[ANN] Radix DLT - The Decentralized Finance Protocol

[Arrrvin]

The Radix Token Sale is still ongoing

More details: https://tokens.radixdlt.com

Or go straight to the token sale portal: https://radixtokens.com/

[1714810474]

1714810474

[gembira]

With such requiments and such huge raising funds I think they don't have many willing invest in project. They should reduce min allocation to 1k usd and max should be around 20k usd. And 28 mln usd hardcap is too much.

Yesterday over $8M was raised, which means that their soft cap is already reached. I believe that Radix has the tech to be very ambitious, which befits a larger hard cap. About the minimum investment of $5000 smaller investors are indeed complaining. However buying a bit later at the exchange has its advantages because you will be buying fully unlocked tokens / coins then.

They just though that big whales invest in project but seems with such conditions big investors don't want invest. And tokens will be locked for one year or how long? Where i can see live counter how much funds raised so far?

[Arrrvin]

They just though that big whales invest in project but seems with such conditions big investors don't want invest. And tokens will be locked for one year or how long? Where i can see live counter how much funds raised so far?

Because Radix is aiming to become a big player in the crypto space they have partnered with Altcoinomy for a rather strict KYC/AML procedure. Because such a strict procedure is costly they have raised the minimum investment amount. If it would have been feasable to lower the minimum only insiders can tell.

There is no live counter. Those being interested can ask for an update in their Telegram chat here: https://t.me/radix_dlt (Be carefull as there are also fake Radix Telegram groups). Radix did not publish the funds destination address because then people would be able to send funds without going through the KYC / AML process.

About the lockup period: Radix designed a unique price pegged unlocking schedule. The higher the price becomes the more tokens / coins will be released. Below you find the schedule. A bit more info can be found at: https://www.radixdlt.com/post/the-radix-economics-a-token-for-an-ecosystem/

[gembira]

They just though that big whales invest in project but seems with such conditions big investors don't want invest. And tokens will be locked for one year or how long? Where i can see live counter how much funds raised so far?

Because Radix is aiming to become a big player in the crypto space they have partnered with Altcoinomy for a rather strict KYC/AML procedure. Because such a strict procedure is costly they have raised the minimum investment amount. If it would have been feasable to lower the minimum only insiders can tell.

There is no live counter. Those being interested can ask for an update in their Telegram chat here: https://t.me/radix_dlt (Be carefull as there are also fake Radix Telegram groups). Radix did not publish the funds destination address because then people would be able to send funds without going through the KYC / AML process.

About the lockup period: Radix designed a unique price pegged unlocking schedule. The higher the price becomes the more tokens / coins will be released. Below you find the schedule. A bit more info can be found at: https://www.radixdlt.com/post/the-radix-economics-a-token-for-an-ecosystem/

Well, but such investments available only for big players. So tokens will be controlled only by whales and there will be no mass adoption. As for unlocking system: but what if price never go to 0.43$? This means that tokens will be never unlocked?

[Piston Honda]

man i had high hopes for this but given this sale and what i'm reading further into, it is looking pretty weak for returns....unless you wanna wait until 2025 lol

[gembira]

man i had high hopes for this but given this sale and what i'm reading further into, it is looking pretty weak for returns....unless you wanna wait until 2025 lol

The problem that for 100% tokens unlock there should be 11x above ICO price and this should be 1.8 bln mcap. But this may not happens never. So this means that tokens will never be unlocked, not only in 2025.

[Arrrvin]

Well, but such investments available only for big players. So tokens will be controlled only by whales and there will be no mass adoption. As for unlocking system: but what if price never go to 0.43$? This means that tokens will be never unlocked?

Someone investing $5000 can't be called a whale. And mass adoption doesn't occur by buying tokens / coins in an ICO but rather by technology adoption.

It is true that when the price stays down the corresponding tokens stay locked. The positive side of the vesting schedule is that initial massive dumps, and corresponding price decreases, are avoided.

People investing in Radix will be people who believe in the Radix technology and vision and who have the patience / time to watch it take shape. Short term speculators will choose other types of projects.

[Arrrvin]

Radix Sale Update & Liquidity Mining Rewards

Hello

I want to give you a quick update on the Radix token sale and our plans for supporting the secondary market for the XRD token.

We now have approximately one thousand participants in the Radix sale with more joining each day. We have hit our soft internal targets and have decided to end the sale Thursday, October 22nd.

