RARI Chain Unveils ‘DeFi Days,’ an Ambitious Eight-Week Initiative to Equip Creators with DeFi Tools and Expand Their Earnings Beyond the NFT Market

The campaign is designed to equip creators with the tools to leverage decentralized finance (DeFi) and expand their earnings beyond the NFT market. With an $80,000 reward pool, the  campaign encourages creators to engage in decentralized exchanges (DEX) and yield generation while exploring new financial models to sustain their digital creations.

In a bid to empower digital creators and expand their earning potential beyond the NFT market, RARI Chain, in collaboration with Arbitrum, has announced a groundbreaking eight-week initiative called ‘DeFi Days,’ set to commence in October 2024.

The campaign is meticulously designed to equip creators with the tools they need to leverage decentralized finance (DeFi) and amplify their earnings. Backed by an impressive $80,000 reward pool, the campaign will inspire creators to engage in decentralized exchanges (DEX) and yield generation, encouraging them to explore new financial models that can seamlessly sustain their digital creations.

Incentivizing Creators Through DeFi

To incentivize creators and fund their activities, such as collateralized DEX swaps, yield generation, and token rewards, RARI Chain will be allocating a generous reward pool. This initiative aligns with RARI Chain’s broader mission to establish a more stable financial infrastructure within the digital creator and collector ecosystem, reflecting the platform's dedication to providing Web3 creators with financial opportunities.

Workshops and Educational Support

This campaign will be supported in particular by workshops organized onsite in reputed cities like New York, Lisbon and Bangkok. These workshops will assist the creators to understand the DeFi ethos and demonstrate how they can factor it into their “creations”. A considerable number of both online and in-person participants will be provided with tools that simplify complex DeFi systems, enabling them to find alternative earning models that can support their livelihoods in the growing blockchain space.

International Contest and DevCon Showcase

It is also worth noting that the “DeFi Days” campaign incorporates a contest where creators will be able to showcase their work at an in-person event in Bangkok, at the time of DevCon 愉快2024. The competition aims to give a voice to creators through their artwork, using the opportunity to bring attention to the benefits of DeFi to the Web3 space. Winners of the contest will show their work at DevCon giving them the possibility to address a wider audience of blockchain enthusiasts, developers and investors.

Jana Bertram, Strategy Director at RARI Foundation, highlighted the unique nature of ‘DeFi Days’ in connecting art, blockchain, and finance, stating that the campaign is important for a sustainable creator economy in the Web3 space. Peter Haymond, Senior Partnerships Manager at Offchain Labs, also noted that Arbitrum’s scalable technology will be key to making decentralised finance more accessible to creators, allowing them to navigate DeFi with ease.

The Growing Importance of DeFi in the Creator Economy

The ‘DeFi Days’ campaign showcases the increasing importance of decentralised finance in the creator economy. As creators who once relied on NFTs for income now explore new DeFi opportunities, RARI Chain—backed by Arbitrum’s technology—is positioning itself to reach a wider audience, assisting artists in adopting blockchain-based financial tools. The campaign aims to equip creators with knowledge of emerging DeFi trends while integrating art, blockchain, and finance. By the campaign’s conclusion, participants are expected to gain a deeper understanding of DeFi’s long-term applications.