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