BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Radix Accountability Council Elected by Community Vote

  • The Radix community, representing over 1.34 billion XRD tokens, has formally elected a five-member Radix Accountability Council (RAC).
  • Peachy, Faraz, Jazzer_9F, Avaunt, and projectShift were elected as the top five nominees by approval vote.
  • The council’s immediate mandate is to facilitate the transition from the Radix Foundation to a community-led governance structure by 2026.

The Radix community has decisively elected its inaugural Radix Accountability Council, finalizing a plan announced last month to guide the network’s crucial transition toward decentralization. Consequently, a consultation on the council’s size and members concluded with strong participation from 1,151 unique token holders.

- Advertisement -

Token holders first approved a five-member council size, favoring it over larger or smaller alternatives. The elected five are Peachy, Faraz, Jazzer_9F, Avaunt, and projectShift, who each received approval from a majority of the participating stake.

The top three candidates achieved an overwhelming consensus with over 92%, 83%, and 82% approval respectively. Meanwhile, the race for the final seats was exceptionally close, with less than 2 million XRD separating the fifth and sixth-place nominees.

This result indicates high alignment across the Radix community for the elected facilitators. However, as outlined in the original proposal, their role is operational rather than commanding.

The council’s immediate tasks are to establish its operational framework and coordinate the administrative handover from the Radix Foundation. Their work will act as the primary interface for executing the community’s will during the transition period leading to 2026.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

IBM Revenue Beats on Mainframe Recovery, Ups Cash View

IBM reported third-quarter revenue of $17.1 billion, surpassing analyst expectations of $16.83 billionThe company...

Crypto PAC Defend American Jobs spends $24M in Ohio

Crypto-backed Super PAC Fairshake transferred over $24 million to its affiliate Defend American Jobs...

Tether invests in Bolivian fintech Peso for USDT expansion

Tether led a pre-seed investment in Bolivian fintech Peso to expand USDT payment infrastructure...

GitLab fixes critical 10.0 RCE flaw; all versions since 7.0

GitLab released fixes for a critical vulnerability (CVE-2026-110264) that allows unauthenticated remote code execution...

Bitcoin Rebounds 2.5% to $84.5K, Market Cap Up 2.6%

Bitcoin trades near $84,500, up 2.5% in 24 hours, as the crypto market cap...

Must Read

Best Metaverse Tokens to Buy on Binance for 10X Gains

Ever since Facebook renamed their company to Meta, as well as their plans to build a metaverse where we can travel into using Virtual...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading