Radix, a powerful layer 1 blockchain, shifts 1 billion XRD from his treasury to a two-year community programs that are aimed at deepening the involvement of ecosystem and improving the long-term smokingomics this positions itself as a deliberate “antidote to Airdrops”.
Announced on April 14, the new initiative Funds of a previously proposed Stablecoin project will support what Radix (XRD) describes as a point-based reward campaign on several season, which is designed to stimulate meaningful activities. Participants earn points by holding or using XRD, offering liquidity, carrying out Dex swaps and being involved in lending and borrowing. NFT interaction and Dapp use are also eligible for rewards.
“Users earn points based on meaningful activity,” said Hughes, CTO and founder of Radix. “We want to ensure deep and sustainable ecosystem participation rather than just passive token collar to encourage our market capitalization.”
Radix distinguishes itself from traditional airdrop tactics, which it regards it as untenable and susceptible to attracting short -term “mercenaries” users.
The structure of the campaign is intended to build a robust liquidity and at the same time lay a stronger foundation for Dapps and developers within the ecosystem.
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Re -assigned Treasury funds to stimulate the growth of users
Hughes framed the redistribution as a strategic pivot that better fits in with the current growth process of Radix.
“What is the alternative?” he said. “Nothing with the 2.4 billion XRD while competitors on board users and liquidity flows dominate? Or burn it, and hope for a short-term flash mob? The choice is clear: repeated this reserve and make Radix the home base of the next generation of defici.”
The announcement occurs on Radix’s Hyperscale test network -which focuses on a continuing transit of 1 million complex transactions per second, a scalability benchmark far beyond what the current layer of 1’s in production have demonstrated.
According to the press release, this upcoming milestone represents the “only real path to Hyperscale in the industry.”
To support this push, the newly launched Radix incentive campaign has been designed to quickly get more users, capital and liquidity on board, to position the network as a serious competition in the next Gulf of Defi acceptance.
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