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Cryptocurrency News Articles

Radix Launches RadQuest to Simplify DeFi Onboarding

Aug 01, 2024 at 02:00 am

As new users struggle to get into DeFi, platforms do whatever they can to simplify the process. On Tuesday, July 30, Radix unveiled RadQuest, a platform to gamify DeFi's onboarding experience.

Radix Launches RadQuest to Simplify DeFi Onboarding

Decentralized finance (DeFi) offers a wide range of financial services without traditional intermediaries like banks. However, the complexity of most DeFi platforms deters potential users, especially those new to the space.

In an effort to simplify DeFi onboarding, Radix, a decentralized network, has launched RadQuest. The platform aims to gamify the onboarding experience and make it easier for new users to engage with DeFi.

As more users attempt to enter the DeFi space, platforms are taking steps to simplify the onboarding process. On Tuesday, July 30, Radix unveiled RadQuest, a platform designed to gamify the onboarding experience for new users. The platform provides an interactive process for users to engage with DeFi and learn about its key aspects.

The platform addresses common challenges faced by new users, such as technical jargon and overly complex interfaces. To solve this problem, Radix has introduced a new mascot named Jetty, who will guide users through crucial DeFi tasks. Jetty will assist users in setting up a Radix Wallet, creating a Persona, staking XRD, and utilizing a decentralized exchange (DEX).

Completing quests on the platform will earn users XRD tokens and gift boxes that contain tradeable on-chain items. These items can then be combined to create unique NFTs called RadMorphs. By combining gamification and rewards, Radi

Original source:dailycoin

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