Categories: Payment system news

Nibiru Announces Launch of ”Block Party” Aura Program to Reward Real DeFi Activity

Nibiru, a high-throughput multi-VM blockchain that allows builders to avoid costly rewrites and leverage familiar tools, has announced the launch of the Block Party Aura program.

Designed to support standard EVM bytecode, Nibiru allows builders to avoid costly rewrites and leverage familiar tools. Notably, it efficiently executes state updates in parallel to maintain performance under heavy load.

Introducing “Block Party” Aura Program

The initiative aims to allow users to earn Aura, a new points system designed to reward real user participation across its DeFi ecosystem. Aura reflects each user’s contributions through trading, liquidity, lending, or quests, and forms the backbone of Nibiru’s seasonal incentive engine.

According to the announcement, users will be able to earn Aura by interacting with applications on Nibiru EVM, including trading platforms like Oku, lending protocols such as LayerBank, DEXs like MIMSwap and OmniSwap, and the Sai perpetuals exchange.

The project also allows users to bridge assets via Stargate, mint, and trade NFTs on Element and explore prediction markets like BRKT and PRDT. With dozens of active integrated applications, Nibiru EVM is live, growing, and ready for use.

Nonetheless, users can earn Aura through both on-chain and off-chain missions. Meanwhile, on-chain activity is tracked via Merkl, a battle-tested liquidity mining engine built by Angle Protocol.

On the other hand, off-chain and social missions are powered by Galxe, a leading quest platform trusted by major Web3 ecosystems.

Furthermore, participants can boost their Aura by providing sustained liquidity in eligible pools. To ensure transparency, aura points and leaderboards will be viewable through a public dashboard that will launch soon.

Each month closes with a snapshot of rankings, followed by a claim window and the start of a new season. Mechanisms such as Sybil resistance and time-weighted tracking have been implemented to ensure that rewards are allocated based on genuine activity, minimizing the potential for manipulation.

superadmin

Recent Posts

Ritual Announces AI-Native Layer 1 for Autonomous Agents

Ritual, a lab for autonomous intelligence founded by former Polychain Capital partners Niraj Pant and…

4 hours ago

Evernorth CEO Explains Why He Chose XRP Over Bitcoin

Asheesh Birla, the CEO of Evernorth Holdings Inc., revealed why the Nasdaq-listed digital asset treasury…

2 days ago

Ethereum’s RWA Dominance Slips as Solana, BNB Chain, Stellar, and Avalanche Gain Ground: Data

The RWA market is evolving rapidly, according to a new report shared today by institutional…

2 days ago

Ripple’s XRP Risks Losing Spot Among Top 10 Cryptos by 2030 Unless This Crucial Shift Happens, Pundit Warns

Ripple-linked XRP may be one of the biggest names in the cryptoverse today, but its…

3 days ago

Billionaire Investor Chamath Palihapitiya Says Bitcoin Will Eventually Be Hacked by AI and Go to Zero

The debate over whether Bitcoin’s hashing algorithm can be hacked continues to evolve. This time,…

3 days ago

Cardano Foundation Pushes Back on New MiCA Rules for DeFi and Staking

The Cardano Foundation has urged the European Commission not to broaden the Markets in Crypto-Assets…

3 days ago