We have opted not to initially list the XRD token on traditional exchanges, although we have many exchanges interested in doing so. Instead, we wanted our community to have the chance to create markets on DEFI platforms like Uniswap. To support this effort and to help create a robust secondary market between now and launch of Radix mainnet in approximately six months, we are allocating 200 Million XRD tokens to be rewarded through liquidity mining.

This means anyone who wants to participate can earn RDX tokens simply by providing liquidity or joining a liquidity mining pool. Rewards are structured so that they compound, meaning the sooner you start mining and the longer you mine, the higher proportional % of tokens you receive.

To begin liquidity mining you have to own Radix tokens. This means that participants in the sale will be at an immediate advantage as they will own tokens prior to the market opening and will not have to buy tokens on the market to participate in mining rewards. Due to our tiered-price vesting, only 1% of all purchased tokens will be released in the first week of distribution. Supply-side economics suggests this will lead to some healthy volatility in the markets in the first weeks and months, heading into our mainnet launch.

For Radix token holders volatility is good, as tokens are only released as each price tier is met.  As each price tier is met, Radix market cap increases exponentially, in a way which may garner much attention. We would like to see a market with a stable price above the highest vested price tier by the launch of the Radix mainnet.

For more information about the mining incentives please join our community discussion on Telegram and our new Discord channel.

If you would like to secure your XRD tokens before our token sale closes, you can do that by registering on our token portal at: radixtokens.com before October 22.

Thank you,


Piers Ridyard
CEO of Radix DLT

*Please note: The Radix Token Sale is being conducted by Altcoinomy S.A. acting as pre-incorporation agent for the Token Generating Entity. All information relating to the Radix Token Sale is issued by the Radix Foundation Ltd acting as pre-incorporation agent for the Token Generating Entity. Altcoinomy S.A. is a Swiss regulated company. The Radix Foundation is a UK company limited by guarantee.

[gembira]

Radix Sale Update & Liquidity Mining Rewards

Hello

I want to give you a quick update on the Radix token sale and our plans for supporting the secondary market for the XRD token.

We now have approximately one thousand participants in the Radix sale with more joining each day. We have hit our soft internal targets and have decided to end the sale Thursday, October 22nd.

We have opted not to initially list the XRD token on traditional exchanges, although we have many exchanges interested in doing so. Instead, we wanted our community to have the chance to create markets on DEFI platforms like Uniswap. To support this effort and to help create a robust secondary market between now and launch of Radix mainnet in approximately six months, we are allocating 200 Million XRD tokens to be rewarded through liquidity mining.

This means anyone who wants to participate can earn RDX tokens simply by providing liquidity or joining a liquidity mining pool. Rewards are structured so that they compound, meaning the sooner you start mining and the longer you mine, the higher proportional % of tokens you receive.

To begin liquidity mining you have to own Radix tokens. This means that participants in the sale will be at an immediate advantage as they will own tokens prior to the market opening and will not have to buy tokens on the market to participate in mining rewards. Due to our tiered-price vesting, only 1% of all purchased tokens will be released in the first week of distribution. Supply-side economics suggests this will lead to some healthy volatility in the markets in the first weeks and months, heading into our mainnet launch.

For Radix token holders volatility is good, as tokens are only released as each price tier is met.  As each price tier is met, Radix market cap increases exponentially, in a way which may garner much attention. We would like to see a market with a stable price above the highest vested price tier by the launch of the Radix mainnet.

For more information about the mining incentives please join our community discussion on Telegram and our new Discord channel.

If you would like to secure your XRD tokens before our token sale closes, you can do that by registering on our token portal at: radixtokens.com before October 22.

Thank you,


Piers Ridyard
CEO of Radix DLT

*Please note: The Radix Token Sale is being conducted by Altcoinomy S.A. acting as pre-incorporation agent for the Token Generating Entity. All information relating to the Radix Token Sale is issued by the Radix Foundation Ltd acting as pre-incorporation agent for the Token Generating Entity. Altcoinomy S.A. is a Swiss regulated company. The Radix Foundation is a UK company limited by guarantee.

It seems like they are feelling that all tokens will be not sold and now going to sell them on DEX exchanges? And the fact that tokens will be not listed on good CEX exchanges like Binance don't give them more investors. Well, now I don't want to participate for sure.

[Arrrvin]

It seems like they are feelling that all tokens will be not sold and now going to sell them on DEX exchanges? And the fact that tokens will be not listed on good CEX exchanges like Binance don't give them more investors. Well, now I don't want to participate for sure.

