit's Communities and Social Media

    Contact

    Head of PR
    Tony Au
    Bybit
    tony.au@bybit.com


    GlobeNewsWire News

    Recent Comments