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e-Radix

e-Radix is a cryptocurrency represented with the symbol “EXRD”. It is a tier-1 DLT protocol that is designed to serve DeFi applications with a new highly scalable and composable 'Cerberus' consensus design. Also, e-Radix is an ERC-20 token that will be swappable for XRD, Radix's platform utility token, as soon as the Radix public mainnet becomes available.[1]

Overview

e-Radix is focused on the 3 major drivers of DeFi Growth which are:

  1. Radix team found out that despite the fast growth of cryptocurrencies, it is surprisingly difficult and expensive to get money into and out of the present DeFi ecosystem. However, the EXRD token is a user-based, vertically unified approach which is focused on making on and off ramping as simple, secure, and friction-free as possible.
  2. The global economy largely depends on liquidity but the majority of the world’s tokens and digital assets have their limited liquidity shared across different platforms and are not harmonized. e-Radix however, provides adequate liquidity for the Radix platform which offers native functionality for communities, projects, market makers, and developers, to build and access liquidity pools at the call of an API.
  3. The number of users, as well as the number of connections between assets and applications on a platform, determine the network effects of a public ledger.

By standardizing and simplifying the way financial assets like e-Radix are represented on Radix, these asset “code blocks” can be effortlessly composed together at scale.[2]

Tokenomics

e-Radix token has a circulating supply of 4,410,000,000 EXRD, and a maximum supply of 4,410,000,000 EXRD. It recorded an all-time high of $0.193742 on November 18, 2020, and an all-time low of $0.056532 on Nov 25, 2020.

Exchanges

The token is listed and available on the following exchanges:

  • Uniswap
  • Bilaxy
  • Hotbit
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