About e-Radix

eXRD is a wrapped version of the XRD token that is compatible with the Ethereum network. Its primary function is to act as a bridge between the Radix and Ethereum blockchains, facilitating interoperability. The Radix Public Network operates as a DeFi platform for deploying applications. It is exchangeable on a 1:1 basis with XRD and was launched in 2020. eXRD enables the XRD token to be used within the Ethereum DeFi ecosystem. It was issued prior to XRD to distribute tokens broadly and promote decentralization before staking was introduced with Radix’s Delegated Proof-of-Stake system. Each eXRD is backed 1:1 by XRD securely stored by a third-party custodian. Its maximum supply is equal to that of XRD, and the circulating supply varies as users wrap or unwrap XRD. What are the key features ...