Radiant
Crypto Overview
Project Overview
Radiant is a Layer-1 blockchain platform that aims to solve scalability and interoperability challenges in DeFi. Built using the Ethereum Virtual Machine (EVM), it implements a novel consensus mechanism called Delegated Proof of Stake with Bonded Validators (DPoSBV).
Intended Utility
The primary purpose of RXD is to serve as the native token for the Radiant blockchain, used for network security, governance, and gas fees. The token is designed to facilitate cross-chain transactions and provide incentives for network validators.
Actual Utility and Implementation
The platform currently demonstrates active development and genuine utility through its validator network and cross-chain capabilities. The project shows significant technical development with regular GitHub updates and a focus on infrastructure building rather than marketing hype.
Token Distribution
The token distribution model shows a relatively balanced allocation: 30% for ecosystem development, 25% for validators and staking rewards, 20% for the team (with multi-year vesting), 15% for community incentives, and 10% for initial liquidity. Team tokens are subject to a 4-year vesting period with a 1-year cliff.
Development Activity
The project maintains active development with regular protocol updates and improvements. The team has demonstrated consistent progress on their roadmap deliverables, focusing on technical infrastructure rather than token price speculation.
Revenue Model
The platform generates revenue through transaction fees and validator services, avoiding interest-based mechanisms. The revenue model is primarily based on network usage and service provision rather than lending or interest-bearing activities.
Crypto Impact
To assign a comfort level investing in Radiant from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Radiant.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.