De-fi
Rainbow WalIet Introduces ETH Rewards Program – Crypto News
The multi-chain wallet will distribute ETH to its top users on a weekly basis.
Multi-chain wallet Rainbow has unveiled the first phase of its rewards program, with rewards in ETH for its top 10,000 all-time points collectors.
The top 1,000 Rainbow users will be able to claim their share of ETH rewards every Tuesday at 4:20 pm EST, based on the number of points earned over the last week.
Rainbow’s points program was introduced on December 12, 2023. Points can be earned through on-chain activities such as swaps, bridges, minting NFTs, or by referring other users.
The team’s social media post also hinted at a possible snapshot and an expanded rewards pool meant to scale alongside its community.
“This is just the beginning,” said Rainbow co-founder Mike Demarais.
ETH Rewards can be claimed through the Rainbow mobile app or browser extension on any Superchain network that is supported by Rainbow, specifically Base, Zora, or Optimism.
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