June Update

Ruler Protocol
3 min readJun 7, 2021

--

Hello Ruler Community,

Here is brief overview of some delistings, updates, partnerships, and events that have occurred over the course the last month!

Delisted Collaterals

For the below list of pairs, we have delisted them for following reasons:

Recent Highlights

  • BSC Expansion — Ruler Protocol is live on BSC with liquidity mining so users can earn Ruler + Partner incentives.
  • Lite UI — Completed and integrated!
  • Ruler X Chainlink — Ruler Protocol now uses Chain Link price feeds/oracles as its default option.
  • Ruler performed its First Buyback — Ruler Protocol has completed its first buyback! $89,193 in captured fees was used to buy back 519.07 $RULER! The $RULER that has been bought back will be distributed amongst xRULER holders! You can see the buyback transaction here.
  • First community event — completed! Emojis for everyone!

Product Updates

BSC Expansion

Ruler Protocol is live on BSC with liquidity mining so users can earn Ruler + Partner incentives. A special shoutout to Nerve for helping setup the metapools! If you would like to use Ruler on BSC just switch your network to BSC!

Lite UI

To make Ruler Protocol more user friendly we have released a lite version of Ruler with only its core functions. The “Pro” tab will continue to exist for our advanced users.

New Collaterals and Partnerships

As we continue to develop, one of our main goals is to add more collateral to be used to borrow against along with partnerships!

Harvest X Ruler — Harvest has allocated incentives towards LPs!

Vesper X Ruler — Vesper is providing liquidity to its pool!

Radix X Ruler — Radix has allocated incentives towards LPs!

Near X Ruler — Near has allocated incentives towards LPs!

Armor x Ruler — Armor has allocated incentives towards LPs!

Chainlink x Ruler

Sushiswap Onsen x Ruler — Sushi rewards are now active for SLP stakers in Masterchef! — Dual rewards coming soon!

DefiLlama is now tracking Ruler Protocol and all of its collateral assets locked in.

Community Event

The Ruler Protocol emoji contest has ended! Each of the 8 winners received 3 $RULER!

Website | App | Docs | Twitter | Discord | Telegram | GitHub | YouTube

--

--