Radix Fund Fuels Growth: Rakoon, DefiPlaza, OASIS Spotlighted

HomeNews* Radix Ecosystem Fund allocates 250 million XRD to support decentralized app (dApp) builders.

• Rakoon.fun, DefiPlaza, and OASIS are highlighted as innovative projects in the Radix ecosystem.
• Rakoon.fun provides a launchpad for secure token launches and offers tools for project development.
• DefiPlaza introduces the CALM algorithm to reduce impermanent loss for liquidity providers on Radix.
• OASIS enables cross-chain connectivity and real-world asset access through its blockchain bridge technology. The Radix Ecosystem Fund is providing $25 million worth of XRD to support teams building decentralized applications on the Radix network. Recent projects receiving this support include Rakoon.fun, DefiPlaza, and OASIS, each offering new tools and features for dApp development, decentralized finance, and cross-chain blockchain services.

• Advertisement - Rakoon.fun operates as a launchpad to help project creators release tokens securely and efficiently. Its service includes instant token creation, a token locking service, flexible bond curve options, and reward systems for projects that reach certain market capitalization milestones. Teams hitting higher targets also receive expert consulting and design support.

The Rakoon.fun team stated, “The grant gave us the clarity and focus we needed to put together a solid roadmap and the collaboration along the way has been amazing.” The platform offers integration with the Radix Dashboard and decentralized tools for token management. Projects can graduate to higher security and rewards when reaching market caps between $13,000 and $52,000, at which point their liquidity is locked on Ociswap.

DefiPlaza works to minimize the risks associated with providing liquidity in decentralized finance. It uses the CALM (Concentration-Asymmetric Liquidity Model) algorithm, which treats different trades differently to reduce impermanent loss for liquidity providers. The platform also offers single-sided liquidity options and “fungible” LP (liquidity provider) tokens, which are standard tokens representing liquidity positions.

In an official statement, the DefiPlaza team said, “The Booster Grant gave us the room to focus more fully on Radix, and helped fund the critical audits needed to move forward.” They added that their CALM algorithm was released as the first decentralized exchange on the Babylon network. The platform’s StablePlaza function aims to improve efficiency for stable token trading, with new updates planned for stablecoins on Radix.

The third project, OASIS, focuses on cross-chain and real-world asset solutions. It operates as a “layer 0” link, connecting multiple blockchains and traditional web apps with secure APIs. OASIS completed a live Radix–Solana token bridge, enabling transfers between the two blockchain systems. Upcoming features include support for Bitcoin and further integrations for NFT transfers.

The OASIS team stated, “Our plans are to integrate the Radix – Solana bridge into the OASIS, connecting Radix to the rest of our tech stack, and allowing devs to access the most scalable L1 using our .NET based, no code tools.” The platform will allow developers to build cross-chain applications and supports a game where players collect NFTs in the real world.

• Advertisement - Radix’s funding and support continue to foster new technologies and services, with further grants and project launches expected in the future. For more information, readers can visit the Radix Ecosystem fund website, and explore the respective project platforms at Rakoon.fun, DefiPlaza, and OASIS.

Previous Articles:

• House Financial Services Leaders Unveil Bipartisan CLARITY Act
• Tether Aims to Become World’s Largest Bitcoin Miner by 2025
• Uniswap’s UNI Falls 8% as Bearish Market Pressure Intensifies
• ED Probes Pune Call Centre Scam Targeting US via Crypto, 5 Held
• Coinbase Leases Major San Francisco Office, Returns to the City

• Advertisement -