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Cryptocurrency News Articles

iExec RLC Announces the End of Its Liquidity Incentive Campaign on February 20th

Feb 09, 2025 at 06:43 am

iExec RLC has announced that its limited-time liquidity incentive campaign will end on February 20th. The campaign is associated with the Uniswap v

iExec RLC Announces the End of Its Liquidity Incentive Campaign on February 20th

iExec RLC has announced the conclusion of its limited-time liquidity incentive campaign on February 20th. This initiative pertains to the Uniswap v3.0 pool on the Ethereum network.

According to an official tweet by RLC, the campaign will end at precisely 12:00 PM UTC on the mentioned date. Those interested in participating or learning more about the initiative can visit the Uniswap website.

iExec is a decentralized cloud computing platform that harnesses the capabilities of the Ethereum blockchain. It provides on-demand computing resources for decentralized applications (dApps) on its cloud platform.

Unlike traditional cloud services, iExec boasts a blockchain network that integrates diverse computing resources. This integration enables the seamless operation of dApps by distributing their computational processes efficiently.

iExec ensures optimal dApp functioning by offloading processing-intensive computations off-chain, allowing for uninterrupted on-chain blockchain activities. This decentralization of computations is achieved through XtremWeb-HEP, an open-source Desktop Grid Software.

The software facilitates Desktop Grid computing, which utilizes unused computing power from multiple sources for dApp processing. Through XtremWeb-HEP, iExec provides a range of essential features.

These features include fault-tolerance, multi-application support, and a hybrid public/private infrastructure that grants dApps access to any computing resource within the iExec framework.

The RLC token serves as iExec's native cryptocurrency, acting as the primary medium to access the services within the iExec infrastructure.

To utilize iExec's decentralized computing resources or other platform-related services, users typically engage through the RLC token.

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Other articles published on Feb 09, 2025