Nibiru Launches Block Party Aura Program to Reward DeFi Users

Nibiru, a high-throughput multi-VM blockchain, has launched the "Block Party" Aura program, a new initiative designed to reward genuine user participation within its decentralized finance (DeFi) ecosystem. The program introduces Aura, a points system that reflects users' contributions through various DeFi activities such as trading, liquidity provision, lending, and quests. This system serves as the backbone of Nibiru’s seasonal incentive engine, encouraging users to engage more actively with the platform.

The "Block Party" Aura program allows users to earn Aura points by interacting with a variety of applications on the Nibiru EVM. These applications include trading platforms like Oku, lending protocols such as LayerBank, decentralized exchanges (DEXs) like MIMSwap and OmniSwap, and the Sai perpetuals exchange. Additionally, users can bridge assets via Stargate, mint and trade NFTs on Element, and explore prediction markets like BRKT and PRDT. With dozens of active integrated applications, Nibiru EVM is live, growing, and ready for use.

Users can earn Aura through both on-chain and off-chain missions. On-chain activity is tracked via Merkl, a liquidity mining engine built by Angle Protocol, while off-chain and social missions are powered by Galxe, a leading quest platform trusted by major Web3 ecosystems. Participants can further boost their Aura points by providing sustained liquidity in eligible pools. To ensure transparency, Aura points and leaderboards will be viewable through a public dashboard that will launch soon.

Each month, the program 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. This approach not only incentivizes users to explore and utilize the platform's features but also provides a transparent system where users can track their progress and achievements.

The launch of the "Block Party" Aura program is a strategic move by Nibiru to differentiate itself in the competitive DeFi landscape. By focusing on real user activity and providing tangible rewards, Nibiru is positioning itself as a platform that values and rewards its users' contributions. This approach is likely to attract more users who are looking for a DeFi platform that offers more than just financial transactions but also a sense of community and engagement. The program's design, which includes a points system and public leaderboards, is a clear indication of Nibiru's commitment to fostering a more interactive and rewarding DeFi experience.