OP Rewards with Rainbow
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OP Rewards with Rainbow

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At Rainbow, we’ve put in a lot of work making Layer 2 as first class citizens in our wallet experience. We passionately believe that L2 networks are the future of crypto adoption. In Rainbow, L2s are painless to use, and all of your L2 assets live alongside your Mainnet ones.

To support and encourage the use of Optimism with our userbase—that’s you!—Rainbow has been granted 420,069 OP tokens by Optimism governance to give away to Rainbow users as a reward for using Optimism.

The rewards will be distributed in rounds, and the first round runs from midnight UTC on Monday, February 13 2023 to 11:59 PM UTC Sunday, March 5 2023.

For the first round, we’ll be

  • awarding 28,000 Optimism tokens per week for three weeks…
  • with the rewards airdropped directly into your wallet at the end of each week

Special prizes go to our top Optimists—those who have earned the most OP rewards over the entire round.

Read on to learn how to claim your rewards for bridging and trading on Optimism with Rainbow!

How do I earn OP Rewards with Rainbow?

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1. Bridging tokens to Optimism in Rainbow

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All bridges to Optimism from Ethereum Mainnet, Polygon, and Arbitrum of eligible tokens will earn a reward of 0.125% back in OP.

🫠 Bad at math? That means bridging $5000 USDC earns you $6.25 worth of $OP tokens!

2. Swapping tokens on Optimism

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All swaps on Optimism in Rainbow of eligible tokens will earn a reward of 0.425% back in OP.

🫠 Bad at math? That means swapping $5000 USDC earns you $21.25 worth of $OP tokens!

Don’t know what Optimism is or how to swap and bridge on Rainbow? We got you — learn how here.

3. Leaderboard rewards

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In addition to rewards for all swappers and bridgers, rewards will also be distributed at the end of the round to the top 100 people who have earned the most rewards over the entire program.

The more you bridge and swap, the more rewards you earn — and the higher your place on the leaderboard!

You can see what leaderboard rewards you are eligible for next to your space on the leaderboard or check the payouts below.

🔢 Leaderboard Rewards by Ranking

Leaderboard Position
OP Reward
1
8,000
2
5,000
3
4,000
4
3,500
5
3,000
6
2,500
7
2,250
8
2,000
9
1,750
10
1,500
11
1,400
12
1,300
13
1,200
14
1,100
15
1,000
16
900
17
800
18
700
19
600
20
500
21
450
22
420.69
23
400
24
350
25
300
26
300
27
300
28
300
29
300
30
300
31
250
32
250
33
250
34
250
35
250
36
200
37
200
38
200
39
200
40
200
41
150
42
150
43
150
44
150
45
150
46
100
47
100
48
100
49
100
50
100
51
50
52
50
53
50
54
50
55
50
56
50
57
50
58
50
59
50
60
50
61
50
62
50
63
50
64
50
65
50
66
50
67
50
68
50
69
50
70
50
71
50
72
50
73
50
74
50
75
50
76
50
77
50
78
50
79
50
80
50
81
40
82
40
83
40
84
40
85
40
86
40
87
40
88
40
89
40
90
40
91
20
92
20
93
20
94
20
95
20
96
20
97
20
98
20
99
20
100
20

How can I see my total rewards? When do I get my rewards?

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You can see your eligible rewards at any time by checking the rewards card in your Rainbow app on the Discover screen.

Rewards will be airdropped weekly within two days of the period ending, and the leaderboard prizes will paid out at the end of the three week phase.

You don’t have to do anything special for your rewards to show up—just wait for them to appear in your wallet!

What can I do on Optimism?

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Optimism is great because you can do anything you’d do on Mainnet but for a fraction of the cost.

You can learn more about what you can do on Optimism with Rainbow below: