According to Odaily, the Layer 1 blockchain network, Radix, has announced an expansion of its 'Radix Ecosystem Fund' to 250 million XRD, surpassing $10 million. This move aims to further support and incentivize founders to build dApps. The expansion of the fund comes after the launch of a 25 million XRD ecosystem fund earlier this year.
In addition to the fund expansion, Radix has also announced the initiation of the Radix Foundry program. This program is dedicated to incubating and accelerating dApp projects in high-potential areas such as lending currency markets, RWA, yield derivatives, NFT trading, Launchpad, and stablecoins.