Rubicon Releases OP Trading Rewards and Shifts Focus to Decentralization
Rubicon Releases OP Trading Rewards and Shifts Focus to Decentralization
🤑 Market maker captures 20%
Rubicon has released most OP trading rewards, with 80% rewarding direct volume and 20% rewarding active market making liquidity. One user captured all 20% as a market maker in the first period, highlighting opportunities for new market makers.
Key updates:
- Trading experience is now strong and mostly complete
- Focus shifting to decentralization
- New whitepaper released
- Discussions with potential investors ongoing
Rubicon encourages users to explore market making opportunities and offers support for those interested. The platform aims to provide sustainable OP farming and future governance token farming.
Check out the new whitepaper for details on Rubicon's decentralization plans.
Ample Protocol Launches $AMPD Token on Base Network
Ample Protocol has launched its $AMPD token on the Base network, focusing on transmedia IP rails and cross-chain distribution. Key features: - Best-in-market pricing - Gasless transactions - Competitive spreads - $RUBI rewards for all trades The token is now available for trading through Rubicon's platform at [Ample-Rubicon](http://tinyurl.com/Ample-Rubicon). This launch follows recent successful token deployments on Base, including $TRUE from Truemarkets.
Rubicon Partners with SATO: 600M Token Incentive Program Launches
Rubicon has announced a strategic partnership with Satothedog, a prominent figure in the Base ecosystem. Key highlights: - 600M $SATO tokens allocated for 6-month incentive program - Yield farming available for SATO/WETH and SATO/USDC pairs - Trading contests with $RUBI and $SATO rewards - Additional $RUBI rewards for all swaps, trades, and LP activities Users can participate by: 1. Adding liquidity and staking on [Rubicon](http://app.rubicon.finance/liquidity) 2. Trading $SATO for daily rewards 3. Competing on the [leaderboard](http://app.rubicon.finance/leaderboard/sato) Full program details available on [Mirror](http://mirror.xyz/rubicon.eth/sx8mnB7xbqhC6viy1ycspfj9m_ecxqAVGMyHrNKDGQk)
OP Rewards Released, New Features Teased
**Latest Update:** - Final 3 weeks of OP rewards now available - Delay in release acknowledged **Upcoming Developments:** - New integrations in progress - Two exciting features announced: 1. RUBI LP 2. RUBI Arena **Previous Updates:** - Last two weeks of rewards claimed in app - ODOS integration pending, team back from ETH CC - Coin Gecko listing in progress, API iterations ongoing - First token project partnership announced Stay tuned for more details on these developments and how they can benefit Rubicon traders.
Rubicon Updates Trading Rewards Formula
Rubicon announces changes to its trading rewards system, starting after epoch #29. The new formula, based on dydx's model, requires liquidity on both sides of the order book. Snapshots are taken randomly every minute, with minimum size and depth requirements. To ease the transition, rewards for the next epoch will be split 50/50 between old and new styles. Participants are encouraged to run liquidity bots, with Rubicon planning to release bot resources soon. Other updates include Coingecko integration for L2 networks, improved Trading UX with websocket support, and ongoing work on RFQ integrations with ODOS and Paraswap.