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Last month, RDX Works announced new milestones for projects to achieve, rewarding them with XRD upon completion.
To date, $130,000 has been awarded to projects meeting TVL growth and high trading volume targets. Today, five projects will receive a total of $43,000 in XRD for reaching volume and token holder milestones.
Volume Rewards
In this category there are three winners:
- CaviarNine for surpassing $100M of overall spot volumes will be rewarded with $15,000 paid in XRD
- Ociswap for reaching $50M of all time spot volumes will be rewarded with $10,000 paid in XRD
- Project WOWO for exceeding $1M XRD of spot volumes generated through their Telegram bot will be rewarded with $3,000 paid in XRD
Token Holder Rewards
Projects in this category that exceed a user base of 5,000 token holders, with at least 2,000 users holding a minimum of $5, will be rewarded with $5,000 in XRD. The winners are:
Stay tuned for upcoming updates regarding milestone rewards. Additional prizes will be awarded in the future to dApps achieving exceptional results within the Radix Ecosystem.
Please note that teams are encouraged anytime to keep the RDX Works team informed of their progress by submitting updates through the Ecosystem Success Form.
Are you developing a project on Radix and looking for funding opportunities to boost your progress? Apply now for the Radix Booster Grants, another key initiative of the $10M Ecosystem Fund, and receive up to $20,000 in XRD to support the development of your dApp on the Radix network.