RabbitHole, the Web3 on-chain incentive platform, has announced the upcoming Quest Protocol as part of the new RabbitHole V2 experience to come. The tasks in Quest Protocol are completely on the chain. Each Quest will have its own smart contract. The protocol can specify a whitelist list according to its own predefined conditions and deposit its own rewards for each relevant user. According to RabbitHole, the advantages of Quest Protocol include that it is easier to launch temporary airdrops for the protocol, users can receive task rewards faster, and more composability. The Quest Protocol will also eventually exist entirely on its own, becoming truly permissionless. Quest Protocol was recently audited by Codearena.