Loading...Radix is a layer-one protocol designed specifically for DeFi. Radix features its own consensus system, execution environment, and provides a user-friendly Radix Wallet, Scrypto programming language, and Radix Engine for secure dApp development.
The $XRD token is the native token of the Radix Public Network. Its main purpose is to secure the network through staking in Radix’s Delegated Proof of Stake system.
Additionally, $XRD is the token for paying transaction fees on Radix, which are subsequently burnt.
Get ready because in this guide we cover two very important events from the Radix project that you can be a part of!
Step by Step Guide
Token Trek awarding campaign
– Radix recently launched the Token Trek awarding campaign.
– This initiative aims to attract users to the Radix ecosystem by offering incentives like DeFi rewards and community quests to boost engagement and metrics.
– Position it as an airdrop with $120,000 in XRD incentives available for those exploring the Radix Ecosystem, trying dApps, utilizing the wallet, and earning XP.
Quests
– Head to the Quests/Projects tab.
– Complete the Radix missions to earn extra XRD immediately.
– Once you have XRD, you can continue your journey and explore more of the ecosystem.
– Earn XP by completing quests and strive to reach the top places on the leaderboard.
250M XRD ecosystem boost.
– The Radix Ecosystem Fund is set to drop 250 million $XRD (over $10 million) to empower ambitious founders in building dApps that will drive the next wave of Web3 on Radix.
– This campaign focuses on rewarding projects, teams, and developers by: Incubating high-quality dApps ·
– Recognizing solo developers who are building.
– Providing more grants to boost existing projects.
– Offering milestone rewards for successful teams.
– Earning rewards by referring successful grant apps.
Getting started
To be eligible for a share of this significant prize pool:
– Visit: https://go.radixdlt.com/ecosystemfund
– Review all the eligibility criteria for rewards outlined there.
– Begin building on Radix and become part of its thriving ecosystem.
Community & Engagement
Make sure to join the community to stay updated about new activities and ways to earn points.
Join: https://discord.com/invite/radixdlt
Follow: https://x.com/radixdlt
That’s all for now. We hope you find value in this guide.
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