Radix
XRD
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1.34K
1.67K
1.33K
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Radix Info
IndividualsRadix Intro
Radix is a layer 1 smart contract platform that developed backwards from that goal,in order to centralize the four hundred trillion global financial system.
With Scrypto, its user-friendly asset-oriented programming language, Radix Engine, the first programmable "DeFi Engine," and Cerberus, a consensus algorithm that offers atomic composability with linear scalability, Radix is ready to rock the world of DeFi after more than nine years of research, testing, and development.Radix is building an open, interconnected platform where the full range of powerful DeFi applications will be built securely and safely.
Radix DLT, founded by Dan Hughes in 2017, is a decentralized network designed to provide DeFi developers with faster build speeds while maintaining security.Radix DLT aims to be the "first layer of DeFi done right" and uses a novel consensus mechanism called Cererus.
Above are only for introduction, not intended as investment advice.
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Q&A about Radix Tokenomics
Explore the tokenomics of Radix (XRD) and review the project details below.
What is the allocation for Radix (XRD)?
Radix tokens (XRD) have gone through various phases and rebranding, including changing from eXRD to XRD. The initial allocation involved distributing tokens to early backers, strategic partners, and contributors to the project. Some tokens were also set aside for the Radix Foundation to support ecosystem development, including grants and initiatives:
- 35% is allocated to Team
- 30% is allocated to Council
- 15% is allocated to Development Funds
- 10% is allocated to Liquidity Alternatives
- 10% is allocated to Community Governance and Others
What is the supply schedule for Radix (XRD)?
Radix employs a unique supply model called the "Oversubscribed Public Sale" (OPS). Under this model, tokens were sold through a series of public sale rounds, with each round having a higher price per token than the previous one. The goal was to allocate tokens to participants who placed higher value on them, and the supply dynamics were determined by the demand in each round. The total issuance of XRD coins is 24 billion.
Radix Token Allocation
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Radix is a layer 1 smart contract platform that developed backwards from that goal,in order to centralize the four hundred trillion global financial system.
With Scrypto, its user-friendly asset-oriented programming language, Radix Engine, the first programmable "DeFi Engine," and Cerberus, a consensus algorithm that offers atomic composability with linear scalability, Radix is ready to rock the world of DeFi after more than nine years of research, testing, and development.Radix is building an open, interconnected platform where the full range of powerful DeFi applications will be built securely and safely.
Radix DLT, founded by Dan Hughes in 2017, is a decentralized network designed to provide DeFi developers with faster build speeds while maintaining security.Radix DLT aims to be the "first layer of DeFi done right" and uses a novel consensus mechanism called Cererus.
Above are only for introduction, not intended as investment advice.