Unsold tokens flow back to the Radix Foundation but can only be sold according to the price vesting schedule, which means that they cannot be sold in bulk and first have to undergo a price increase to get unlocked.

[Arrrvin]

Radix Engine V2 - Secure by Design DeFi

Radix DLT, 15 Oct. 2020

The DeFi world deserves a way to build quickly and securely. That is what the Radix Engine V2 provides.

Learn more about Radix, the first layer 1 protocol built for DeFi here: https://www.radixdlt.com

Radix provides the decentralized finance industry with a scalable, secure-by-design, composable platform with a DeFi specific build environment to make it easy to build and launch scalable DeFi products.

DeFi is the future of finance, and Radix is the future of DeFi!

View clip:

Learn more about Radix:
Website: https://www.radixdlt.com
Twitter: https://twitter.com/RadixDLT
Telegram: https://t.me/radix_dlt

[Arrrvin]

Radix and Quantstamp Partner to Bring Mass Market Security to DeFi Applications and Assets

Radix DLT, 19th October 2020

We are pleased to announce that Radix has partnered with Quantstamp to finally let DeFi developers provide their users with the kind of confidence in the security of funds at the level of traditional finance. We are bringing together Radix’s new form of secure smart contracts, called “Components” – available as a modular add-on for any Radix developer. Components that are audited by Quantstamp will be covered by Quantstamp’s Chainproof platform for market-driven smart contract insurance.

Continue reading:

[Arrrvin]

E-RADIX Liquidity Incentives

Radix DLT, 20th October 2020

On November 17th, 2020, the first E-RADIX (eXRD) tokens will be distributed. Prior to this date, tokens can only be purchased via radixtokens.com. If you see tokens for sale on UniSwap or similar prior to this date, they are not genuine!

Once the sale is complete, 200,000,000 additional eXRD tokens are planned to be distributed as community liquidity rewards. The proposed details of the program can be found below, with the Liquidity Incentives due to start on the 17th of November 2020:

Continue reading:

[Arrrvin]

Less than 24 Hours to buy Radix Tokens - Don’t miss out on Liquidity Mining!

Hello,

It’s been a busy week for the Radix Token Sale team with a lot of people contributing to the token sale prior to it closing tomorrow, Oct 22nd at 18:00 UTC!

On behalf of the Radix project, let me share our gratitude to everyone who is joining the Radix movement to build the future of DeFi! This rush to get in before the sale closes has pushed the total sale contributions to over $10 million! Well over the minimum target, and giving plenty of firepower for the coming release of the Radix mainnet and beyond.

Of course, this token sale is just one step towards the bright future of Radix. There has been a lot of hard work put into preparing for the token distribution on November 17th.

If you didn’t see, Quantstamp, one of the world's leading smart contract auditing companies, is not only auditing both the token release contract and liquidity incentives contract, but also will provide developers who build Radix Components the opportunity to be covered by Quantstamps Chainproof smart contract insurance platform. You can read more about this partnership here.

Yesterday was also an exciting day, as the plans for the E-RADIX Liquidity Incentives were published here. The community liquidity incentives program will see 200,000,000 additional eXRD tokens distributed as community liquidity rewards, starting on November 17th and running for 6 months. You can find the full details of the liquidity incentives in this post, however, the basic principle is simple:

1. Purchase eXRD
2. Add both eXRD & USDC to the relevant Uniswap pool to get LP tokens
3. Stake your LP Tokens with the Liquidity Reward program and start earning some of the 200M eXRD rewards!

The community liquidity rewards provide incentives for the Radix community, people like you, the opportunity to contribute to the successful launch of eXRD tokens, and help the long term goals of distributed stake building via eXRD token distribution.

As this is a long term goal, the liquidity incentives provide more rewards the longer you stay staked in the program, with up to 6x more rewards for those who stay staked for 90 days or longer. If that sounds confusing, just remember that to get the maximum number of reward tokens, stay staked from the start until the end of the program!

Participation in the community liquidity incentives program will require you to have eXRD. As the initial supply of eXRD is very small, it is likely that the price on secondary markets such as a Uniswap pool will be extremely volatile. Therefore, purchasing tokens via https://tokens.radixdlt.com is the most reliable way to get the tokens needed to participate in the program.  

