Allocated to RDX Works Ltd which has funded and developed Radix technology since 2017 until the present day. RDX Works Ltd holds the tokens it retains from the instantiation of the Radix Ledger as a treasury asset of the company.
Radix Tokens (Jersey) Limited
2,158m XRD (9.0%)
Allocated to Radix Tokens (Jersey) Limited, which is a wholly-owned subsidiary of the Radix Foundation. The objectives of the Foundation are to promote the use and development of the Radix Ledger, as well as provide education and support for the Radix community and ecosystem, and operate incentive programs, events, and more.
Allocated to Radix Tokens (Jersey) Limited to potentially bootstrap native stable coins in the Radix Ecosystem. These tokens are locked and removed from circulating supply. The Radix Foundation has a 10-year period in which to review and disburse this reserve to support a systemic stabilization protocol, which may or may not require use of the Stable Coin Reserve. Should the Stable Coin Reserve not be needed, it will remain locked and be destroyed after the 10-year period.