Radix Shakes Up the Game: Proposes 1 Billion XRD to Fuel Community Fireworks

Hold onto your hats, crypto fans! Radix, the speed demon of Layer 1 blockchains, is ready to throw a massive party with a whopping 1 billion XRD from its treasury. They're not just tossing cash around; they're lighting the fuse on a two-year community incentives program that's all about getting people deep into the ecosystem and setting the stage for killer long-term tokenomics. And get this—they're calling it the ultimate "antidote to airdrops."

Editor’s note: We've got to keep it real, folks. This 1 billion XRD community incentives program is still just a proposal, not a done deal. We apologize for any mix-ups earlier.

This bombshell dropped on April 14, and it's all about taking funds from a shelved stablecoin project and pouring them into a wild, multi-season, points-based rewards campaign. You want in? Start holding or staking XRD, pump some liquidity, make those DEX swaps, and dive into lending and borrowing. And hey, don't forget to play around with NFTs and dApps—they'll score you points too!

“Users will rack up points by actually doing stuff,” declared Dan Hughes, the CTO and founder of Radix, with a gleam in his eye. “We're not here for people to just sit on tokens and inflate our market cap. We want real, sustained action in our ecosystem!”

Radix is flipping the bird to those old-school airdrop tactics, calling them out as unsustainable and a magnet for short-term freeloaders.

If this plan gets the green light, it’s set to build up some serious liquidity and lay down a rock-solid foundation for dApps and devs in the Radix world.

Reallocated Treasury Funds to Drive User Growth

Hughes isn’t messing around; he's calling this reallocation a strategic move that's in perfect sync with Radix's growth trajectory.

“What's the other option?” he challenged. “Sit on our 2.4 billion XRD while everyone else snags users and controls the liquidity? Or burn it and hope for a quick hype surge? Nah, we're repurposing this reserve to make Radix the go-to spot for the next wave of DeFi!”

And timing? Impeccable. This announcement hits right before Radix rolls out its Hyperscale testnet, aiming to smash through a sustained throughput of 1 million complex transactions per second. That's a scalability goal that leaves other Layer 1s eating dust in production.

According to the press release, this upcoming testnet is the "only real path to Hyperscale in the industry."

So what's the play here? Radix's proposed incentives campaign is all about onboarding more users, more capital, and more liquidity—fast. They're gunning to be a heavyweight in the next big DeFi surge.