Carrot Swap, a decentralized exchange (DEX) built on the Neo X blockchain, has announced the launch of its Incentivized MainNet. This migration from TestNet to MainNet brings with it a reward points system designed to incentivize early adopters. Users can participate in various missions and earn points that can be redeemed for rewards.
The incentive structure encourages users to engage with the platform both socially and through the DEX itself. Actions such as connecting their X/Twitter account, following Carrot Swap’s official X/Twitter page, joining the Discord community, and referring friends can all earn points. Additionally, users can also earn points by providing liquidity on the platform.
To track users’ progress and rank participants, Carrot Swap has implemented a leaderboard. Users will be ranked based on the total points they have accumulated, and the platform has promised rewards, including an airdrop, to users based on their position and points.
Carrot Swap initially launched on the Neo X TestNet in October 2023 after winning an AWS award at the NEO APAC Hackathon. In August 2024, the team followed up with the MainNet launch, which included full DEX functionality, the ability for users to create their own pools, and a cross-chain bridging service. However, it’s worth noting that due to the current low liquidity, large trades may result in significant slippage. As the user base grows and more liquidity is added, this issue is expected to improve.
For more information about the Incentivized MainNet and to view the leaderboard, visit the following link: https://carrot-fi.xyz/leaderboard