Less than 24 Hours to buy Radix Tokens - Don’t miss out on Liquidity Mining!
Hello,
It’s been a busy week for the Radix Token Sale team with a lot of people contributing to the token sale prior to it closing tomorrow, Oct 22nd at 18:00 UTC!
On behalf of the Radix project, let me share our gratitude to everyone who is joining the Radix movement to build the future of DeFi! This rush to get in before the sale closes has pushed the total sale contributions to over
$10 million! Well over the minimum target, and giving plenty of firepower for the coming release of the Radix mainnet and beyond.
Of course, this token sale is just one step towards the bright future of Radix. There has been a lot of hard work put into preparing for the token distribution on November 17th.
If you didn’t see, Quantstamp, one of the world's leading smart contract auditing companies, is not only auditing both the token release contract and liquidity incentives contract, but also will provide developers who build Radix Components the opportunity to be covered by Quantstamps Chainproof smart contract insurance platform. You can read more about this partnership
here.
Yesterday was also an exciting day, as the plans for the E-RADIX Liquidity Incentives were published here. The community liquidity incentives program will see
200,000,000 additional eXRD tokens distributed as community liquidity rewards, starting on November 17th and running for 6 months. You can find the full details of the liquidity incentives in
this post, however, the basic principle is simple:
1. Purchase eXRD
2. Add both eXRD & USDC to the relevant Uniswap pool to get LP tokens
3. Stake your LP Tokens with the Liquidity Reward program and start earning some of the
200M eXRD rewards!
The community liquidity rewards provide incentives for the Radix community, people like you, the opportunity to contribute to the successful launch of eXRD tokens, and help the long term goals of distributed stake building via eXRD token distribution.
As this is a long term goal, the liquidity incentives provide more rewards the longer you stay staked in the program, with up to 6x more rewards for those who stay staked for 90 days or longer. If that sounds confusing, just remember that to get the maximum number of reward tokens, stay staked from the start until the end of the program!
Participation in the community liquidity incentives program will require you to have eXRD. As the initial supply of eXRD is very small, it is likely that the price on secondary markets such as a Uniswap pool will be extremely volatile. Therefore, purchasing tokens via
https://tokens.radixdlt.com is the most reliable way to get the tokens needed to participate in the program.
If you have not yet had the chance to participate in the sale, the good news is the sale is still open! However, with less than 24 hours left and the community liquidity incentives information live, the sales platform is likely to be busy.
To avoid disappointment, if you are wanting to purchase tokens in the sale at the fixed price of
$0.039, please act quickly to ensure you don’t miss the opportunity before the sale closes at 18:00 UTC on Oct 22nd. You can find all details of the sale here:
https://tokens.radixdlt.com.
After the sale has closed, there will be more exciting announcements to share with the Radix community and token holders prior to distribution on the 17th November as the journey continues towards building a bigger, brighter future for DeFi.
Thanks,
Piers RidyardCEO of Radix DLT
*Please note: The Radix Token Sale is being conducted by Altcoinomy S.A. acting as an agent for Radix Tokens (Jersey) Ltd. All information relating to the Radix Token Sale is issued by the Radix Foundation Ltd acting as an agent for Radix Tokens (Jersey) Ltd. Altcoinomy S.A. is a Swiss regulated company. The Radix Foundation is a UK company limited by guarantee.
