The ongoing @rootstock_io current incentive campaign has over $500k in rewards + 5 Lil pudgy NFTs (worth ~$34k) Yet it feels overlooked as there are only currently 225 consistent participants in the Galxe quests = directly tied to rewards distribution S2 ends this Aug 25th How to complete all tasks to maximize rewards: In summary: Bridge eligible assets to Rootstock, supply and borrow and then supply again on LayerBank (1x loop) 1/ Bridge a min of 40+ (RBTC, USDT0, WETH) to Rootstock using @JumperExchange → 3 tickets 2/ Supply eligible assets on @LayerBankFi (RBTC, USDT0, WETH, SolvBTC/xSolvBTC) → 1 / 3 / 5 tickets for 10–100 / 101–500 / 501+ 3/ Borrow assets on LayerBank (RBTC, USDT0, WETH) → 1 / 3 / 5 tickets by the same brackets 4/ Looping bonus: supply twice and borrow once → +3 tickets Max per wallet: up to 16 tickets + 1 per successful referral (cap applies) Season 1 users get +3 loyalty tickets You must sign up on Galxe to track eligibility and complete all the tasks (for the Pudgy raffle specifically) Done. How rewards work: S2 specific rewards - $100k in boosted apy + 1 Lil pudgy for raffle + 35k RIF (redeemable if you don't win the pudgy) Entire Campaign rewards (what you see on the Galxe page) 5 Lil Pudgies (for raffle) + $500k in rewards (boosted APY and fixed amount of RIF tokens) _________________________________ But what actually is Rootstock and why should you care? Live since 2018 = longest-running Bitcoin sidechain (most secure and most decentralized) RIF = Powers incentives, infrastructure, and interoperability within Rootstock rBTC = “programmable Bitcoin” on Rootstock, 1:1 backed by BTC, used for gas and DeFi Uses merge mining = over 80% of Bitcoin’s hash rate secures Rootstock and its native bridge, transaction fees go to Bitcoin mining pools (Foundry, Antpool, ect) EVM-compatible = assets (USDT, BTC, ETH) can move in from major EVM chains like Arbitrum, Base, and BNB Chain using LayerZero/Stargate 60% lower gas fees from optimizations from Rootstock’s merge-mining partners ~255M TVL, ~220% YoY Revenue growth (from Q4 2024 report) RootstockCollective = the Bitcoin scaling DAO First-ever Grants program in a Bitcoin DAO Secured 10M in funding to support treasury The flywheel: Bi-weekly cycle of incentives in BTC and RIF designed to enable builders to bootstrap apps, liquidity, and usage while also allowing those builders to support their backers _______________________________ This content was made in collaboration with Rootstock I've also deployed my own liquidity to participate in this campaign cause I think the r/r is good for time and capital cost, and most are not participating from lack of interest, potential PSTD in BTCfi ect(Insightful)