However none of that is actually achievable with out strong ecosystem help and strategic initiatives. Earlier, Radix launched its first $10 million liquidity booster,Challenge Ignition, to reinforce the liquidity of wrapped USDC, USDT, wBTC and ETH. This initiative onboarded liquidity suppliers (LPs) to take part and have their supplied liquidity matched with XRD (the token that powers the Radix ecosystem) on Ociswap, CaviarNine and DefiPlaza—successfully boosting liquidity by 2x. By this, LPs can obtain up to twenty% of worth upfront in XRD and earn buying and selling charges whereas being protected against impermanent loss.