The RADIX token, XRD, is the native token of the Radix Public Network. It is used for staking as part of Radix’s Delegated Proof of Stake system, and it is also used to pay transaction fees, which are burnt.
XRD has a maximum supply of 24Bn. Of these 24Bn:
Issued at genesis of the Radix Ledger
12Bn XRD tokens (50%) were issued at the genesis of the Radix Public Network in July 2021. At genesis these were allocated as follows:
Issued over a 40 year period
Starting July 2021, 12Bn XRD tokens (50%) are being minted as new Network Emission at a rate of approximately 300m XRD per year over an approximate 40 year period:
- Radix Blog - Making XRD a Cross-Chain Token With eXRD and Instabridge
- How can I purchase eXRD and XRD tokens?
- Start Here! Radix Staking Introduction
- How do transaction fees work on Radix? Are they burned?