Nibiru Launches Block Party Event to Achieve Real Decentralized Finance Participation and Earn Rewards

Nibiru recently launched a brand new Block Party event aimed at encouraging users to actively participate in its Decentralized Finance ecosystem. Participants can earn Aura points through various interactions, which is a new rewards system specifically designed to record users' genuine contributions.

Users can earn Aura points by interacting with different applications on the Nibiru EVM. These applications include trading platforms, lending protocols, decentralized exchanges, perpetual contract platforms, and more. Additionally, users can earn points through cross-chain asset transfers, NFT minting and trading, as well as participating in prediction markets.

To maximize Aura rewards, users can participate in the Aura season held once a month. At the end of each season, the leaderboard resets to encourage ongoing participation. On-chain tasks are tracked through an industry-recognized liquidity mining engine, while off-chain and social tasks are supported by a well-known Web3 task platform.

Users can also earn additional points by providing liquidity in designated pools for a long time. For example, locking in a specific stablecoin pool for more than 90 days can enjoy a 3.5 times points bonus. Other ways to enhance points include concentrated liquidity, active trading, or completing tasks specified by the protocol.

Aura points and leaderboards will soon be available on the public dashboard, allowing users to check their progress at any time. After the end of each monthly season, a leaderboard snapshot will be taken, followed by the opening of rewards claims and the start of a new season. It is worth noting that points are temporarily non-transferable, and users need to complete at least two full seasons to be eligible for transferring or unlocking points.

To ensure fairness, the platform has implemented multiple protective measures, including witch attack detection, on-chain activity verification, and time-weighted mechanisms, to ensure that Aura points are only awarded to users who truly contribute to the ecosystem.

Nibiru is a high-performance, multi-virtual machine blockchain equipped with an EVM-equivalent engine. Its unique architecture supports parallel processing of state updates, maintaining excellent performance even under high load. Nibiru is compatible with standard EVM bytecode, allowing developers to use familiar development tools directly without the need for complex migration processes.

The project has received investment support of $20.5 million, primarily from investors in East Asia and the United States. Nibiru is designed specifically for Decentralized Finance (DeFi) applications and related services, without relying on cross-chain communication or Layer 2 solutions.