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Price
$0.0730
9/25/2022, 9:42:11 PM
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Market

Market stats

Market cap

$8.0M

Volume (24h)

$791,301.15

Circulating supply

109.0M RBC

All time high

$1.05

Price change (1h)

+0.04%

Price change (24h)

-0.48%

Price change (7d)

+2.53%

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Rubic is on the rise this week.

The price of Rubic has risen by 2.53% in the past 7 days. The price declined by 0.48% in the last 24 hours. In just the past hour, the price grew by 0.04%. The current price is $0.072993 per RBC. Rubic is 93.05% below the all time high of $1.05.

The current circulating supply is 109,000,000 RBC.

About

What Is Rubic (RBC)?

Rubic is a Multi-Chain Swap Cryptocurrency Protocol that seeks to enable users to swap assets between major blockchainsEthereum, Polygon, BSC, Avalanche, Moonriver, Fantom, Harmony, Solana, Arbitrum and Aurora. Users can do this all in one place, using a simple and intuitive user interface.

Multi-Chain Swap Protocol of Rubic platform consists of two key components:

  • Each blockchain has a protocol layer that contains smart contracts.

  • At the infrastructure level, off-network verification is carried out.

 The protocol layer consists of smart contracts on the blockchain used to manage assets, verify the signatures of validators and relayers, and reach a consensus between validators. Moreover, a transaction is considered valid only if it meets the minimum number of validator confirmations. The infrastructure layer comprises physical servers, each of which fulfils a specific task, such as a validator or relayer.

The validator is a verification node that tracks all events for the Multi-Chain Routing contract and reports them to the relayer. The purpose of a relayer is to collect as many messages as needed from validators and send them. 

The Rubic Multi-Chain Protocol has an ERC-20 token, RBC, that fuels the Protocol. The RBC token has the following utilities: 

  • To participate in the Protocol, validators must stake RBC.

  • Governance.

  • Stakers are paid using RBC tokens. 

Then the native token is distributed as follows:

  • The team is entitled to 10% of tokens. Every three months, 2% of tokens will be unlocked (over a year). 

  • About 8% of tokens are used for marketing campaigns and bounty programs, and 4% of tokens are permanently frozen. 

  • A maximum of 8% of tokens are distributed to holders of MyWish and are automatically unlocked every third month (over a year). 

  • 66% of tokens are placed on the market. 

  • Uniswap Liquidity accounts for 8% of tokens. 

Several DEXs are connected to the Protocol to create the Multi-Chain Smart Routing System. Rubic aims to facilitate trading by listing every asset on integrated DEXs so that users can swap stablecoins and other assets. 

History of Rubic (RBC)

Vladimir Tikhomirov and Alexandra Korneva are the cofounders of the Rubic protocol. In the Rubic protocol, there is a maximum total supply of 124,000,000 RBC tokens.

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FAQ

What is the current price of Rubic?

The price of 1 Rubic currently costs $0.0730.

What is the market cap of Rubic?

The current market cap of Rubic is $7.96M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Rubic?

The all-time high of Rubic is $1.05. This all-time high is highest price paid for Rubic since it was launched.

What is the 24 hour trading volume of Rubic?

Over the last 24 hours, the trading volume of Rubic is $791.30K.

What other assets are similar to Rubic?

Assets that have a similar market cap to Rubic include BioPassport Token, Galatasaray Fan Token, ChainX, and many others. To see a full list, see our comparable market cap assets.

How many Rubic are there?

The current circulating supply of Rubic is 109 million.

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