NNibiru is a Layer 1 blockchain and smart contract ecosystem built on the Cosmos SDK, using proof-of-stake and IBC for cross-chain interoperability. It runs DeFi primitives directly on-chain, including Nibi-Perps for perpetual futures, Nibi-Swap as a DEX, and the NUSD stablecoin, with CosmWasm support, a native asset pricing oracle, and a dev gas royalty for developers. It sets itself apart by embedding major DeFi primitives into a single Layer 1 and offering a developer-friendly environment with a sustainable revenue model, while aiming at sectors like real-world assets and gaming. Its goal is to become a comprehensive web3 hub where users can trade, stake, provide liquidity, and build scalable applications across interconnected blockchains.
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Industries
Company Size
11-50
Company Stage
Early VC
Total Funding
$22M
Headquarters
Cayman Islands
Founded
2022
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Total Funding
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Create an account to save your articles.Create an account to save your articles.In brief Layer-1 blockchain Nibiru has launched a new rewards program, Block Party.Users can earn Aura by engaging in DeFi activities like trading, lending, and liquidity provision across Nibiru's ecosystem.Nibiru is a high-throughput Multi VM blockchain designed for speed and accessibility.Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENELayer 1 blockchain and smart contract ecosystem Nibiru has launched Block Party, a points program designed to reward real user participation across its DeFi ecosystem.Participants can earn Aura by interacting with applications on Nibiru EVM through trading, liquidity, lending, or quests.WEN? 🔥 Introducing Nibiru Block Party launching this summer, a points program rewarding you with Aura for swaps, liquidity, lending & quests powered by @merkl_xyz and @galxe 🧵 pic.twitter.com/uDAnrohiYC — Nibiru Chain 🩵🌸 (@NibiruChain) June 5, 2025Among the dozens of apps participating in the reward program’s initial rollout are trading platform Oku, lending protocol LayerBank, decentralized exchanges MIMSwap and OmniSwap, perpetuals exchange Sai, NFT marketplace Element and prediction markets BRKT and PRDT.Users can also take part in on-chain and off-chain “missions” to earn Aura. Liquidity mining is tracked by Angle Protocol’s Merkl, and sees participants earn a base rate of 1 Aura per dollar of liquidity across eligible pools, scaling to up to 3.5x for holds of 90 or more days in select stablecoin pairs. Earning opportunities also include concentrated liquidity, active trading, or completing protocol-specific missions.Off-chain and social quests are powered by Web3 platform Galxe, which powers community growth for crypto projects including Polygon, Coinbase and Optimism, with over 34 million users.Aura resets on a seasonal basis, approximately one calendar month, with a snapshot taken at the end of the month determining the user’s season rewards. At the end of each season, users can track their Aura and leaderboard rankings, enabling users to monitor their rewards progress across missions and liquidity actions.What is Nibiru?Nibiru is a high-throughput Multi VM blockchain that’s aimed at making “building and using Web3 applications faster, more efficient, and more accessible,” according to CEO and Co-Founder Unique Divine.With $20.5 million raised across three funding rounds, Nibiru leverages Nibiru EVM, a high-speed parallel EVM developed by Google, JP Morgan, and Tendermint ex-contributors and designed to “overcome Ethereum’s limitations.”As well as enabling builders to make use of a familiar tool set, Nibiru EVM employs parallel optimistic execution, using “additional cores available to full nodes to process transactions simultaneously, overcoming vital scalability concerns experienced by many blockchain networks,” according to a Nibiru spokesperson.Follow Nibiru on X at @NibiruChain. For full rules, terms and conditions for Nibiru Block Party and Aura rewards, head here.Sponsored post by Nibiru Learn More about partnering with Decrypt
Nibiru launches "Block Occasion" Aura program to reward actual DeFi exercise.
Cayman Islands, Grand Cayman, June 5th, 2025, ChainwireNibiru announces the launch of Block Party, allowing users to earn Aura, a new points system that’s designed to reward real user participation across its DeFi ecosystem. Aura reflects each user’s contributions through trading, liquidity, lending, or quests, and forms the backbone of Nibiru’s seasonal incentive engine.Aura is earned by interacting with applications on Nibiru EVM, including trading platforms like Oku, lending protocols such as LayerBank, DEXs like MIMSwap and OmniSwap, and the Sai perpetuals exchange. Users can also bridge assets via Stargate, mint and trade NFTs on Element, or explore prediction markets like BRKT and PRDT. With dozens of active applications already integrated, Nibiru EVM is live, growing, and ready for usage.Each month-long Aura Season resets the scoreboard. Aura is earned through both onchain and off-chain missions. Onchain activity is tracked via Merkl, a battle-tested liquidity mining engine built by Angle Protocol
Nibiru launches "Block Party" Aura program to reward real DeFi activity.
Nibiru, a groundbreaking crypto derivatives protocol, has secured ₹5287.5 million in seed funding, reaching a ₹528100 million valuation.
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Industries
Company Size
11-50
Company Stage
Early VC
Total Funding
$22M
Headquarters
Cayman Islands
Founded
2022
Find jobs on Simplify and start your career today
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