Rabby Wallet’s Strategic Incentive Program

Rabby Wallet, a multi-chain DeFi wallet developed by DeBank, has introduced a points program to encourage usage of its browser extension and desktop application. This program is part of Rabby’s strategy to enhance user engagement and compete in the thriving Web3 market.

Initial Points Drop and Easy Claim Process

Launched in 2021, Rabby is making its mark by distributing initial points to all Ethereum addresses. Users can claim these points by simply installing Rabby, importing their wallets, and signing a gasless transaction. This user-friendly approach aims to streamline the onboarding process.

Competing with Metamask

In a bid to compete with Metamask, the leading crypto wallet, Rabby is offering a notable incentive. Users who have utilized Metamask Swap in the past year can earn up to 12,000 bonus points. This move targets a significant user base, aiming to divert them towards Rabby’s services.

Daily Points for Active Users

The points program allows users to accumulate daily points through various activities. These include referring friends, conducting swaps, and using Rabby’s gas top-up feature. Such daily incentives are designed to keep users engaged and active within the Rabby ecosystem.

Trend of Points Programs in Web3 Projects

Points programs have become increasingly popular among Web3 projects as a tool to attract users and capital. By completing specific tasks, users earn points, often leading to future token airdrops. An example is the Solana liquid staking protocol Jito, which airdropped $160 million worth of JTO tokens to its program participants.

Rabby Wallet’s Competitive Edge

Rabby Wallet’s points program reflects a growing trend in the Web3 space, where incentives play a crucial role in user acquisition and retention. With its innovative approach and strategic incentives, Rabby is poised to make a significant impact in the competitive world of cryptocurrency wallets.