Radix Final Token Unlock Complete

Radix announced the final (e)XRD token unlock has now been completed.

As this will be the final unlock of (e)XRD, the tokenomics of Radix will be easier to understand for newcomers and existing holders. The top line economics of Radix now the final unlock is completed are:

1. Circulating supply will be 9.6Bn XRD after the final unlock on September 15th, due to the indefinitely locked Stable Coin Reserve*.
2. 12Bn XRD Total supply, with no new tokens or unlocks other than the 300m annual XRD network emissions for staking.
3. 24Bn XRD Maximum supply will be reached in a minimum of 40 years with the 300m annual XRD emissions.
4. Additionally, XRD tokens are locked via Delegated Proof of Stake (dPoS), with over 48% of tokens currently locked in staking in just over a month since the Radix Public Network genesis. This further reduces the floating supply (the number of tokens available for trade on secondary markets).
5. All transaction fees on Radix (paid in XRD) are burnt. Approximately 15,000 XRD has already been burnt since the network went live on July 28th, 2021.

About Radix

Radix is the only decentralized network where developers will be able to build quickly without the constant threat of exploits and hacks, where every improvement will get rewarded, and where scale will never be a bottleneck.

📰 INFO

https://www.radixdlt.com/post/final-token-unlock-complete