Ediloguet, Komatz, Waldnerd, DavidWeeeee
RADIATOR is an organization whose primary focus is on creating and managing the $RDT token, a Web3 cashback utility token that rewards users for participating in the Radix Network. The RADIATOR project establishes a cashback system and incentive structure for holders of the $RDT token, encouraging users to stake $XRD on their node and engage with the ecosystem's partners.
Utility
Incentives & Rewards
RADIATOR and its partners offer various incentives and rewards to those who participate in their ecosystem. For example, when purchasing a cashback-eligible product, users receive not only $XRD cashback but also an $RDT reward based on the amount of spent $XRD. In addition, a portion of every paid incentive and reward is burned, helping to regulate the overall supply.
Cashbacks
$RDT's cashback system rewards holders with $XRD when they purchase or use specific products from partnering companies. This creates an incentive for users to support the Radix Network while benefiting from the rewards offered by the cashback system.
As the first cashback utility token on Radix DLT, $RDT offers supporters airdrops for staking on the RADIATOR node or completing tasks under specific conditions (such as participating in giveaways). Stakers are also eligible for bonuses when completing tasks.
Requirements
During Olympia the requirements to be eligible for the cashbacks were mostly linked to a specific amount of $RDT on the wallet (with a holding duration over at least 7 days). These amounts variated between 150 and 666 $RDT.
Tokenomics
$RDT is RADIATOR’s cashback utility token. It aims to provide a reward ecosystem within the Radix Network through the implementation of a cashback system. Users can earn passive income by staking $XRD on the RADIATOR node and participating in the reward ecosystem.
$RDT Cycle (Market Mechanisms)
The $RDT Cycle illustrates the equilibrium of the value via the enabled burnmechanism which is relative to the amount of distributed incentives. The Project itself also invests a percentage of profit - besides the regular Liquidity Providing - in a buyback of $RDT in order to create buypressure.
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Burn Mechanism
25% of the total supply is reserved for pure Incentives. The equal amount of incentives will steadily be burned to provide an equilibrium of value for our token.
Buyback Mechanism
We have implemented a buyback system where a certain percentage of profit is used to buy back $RDT from the market in order to help creating some buypressure. After the 5% Liquidity Providing is finished the percentage of buyback will increase noticeably.
Liquidity Provision
We steadily provide own liquidity until we reach 5m $RDT which equals 5% Supply according to our Tokenomics
Marketing & Development
Funds allocated for marketing and development are used for exchange listing fees, marketing collaborations, and commissioned work, promoting the growth and adoption of the $RDT token.
Founders + Vesting
RADIATOR's founders have extensive experience in project management, customer relations, marketing, sales, and software development. Founder tokens are fully unlocked after three years, with distribution starting one year after the initial token listing date and at 25% intervals every six months.
RADIATOR Node
By staking $XRD on the RADIATOR node, users can earn passive income through staking rewards in $XRD and frequent $RDT airdrops. This encourages participation and investment in the RADIATOR ecosystem. The current nominal fee is 1.99% which equals an effective fee of 0.16% at 8% APY.
Staking Airdrops
Delegators who stake $XRD on the RADIATOR node receive regular airdrops. Additional irregular airdrops may be available for special participation in the RADIATOR and partner ecosystem.
Staking Airdrops are currently on a monthly decrease of 10.000 $RDT until we reach 100.000 $RDT in order to stabilize the price and reduce sellpressure but still attract people to stake on our node. These terms can be adjusted at any time by the team.