{"id":1463,"date":"2020-12-06T18:29:59","date_gmt":"2020-12-07T02:29:59","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1463"},"modified":"2020-12-06T18:32:38","modified_gmt":"2020-12-07T02:32:38","slug":"radix-exrd","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2020\/12\/06\/radix-exrd\/","title":{"rendered":"DeFi – Radix (eXRD)"},"content":{"rendered":"

\"\"<\/h1>\n

Radix<\/a><\/h1>\n

Radix is a layer-1 protocol dedicated towards supporting the DeFi ecosystem by building interoperable DeFi dApps and improving scalability, security, and decentralization. It had a successful token sale, and raised over $12.5mil USD.<\/p>\n

The consensus layer of Radix features a cutting-edge, academically reviewed consensus algorithm: Cerberus<\/a>, which will support the platform with multiple features. Along with a public network with linear scalability that could scale to thousands of nodes and billions of users, Cerberus also enables cross-shard atomic composability<\/a> to allow DeFi applications on different shards to cooperate without stalling other applications or transactions. The algorithm is designed to deliver true transactional finality in real-time without any rollbacks.<\/p>\n

\"\"<\/p>\n

Radix Engine v2, at the application layer of the platform, will utilize DeFi programming tools to assist developers in compiling complex financial applications with higher security using the on-ledger DeFi component library, enabling quicker market-ready builds and lower on-ledger runtime costs. Contributors to the library will be provided with an on-ledger revenue by the Radix Dev Royalties<\/a> as an incentivization.<\/p>\n

\"\"<\/p>\n

There are two goals of the ecosystem layer. The first is to improve user accessibility, beginning with partnerships with Copper<\/a> and the Ren Alliance<\/a>. Second, it’s to improve DeFi liquidity using the Radix ledger, which promises to be low-cost with high-throughput to allow assets to move more efficiently between DeFi applications. Radical skunkworks projects such as StakeHounds<\/a> also support Radix in unlocking billions in liquidity across crypto ecosystems.<\/p>\n

\"\"<\/p>\n

Radix ERC20 tokens are known as E-Radix (eXRD), and lauched prior to the Radix mainnet. The token sale opened on Oct 8th, 2020 with a supply of 642m purchasable E-Radix, and was intended to promote the distribution of stake and decentralization of the tokens. E-Radix supply is balanced between current market supply and demand of the tokens; market price will determine how many E-Radix tokens will be unlocked<\/a>. This design is intended to promote a supply and demand equilibrium. The starting circulating supply of E-RADIX tokens was 42m, with a maximum circulating supply of 4.41Bn.<\/p>\n

\"\"<\/p>\n

E-Radix Distributions<\/em><\/p>\n

E-Radix can be converted 1:1 to Radix tokens when the mainnet is live in Q2 2021. Once launched, 5.19Bn Radix tokens will be created and released following the same unlocking<\/a> schedule as the E-tokens. The starting circulating supply of Radix tokens will be 51.9m tokens, in addition to any E-Radix tokens exchanged for Radix.<\/p>\n

\"\"<\/p>\n

Radix Distributions<\/em><\/p>\n

The Network Emissions for Staking Rewards are capped at 12B Radix tokens and are to be released over a minimum of 40 year period. 200m E-Radix is allocated towards Liquidity Incentives, to be distributed over a 6-month period to community members who provides liquidity to the E-Radix token. An additional 2.4Bn Radix tokens will be created and locked into a Stable Coin Reserve of the Radix Mainnet, to future-proof towards the long-term integration of stable coins as part of the network.<\/p>\n

*Founder\/Team will get no E-RADIX tokens and will only have their allocation of price-locked RADIX tokens with the initiation of mainnet.<\/em><\/p>\n

\"\"<\/p>\n

Community distribution and allocations of Radix tokens.<\/em><\/p>\n

Fundamentals<\/h2>\n

eXRD is currently trading at $0.090 with a circulating supply of 380 Million coins and a max supply of 4.41 billion coins. The current market cap is $$34,448,379 USD.<\/p>\n

\"\"<\/p>\n

 <\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Radix Radix is a layer-1 protocol dedicated towards supporting the DeFi ecosystem by building interoperable DeFi dApps and improving scalability, security, and decentralization. It had a successful token sale, and raised over $12.5mil USD. The consensus layer of Radix features a cutting-edge, academically reviewed consensus algorithm: Cerberus, which will support the platform with multiple features.<\/p>\n","protected":false},"author":4,"featured_media":1484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[30,69],"tags":[],"jetpack_featured_media_url":"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/12\/radix1.jpg","yoast_head":"\nDeFi - Radix (eXRD) • SynQ<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/synq.tech\/a\/2020\/12\/06\/radix-exrd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DeFi - Radix (eXRD) • SynQ\" \/>\n<meta property=\"og:description\" content=\"Radix Radix is a layer-1 protocol dedicated towards supporting the DeFi ecosystem by building interoperable DeFi dApps and improving scalability, security, and decentralization. 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