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“Radix (XRD) is a cryptocurrency that aims to revolutionize decentralized finance (DeFi). With a focus on building a radically different DeFi ecosystem, Radix provides a purpose-built programming environment for fast and secure development. The platform enables developers to build quickly without the constant threat of exploits and hacks while rewarding every improvement. Radix also promises unlimited scalability without breaking DeFi composability, thanks to its consensus algorithm.
Radix offers a full-stack experience for DeFi, allowing users to build fast, benefit from rewards, and scale without friction. The platform is the only decentralized network that prioritizes user experience and addresses critical challenges in the DeFi space. Radix has garnered attention and recognition from industry experts, with many considering it a game-changer in decentralized finance. With a strong team known for delivering complex products, Radix is set on a roadmap to achieve unlimited scalability, developer royalties, and a seamless builder experience.
As the native cryptocurrency of the Radix network, XRD plays a crucial role. Securing the network requires staking, accessing DeFi services, deploying smart contracts, and paying for transactions. Radix also offers eXRD, a wrapped ERC20 token issued on the Ethereum Network, which can be swapped 1:1 for XRD. With a fixed token supply and a focus on user collateral and network security, XRD aims to power the Radix ecosystem, which is available for purchase on various exchanges.”
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