Nibiru Launches Block Party Aura Program to Boost DeFi Engagement

Nibiru has introduced its innovative "Block Party" Aura program, designed to incentivize genuine user engagement within its decentralized finance (DeFi) ecosystem. This new points system, Aura, aims to reward users for their active participation across various DeFi activities. By doing so, Nibiru seeks to foster a more engaged and active community, encouraging users to explore and utilize the full range of DeFi services offered on the platform.

The "Block Party" Aura program is a strategic move by Nibiru to differentiate itself in the competitive DeFi landscape. By rewarding real user participation, Nibiru is not only enhancing user experience but also promoting the adoption of its DeFi services. This initiative underscores Nibiru's commitment to creating a more interactive and rewarding environment for its users, potentially attracting new participants and retaining existing ones.

Users can earn Aura points through a variety of activities, including trading, liquidity provision, lending, and completing quests. The Aura points system is integrated with multiple applications on the Nibiru EVM, such as trading platforms like Oku, lending protocols like LayerBank, DEXs like MIMSwap and OmniSwap, and the Sai perpetuals exchange. Additionally, users can bridge assets via Stargate, mint and trade NFTs on Element, or explore prediction markets like BRKT and PRDT. With dozens of active applications already integrated, Nibiru EVM is live, growing, and ready for usage.

Each month-long Aura Season resets the scoreboard, allowing users to earn Aura through both onchain and off-chain missions. Onchain activity is tracked via Merkl, a battle-tested liquidity mining engine built by Angle Protocol. Off-chain and social missions are powered by Galxe, a leading quest platform trusted by major Web3 ecosystems. Participants can boost their Aura by providing sustained liquidity in eligible pools, with users who lock funds in select stablecoin pairs for 90+ days earning up to 3.5x point multipliers. Others can earn through concentrated liquidity, active trading, or completing protocol-specific missions.

Aura points and leaderboards will be viewable through a public dashboard launching soon. Each month closes with a snapshot of rankings, followed by a claim window and the start of a new season. Mechanisms such as Sybil resistance and time-weighted tracking have been implemented to ensure that rewards are allocated based on genuine activity, minimizing the potential for manipulation. The incentive structure is designed to proportionally reflect participant contributions.

Nibiru is a high throughput Multi VM blockchain featuring Nibiru EVM, an EVM-equivalent execution engine. Its architecture executes state updates in parallel to maintain performance under heavy load. Nibiru supports standard EVM bytecode, allowing builders to avoid costly rewrites and leverage familiar tools. Backed by $20.5 million from investors in East Asia and the United States, Nibiru is engineered to make building and using Web3 applications faster, more efficient, and more accessible.