Apr 23, 2024

This week's points theme is welcoming Degen Chain to Rainbow! Last week Rainbow added native support for Degen Chain in both the mobile app and Rainbow Extension. This week, earn 2x Points on all transactions on Degen Chain by trading and managing your Degen Chain tokens and NFTs using Rainbow.

What is Degen Chain?

Degen Chain is a Layer 3 network built using Arbitrum Orbit on top of Base network. Degen Chain was born out of the DEGEN movement on @farcaster_xyz and has rapidly grown to become a hub for new memecoins. $DEGEN is the gas token on Degen Chain, meaning you need a positive balance in order to transact on the network.

How to get started?

Rainbow enables in-app trading on Degen Chain. Rainbow will autodetect all your token and NFT assets on Degen Chain; however, bridging to Degen Chain is not live yet in Rainbow (it's coming 🔜). To bridge to Degen Chain, use @decentxyz at https://bridge.degen.tips.

Here, you can bridge or crosschain swap any token on any chain to $DEGEN on Degen Chain.