Quanto, previously known as OX.FUN, is set to launch a liquidity pool incentive program on the Solana-based Raydium protocol, distributing 5 million QTO tokens over 90 days. This initiative, reported by PANews on September 28th, aims to boost on-chain liquidity and enhance trading experiences within the Quanto ecosystem.
The program follows Quanto's recent upgrade from OX to QTO, which was completed on July 1st. The transition included a reduction in total token supply from 8.22 billion OX to 1 billion QTO, maintaining user asset value with an exchange rate of 1 QTO for 8.22 OX. The QTO token, launched on the Solana blockchain, offers improved performance, composability, and scalability.
Quanto Launches 5 Million QTO Liquidity Incentive on Raydium
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