Rubic is turning three, and we couldn’t be more excited to celebrate it with all of you! We proudly look back on hundreds of accomplishments that have shaped our journey this year: 80+ New Integrations to reach 70+ Blockchains, 30+ Successful Promo Campaigns, 20+ Innovative Features, Enhanced Security … and more, later in this article!
While we continue to provide cost-efficient routes via 90+ DEXs and bridges for #crosschain swaps between established networks like Ethereum, BNB Chain, and Polygon, we’re also breaking new ground for emerging networks like Linea, Base, Mantle, and more. We embarked on this route about a year ago, and L2s already constitute 42% of our volume!
What Rubic Has Achieved in 2022–23
As the third year commences, our team extends heartfelt gratitude to every member of our cherished community. You power our progress, standing as the bedrock against market fluctuations and crypto turbulence.
The recent year has defied demanding challenges, and Rubic emerged stronger than ever. This year’s achievements encompass innovation, evolution, and continuous expansion!
Partnerships
Reflecting on our growth, it’s astounding to recall that Rubic supported just 20 networks last September. Today, we proudly integrate 70+ blockchains, encompassing:
10 L2 ETH Blockchains: Arbitrum, Optimism, zkSync Era, Base, Mantle, Metis, Polygon zkEVM, Linea, PulseChain and Boba ETH.
L2s already constitute 42% of our value (6 months ago it was just 14%).
30+ non-EVM blockchains, which clearly set Rubic aside from the competition.4 #Testnets : Scroll, Goerli, Zetachain, Arthera.
We’re committed to integrating new, popular chains and testnets, so that Rubic can solve any Web3 cross-chain need. Rubic = Interoperability.
In our ongoing efforts to enhance Smart Routing, we’ve aggregated an impressive roster:
Over 20 DEXsMore than 7 new Cross-Chain providers
Over the course of this year, we participated in over 30 major campaigns, including highly-anticipated ones like the zkSync Era and Polygon zkEVM campaigns.
Innovations and Security
Beyond bolstering Rubic’s Smart Routing capabilities, we’ve introduced over 20 new features. Let’s delve into the most groundbreaking innovations from this year:
Testnet LaunchFee Sharing via Staking‘Revoke Approval’ FeatureToken Security Rating Feature
And of course…
Introduction of SwapToEarn.
The SwapToEarn Feature, unveiled in April, has garnered immense participation. A remarkable 61,000+ participants have engaged.
Very soon we will perform a comprehensive UI/UX Update of our app, achieving a harmonious balance between style and convenience. As we approach another year, a fresh design update beckons, signalling the dawn of a new chapter for Rubic.
While Rubic’s product continued to be upgraded, we remained steadfast in fortifying our security measures. This year saw a reimagined Security Architecture, including:
The hiring of Rubic’s Chief Information Security Officer.A thorough audit of Rubic’s New Contracts.The implementation of a revamped Information Security Strategy.The launch of a Bug Bounty Campaign.
New Highs
The flourishing growth of our numbers has been a source of immense pride this year.
Over 150,000 Total Unique Users have joined our ranks since the start of the project, forming a dynamic and engaged community.Our platform has facilitated an impressive Total Trading Volume exceeding $463M, a testament to the robust activity within our ecosystem.An astonishing Total Transaction Number of 462,000+ reflects the seamless interactions and transactions facilitated through Rubic.
Yet, our journey doesn’t end here. With unyielding determination, we continue to pursue a multitude of new accomplishments, each one contributing to the evolution and growth of our platform.
With every stride, we grow for our community, and the journey ahead is nothing short of exciting!
About Rubic
Rubic aggregates 70+ blockchains and testnets, while it enables swaps of 15,500+ assets with the best rates, highest liquidity, and transaction speeds — in one click, thanks to the integration of 90+ DEXs and bridges.
Users no longer have to roam across Web3 to compare rates and liquidity; they can make cross-chain and on-chain swaps of any available token to any other one on Rubic Exchange. On top of that, Rubic’s app along with our cross-chain widget provide fiat on-ramp services, making crypto easy to access and buy.
We also provide tools for dApps to enable cross-chain swaps. Rubic’s functionality can be implemented by any crypto project willing to become interoperable, with an easy-to-install widget and fully customizable SDK.
#DeFiChallenge #CryptoTalks #crypto2023

#Bridges #crosschain #Arbitrum #Ethereum #BNBChain

Relay Chain is a fast, user-friendly portal that facilitates cross-chain token transfers by aggregating bridge liquidity between the world's leading blockchains. The first-of-a-kind Bridge Aggregator empowers businesses to realize the benefits of using different blockchain networks by opening up new opportunities for accessing a wider range of assets, financial products, and services while maximizing capital efficiency. With Relay Chain, users and businesses can easily increase liquidity and scalability, reduce costs, save time, and enhance security.

