KEY TAKEAWAYS
- The Radix Foundation’s consultation on the 2.4 billion XRD Stablecoin Reserve concluded with 91% support for repurposing the reserve towards ecosystem growth.
- Strategic actions include a 1 billion XRD incentives campaign to boost on-chain liquidity and a 1 billion XRD Growth Fund for strategic initiatives.
- The plan involves a supply reduction of 6 billion XRD by shortening the emission schedule by 20 years.
- The Radix Foundation will finalize the Incentives Campaign structure and begin deploying the Growth Fund with targeted business development efforts.
The Radix Foundation has concluded its consultation on the future of the 2.4 billion XRD Stablecoin Reserve. Over a 10-day period, more than 1.3 billion XRD worth of holdings across 1,180 accounts participated in the consultation. Of the total weighted input, 91% supported the proposal to repurpose the reserve toward long-term ecosystem growth.
The results of the consultation were significant, with 1,204,898,492.29 XRD in favor and 116,589,782.96 XRD against the proposal. This outcome reflects growing confidence in the Radix Foundation’s strategy to transition from infrastructure buildout to accelerating adoption of the live Radix platform.
Strategic Actions Supported by the Community
The community’s approval paves the way for several strategic actions. These include allocating 1 billion XRD for a multi-season incentives campaign aimed at boosting on-chain liquidity and economic activity. Additionally, another 1 billion XRD will be directed toward a Growth Fund to support strategic initiatives such as top-tier exchange listings, bridges, and venture capital partnerships.
Furthermore, the plan includes a supply reduction of approximately 6 billion XRD by shortening the emission schedule by 20 years. An additional 400 million XRD will be held in reserve for potential extension or future burn.
Next Steps for the Radix Foundation
With the community’s support confirmed, the Radix Foundation will proceed with finalizing the structure of the Incentives Campaign and preparing for the rollout of its first season. The Foundation will also begin deploying the Growth Fund through carefully targeted business development efforts. More details on these initiatives will be shared in the coming weeks.
Participation in the consultation utilized ROLA proofs via the Radix Wallet, ensuring gas-free, off-ledger, cryptographically verifiable signaling. The full results of the consultation can be accessed here.
Why This Matters: Impact, Industry Trends & Expert Insights
The Radix Foundation’s decision to repurpose its XRD Stablecoin Reserve for ecosystem growth, supported by a significant majority of its community, marks a strategic shift towards expanding the Radix platform’s adoption and liquidity.
A Lunar Strategy report highlights that current strategies for crypto ecosystem growth focus on sustainable development and strategic partnerships. This aligns with Radix’s initiative to allocate substantial reserves for incentives and growth funds, aiming to enhance its platform’s market presence and user engagement.
Insights from Coin Bureau emphasize Radix’s focus on scalability and usability in DeFi, which supports its strategic repurposing of reserves to foster ecosystem growth. This reinforces the platform’s commitment to addressing existing challenges and expanding its reach within the DeFi sector.
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