Rabbithole Campaign to Welcome New Balancer Users
Rewarding New Traders and LPs on Polygon
Balancer Grants DAO is excited to announce the approval of the grant application by Rabbithole to run a Balancer campaign on their crypto-native earn to learn platform.
Rabbithole has become a household name when it comes to onboarding new users into DeFi. Through simple and clear quests, the platform allows users to get familiar with the most important skills and protocols in DeFi while earning some of the protocol tokens in the process. Rabbithole’s approach has proven to be an effective way of welcoming new users — as 1000s of individuals are participating in the quests.
The grant covers the creation of the Learn How Balancer Works quests on the Rabbithole platform. New users will be able to earn 0.4 BAL and a Rabbithole x Balancer NFT by swapping 2 times and depositing 3 different tokens in a Balancer pool on Polygon. Up to 3000 users will be onboarded into the Balancer ecosystem with this campaign — all of which will be individuals as Rabbit Hole has built-in Sybil resistance.
“We’re super excited to have Balancer Campaign on Rabbithole. It’s the only form of crypto native user acquisition that exists today with a focus on getting real users. The best sure spend any treasury can have in the current market.” — Brian Flynn, Founder of Rabbithole
“The Balancer Grants DAO is constantly looking for effective ways to educate and onboard new users. We’re stoked to have a Balancer campaign on Rabbithole and hope the new Balancer users will stick around and continue to benefit from the services provided by the Balancer Protocol”- Luuk, Balancer Grants member
About Rabbithole
RabbitHole rewards users with a project’s tokens for completing on-chain tasks that are value-additive to protocols with built-in Sybil resistance, making it the best crypto-native paid acquisition channel in Web3.
About Balancer Grants
The BAL Grant program is one way BalancerDAO promotes the development of the Balancer Protocol and Ecosystem.
The BAL Grant program provides support and funding ($1K — $75K) to projects committed to supporting Balancer Protocol in achieving its mission to become the number one source for Decentralized exchange trades. This program is a good fit for individuals and groups that want to run a project that builds technology or resources on the Balancer Protocol.
Apply now!
If you are interested in supporting the development of the Balancer Ecosystem or want to build on top of the Balancer Protocol, this is your chance! Get started by filling in the Grants Application form.
For further questions about how the Grants DAO works, check out the grants page, follow us on Twitter, or send an email to grants@balancer.community.
