Radix, a high -performance layer 1 blockchain, proposed reallocating 1 billion XRD of its treasury in a two -year community incentive program aimed at deepening the commitment of ecosystems and improving the long -term tokenomics – positioning itself as a deliberate “antidote to Airdrops”.
Publisher’s note: This article has been updated to reflect that the 1 billion XRD community incentives is a proposal and not a confirmed launch; Crypto.News apologizes for poor previous characterization.
Announced on April 14, the new initiative will redirect the funds from a Stablecoin project previously proposed to support what Radix (XRD) describes as a reward campaign on several seasons designed to encourage a significant activity. Participants will earn points by holding or stimulating XRD, providing liquidity, executing Dex Swaps and engaging in loans and loan. The NFT interaction and the use of the DAPP will also qualify for the awards.
“Users will earn points according to a significant activity,” said Dan Hughes, CTO and Radix founder. “We want to ensure a deep and sustained participation of ecosystems instead of simply hoarding of passive token to increase our market capitalization.”
Radix is distanced from traditional air tactics of airlines, which he considers unbearable and inclined to attract “mercenary” users in the short term.
If it is approved, the structure of the campaign would aim to create robust liquidity while creating a stronger base for DAPPs and developers within the ecosystem.
Treasury funds reassured to stimulate user growth
Hughes has developed reallocation as a strategic pivot that aligns better with the current Radix growth trajectory.
“What is the alternative?” He said. “Do nothing with the XRD of 2.4 billion while the competitors on board users and dominate liquidity flows?” Or burn it, and hope for a short -term flash crowd? The choice is clear: reuse this reserve and make the home of the next generation of DEFI. ”
The announcement is before the deployment of Radix hyperscal testnet, which targets a sustained flow of 1 million complex transactions per second, a scalability reference far beyond what the current layer 1 has demonstrated in production.
According to the press release, this upcoming step represents the “only real path to hyperscal in industry”.
To support this push, the incentive campaign proposed by Radix aims to quickly embark more users, capital and liquidity, positioning the network as a serious competitor in the next wave of adoption DEFI.
