HomeNewsLightning Strikes: Litecoin Teams Up with Rubic, the Cross-Chain Aggregator, Powering Lightning-Fast,...

Lightning Strikes: Litecoin Teams Up with Rubic, the Cross-Chain Aggregator, Powering Lightning-Fast, Anonymous, and Secure Transactions

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    • Rubic, a Cross-Chain Tech Aggregator, provides tools to make Web3 dApps cross-chain and aggregates 60 major blockchains, 90+ DEXs, and bridges, facilitating the swapping of 15,500+ assets.
    • Rubic is aiming to increase its share of dApps in the market to 25% by 2023 and maintains a sustainable and secure tech structure where users’ funds are never stored on the frontend, with all transactions conducted via API.

Innovative Solutions by Rubic

Rubic is a Cross-Chain Tech Aggregator designed to assist both users and dApps. Rubic’s innovative umbrella SDK is positioned to consolidate the best of Web3 cross-chain tech, spanning signals and oracles, tokens, NFT bridges, and offering ready-made templates for DEXs, Lending/Farms, and more. It is poised to simplify the process for developers, enabling them to make their Web3 dApps cross-chain, regardless of their function.

At present, Rubic brings together 60 major blockchains, more than 90 DEXs and bridges, and facilitates the swapping of over 15,500 assets. The platform ensures the best rates, highest liquidity, and optimal transaction speeds. Users can access these services on the Rubic app, but the platform also offers tools for dApps to enable cross-chain swaps. Additionally, Rubic’s app and cross-chain widget provide fiat-on-ramp services, enhancing the accessibility and ease of purchasing crypto.

Rubic’s Impact and Future Goals

Rubic’s comprehensive functionality can be incorporated by any crypto project desiring to become interoperable. It offers an easily installable widget and a fully customizable SDK. To date, 130 of the 2,150 live dApps in operation have achieved interoperability with Rubic, representing 6% of the total number of live dApps on the market. Rubic aims to expand its share of dApps to 25% by 2023.

Rubic prides itself on its secure and sustainable tech structure. The platform never stores users’ funds on its frontend, and all transactions are securely conducted via API, sending calls to providers’ smart contracts.

Rubic’s Solution to the Cross-Chain Problem

With liquidity dispersed across various chains, cross-chain technology has shifted from a trend to a necessity. The blockchain sphere is currently experiencing a shortage of robust cross-chain infrastructure that could interconnect all crypto projects.

Rubic offers the ultimate solution for users and projects eager to leverage cross-chain technology. The platform aggregates blockchains, bridges, and DEXs, providing an all-encompassing cross-chain solution for users and dApps.

Revenue Generation Model and Future Plans

Rubic’s revenue model is multifaceted, intending to generate income from multiple streams such as revenue share with bridges, blockchain integration fees, transaction fees, protocol/SDK subscription fees, and project/widget custom fees. With its focus on enhancing cross-chain technology, Rubic is carving its unique path in the market.

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Nikita Dmitrievich
Nikita Dmitrievichhttps://www.ethnews.com/
Nikita, a young and ambitious crypto investor who has been actively involved in the cryptocurrency world for the past 6 years. With a keen interest in blockchain technology, Nikita has been investing in various cryptocurrencies and has seen significant returns on his investments. He is passionate about educating others on the potential of cryptocurrencies and frequently shares his insights on social media platforms. Nikita believes that cryptocurrencies are the future of finance and is constantly researching new projects to invest in. With his dedication and knowledge, Nikita is quickly becoming a prominent figure in the crypto community. Business Email: info@ethnews.com Phone: +49 160 92211628