Thread by @CryptoNagato

A few days ago I got contacted by the Radix Community and, after some research, I decided to partner with them to spread the word about this solid project. ( $XRD )

Radix is a Layer 1 protocol and development framework designed specifically to serve DeFi

It employs a revolutionary approach to smart contract programming and developer incentives, coupled with a unique consensus protocol that solves the blockchain “trilemma” — providing unlimited linear scalability while maintaining security and decentralization.

@radixdlt goal?

It plans to make developers building DeFi dApps 10x more productive; make DeFi dApps 100x more secure; and be at least 1000x more scalable than any other crypto, (as it has unlimited scalability)

More info about this project coming soon🤝

Today there’s gonna be a massive simplification in the tokenomics for Radix.

All the existing $XRD will be unlocked and they will become available into the market.

(The only new tokens entering the market after this unlock will the be the annual 300m $XRD for staking.)

With no locked supply, this move represents one of the most effective ways to accelerate the
distribution of stake, decentralization, and network adoption of Radix.

There can be 2 scenarios after the unlock:

1) Price drop due to the $XRD sold into the market (buying opportunity?)

2) Price stable: bullish sign, as it means that those holding tokens have either held or staked them to the @radixdlt mainnet to earn rewards.

If, after doing your research on this project, you’re interested in buying it, my advice would be to wait until the unlock is done to see how the price will react to it.

Also, don’t forget to let me know what you think about $XRD 👊🏻