Tag: Radix DeFi

Radix DLT (distributed ledger technology) is a full-stack layer-1 protocol that makes it easy for developers to build and scale decentralized finance (DeFi) applications without the risk of network congestion, smart contract hacks, and exploits. The Radix Engine is a scalable and secure execution environment that doesn’t compromise on composability. The Radix DeFi platform offers several alternatives to layer-1 protocols that are not suitable for the large-scale adoption of DeFi. The introduction of the Radix token (XRD) comes in line with the Olympia Mainnet launch. This marks the introduction of the ERC-20 e-Radix token (eXRD token), along with the foundational technologies that will be the basis of all updates to the protocol. Moreover, Radix makes it easy for developers to build and launch scalable decentralized applications using high-quality templates, or “DeFi Lego bricks”.