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Earn $MNT and BTC rewards on Symbiosis cross-chain swaps
A historical digest of Symbiosis ecosystem campaigns from May 2024: Mantle $MNT payouts, the Rootstock Galxe challenge and zkLink point boosts, with the mechanics of each reward.
Updates
Numbers
Proven performance
TL;DR
Key takeaways
In May 2024, the Mantle campaign had a 95,000 $MNT pool, paying up to 6.5 $MNT per cross-chain swap, distributed every Thursday.
Mantle reward tiers: $50 swap earns 1.2 $MNT, $1,000 earns 2.5 $MNT, and $10,000 earns the 6.5 $MNT max.
The Rootstock $10,000 Swap Challenge ran on Galxe through May 23, 2024, splitting two $5,000 pools for top volume and tx count.
The zkLink Aggregation Parade gave boosted Nova Points for swaps over 0.1 ETH or 500 USDT/USDC, with daily races starting at 10:00 UTC.
CoreDAO is now live on Symbiosis: swap $CORE, $coreBTC, $USDC, and $USDT to and from 25+ supported networks.
5 minute reading
Updates
Two weeks of Symbiosis campaigns
Progress never stops - that’s for sure. Symbiosis team, as usual, has been quite occupied and busy to deliver cross-chain experience at full scale. Besides technical improvements and work on upcoming integrations, we were putting out some interesting collaborations to maintain our cross-chain protocol not only in an efficient, but also in a fun way.
To provide you with somewhat of a helicopter view of everything that took place over the last two weeks, here’s a recap of all ongoing promotions you should take a look at. Discover the campaigns, their benefits and delve into them in our new blog post
Hot: get rewards from swaps and bridge at SYMBIOSIS
Overall, there are four ongoing campaigns that we currently have with the blockchain networks available at Symbiosis WebApp. Let’s check these opportunities to get maximum rewards out of routine exchange operations
SYMBIOSIS x Mantle - $MNT campaign
In the beginning of May we announced the expansion of our rewards campaign with Mantle Network! To incentivize cross-chain activity to the following blockchain, we collaborate to bring more efficiency and provide additional benefits to existing unique cross-chain routes that users follow in this Mantle Journey.
Here are the details you may need to know:
The campaign’s pool is 95,000 $MNT;
Only cross-chain swaps to Mantle are eligible for the participation in the program;
Our campaign with Mantle is still going - you have a chance to actively participate!
Rules and Rewards Scheme:
Perform cross-chain swaps via Symbiosis WebApp;
You can obtain up to 6.5 $MNT in rewards for each swap operation;
We distribute the rewards on a weekly basis every Thursday;
How Much Can You Get?
For a minimum of $50 cross-chain swap to Mantle you receive 1,2 $MNT reward;
For a minimum of $250 cross-chain swap to Mantle you receive 1,5 $MNT reward;
For a minimum of $1,000 cross-chain swap to Mantle you receive 2,5 $MNT reward;
For a minimum of $2,500 cross-chain swap to Mantle you receive 5 $MNT reward;
For a minimum of $10,000 cross-chain swap to Mantle you receive 6,5 $MNT reward.
Take your chance - all tokens on Mantle are eligible as well.
SYMBIOSIS x ROOTSTOCK - $10,000 swap challenge campaign
This one is one of a kind! We collaborate with Rootstock - a decentralized BTC Layer 2 sidechain - and roll out a new challenge for crypto enthusiasts to incentivize users’ cross-chain input.
Carefully get acknowledged with the rules:
The participation is counted as active as soon as you followed and completed all the rules - including the performing of a minimal $100 cross-chain swap to Rootstock via Symbiosis.
There are two main prizes: for the biggest volume of bridged funds and the biggest number of cross-chain transactions to Rootstock. Both of them have prize pools of $5,000, respectively;
You can receive up to $1,800 in rewards - based on your grade and the place among the participants ($1,000 for the most active in terms of volume and $800 for the winner with the biggest number of bridge transactions to Rootstock);
The campaign is hosted at Galxe, so in order to participate you need to complete a quest there - by this link.
The campaign goes this May, and the prizes will be distributed to the most active participants after May 23th. Here’s a great opportunity to maximize your rewards - learn more about Rootstock and its goal here.
