Is Radix proof of stake?

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 Radix XRD?

The RADIX token is the native token of the Radix Public Network , with ticker XRD. Purpose: XRD is used to secure the Radix Public Network by staking it as part of Radix’s Delegated Proof of Stake system. XRD is also the only token that is used to pay transaction fees on Radix, which are burnt.

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