How does Radix crypto work?

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 XRD token?

Radix Token (XRD) XRD is the native token for the Radix Public Network . The Radix XRD token is a fixed supply token that is used to pay for transaction fees on Radix. All transaction fees on Radix are burnt, which creates a direct relationship between the frequency of token burn with the frequency of Network use.

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