Rubicon Updates Trading Rewards Formula

🤖 Bot or bust?

By Rubicon
Aug 22, 2024, 5:30 PM
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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.​

Sources
Read more about Rubicon

JUNO and AmberVibe AI Agents Launch on Rubicon

Two AI agent projects have launched on Rubicon, a platform built on Base: - **$JUNO** ([@JunoAgent](https://twitter.com/JunoAgent)) - New AI project now trading on Rubicon - **$AmberVibe** ([@ThatAmberVibe](https://twitter.com/ThatAmberVibe)) - AI agent project also live on the platform Both projects represent the growing trend of AI agents launching on Base, Coinbase's Layer 2 network. The launches expand Rubicon's ecosystem of AI-focused tokens.

Meta Acquires MOLT: What Happens to the Token?

Meta Acquires MOLT: What Happens to the Token?

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Base Builder Codes Launch in Rubicon App

**Base builder codes are now officially live in the Rubicon app.** The integration marks a significant milestone for developers building on Base, Coinbase's Layer 2 network. Users can now access and utilize builder codes directly through the Rubicon application. **Key details:** - Builder codes are immediately available for use - Integration supports the Base ecosystem's growth - Rubicon continues expanding its Base-native features This launch follows Rubicon's ongoing commitment to building on Base, strengthening the connection between the two platforms.

🤝 Daily RUBI Rewards

🤝 Daily RUBI Rewards

**RUBI token holders can now earn daily rewards** through swap activities on the platform. - Every swap transaction generates **daily RUBI rewards** - Rewards are automatically distributed to users - Previous system required manual claiming from rewards dashboard This represents a shift from the earlier model where users needed to actively check and claim rewards from trading activities including swaps, trades, and LP actions. **Check your rewards status** at [app.rubicon.finance/rewards](http://app.rubicon.finance/rewards)

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)

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