Powered by a sophisticated tool, the Bridge Aggregator gathers information from different sources to provide the cheapest option available for cross-chain transactions. The aggregator works in the background invisibly, saving time and money for businesses and users without them needing to learn any new DeFi tricks.

Relay's Bridge Aggregator automates the laborious and imprecise process of checking multiple bridging applications to provide the best possible price every time. By providing detailed information across many bridge options, the Bridge Aggregator increases transparency and confidence in cross-chain transactions, making it easier for businesses to scale.

Relay Chain enables supply chain management companies to track the movement of assets across different blockchain networks, improving the efficiency and transparency of their operations. The gaming industry can offer in-game items and currencies across different blockchain networks affordably, increasing the audience for their games. The Bridge Aggregator also enables enterprise companies to build decentralized applications (dApps) that utilize unique features of multiple blockchain networks, improving their efficiency and reducing costs.

Through this service, users can easily transfer assets between all of the following blockchains: Metis, Avalanche, Ethereum, Polygon, Binance Smart Chain, Cronos, IoTex, Arbitrum, Optimism, Oasis, Tomochain, Thundercore, Nova, KCC, Moonbeam, GateChain, HSC, KardiaChain, Gnosis and Fuse.

In summary, Relay Chain's Bridge Aggregator is a powerful tool that can help businesses and users overcome the limitations of interoperability between different blockchain networks, and unlock new opportunities for growth and innovation. Relay Chain is faster, better, and cheaper for users, from individuals to enterprise level on-chain businesses.

In addition to its functionality, Relay Chain offers a lottery that is now live on both the Ethereum and Arbitrum networks. Participants can enter for a chance to win some bags of RELAY tokens. Three winning tickets will be chosen at random each Friday at 5:00 p.m. UTC, and lottery tickets for a given weekly lottery expire upon the conclusion of the respective contest period. Unclaimed winnings are forfeited after 30 days, and all winnings can be claimed on Arbitrum.

With Relay Chain's Bridge Aggregator, users and businesses have access to a world of possibilities. Whether it's increasing liquidity and scalability, reducing costs and saving time, or enhancing security and transparency,

In the rapidly evolving world of #blockchain technology, interoperability has emerged as a pivotal concept. Similar to how the early days of the internet featured isolated networks, today's blockchain ecosystems often function in silos, unable to seamlessly communicate with one another.What Is Blockchain Interoperability?Blockchain interoperability refers to a blockchain's ability to exchange data and value with other blockchains effortlessly. It enables smart contracts on different chains to communicate without the need to transfer tokens between them. In essence, it allows applications to work with assets or services across diverse blockchains, regardless of their underlying infrastructure.The Significance of InteroperabilityThe lack of interoperability presents a major hurdle to the widespread adoption of blockchain technology. It obstructs the smooth flow of data and value across various networks, akin to the early internet's disconnected networks. Developers encounter challenges in deploying isolated instances of applications on different blockchains, leading to fragmented ecosystems. Users face hurdles when transferring tokens between blockchains, involving complex processes with third-party bridges that can be time-consuming and confusing.Security risks also loom large when holding assets across multiple blockchains, opening doors to potential hacks and loss of funds. Consequently, addressing interoperability is crucial for creating a more user-friendly, secure, and interconnected blockchain environment.Benefits and ChallengesBlockchain interoperability offers numerous benefits, including seamless transactions, reduced fragmentation, and expanded business possibilities. However, challenges remain, such as addressing differing security solutions, consensus algorithms, and programming languages among different blockchains, which can complicate technical integration and governance.Closing Thoughts#Blockchain interoperability represents a crucial step towards a more connected and user-friendly blockchain ecosystem. As various cross-chain interoperability solutions strive to enhance stability and security, they hold the promise of fostering innovation and opening up new frontiers for blockchain applications. While the future may bring more efficient, stable, and secure tools for achieving interoperability, the quest for a truly interconnected blockchain landscape is undeniably underway.##crypto2023 #crosschain