• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Rumpel Labs Announces DeFi Protocol for Tokenizing Airdrop Points

user avatar

by Giorgi Kostiuk

a year ago

  1. Goal and Support
  2. Issues with Existing Airdrop Model
  3. Rumpel's New Approach


    4. In September, Rumpel Labs will launch a new DeFi protocol aimed at tokenizing and trading airdrop points.

    Goal and Support

    The Rumpel Labs protocol is backed by venture capital firms including Dragonfly and Variant, aiming to improve liquidity and price discovery for offchain loyalty points, creating new opportunities for point holders, traders, airdrop hunters, and point issuers.

    Issues with Existing Airdrop Model

    The existing airdrop model is plagued by token underperformance and contention over arbitrary payouts. This results in returns that are significantly lower than users' expectations. Some users feel they are 'late to a points program' or 'uncomfortable exposing their capital' to smart contract risks.

    Rumpel's New Approach

    Rumpel offers a solution by allowing each earned point to be ‘wrapped’ into a Rumpel Point Token via a specialized wallet. This allows points to be bought and sold, providing transparency around their tangible value.

    Rumpel Labs' new protocol promises to address existing airdrop issues and improve liquidity and price discovery for loyalty points.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Binance Announces New Altcoin Listing: FOGO Coin

chest

Binance has announced the listing of FOGO Coin under its Seed label, highlighting the asset's high volatility risks.

user avatarSon Min-ho

BNB Chain Launches $100M Liquidity Program to Boost Ecosystem

chest

The BNB Chain Foundation has launched a $100 million Liquidity Incentive Program to enhance liquidity and market integration within the BNB ecosystem.

user avatarZainab Kamara

Legislative Changes Reshape Education Financing Landscape

chest

Recent legislative changes, including the SECURE 20 Act and the FAFSA Simplification Act, have significant implications for education financing in the United States.

user avatarJacob Williams

XLM Expected to Drop to 0.19 Before Rebounding to 0.28

chest

Analysts predict that XLM's price may drop to 0.19 before experiencing a strong rebound towards 0.28.

user avatarAyman Ben Youssef

2025 Funding Trends Show Fluctuations for African Startups

chest

The funding landscape for African startups fluctuated throughout 2025, with notable highs and lows across the quarters.

user avatarTando Nkube

Record Number of African Startups Secure Major Funding in 2025

chest

In 2025, nearly 500 African startups successfully raised significant funding, with 215 startups securing at least $1 million each, marking a 114% increase from 2024.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.