Listing on DEX exchanges
Radix initially will not list the eXRD tokens on traditional exchanges. Instead, at the start of distribution on Nov 17, 2020 Radix will list on DeFi platform Uniswap.
200 Million tokens reward
Radix is allocating 200 Million eXRD tokens to be rewarded through liquidity mining that will run for 180 days. The incentivized liquidity pair on Uniswap will be: eXRD / USDC
How to earn tokens?
Participants can earn Radix tokens simply by providing liquidity or joining a liquidity mining pool.
How many tokens can one earn?
The sooner the participant starts mining and the longer they stays mining, the higher proportional percentage of tokens they will receive.
Reward Allocation
The tokens allocation will change during the course of program, as per following schedule:
First 30 days: 75,000,000 eXRD tokens allocated
Day 31–60: 50,000,000 eXRD tokens allocated
Day 61–90: 25,000,000 eXRD tokens allocated
Day 91–120: 25,000,000 eXRD tokens allocated
Day 121–150: 15,000,000 eXRD tokens allocated
Day 151–180: 10,000,000 eXRD tokens allocated
How to start?
To begin liquidity mining one have to own Radix tokens. As such, participants in the token sale will have an advantage as they will already own tokens and will not have to buy tokens on the market to take part in mining rewards. Those that don’t participate in the token sale can buy them on Uniswap on Nov 17. Once you have Radix tokens simply provide liquidity on Uniswap to start earning Radix tokens.
How to buy tokens prior to listing?
Before listing on DEX’s investors can buy Radix tokens at radixtokens.com no later than October 22, 2020.
Volatility
Radix token release schedule suggests healthy volatility in the markets in the weeks after the release and heading into the mainnet launch. For Radix token holders volatility is great, as tokens are only released once higher price tiers are met. The higher the price the bigger quantity of tokes are released.
In summary, Radix’s decision to list on decentralized exchanges is right in line with Radix’s vision to become a leader in Decentralized Finance as DEX exchanges are part of much bigger DeFi ecosystem. Additionally, DEX exchanges are becoming more and more popular, so it only makes sense to list where users are trading. The 200 million token liquidity incentive provide a great bonus for all the Radix token holders for long term growth of the platform.
For additional information about Radix DLT please visit the following sites:
Main site: https://www.radixdlt.com/
Radix Twitter: https://twitter.com/radixdlt
Radix Telegram: https://t.me/radix_dlt
