Nibiru Launches Block Party: Earn Aura Rewards Across DeFi Ecosystem

Nibiru Introduces Block Party and Aura Rewards

Nibiru has unveiled Block Party, a novel initiative that introduces Aura, a points system designed to reward active participation across its DeFi ecosystem. Aura reflects users' contributions through activities like trading, liquidity provision, lending, and completing quests, serving as the foundation for Nibiru's seasonal incentive program.

Earning Aura Across Nibiru EVM

Aura can be earned by engaging with various applications on the Nibiru EVM, including trading platforms such as Oku, lending protocols like LayerBank, DEXs like MIMSwap and OmniSwap, and the Sai perpetuals exchange. Users can also earn points by bridging assets via Stargate, minting and trading NFTs on Element, or exploring prediction markets like BRKT and PRDT. With numerous applications already integrated, the Nibiru EVM is live and expanding.

Monthly Aura Seasons and Multipliers

Each Aura Season lasts one month, with leaderboards resetting at the end of each cycle. Aura is earned through both on-chain and off-chain activities. On-chain contributions are tracked using Merkl, a reliable liquidity mining engine developed by Angle Protocol, while off-chain and social missions are managed by Galxe, a leading quest platform trusted by major Web3 ecosystems.

Users can amplify their Aura earnings by maintaining liquidity in eligible pools. For instance, locking funds in select stablecoin pairs for over 90 days can yield up to 3.5x point multipliers. Additional opportunities include concentrated liquidity provision, active trading, and completing protocol-specific missions.

Tracking Progress and Ensuring Fairness

A public dashboard will soon be available for users to monitor their Aura points and leaderboard standings. Each month concludes with a snapshot of rankings, followed by a claim window and the start of a new season. Features like Sybil resistance and time-weighted tracking ensure rewards are distributed fairly, based on genuine activity and contributions.

About Nibiru

Nibiru is a high-throughput Multi VM blockchain featuring the Nibiru EVM, an EVM-equivalent execution engine. Its architecture processes state updates in parallel, ensuring performance under high demand. Nibiru supports standard EVM bytecode, allowing developers to build without costly rewrites and leverage familiar tools. Backed by $20.5 million in investments from East Asia and the U.S., Nibiru aims to enhance the speed, efficiency, and accessibility of Web3 applications.

For more details on the Block Party and Aura rewards, visit the official rules and terms page.