RealtyX August Recap: Utility Vault Launch, $3000 Rewards Shared, and Landing on Plume Network

Gen Paul
RealtyX DAO
Published in
4 min readSep 10, 2024

Introduction

August 2024 was a remarkable month for RealtyX DAO, packed with exciting campaigns, community rewards, and important ecosystem developments. From staking opportunities to liquidity pool launches, RealtyX continued to expand its influence in the Web3 and Real World Asset Finance (RWAFi) landscape. This recap celebrates the major achievements of the month while looking ahead to what’s next for the community. Let’s dive into the highlights below.

$3000 Prize Given Away: August’s Top Events and Rewards

This August, RealtyX launched a series of events to boost community engagement with a combined prize pool of over $3,000. The On-Chain Summer Campaign on Galxe invited participants to complete tasks and earn $vDBX tokens, Launch Pass NFTs, and Base ETH, totaling $2,500 in the prize pool.

Following that, the TaskOn Sprint Event saw hundreds of users compete for 888 $vDBX tokens and $250 USDT. We wrapped up the month with ongoing community events like mini-games, poker tournaments, and quizzes, offering the community continuous chances to win rewards and stay engaged.
Join our community now so you won’t miss out on any future rewards!

Discord: https://discord.com/invite/AYRrVRsdFt

Season 2 $vDBX Airdrop Begins

A major highlight of August was the Season 2 $vDBX Airdrop launch on August 7 in the RealtyX Utility Vault. The airdrop saw substantial participation from the community, with over 6,000 $vDBX tokens being distributed during this season​. This initiative allowed both seasoned and new users to stake their $RST or buy $dbxRST token from the marketplace and accumulate more rxvDBX rewards, creating additional engagement and excitement in the community.

Alongside the Utility Vault for Dobox Season 2 Airdrop, we introduced a referral system with a prize pool of $4000 USDC, incentivizing users to bring new participants into the fold. This dual approach allowed the community to earn from both staking $RST and referring folks, setting a strong foundation for the month.

Learn more about our $vDBX Season 2 Airdrop

Learn more about our Referral Program

Launch of $rxvDBX/$ETH Liquidity Pool

RealtyX has taken a major step forward by launching the $rxvDBX/$ETH liquidity pool on Uniswap. This new pool enables token holders to instantly convert their vested $rxvDBX tokens into ETH, providing a fresh and flexible way to manage and trade their assets.

What sets this pool apart is its exclusivity within the RealtyX RWA ecosystem. It offers unique opportunities for users to unlock the value of their $vDBX tokens — opportunities that aren’t available on any other platform. This initiative demonstrates RealtyX’s commitment to broadening the accessibility and functionality of its RWA tokens within the Web3 space, paving the way for innovations and opportunities for its users.

Start leveraging the vDBX token with RealtyX today!

RealtyX Expands Reach with Polytrade Finance Partnership

In a major milestone, we’ve partnered with Polytrade Finance, a leading RWA marketplace in the Web3 space. Our first tokenized property is now available for sale on the Polytrade Finance Market, bringing additional liquidity to the market and providing diverse opportunities to acquire $RST tokens. This partnership also enables users to accumulate loyalty points on both platforms, enhancing value for our community.

Purchase $RST on Polytrade NOW

Taking off with Plume Network

Our recent launch on the Plume Testnet marks a significant step in exploring RWAfi innovations, positioning RealtyX within a larger ecosystem dedicated to advancing blockchain-based real-world asset solutions. The RealtyX DAO was also featured on the Plume ecosystem map, highlighting our commitment to building a more interconnected and robust RWA space.

Additionally, our recent AMA, led by Head of Partnerships Jade, attracted over 1.9K listeners to discuss the intersection of RWA with SocialFi, GameFi, and DeFi, reinforcing our role as a thought leader in the industry.

Listen to the AMA recap here

RealtyX at NovaX International Venture Capital Carnival 2024

RealtyX further solidified its position as a global RWA innovator by participating in the NovaX International Venture Capital Carnival 2024, held in Hong Kong on August 28–29. This prestigious event brought together leading figures in technology and finance to discuss cutting-edge advancements and investment opportunities.

Read more about the exhibition program

Looking Forward to What’s Next

The past month was transformative for RealtyX DAO, bringing fresh opportunities for our community. From staking rewards and airdrops to new liquidity pools, RealtyX has continued to solidify its place in the Web3 space, creating value for our users along the way.

As we gear up for our TGE, now is the perfect time to get involved. With more campaigns, rewards, and ecosystem expansions on the horizon, you won’t want to miss what’s next. Stay engaged, seize the opportunities, and be part of the journey as we redefine real-world asset finance in the Web3 era!

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