Symbiosis Digest - What Happened in the Last Two Weeks?

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.

Useful Links:

• Our X/Twitter

• Discord Community

• Telegram Chat

• Documentation