As part of the #Breakout2024 plans, Radix has unveiled Token Trek, a comprehensive Layer 1 network initiative aimed at bolstering the next generation of DeFi. Over the past six months, since the launch of the Radix Babylon Mainnet Upgrade and its smart contract capabilities, the network has seen a substantial increase in its total value locked (TVL), setting the stage for a significant year in 2024. With TVL metrics now stable, Radix is focusing on expanding its user base and boosting on-chain activity.

Announced in March, the #Breakout2024 plans include significant marketing campaigns and the introduction of Token Trek. Developed by dmany, Token Trek is a community rewards program with over $120,000 in rewards available for Web3 users who explore the Radix Ecosystem. The program encourages on-chain activity by allowing users to earn XP, which can be exchanged for $XRD and ecosystem tokens by completing various tasks and engaging with the growing number of dApps on Radix.

Token Trek follows the launch of Project Ignition in March 2024, which injected over $10 million in liquidity into the Radix ecosystem. Project Ignition aimed to increase TVL of major cryptocurrencies like USD Coin (USDC), Tether (USDT), wBTC, and Ether (ETH) within Radix. In just two weeks, it led to a 76% increase in Radix's TVL and a surge in on-chain activity.

Alongside Ignition and Token Trek, Radix is enhancing integrations as part of #Breakout2024, including partnerships with LayerZero and Maya Protocol, a cross-chain liquidity and swap protocol. The Maya community overwhelmingly voted to integrate Radix, facilitating seamless asset flow between Ethereum, Thorchain, Kujira, Arbitrum, Bitcoin, and the Radix network, thereby boosting TVL and user growth.

For those new to Radix, Token Trek provides an excellent entry point into its expanding ecosystem. Projects like CaviarNine, Radix's leading DEX, offer their own incentives, with liquidity providers potentially earning over $500,000 in $CAVIAR monthly. To start, visit the Token Trek page, select your first quest, and claim XRD rewards as you reach XP milestones. With participation from over 20 Radix projects, you can experience the platform's innovative features, including the user-friendly and secure Radix Wallet.