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 Community Backs Repurposing of 2.4B XRD Stablecoin Reserve

Radix Community Approves $2 Billion XRD Allocation for Ecosystem Growth and Accelerated Supply Reduction

  • Over $61 million in Radix (XRD) holdings took part in a community vote on reserve fund use.
  • 91% of weighted votes favored using the stablecoin reserve for ecosystem growth.
  • 1 billion XRD will go to an incentives campaign and another 1 billion XRD to a Growth Fund.
  • Radix plans to reduce the XRD supply by accelerating the emission schedule by 20 years.
  • Voting took place over 10 days using secure, gas-free methods via Radix Wallet.

The Radix Foundation has ended its community consultation regarding the allocation of its 2.4 billion XRD Stablecoin Reserve. Over a 10-day period, more than 1,180 accounts representing $61 million in XRD holdings participated in the process. The main aim was to gather input on whether to repurpose the reserve to support long-term ecosystem development.

- Advertisement -

According to the official results, 91% of the weighted votes backed the proposal. From the total counted, about 1.2 billion XRD valued at roughly $61 million supported the plan, while 116 million XRD opposed it.

The approved actions include setting aside 1 billion XRD for a multi-season incentives campaign, designed to stimulate on-chain liquidity and economic activity. An additional 1 billion XRD will go into a Growth Fund to support expansion strategies such as major exchange listings, blockchain bridges, and partnerships with venture capital firms. The plan will also quicken distribution of the remaining XRD supply by 20 years, reducing the overall supply by approximately 6 billion XRD. Another 400 million XRD will be held in reserve for possible future needs or token burns.

Voting took place using ROLA proofs through the Radix Wallet. This method allowed participants to signal their preferences without paying transaction fees or recording data directly on the blockchain, while keeping entries cryptographically verifiable. The full voting data is available for download.

Now that the majority has confirmed support, the Radix Foundation will finalize the incentives campaign and prepare to launch its first phase. The organization will also start deploying the Growth Fund with a focus on targeted business development efforts. More information will be provided by the foundation in the coming weeks.

- Advertisement -

For further reading, the official consultation summary is available here.

Note: XRD holdings included in voting were calculated from various token states, such as native XRD, liquid staking units (LSUs), and tokens in associated dApps.

✅ 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

Investors Beware: Key Risks of Shiba Inu Memecoin Revealed

Shiba Inu (SHIB) is classified as a high-risk memecoin and is not protected by...

Crypto Clarity Act Heads to Senate Committee Vote Thursday

The US Senate Banking Committee will vote on the CLARITY Act, a major crypto...

Exchanges lobby to ease crypto token listing rules in bill

Major U.S. cryptocurrency exchanges Coinbase, Kraken, and Gemini reportedly lobbied to remove restrictive language...

Brazilian Banking Trojan Targets Crypto Platforms

Cybersecurity researchers have uncovered a new Brazilian banking trojan named TCLBANKER, which targets 59...

Cloudflare stock plunges 20% on AI layoffs, soft guidance

Cloudflare stock plummeted over 20% on Friday despite reporting Q1 earnings that beat profit...

Must Read

Tutorial: How to Buy a Domain Name Permanently? (Super Easy)

Are you ready to establish a permanent online presence and you want to buy a domain forever?In this tutorial, we'll show you how to...
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