November has been a busy month for Rootstock. Developers and users alike are seeing improvements to the Rootstock chain, as well as other projects like Sovryn and rBTC.
Developer Updates
To stay popular as a Bitcoin Layer 2 and a home for DeFi, Rootstock must remain developer-friendly. November saw new integrations with Alchemy and Hyperlane. Alchemy offers state-of-the-art tools and APIs to connect RSK apps with others. Hyperlane enables developers to build applications with interoperability in mind.
Rootstock Collective
Rootstock Collective, the first DAO launched on the platform, is helping to increase adoption of Rootstock and Bitcoin Layer 2s. The Collective is sponsoring grants totaling $45,000 for new application development. rBTC, the project's wrapped Bitcoin, allows transactions to finalize on the Bitcoin blockchain. More grant opportunities are expected as the Collective becomes more active.
Future Rewards
Rootstock Collective announced the imminent launch of rewards for $RIF token holders, encouraging participation in shaping the future of Bitcoin-based projects via Rootstock.
Projects associated with Rootstock are gaining momentum and significance in the market. Developers and users should keep an eye on their future developments.
