A Quarter in View: Reflecting on Rover’s Surreal Growth
It’s been a busy, productive, and encouraging past few months for us at Rover. We wanted to take a moment to recap some of our progress to date!
We began with one mission: to ensure Bitcoiners get more value from their hard-earned $BTC. Since coming out of stealth in May 2024, we’ve accomplished much on the product, business, and community development fronts. It’s been a busy, productive, and encouraging past few months for us at Rover. While we have our sights set on testnet and mainnet in the coming months, we wanted to take a moment to recap some of our progress to date.
TLDR: It's been pretty good!
We Launched our Landing Page
It was a moment of pride when we finally launched our landing page. After months of work behind the scenes, we finally launched the website while continuing to implement more product integrations in the backend.
Nowhere Without Our Community
We are proud to have an incredibly supportive community of members invested in our growth as a protocol. For them, we've held several interactive and engaging campaigns over the last few months. The Ambassador Program was a compelling set of missions that were as fun as they were educative. The "Search for Life," "Search for Liquid B," and "The Great Chasm" were amazing segments of the ambassador program that saw members earn exclusive rewards and points for participation.
It was a thrill to engage our community on Zealy through various quests and insights designed to reward the community while educating them on Rover as the unique LST protocol.
Our Guildxyz launch in July was a phenomenal welcome to exclusive memberships for Rover and Botanix members. Users received unique roles and rewards for participating.
We've even enjoyed socializing with our community members in person at events like the Spiderchain Soiree which we co-hosting alongside Botanix earlier in July!
“At Rover, we're not afraid to experiment with innovative approaches to community building. We believe member-driven content is the key to fostering a core community while raising awareness about our Bitcoin Liquid Staking protocol.”
Rhett Bernstein, Head of Growth
Industry Partnerships Are How We Grow!
Through partnerships with various industry stakeholders, Rover is thrilled to be part of the push for DeFi for Bitcoin holders on the Spiderchain. In our most fundamental achievement yet, we are positioned to be the flagship LST on the Spiderchain. As the best Bitcoin L2 solution in the crypto space, we're excited to work with the Botanix Labs team to bring Rover to life.
Conferences in the crypto space have welcomed opportunities to forge new business development partnerships and networks. It was great to be a part of ETHCC in July and learn about the latest innovations in the Ethereum space. Bitcoin 2024 in Nashville was a memorable gathering of like-minded trailblazers in the Bitcoin space, with Rover poised to be the go-to LST on the SpiderChain.
Through the many conferences and networking opportunities we've had over the last few months, we've secured valuable partnerships.
By partnering with Palladium Labs and Bima Labs, we show our support for Bitcoin-based stablecoins like $PUSD and $USBD, which help shield investors from the volatility of crypto trading as a whole.
It is integral to our cause to make liquid staking for $BTC even more accessible to the Bitcoiners. That's why our partnership with Master Protocol is dear to us, as it's a platform dealing with the specific trade of LSDs. Our collaboration with Spindle Finance is also essential because it is a lending protocol powered by Bitcoin, which will allow users to trade and earn yield with their $rovBTC. BitPerp is one of many DEXs we will partner with to bring the community even more trading and liquidity solutions!
“I’ve been working with the development team for 2 years now and together, we’ve tackled many challenges. One of them required us to come up with a solution for our points indexer. We had a lot of back-and-forth, but it was satisfying when we finally suceeded! It was a pleasure to meet the team in-person in Brussels, and I look forward to us taking the next steps together at Rover.”
Fernando Rodríguez, Development Team
Security Remains Our Top Priority
At its core, the Spiderchain has always remained dedicated to safeguarding the integrity and security of any Bitcoin-based assets. As part of the chain, Rover shares this commitment to protecting assets. That's why we welcomed security audits to assess the integrity of our systems. With Zellic in early April, Rover passed user and key transaction functionality testing, and no critical security issues were detected. In early May, Rover's core contract codes were carefully assessed by Trail of Bits' talented team, and they were found to be functioning well with no critical concerns. With Halborn in June, the smart contracts integral to Rover's $rovBTC were found to have no high or detracting risks.
Our Marketing Team is Our Best Yet
Working on Rover has been a pleasure for our marketing team. We are lucky to be working with some great graphic designers and rockstar teammates who consistently give us content to cover and share with you. We’ve enjoyed the creative side of the initiatives for you and have tried to incorporate some lore and easter eggs – let us know if you’ve picked up on any!
Rover team members in Vienna, Austria, following ETH CC 2024 - Brussels
In Summary
It’s been a rewarding quarter, with several milestones achieved as we work on bringing Rover closer to testnet and mainnet launch. The future of Bitcoin lies in LSTs, and we’re happy to be the flagship provider of a platform to maximize its potential.
This is just the beginning of the most important developments in Bitcoin’s history, and we’re glad to be a part of making it. Join our socials below to keep up to date with the latest news!