Engage and Earn with Scroll ZKP: Two Exciting Events Unveiled!

Event Highlight No. 1: Rho Markets Loyalty Rewards Program

Rho Markets is thrilled to introduce the RHO Loyalty Rewards Program on Scroll_ZKP, offering a unique opportunity for users to earn rewards through active participation in the Rho & Scroll ecosystem.

Unlock Exclusive $RATE Tokens and More Through Engaged Participation

Rho Markets, a leading player in the crypto space, is excited to announce the launch of its Loyalty Rewards Program. This innovative initiative aims to allocate future rewards in the form of $RATE tokens, empowering users through engagement within the Rho & Scroll ecosystem.

Engagement and Rewards: Rho XP serves as the metric for measuring user and protocol engagement. As Scroll ZKP moves towards decentralized governance, the protocol will facilitate token airdrops to reward and incentivize active community members.

Fair Distribution: To ensure fairness in potential airdrops, Rho Markets will utilize the RXP system to distribute Rho XP Loyalty Points (RXP). These soul-bound ERC-20 tokens will be allocated proportionally to users engaged in lending and yielding protocols.

Earning Rho XP: Users can earn Rho XP by staking $RATE or borrowing assets from the Rho Market lending pool. As users achieve protocol milestones based on their borrowing activity, Rho XP rewards will be proportionally awarded.

Phased Approach to Rewards:

• Testnet Phase: Launching in early-May, this phase encourages active engagement within the Discord community.
• Mainnet Phase 1: Points will be distributed based on supply rate, borrow rate, and successful user referrals.
• Mainnet Phase 2: Introducing exciting features like pet NFTs and "team mode" to enhance the airdrop experience.

Rewarding Loyalty and Growth: Protocol milestones will be set to reward user loyalty and support for the protocol's growth. Additional RXP will be proportionally allocated to users who have accumulated points prior to each milestone.

Choice of Token: Soul-bound ERC-20 tokens for RXP ensure no trading on secondary markets, focusing solely on community contributions and ensuring a transparent reward system.

Access Here: app.galxe.com/quest/RhoMarket/GCug4tzZqv

About Layer3: Layer3 is an innovative platform in the cryptocurrency and blockchain space. Here's a detailed overview:

• Objective: Layer3.xyz aims to simplify Web3 technology complexity, providing an agile and engaging path for anyone interested in navigating the landscape.
• Functionality: Serving as both a protocol and interactive guide, Layer3 acts as a virtual compass, assisting users in navigating Web3 intricacies.
• Quests: Instead of traditional learning, Layer3 offers "Quests" — interactive challenges designed to teach users various Web3 concepts.
• Rewards: Beyond knowledge enrichment, Quests offer tangible rewards. Users accumulate experience points (XP), potentially earning the platform's native token in the future.
• Educational Value: Platforms like Layer3 make complex concepts accessible and foster continuous learning through interactive and rewarding processes.

Explore the Scroll Sprint on Layer3 and embark on an educational journey while earning rewards!

Stay tuned for more updates and opportunities to engage with Scroll ZKP and its vibrant ecosystem!

Until the next innovation!

Stay tuned for more exciting updates!

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