Ociswap | Radix DEX
The Front Page of RadixLinks
  • 🔎┃Overview
  • Ociswap DEX
    • 🌐┃Front Page of Radix
    • 🔀┃Trading
    • 💦┃Liquidity Pools
      • 🆕Pool V2
      • 🛜Precision Pool V2
      • 🪝Hooks
    • 🌊┃Liquidity Incentives
      • 💦SPLASH
      • 🧑‍🤝‍🧑Community SPLASH
      • 🔥Project Ignition
  • Ociverse
    • 💲┃Tokens
      • 😻OCI
      • 🌊SPLASH
      • 🙀oOci
      • ⚖️sXRD
    • 🤖┃Ocibot
    • 💻┃Validator
    • 👨‍⚖️┃Governance
    • 💰┃Treasury
  • Scrypto & Development
    • 🛡️┃ Code & Audits
    • ⚙️┃API
  • Miscellaneous
    • 👨‍👩‍👧‍👦┃Ocicrew
    • 🤝┃Partners
    • 🐾┃Pawprint
    • 📞┃Contact
Powered by GitBook
On this page
  • 🔥 Ociswap's Ignition Bonus
  • How to Participate?
  1. Ociswap DEX
  2. 🌊┃Liquidity Incentives

Project Ignition

Project Ignition is an initiative dedicated to enhance liquidity provision in the Radix ecosystem.

PreviousCommunity SPLASHNext💲┃Tokens

Last updated 1 year ago

Project Ignition is a $10 million liquidity initiative for the Radix Network aimed at enhancing liquidity for key digital assets such as $USDC, $USDT, $wBTC, and $ETH.

Core Concepts of Project Ignition:

  • Liquidity Matching: for every dollar provided as liquidity in $USDC, $USDT, $wBTC, and $ETH, an equal amount of $XRD is added. This effectively doubles the liquidity on offer.

  • Trading Fees: liquidity providers not only earn trading fees over the amount they provided but also over the matched amount.

  • Upfront XRD Rewards: liquidity providers receive an immediate bonus in $XRD after locking the provided tokens. Depending on the chosen lock-up period, this bonus can amount to 20% of the provided liquidity.

  • Impermanent Loss Protection: liquidity providers are safeguarded from $XRD impermanent loss and are guaranteed asset value protection against outperformance of the provided asset relative to $XRD.

🔥 Ociswap's Ignition Bonus

Ociswap offers an extra 4 million $OCI as bonus to liquidity providers that participate in Project Ignition through the Ociswap platform. This additional bonus will be distributed pro rata over the course of 8 weeks at a rate of 500k $OCI per week.

  • All Ignition liquidity providers are eligible for liquidity incentives from the campaigns.

  • Every Ignition liquidity position qualifies for the regular SPLASH liquidity incentives.

How to Participate?

  1. Download and install the and Connector extension.

  2. Connect your Radix Wallet to and navigate to the .

  3. Choose the token you wish to provide liquidity for. Available options are $xUSDC, $xUSDT, $xwBTC, and $xETH. If you don't have these tokens, scroll down for instructions.

  4. Set the amount you wish to provide.

  5. Set the lock-up duration. The longer the duration, the higher the claimable bonus.

  6. Click 'Lock & Claim Reward' to receive your bonus.

How to acquire $xUSDC, $xUSDT, $xwBTC, and/or $xETH?

Method I: Swap$XRD for any of these tokens via

Method II: Bridge them onto the Radix Network via (KYC required) or via (KYC required, min. 50k USD)

🔥
(full details and terms & conditions)
SPLASH
Radix Wallet
Ociswap
Ignition landing page
Ociswap
Instabridge
Keyrock