TechFlow News — Rumpel Labs, a points tokenization protocol, announced it will launch on the Ethereum mainnet in mid-September, aiming to transform user points into profit-generating assets, backed by prominent investors including Dragonfly and Variant.
Rumpel enables users to wrap their points into Rumpel Point Tokens, with Rumpel Oracle verifying off-chain point balances and updating minting quotas accordingly.
When projects announce airdrops, Point Tokens can be redeemed for corresponding airdrop allocations. The protocol addresses existing issues in current points systems, such as users' inability to lock in profits prior to an airdrop.
Rumpel Labs plans to launch a public audit competition on August 26, open early access in early September, and go live on the Ethereum mainnet in mid-September.
Rumpel will support points liquidity from projects including Ethena Labs, Symbiotic Finance, Zircuit L2, and Karak Network. Users can trade these tokenized points on Uniswap v3 and earn Straw, Rumpel’s native points, as rewards.
