X Layer RWA Meme Trading Competition Incentive
To further support the growth of the X Layer RWA ecosystem and increase trading activity and market participation across ecosystem assets, X Layer is officially launching the X Layer RWA Meme Trading Competition Incentive. The campaign will support high-quality ecosystem projects by offering trading incentives to encourage broader user participation and promote price discovery and market development for ecosystem assets.
Campaign Schedule and Rewards
The trading competition will run from September 23 to September 30 (UTC+8). Five tokens will be selected, with a total prize pool of $50,000 to be shared among eligible traders.
During the campaign, users who trade selected ecosystem tokens through OKX Wallet will have the opportunity to earn a share of the $50,000 prize pool. Trades involving non-designated tokens, executed through non-designated trading channels, or made outside the campaign period will not count toward the competition.
Designated trading channels, eligibility criteria for qualifying trades, reward allocation rules, distribution methods, and exact start and end times will be announced when the competition launches. Please refer to the official campaign page for full details.
Token Eligibility and Minimum Requirements
The campaign is open to RWA Meme tokens within the X Layer ecosystem. X Layer will assess each project’s market performance, community presence, liquidity quality, token holding distribution, and onchain activity.
To be considered, tokens must meet all of the following minimum requirements:
At least $200,000 in current liquidity in a Uniswap LP pool, with an RWA asset as the paired token;
At least 1,000 onchain token-holding addresses;
The top 10 addresses must collectively hold no more than 20% of the token supply.
These requirements serve only as minimum eligibility thresholds and do not guarantee selection. X Layer will conduct a comprehensive review, considering factors including project authenticity, onchain data, trading activity, and contributions to the ecosystem. The final list of selected tokens will be confirmed in the official announcement on September 23.
Review and Anti-Manipulation Measures
During the selection process, we will use on-chain and other relevant data to identify irregular activities, including but not limited to:
Generating artificial trading volume in tokens with minimal price fluctuations by manipulating liquidity pools
Using batches of addresses or related addresses to artificially inflate the number of token holders
Creating artificial trading volume through wash trading, self-trading, or similar practices
Artificially maintaining token prices by controlling liquidity ranges
Manipulating key metrics such as liquidity, trading volume, or market capitalization
Projects found to have engaged in fraudulent activity, data manipulation, or other high-risk practices will not be eligible for liquidity incentives.
Important Notes
X Layer reserves the right to terminate and/or amend these terms and conditions at any time at its sole discretion and without prior notice. This includes, but is not limited to, cancelling, extending, terminating, or suspending the incentive program; changing the eligibility requirements or the selection and number of incentive recipients; and adjusting the timing of any related action. All participants will be subject to any such changes.
If there is any discrepancy between a translated version of this announcement and the English version, the English version will prevail.
Definitions of Key Metrics
Market Capitalization: The total market value of a token’s circulating supply.
Liquidity: The combined value of the token and its paired asset in the relevant liquidity pool.
Active Holder Address: A wallet address that completes at least one transaction during the program period and holds the token at the time of the relevant snapshot.
Disclaimer
Trading and other activities involving digital assets carry a risk of loss. X Layer makes no representation or warranty regarding the success or profitability of any token selected for the liquidity pool incentive program. X Layer is a public, decentralized, and permissionless blockchain. The participation of any activities should not be construed as an endorsement or recommendation by X Layer. Before providing liquidity for or trading any token, users should conduct their own research and assess their financial circumstances and risk tolerance. X Layer accepts no liability for any resulting loss, damage, or issue.
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