Celo and Euler are launching new reward initiatives to incentivize participation within their ecosystems. Celo is offering double rewards for builders contributing to its platform, with select participants eligible for exclusive Celo rewards, including a direct cUSD payment to one special builder this week. Meanwhile, Euler is introducing rEUL, a locked version of EUL tokens, designed to reward users through a new distribution method. This initiative involves locked tokens that unlock linearly over six months, allowing users to claim and unlock liquid tokens from rEUL at their discretion, albeit with conditions for early claimers. Additionally, Euler Prime has launched a bespoke lending market that allows users to earn rEUL tokens by depositing USDC, with a total of 3,660 rEUL tokens available for distribution. Other platforms, such as Flipside, are also providing enhanced rewards for users engaging with their services, including multiple crypto rewards for dashboard contributions.
The first rewards on Euler Prime are live. 3660 rEUL up for grabs — Deposit USDC and get rEUL. How to take advantage (↓) https://t.co/YpgW1nAJQe
This week, when you make @autonolas dashboards, you can get rewarded TWICE: - with 3x the crypto from Flipside - with points from Olas With Olas Contribute, your insights go a lot further. Here's how to earn👇 https://t.co/KP4mAuNhvt
1/ Unveiling Euler Prime - a bespoke lending market to provide the most capital efficient lending experience. - Directly earn rEUL tokens - Euler Prime is composed by: $LBTC, $WBTC, $cbBTC, $tBTC, $sUSDS, Smart $M, $mTBILL, $cbETH, $wstETH, $WETH, $weETH https://t.co/ijCv5uct1X