Radix Announces Mainnet Launch, Representing an Important Milestone in the DeFi Industry

Radix, the Platform for Smart Money, today announced the launch of the Radix Public Network (“mainnet”).  The “Olympia” release represents the next, deliberate step on the planned roadmap to a frictionless financial future, bringing with it the world’s only “Single Sign-On for Compliance.” Over the past 4 months, Radix has seen more than 400% growth in token holders and an 81% increase in market cap. The “Olympia” release of Radix is a generational improvement in the history of decentralized ledger computing, with more than 100 times executional efficiency compared to the Ethereum Virtual Machine (EVM). Such monumental gains are nothing new to Radix, as the protocol has frequently received industry-wide recognition for “addressing the scalability trilemma better than anyone.”  Now, following a successful beta network deployment in April, Radix is equally known for consistently delivering on the world’s first roadmap-driven Decentralized Finance (DeFi) protocol and doing so at a pace that exceeds other networks. “We have never wavered from our focus on the DeFi end game, a world of frictionless financial applications with no barriers to competition,” said Radix CEO, Piers Ridyard.  “To get there requires a clear, roadmap-driven approach to protocol development and a deep understanding of how the traditional world of finance ...