Ruby Protocol — $RUBY LBP Recap
Mission Accomplished!
We’re thrilled to announce the successful conclusion of the $RUBY Token Liquidity Bootstrapping Pool (LBP) in collaboration with Fjord Foundry! For 72 hours, from 1 PM Jan 25th to 1 PM Jan 28th, this community-driven event saw the fair distribution of 5% of the total $RUBY supply, paving the way for a vibrant and decentralized future for the protocol.
Here’s a recap of the LBP highlights:
- Democratized Price Discovery: Fjord Foundry’s innovative LBP mechanism ensured fair and balanced participation, preventing manipulation and empowering all users to contribute to the $RUBY price discovery process.
- Strong Community Engagement: Hundreds of participants pooled their resources, demonstrating immense faith in Ruby Protocol’s potential. The community spirit played a vital role in the LBP’s success.
- Transparent and Trustworthy: Fjord Foundry’s secure platform offered complete transparency throughout the LBP, building trust and confidence among participants.
We are incredibly grateful to the entire community who participated in the LBP and made it a resounding success. Your belief in Ruby Protocol fuels our passion for building a future where decentralized applications are seamlessly integrated into everyday life.
What’s next?
With the LBP concluded, we’re now gearing up for the next exciting chapter:
- CEX Listings: While we understand the eagerness to see $RUBY trading on exchanges, official platform listings will be announced separately through our verified channels.
- DEX Listings: $RUBY will be listed on major decentralized exchanges shortly, further enhancing accessibility and tradeability.
- Protocol Development: Our development team is working tirelessly to continue refining the current dApp functionalities, bring cutting-edge features and applications to life on the Ruby Protocol.
- Community Growth: We remain committed to fostering a vibrant and engaged community. Exciting initiatives and rewards are on the horizon for our community members.
About Us
Ruby Protocol is an Intent-Centric Account & Access Layer for Web3.
We are building an intent-centric, interoperable, and privacy-preserving infrastructure for Web3 future. Our services, including Account Abstraction (AA), Assets Bridge (AB), Access Control (AC) and much more, are designed to accelerate Web3 development and its mass adoption.
We aim to make Web3 seamless and effortless to everyone everywhere.