SYMBIOSIS x ZKLINK - aggregation parade campaign
As one of the confirmed decentralized applications, Symbiosis brings additional benefits and rewards to zkLink Aggregation Parade - an incentivized program to qualify for the upcoming $ZKL drop. We explained all the details on the Aggregation Parade campaign right here in our blog article.
What’s new in the store for Aggregation Parade Participants?
Symbiosis provides boosted points for cross-chain swaps to zkLink via our WebApp - it means that you can increase your chances of securing the rewards and earn additional prizes including zkLink Nova Lynks NFTs.
How to get more zkLink Nova Points?
The main strategy is to participate in a daily points race. “Need For Points” - was that the name of that game?
The contest is held on daily basis with its start at 10:00 UTC;
The requirements for the minimum amount of assets bridged to get boosted points is 0.1 ETH / 500 in USDT or USDC:
You can receive up to 5 Nova Points if you get into the earliest group of participants. For more detailed rules - please refer to our blog post on zkLink Aggregation Parade.
Let’s see if you’re an early bird in this challenge! Wishing luck and the best to all participants.
Latest integration - enabling swaps and bridge to CoreDAO
Besides contests and campaigns, there was also a new integration to Symbiosis Protocol - Core Chain - a Bitcoin sidechain with the combination of Ethereum and Bitcoin technologies.
Cross-chain swaps and bridge to the Core Chain are live! Try out swapping any supported tokens on CoreDAO via one click from 25+ supported blockchain networks at Symbiosis.
What’s in store at Symbiosis?
Users can perform on-chain and cross-chain swaps to and from Core Chain with the supported assets (including but not limited to $CORE, $coreBTC, $USDC, $USDT and more). This is a crucial step for both Symbiosis and CoreDAO as we continue to bridge the gap in the Bitcoin availability and accessibility.
Check the available routes, the swap and bridge terms in our Symbiosis WebApp. We made sure to choose Core Chain in advance there
More - coming soon. Take a closer look!
These coming months seem to be as fruitful as May. Make sure to follow us on Socials and don’t forget to check the announcements in our Telegram channel. Who knows what the next integration or campaign may be.
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FAQs
Got questions?
Still have questions? Contact us and we’ll help you out.
01
How do I earn MNT rewards on Symbiosis swaps?
During the May 2024 campaign, users performed cross-chain swaps to Mantle via the Symbiosis WebApp. The pool was 95,000 MNT and rewards were distributed weekly every Thursday. Only swaps destined for Mantle qualified.
02
What is the minimum swap size for MNT rewards?
The minimum was a $50 cross-chain swap to Mantle, which earned 1.2 MNT. Larger tiers scaled up to 6.5 MNT for swaps of $10,000 or more, with intermediate tiers at $250, $1,000, and $2,500.
03
How does the Rootstock $10,000 Swap Challenge work?
Participants completed a minimum $100 cross-chain swap to Rootstock via Symbiosis and joined the Galxe quest. Two $5,000 prize pools were awarded: one for biggest bridged volume, one for the highest number of transactions to Rootstock.
04
When are Rootstock challenge prizes distributed?
The campaign ran through May 2024, and prizes were distributed to the most active participants after May 23, 2024. Top winners received up to $1,800 in rewards based on volume or transaction count ranking.
05
How do I get boosted points in zkLink Aggregation Parade?
During the campaign, users bridged at least 0.1 ETH or 500 in USDT/USDC to zkLink via the Symbiosis WebApp during the daily race starting at 10:00 UTC. Earliest participants could receive up to 5 Nova Points and qualify for Nova Lynks NFTs.
06
Can I swap to CoreDAO through Symbiosis?
Yes, cross-chain swaps and bridging to Core Chain are live on the Symbiosis WebApp. Users can swap supported assets including CORE, coreBTC, USDC, and USDT from over 25 supported blockchain networks.
07
What is Rootstock and why is it relevant?
Rootstock is a decentralized BTC Layer 2 sidechain. Symbiosis partnered with Rootstock to incentivize cross-chain activity into the network through the $10,000 Swap Challenge campaign on Galxe.
08
Are all tokens on Mantle eligible for the MNT campaign?
Yes, during the May 2024 campaign all tokens on Mantle were eligible. Swaps earned up to 6.5 MNT each, with weekly Thursday payouts as long as the destination chain was Mantle.
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