Nibiru, a high-throughput blockchain, has launched “Block Party,” a new rewards program designed to incentivize real user participation in its DeFi ecosystem. The program uses a points system called Aura.
What is Aura?
Aura is a points system that tracks your contributions to the Nibiru DeFi ecosystem. You earn Aura by participating in various activities, including:
- Trading: Using platforms like Oku, MIMSwap, and OmniSwap.
- Lending: Interacting with LayerBank.
- Perpetuals Trading: Using the Sai perpetuals exchange.
- Bridging Assets: Using Stargate.
- NFTs: Minting and trading NFTs on Element.
- Prediction Markets: Participating in BRKT and PRDT.
- Completing Quests: Participating in on-chain and off-chain missions via Merkl and Galxe.
How to Earn More Aura
You can maximize your Aura earnings by:
- Sustained Liquidity: Locking funds in select stablecoin pairs for 90+ days can earn you up to a 3.5x point multiplier.
- Concentrated Liquidity: Providing liquidity in specific pools.
- Active Trading: Frequent trading activity.
- Completing Missions: Participating in protocol-specific challenges.
Block Party Details
- Monthly Seasons: Each month is a new season, with a leaderboard reset at the end.
- Public Dashboard: A public dashboard will track Aura points and leaderboards.
- Claim Window: After each season, there’s a window to claim your rewards.
- Anti-Manipulation Measures: Nibiru has implemented measures like Sybil resistance and time-weighted tracking to prevent manipulation and ensure fair rewards.
About Nibiru
Nibiru is a fast and efficient blockchain built to make Web3 development and usage easier. It’s backed by $20.5 million in funding and uses a parallel processing architecture to handle high transaction loads. It’s compatible with standard EVM bytecode, making it easy for developers to build on.
Disclaimer: This information is for promotional purposes only. Always do your own research before investing in any cryptocurrency or DeFi project./p>
