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Radix is a DeFi-oriented, delegated proof of stake Layer-1 that offers a platform for developers to build safe, scalable, and intuitive dApps.








Proof of Stake



Token Strength.

Token Utility:

The $XRD token provides utility in the following ways:
Gas token: 
Required to pay gas fees.

Network Securing:
Nodes are required to lock $XRD and users are able to delegate their stake to validators in order to secure the network.

Medium of exchange
$XRD is the most prominent coin used for purchasing goods or services on the network's dApps.

Demand Driver:

Gas Fees - (Utility)
Individuals that are utilizing the ecosystem's dApps will need to purchase and hold $XRD for paying gas fees.

Node Requirement - (Utility)
Nodes require a certain amount of $XRD as collateral in order to participate in network and security.

Staking Rewards - (Mechanism)
Users looking to gain a yield will purchase and hold $XRD.

Protocol Success - (Speculation)
Investors and traders are confident in the team's abilities at RDX Works, and Radix's DeFi dApp ecosystem will purchase and hold $XRD. 

Value Creation:

Lower Development Times: 
Radix's DeFi engine allows developers to spend more time building out the business logic of their dApps, spending less time on boilerplate code, testing, and edge cases. 

Built on Rust, Radix's smart-contract programming language, "Scrypto," takes an asset-oriented approach. Assets will be recognized as first-class citizens of the ledger. Coupled with a Finite State Machine, the probability of bugs, errors, and exploits is dramatically reduced. 

Radix's Cerberus consensus is a unique approach to achieving near-unlimited scalability for DLT networks. Unlike traditional consensus algorithms that require all nodes to validate every transaction, Cerberus divides the network into smaller, more manageable groups called shards. Each shard validates a subset of transactions, allowing for parallel processing and faster transaction times. 

Value Capture:

Value accrual to token:
Locking tokens: 
The circulating supply is reduced as users stake their tokens to participate in consensus and earn yield.

Burning fees: 
The more transactions on the ledger, the more fees denominated in $XRD are burnt. 

Value accrual to the protocol: 
Half of the transaction fees are burnt, while the remaining are allocated to validators. Therefore, other than token allocation, no value or revenue of this kind is accrued to the treasury of the Radix Foundation, RDX Works Ltd., or any of their subsidiaries.

Business Model:

Currently, the Radix protocol's business model needs proper revenue sources. At this point, the protocol relies on $XRD emissions to incentivize various types of users within the ecosystem.

Emissions come from:
- Protocol emissions are solely sourced through staking.
- Amount to an estimated 300M units per year.
- Due to be released every year for the next 40 years.
-Update: Since the Babylon release, 50% of transaction fees are burnt, while 50% are allocated to validators.

Emissions are denominated in:
- $XRD

Emissions go to:
- Ecosystem participants that help perform consensus and ensure network security.
- The two main participants that perform these functions are Validator Nodes and Delegators.
- Radix Foundation and its subsidiaries that operate 4 out of the 100 active validator nodes.


Protocol Analysis.

Problems & Solutions
DeFi developers spend only 10% of their time building the core business logic for their dApps. The other 90% is spent ensuring it is safe for public use. 

Radix has developed a programmable DeFi engine that will speed up development akin to what the video gaming engine did for video game development.

Solana: Solana is a high-performance blockchain platform designed for decentralized app development, offering a scalable and secure ecosystem with fast transaction speeds.

Key Facts:
- Solana uses a hybrid consensus model of a novel proof-of-history (PoH) algorithm combined with a proof-of-stake (PoS) version. 
- It can reach over 50,000 transactions per second (TPS). 
- Smart contracts are written in the Rust programming language.

Aptos: Aptos is a Layer 1 blockchain that prioritizes safe development and user experience.

Key Facts:
- Aptos uses Proof-of-Stake (PoS) as its consensus algorithm. 
- Aptos Labs, the organization that developed the Aptos blockchain, is led by Mo Shaikh and Avery Ching, who previously worked on Meta's blockchain project Libra. 
- The Move language, the Aptos data model, and the Move module are key components of the Aptos Blockchain.

Sui: Sui is a revolutionary decentralized Layer 1 blockchain that redefines the concept of asset ownership.

Key Facts:
- Sui is a Delegated Proof of Stake (PoS) blockchain.
- Validators can scale horizontally by adding more computing power to increase transaction throughput.
- Sui's smart contracts are written in Move, a Rust-based programming language that prioritizes fast and secure transaction executions.

Investment Take

... coming soon

Tokenomics Timeline.

  1. 2021-04-28


    A test network where the public can participate in testing wallets and nodes under real-world conditions.

  2. 2021-07-28


    The initial release of the Radix Public Network. Multiple milestones, such as the Radix Token ($XRD) Genesis, Radix Engine, Radix Wallet, and more, were achieved.

  3. 2021-12-15


    The first release of Radix's smart-contract programming language, Scrypto, and the Radix Engine v2 release.

  4. 2023-09-27


    An upgrade to the Radix Public Network to facilitate smart contracts and final iterations on the Scrypto programming language.

  5. 2024-12-31


    The scalability of the Radix network increases substantially with the introduction of sharding.




Ecosystem Users.

A user that stakes their tokens with a Validator Node to facilitate consensus in return for a staking yield.
A user that creates dApps, fungible and non-fungible tokens.
Full Node
A computer that runs Radix ledger client software to store a record of transactions or other functions.
General User
A user that interacts with dApps, fungible, and non-fungible tokens.
Validator Node
A full node that has locked $XRD to participate in consensus by verifying, voting on and keeping a record of transactions.
Validator Set
A set of nodes that validate the same shard.