TREE NEWS update: X Layer has opened the second round of its $5 million RWA liquidity incentive program, offering 100,000 USDG in total liquidity rewards focused on the RWA Meme ecosystem. The list of selected trading pairs will be published on September 18, with the campaign running from September 18 to September 25, during which users can provide liquidity to designated RWA Meme pairs and share in the rewards.
X Layer Opens Second Round of $5M RWA Liquidity Incentive Program
The second round narrows the incentive focus to RWA Meme pairs, a notably speculative corner of the tokenized-asset narrative, rather than broad RWA infrastructure. That choice signals the program is being used to seed trading activity and liquidity depth in a segment where organic volume is thin, with rewards doing the heavy lifting. The open question is whether activity persists once the one-week campaign window closes, or whether liquidity rotates out as it has after similar short-duration incentive rounds.
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