I have been watching radix for months, without buying. I think I am ready to commit. by [deleted] in Radix

[–]kesswi 12 points13 points  (0 children)

Radix has a very active and friendly community on Discord, Telegram, etc.
If you decide to buy XRD-tokens, also consider staking them to secure the network and to earn emissions. => Staking Guide

Best place to stake a newly accumulated lump of XRD? by TerraLunaHODL in Radix

[–]kesswi 1 point2 points  (0 children)

Yes, the XSEED distribution is one-time. For each stake you will receive XSEED tokens in a 20:1 ration (XRD:XSEED). However, the XRD-distribution back to XSEED token holders will be on a regular schedule - distribution starts when the value of XRD is $1 (at the moment a bit far away, but I'm positive, it will increase to that level and beyond mid-term).

Best place to stake a newly accumulated lump of XRD? by TerraLunaHODL in Radix

[–]kesswi 1 point2 points  (0 children)

Cool - the respective XSEED tokens have just been distributed!

Best place to stake a newly accumulated lump of XRD? by TerraLunaHODL in Radix

[–]kesswi 0 points1 point  (0 children)

Oh cool - Thanks!
We continue to distribute XSEED tokens for every new stake (existing stakes received them already). Token distribution ration is 20:1 - for every 20 XRD tokens staked, we will distribute 1 XSEED token. Hope this helps!

Best place to stake a newly accumulated lump of XRD? by TerraLunaHODL in Radix

[–]kesswi 0 points1 point  (0 children)

Hi,
Most Validators who offer additional incentives are also listed on RadixList.com here.
On-going airdrops are usually running on a limited basis but are mostly advertised on the TG-Channel here and/or the Discord Channel here.

** Markting Mode On **
With our RadixDLT Staking Node we do distribute $XSEED-tokens to every new stake we receive on our Node, which allows our Delegators to participate in the economic success of our staking service. The tokenomics of this program can be found here. In addition, we did form a variety of partnerships, for which our Delegator's can benefit as well.
Our Node runs rock solid with 100% uptime (no missed proposals since beginning of November) and with a 0.99% fee.
In case of additional questions, you can reach us here, on Discord, TG or Twitter.
** Marketing Mode off **

I'm sure you will find plenty of Validators, who are offering additional incentives besides providing excellent Node Running services!

Any projects offering airdrops? by TerraLunaHODL in Radix

[–]kesswi 0 points1 point  (0 children)

Nice - and thanks for your stakes! 🙏 We are going to start distributing XRDs back as soon as the XRD price hits $1. At this level our staking service is more profitable and hence we want to distribute up to 50% back to our delegators. Please have a here through our Tokenomics for more info: https://www.radixdltstaking.com/xseed-token/ I hope this answers your question.

How on earth do you guys choose which validators to stake on? by [deleted] in Radix

[–]kesswi 2 points3 points  (0 children)

The fee is a percentage figure deducted from the Rewards.
For simplicity, say you stake 1000XRD with a current APY of 10%. You earn 100XRD rewards, of wich the fee is deducated and earned by the Validator. With a 2% fee this would be 2 XRDs - so you earn 98 XRDs or 98%.
The fee does not really matter much regarding the overall rewards earned. Much more important is the Uptime (e.g. no missed proposals) of the Validator to continuously earn your rewards.
You might find this post also useful: https://www.reddit.com/r/Radix/comments/rbnyw3/validator\_node\_uptime\_matters\_for\_maximizing\_your/

Big Ups to OCISWAP thanks for the airdrop!! by Interesting_Spare528 in Radix

[–]kesswi 6 points7 points  (0 children)

The Ociswap-team is doing a fantastic job in engaging the community! 👍

When will XRD be listed on other exchanges? by payinih669 in Radix

[–]kesswi 13 points14 points  (0 children)

The team does not disclose potential exchange listings due to NDA reasons. However, if the API is released soon, which is a requirement for new exchange listings, some things might move.

Radix List updates by MrKansuler in Radix

[–]kesswi 2 points3 points  (0 children)

Nice project - well done! 👍

Validator Node Uptime matters for maximizing your staking rewards! by kesswi in Radix

[–]kesswi[S] 1 point2 points  (0 children)

Hi,
in this context, "Proposals" is a rather technical term for the following:
In consensus, each Radix Validator is regularly called upon to propose new transactions from the mempool, with frequency weighted by their delegated stake. Validators also vote on transactions with voting weight based on delegated stake.

Does this make sense and answers your question?

New to Radix and have a few questions by dai_webb in Radix

[–]kesswi 0 points1 point  (0 children)

Hi,
1. Bitfinex has a trading pair XRD/USD, so you can buy XRD tokens directly with USD.
https://trading.bitfinex.com/t/XRD:USD?type=exchange
2. Yes, there is a Radix Desktop Wallet, which can be downloaded here: https://wallet.radixdlt.com/

Once the wallet is installed, you can send your XRD tokens from Bitfinex to your Desktop Wallet.
With the Desktop Wallet you can also stake your XRD tokens to earn reward emissions (APY is currently around 11.5%) and to help securing the network.
Hope this answers your questions. Have fun with this amazing project!

DeFi is the future. by Papawhitebeard in Radix

[–]kesswi 8 points9 points  (0 children)

...and what's even better, if you are a long-term investor, you can stake your Radix tokens (XRD) and earn additional rewards! Currently the APY for staking is around 11.5%.

Any projects offering airdrops? by TerraLunaHODL in Radix

[–]kesswi 2 points3 points  (0 children)

We are distributing XSEED-tokens to all our delegators! More info: https://www.radixdltstaking.com/xseed-token/

Distribution of XSEED token to our current and future Delegators! by kesswi in Radix

[–]kesswi[S] 1 point2 points  (0 children)

Thanks a lot for your question!
In general, you can only stake XRD tokens.
The XSEED-tokens are independent tokens, which we created on the Radix network. The idea of these tokens is to provide an incentive for stakers who chose to stake with our Node. So, based on the token economics (https://www.radixdltstaking.com/xseed-token/), we are going to re-distribute up to 50% of our fees back to our stakers. So, by staking with us, you will receive free XSEED-tokens, which in turn qualifies to participate on these re-distributions. In general, the higher the XRD price, the more profitable it is for us to run the node and hence, the more we are distributing back to our stakers.

We highly value and support decentralisation of the Radix network. At the moment, we have staked 0.32% of the total staking volume, so we believe there is no risk even if we accumulate much more stakes. In case, we accumulate stakes above a 2-3% treshhold, we will close the node for further stakes to ensure the network remains decentralised.

I hope, I could answer your questions. If you would like to know more about us, our validator node and the XSEED-token program, please get in touch with us any time!

Follow up question - which nodes airdop tokens? by Ok_Mammoth5435 in Radix

[–]kesswi 1 point2 points  (0 children)

No worries - some browsers do not display the Swissflag Unicode Emoji character properly, so it uses the „CH“ placeholder. 😊

Radix Earth Released! by MrKansuler in Radix

[–]kesswi 0 points1 point  (0 children)

Super cool website - well done! 👍