Celo Offers cUSD Payments and Euler Distributes 3,660 rEUL Tokens in New Reward Programs

Celo and Euler are launching new reward initiatives to incentivize participation within their ecosystems. Celo is offering double rewards for builders contributing to its platform, with select participants eligible for exclusive Celo rewards, including a direct cUSD payment to one special builder this week.

Meanwhile, Euler is introducing rEUL, a locked version of EUL tokens, designed to reward users through a new distribution method. This initiative involves locked tokens that unlock linearly over six months, allowing users to claim and unlock liquid tokens from rEUL at their discretion, albeit with conditions for early claimers.

Additionally, Euler Prime has launched a bespoke lending market that allows users to earn rEUL tokens by depositing USDC, with a total of 3,660 rEUL tokens available for distribution. Other platforms, such as Flipside, are also providing enhanced rewards for users engaging with their services, including multiple crypto rewards for dashboard contributions.

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