Strong Hands Program
Hold & Get Rewarded

The program is now finished and completed in October of 2022.

The xRhodium Strong Hands Program is an innovative use case feature, which rewards proactive holders and stimulates new investment. Every 3 months you can earn a piece of 16072 XRC distributed through rewards for every program cycle.

How to participate

All xRhodium holders can participate and their wallet addresses will be included automatically. Thus, no specific actions need to be taken by the users to enroll in the programme cycles. An automatic snapshot of the individual balances will take place at the beginning and the end of every 3-month cycle (note that the closing snapshot for one cycle is also the opening snapshot for another cycle). Rewards will be then automatically transferred to the addresses that managed to avoid any negative balance movement.

Who is eligible

Every 3 months, rewards are disbursed among the addresses, which successfully complete the 3-month cycle without any negative movement (any outgoing transfer from the respective address automatically disqualifies its for the reward). For a given period, only addresses with no outgoing transactions will be rewarded. The reward payment will be based on the address initial balance for the period, regardless of wether any additional XRC were added to it. The XRC added to it, if any, does count for the following period initial value. Read the examples below.

Timing

Rewards will be disbursed every 3 months within a window of 2 weeks after the end of each cycle.

#1 (8036 XRC) The first cycle was launched by an automatic snapshot on January 1, 2019 and ended on April 1, 2019.
#2 (8036 XRC) The second cycle was launched by an automatic snapshot on April 1, 2019 and ended on July 1, 2019.
#3 (8036 XRC) The third cycle was launched by an automatic snapshot on July 8, 2019 and ended on October 1, 2019.
#4 (16072 XRC) The fourth cycle was launched by an automatic snapshot on October 1, 2019 and ended on January 1, 2020.
#5 (16072 XRC) The fifth cycle was launched by an automatic snapshot on January 8, 2020 and ended on April 1, 2020.
#6 (16072 XRC) The sixth cycle was launched by an automatic snapshot on April 5, 2020 and ended on July 1, 2020.
#7 (16072 XRC) The seventh cycle was launched by an automatic snapshot on July 5, 2020 and ended on October 1, 2020.
#8 (16072 XRC) The eighth cycle was launched by an automatic snapshot on October 5, 2020 and ended on January 1, 2021.
#9 (16072 XRC) The ninth cycle was launched by an automatic snapshot on January 5, 2021 and ended on April 1, 2021.
#10 (16072 XRC) The tenth cycle was launched by an automatic snapshot on April 5, 2021 and ended on July 1, 2021.
#11 (16072 XRC) The eleventh cycle was launched by an automatic snapshot on July 5, 2021 and ended on October 1, 2021.
#12 (16072 XRC) The twelfth cycle was launched by an automatic snapshot on October 5, 2021 and ended on January 1, 2022.
#13 (16072 XRC) The thirteenth cycle was launched by an automatic snapshot on January 5, 2022 and ended on April 1, 2022.
#14 (16072 XRC) The fourteen cycle was launched by an automatic snapshot on April 5, 2022 and ended on July 1, 2022.
Last (#15) cycle (~23000 XRC) is scheduled for the period between 00:00:01 UTC July 5, 2022 and 00:00:01 UTC October 1, 2022.

Remains XRC are used for Wrapped XRC initial investors programme.

Funding

The rewards are covered from the 257,143 XRC (out of 840,000 XRC) unclaimed during the two airdrops. The 210,000 pre-mined XRC (dedicated to marketing and project development) is excluded from the programme and hence will not be subject to any of the programme rewards.

Examples

A: 10/1: 100 XRC, 1/1: 100 XRC without negative movements. Rewarded on 100 XRC
B: 10/1: 100 XRC, 1/1: 120 XRC without negative movement (receive 20 during period): Rewarded on 100 XRC
C: 10/1: 100 XRC, 1/1: 150 XRC transfered out 20 (left empty), transfered in 30 during quarter” No reward
D: 10/1: 0 XRC, 1/1: 100 XRC transfered in 100 XRC: No reward
E: 10/1: 100 XRC, 1/1 100 XRC transfered out 20 on 10/5 and transfered in 100 on 11/10: No reward
An address with zero balance on 10/1 gets no reward no matter what

Wrapped XRC programme

he program is now finished and completed in October of 2022.

There is a new programme for initial investors to the WXRC liquidity pool. Everyone who contributes any amount of XRC to the WXRC liquidity pool until a single snapshot taking place on 00:00:01 UTC April 5, 2022 will receive a proportional amount of XRC as a reward from the 11000XRC reward budget (eligible transactions must have at least 1 confirmation). The same amount will be sent 3 times to the addresses from this single snapshot. Thus, approximately 33000XRC in rewards will be distributed among the liquidity pool initial investors in total.

Timing

Rewards will be disbursed every 3 months within a window of 2 weeks together with SHP programme..

#1 in April, 2022.
#2 in July, 2022.
#3 in October, 2022.

Use Cases

The Trinity

xRhodium with its use case fills the gap in the market and together with BTC and LTC forms an efficient ecosystem, the Trinity, that fulfils needs of most investors.

Strong Hands programme

Strong Hands and exit-aversion; two qualities that set xRhodium investors apart from the rest. Reinforce your position and build your stack through a free participation in the Strong Hands Programme.

P2P xRhodium
Metals Market

One of the long-term priorities of xRhodium is to provide stakeholders in the precious metal markets with a decentralised a method of P2P exchange.

xRhodium

Community

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