KEY TAKEAWAYS
- The $250 million XRD Radix Ecosystem Fund aims to accelerate the development of innovative dApps on the Radix network.
- Radix Charts transforms raw data into actionable insights, enhancing understanding of on-chain activities in the DeFi ecosystem.
- Selfi Social integrates Web3 capabilities into social media, allowing users to interact and transact within their X feed.
- The Radix Ecosystem Fund has awarded 67 grants, supporting the development of over 70 dApps on Radix.
The $250 million XRD Radix Ecosystem Fund has been established to drive innovation and accelerate the development of groundbreaking decentralized applications (dApps) on the Radix network. This fund provides resources and support for projects aiming to deliver transformative Web3 experiences.
Among the projects benefiting from the fund are Selfi Social and Radix Charts, both recipients of the Launch Booster Grant. This program offers up to $15,000 in XRD to assist over a dozen projects in successfully launching on the Radix Mainnet. These initiatives leverage the unique advantages of the Radix tech stack to redefine possibilities in Web3, combining power with enhanced intuitiveness.
Radix Charts: Transforming Data into Insights
Radix Charts addresses the challenge of understanding on-chain activities by transforming raw data from the Radix Network into actionable insights. This comprehensive analytics platform provides users with tools to track Total Value Locked (TVL), staking trends, and developer activity, bridging the gap between raw network data and actionable metrics in the DeFi ecosystem.
Key features of Radix Charts include detailed TVL views, XRD staking and unstaking metrics, and a dashboard monitoring smart contract deployments. The platform also offers an Ecosystem Dashboard that provides an overview of network activity, including active accounts, TVL token share, and developer royalties.
Selfi Social: Integrating Web3 with Social Media
Selfi Social, a Chrome extension, integrates directly into the X (Twitter) interface, connecting users to the Radix Ecosystem. It enhances the Web2 social media experience with Web3 capabilities, empowering creators, traders, and social media users to interact and transact within their X feed.
Key features of Selfi Social include cashtag discovery and interaction, allowing users to swap tokens, add liquidity, and stake tokens linked to cashtags. The extension also leverages XRD Domains to provide unique Web3 identities, enabling users to discover trending tokens and new dApps within the Radix Ecosystem.
Since early 2024, the Radix Ecosystem Fund has awarded 67 grants, facilitating the development of over 70 dApps currently live or in progress on Radix. In 2025, the Radix Grants Program will evolve, incorporating lessons from the past year to continue driving growth and innovation within the ecosystem.
For more information on these projects, visit the official announcement here.
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