Rabbithole has announced that its platform is now live, bringing live campaigns into one place so users can find opportunities built around the assets and protocols they already use. The launch invites users to sign up, connect their wallet, and choose a first campaign.
Rabbithole launched a new KyberSwap FairFlow pool pair for USDC/USDT0 on Arbitrum, part of its ongoing partnership with Kyber Network. Users who provide liquidity in range to the pool are eligible to earn KNC. Eligible in-range positions can earn rewards and existing positions already in the pool count toward qualification.
Rabbithole partnered with Kyber Network to launch two KyberSwap FairFlow liquidity campaigns: WBTC/cbBTC and WBTC/WETH. Existing positions qualify, with KNC accruing daily while positions stay active and in range on Rabbithole. Within the first 48 hours, $145K+ of WBTC liquidity earned 1,593+ KNC across 33,000+ positions, and the WBTC/cbBTC pool was extended for 13 more days at 20% APY. Steakhouse's USDC hold campaign led hold-side activity at $39,670 TVE.
Rabbithole announced it is no longer in early access and now runs live campaigns across LidoFinance, SteakhouseFi, ether.fi, ForkastGG and Polymarket, with over $10M in ecosystem rewards claimed. Users complete hold, trade or prediction campaigns, keep their positions and earn rewards for staying. Partnership stats shared so far show rapid early participation, including $145K+ of WBTC liquidity earning KNC within the first 48 hours.
The Quest Protocol that powered RabbitHole was rebranded as Boost, and a successor platform named Boost Inbox was announced to launch in February 2024; RabbitHole was slated to fully merge into Boost Inbox by early April 2024, retiring the RabbitHole brand.
RabbitHole launched Quest Terminal, an onchain task deployment program that allows anyone to deploy tasks to the Quest Protocol, create allowlists targeting high-value users, and distribute ERC-20 rewards for onchain actions.
RabbitHole announced its V2 upgrade, which introduced a fully onchain Quest Protocol, replacing the V1 Skills and XP system with Quest Receipts (ERC-721) and protocol-defined allowlists for token rewards.
RabbitHole completed an $18M Series A funding round led by Greylock and TCG Crypto, with participation from investors including ParaFi Capital and Jump Capital, to further expand the platform and attract more users.
RabbitHole raised $3.6M in seed funding, led by Electric Capital with participation from Coinbase Ventures and Framework Ventures, to expand its operations and develop its platform.
RabbitHole was founded by Brian Flynn in Venice, California as a platform to help users earn crypto by completing tasks and learning to use DeFi and web3 applications.
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