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BOB Rise: Bitcoin DeFi Campaign
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BOB Rise: Bitcoin DeFi Campaign
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Earn OP rewards while growing Bitcoin DeFi! Deposit BTC into supported BOB DeFi protocols and claim your share of 750,000 OP tokens. Start now on BOB Rise.

Get Started
Overview
Timeline
Feb
26
Wednesday
, 
February
 
26
till 
Wednesday
, 
June
 
25
One-day Program
Rewards
750K OP
Details

BOB has launched BOB Rise, a four-month DeFi campaign to drive liquidity and adoption within its Bitcoin DeFi ecosystem. With support from a 750,000 OP token grant, users who deposit BTC into supported DeFi protocols on BOB can earn rewards.

Campaign Timeline

  • Start Date: February 26, 2025
  • End Date: June 25, 2025
  • Rewards Distribution: Accrued every 8 hours and claimable at any time, up to one month after the campaign ends.‍

    • How to Participate

    To earn OP rewards, users must deposit BTC into one of the participating DeFi protocols within the BOB ecosystem:

    • Oku Trade: A professional trading interface for Uniswap on BOB, enabling advanced DeFi trading.
    • Euler: A decentralized lending and borrowing protocol, providing isolated risk markets with a $1M bug bounty for security.
    • HybridBTC.pendle vault by Veda: A BTC vault that generates yield on Pendle (Ethereum) and automatically returns BTC yield to BOB users. Managed by Veda, with $3B TVL.
    • Gamma: Automates Uniswap liquidity management, optimizing returns through automated rebalancing.
    • Hourglass:Enables capital lock-ups for increased rewards and leverage farming similar to Pendle.

    Visit the BOB Rise Dashboard to manage positions, track incentives, and claim rewards in real-time. The dashboard, developed by Merkl, provides full visibility into available rewards.

    FAQ

    What is BOB?

    BOB is a hybrid Layer 2 (L2) blockchain that combines Bitcoin’s liquidity and security with Ethereum’s scalability and innovation. Built on the OP Stack, BOB enables fast, low-cost transactions while maintaining Bitcoin’s decentralization.

    How do I bridge to BOB?

    To bridge assets to BOB, follow these steps:

    1. Go to the official BOB Bridge
    2. Connect your wallet
      • Supported wallets include MetaMask, Rabby, and WalletConnect-compatible wallets.
    3. Select the asset to bridge
      • Choose BTC, ETH, USDC, or other supported assets to transfer to BOB.
    4. Confirm the transaction
      • Approve the transaction in your wallet and wait for it to be processed. Transfers typically take a few minutes.
    5. Start using DeFi on BOB!
      • Once your assets are on BOB, you can deposit them into BOB Rise-eligible DeFi protocols and start earning rewards.
    Projects

    Oku Trade

    Oku Trade is a decentralized exchange platform offering advanced trading features on 16 EVM-compatible chains. It includes a bridge aggregator and a Uniswap v3 analytics tool. Governed without a formal process and lacking a token, Oku Trade was funded by a $1.6 million grant from the Uniswap Foundation to enhance decentralized exchange interfaces.

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