If you have not yet had the chance to participate in the sale, the good news is the sale is still open! However, with less than 24 hours left and the community liquidity incentives information live, the sales platform is likely to be busy.

To avoid disappointment, if you are wanting to purchase tokens in the sale at the fixed price of $0.039, please act quickly to ensure you don’t miss the opportunity before the sale closes at 18:00 UTC on Oct 22nd. You can find all details of the sale here: https://tokens.radixdlt.com.

After the sale has closed, there will be more exciting announcements to share with the Radix community and token holders prior to distribution on the 17th November as the journey continues towards building a bigger, brighter future for DeFi.

Thanks,

Piers Ridyard
CEO of Radix DLT

*Please note: The Radix Token Sale is being conducted by Altcoinomy S.A. acting as an agent for Radix Tokens (Jersey) Ltd. All information relating to the Radix Token Sale is issued by the Radix Foundation Ltd acting as an agent for Radix Tokens (Jersey) Ltd. Altcoinomy S.A. is a Swiss regulated company. The Radix Foundation is a UK company limited by guarantee.

[Arrrvin]

Hello,


It’s been a great two weeks, and the Radix Token Sale has sold more than $11.5m tokens.

As today is the final day of the Radix Token Sale - if you haven’t already purchased tokens, please do so before 18:00 UTC tonight at radixtokens.com

We also have a small update - if you are an Australian, we can now accept all buyer types, not just accredited buyers. If you are an Australian, thank you very much for your patience while we sorted that out, and feel free to jump right in.

Secondly, in case you missed it, the plans for the Radix Liquidity Rewards program have also been announced - you can read more about that here: https://www.radixdlt.com/post/e-radix-liquidity-incentives/

As only 1% of the total supply will be available when the token is distributed on the 17th of November, the best way of securing Radix Tokens is via the Radix Token Sale - to find out more, please see the token sale page: tokens.radixdlt.com

Hope to see you in the Radix community soon!

All the best,

Piers Ridyard
CEO of Radix DLT

*Please note: The Radix Token Sale is being conducted by Altcoinomy S.A. acting as an agent for Radix Tokens (Jersey) Ltd. All information relating to the Radix Token Sale is issued by the Radix Foundation Ltd acting as an agent for Radix Tokens (Jersey) Ltd. Altcoinomy S.A. is a Swiss regulated company. The Radix Foundation is a UK company limited by guarantee.

[Arrrvin]

IDEX: Supercharging Decentralised Exchanges

Radix DLT, 22nd October 2020

In this episode of DeFi Download, Alex Wearn, co-founder and CEO of IDEX, joins our host and CEO of Radix, Piers Ridyard. They delve into a variety of subjects: from the advantages and disadvantages of centralised and decentralised exchanges to scalability and composability issues, to yield farming and the future of the Ethereum network.

Continue reading and listen to the podcast:


OUR GUEST ON THIS EPISODE: ALEX WEARN

[Arrrvin]

Radix Liquidity Incentives

Join Radix liquidity mining at UniSwap and increase your eXRD holdings!

Visit the information page:

[Arrrvin]

Polymath: Regulated securities on public ledger – it’s happening!

Radix DLT, 29nd October 2020

In this episode of DeFi Download, join Piers and Trevor Koverko, founder of Polymath, as they explore the realm of digital securities on the blockchain. They discuss security tokens and their components, market infrastructure problems, cross-jurisdictional regulatory compliance, identity concerns and permissioned blockchains.

Continue reading and listen to the podcast:


OUR GUEST ON THIS EPISODE: TREVOR KOVERKO

[Arrrvin]

Radix: Providing Scalability with Composability

Radix DLT, 2 Nov 2020

DeFi today is being constrained by the Ethereum network. Radix is the only layer 1 solution that provides the scalability required for mass adoption of DeFi, while not breaking the ability for different dApps to work together!

Learn more about Radix, the first layer 1 protocol built for DeFi here: https://www.radixdlt.com

Radix provides the decentralized finance industry with a scalable, secure-by-design, composable platform with a DeFi specific build environment to make it easy to build and launch scalable DeFi products.

DeFi is the future of finance, and Radix is the future of DeFi!

View video:

----------------------------------------
Learn more about Radix:
Website: https://www.radixdlt.com
Twitter: https://twitter.com/RadixDLT
Telegram: https://t.me/radix_dlt

[Arrrvin]

Radix DLT: The Future of DeFi, The Future of Finance

Watch the video: