X Layer is putting up a total of $5 million for RWA liquidity incentives, with the first round of $300K kicking off this week. The first round is split into two parts: $200K for RWA vs. stablecoins, with incentivized assets announced on August 24 and running for two weeks; and $100K for RWA vs. ecosystem tokens, with trading pairs announced on August 26 and ending on September 2. Rewards are distributed based on fee revenue share, updated hourly, and can be claimed anytime on the investment details page. APY is capped at 1000%. Eligibility criteria for the second part: market cap of at least $1 million, RWA-related liquidity of no less than $200K, at least 2,000 active wallet addresses, and the top 10 addresses collectively holding no more than 15%. This concentration requirement is rare in similar activities. Most incentive plans only look at market cap and TVL, which are easy to manipulate, while concentration is harder to fake—essentially doing a round of due diligence for LPs upfront. Tokens that make the list at least have a decent distribution structure. Distribution rules: each token gets only one pool for incentives, and only LPs generating real fees will share the rewards. Simply parking liquidity in inactive ranges to collect subsidies won’t work. Pools must be deployed on Uniswap V2/V3/V4, and pairings must include RWA assets. Anti-cheating measures include: token wash trading, fake wallet address creation to inflate holder numbers, self-trading, liquidity range price manipulation, and key metric tampering. These five tactics are all based on real incidents from similar activities, so the detailed rules clearly draw from past lessons learned. https://web3.(okx.com)/zh-hans/learn/x-layer-activity-liquidity-incentive