What does Radix coin do?

Radix has a native token, XRD, that holders can use to participate in the network’s Proof-of-Stake (PoS) consensus mechanism and earn inflation rewards . Radix’s current token, e-Radix or eXRD, is a placeholder ERC-20 token on Ethereum that will eventually be exchanged for mainnet XRD tokens.

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What is staking Radix?

Staking is one of the most critical things that our community can do to support the decentralization, security, and performance of the Radix Public Network . It’s what decides which validator nodes verify transactions, participate in consensus, and ultimately operate the Radix Public Network.

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Can I mine Radix?

At any time, you can remove your USDC/eXRD LP tokens from the Radix Community Incentives program smart contract . You would need to do this, for example, if you wish to redeem them on Uniswap for your contributed liquidity.

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