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Introduction

The Radix Accountability Council (RAC) is a five-member community-elected body tasked with guiding the transition from the Radix Foundation to the Radix DLT DAO (RDD). Established in February 2026 following a series of community consultations, the council serves as the primary interface between the Radix community and the Foundation during the decentralisation of governance. It is one stage in Radix's broader governance and will be succeeded by a permanent, elected council.

The RAC's charter defines three core responsibilities: establishing the structures and processes needed to achieve the transition, executing community will as a multi-signer on RDD-associated structures, and representing RDD interests on matters of the Foundation transition. The council operates through an open Telegram channel with 351 members, where RAC members post as admins and the broader community can observe proceedings.

2026 Strategy: The Next Chapter of Radix

In February 2026, the Radix Foundation published its 2026 Strategy outlining the transition from Foundation-led operations to community-driven governance. The strategy represents a fundamental shift in how Radix is managed and funded.

Three-Phase Decentralisation

The Foundation is implementing a phased approach to handing over control:

  1. Phase 1 – Expanding the consultation dApp for community signalling on funding allocation, and requesting RFPs for critical services (gateway operations, code maintenance).
  2. Phase 2 – Community-initiated RFPs for marketing, partnerships, and incentive programmes.
  3. Phase 3 – Full on-chain governance control via DAO or multi-sig structures.

Key Commitments

The strategy FAQ clarifies several important points: the Foundation does not plan to sell XRD to cover operational costs, relying instead on existing fiat reserves. Critical infrastructure will not be discontinued without reliable alternatives in place. Radix trademarks and intellectual property will transfer to community-controlled entities (potentially DAOs or trusts) to prevent capture while preserving ecosystem access.

Rather than repeating previous leadership's approach of traditional marketing with substantial funding, Radix is transitioning to community-determined priorities where members can submit their own proposals for marketing, code, or business development.

Background: Foundation to DAO Transition

Since its inception, the Radix Foundation has served as the custodial entity overseeing the development and operational infrastructure of the Radix network. As the network matured, a community consultation process was initiated to transition governance authority from the Foundation to a community-run decentralised autonomous organisation – the Radix DLT DAO.

The consultation to establish the RAC recognised that a structured transition body was needed to bridge the gap between Foundation-led and community-led governance. Rather than an abrupt handover, the council model provides continuity through elected representatives who can negotiate with the Foundation, manage multi-signature authority over DAO structures, and ensure community interests are represented throughout the process.

Election & Consultation Results

RAC members were elected through an approval voting mechanism where XRD holders could vote for up to five candidates from the pool of nominees. The consultation drew participation from 1,151 unique accounts representing approximately 1.34 billion XRD in voting weight.

Council Size

A separate consultation on council size resulted in five members winning with 56.91% of 1.30B XRD, over alternatives of three (18.94%), seven (16.23%), or nine (7.93%) members.

Elected Members

MemberApproval %
Peachy92.76%
Faraz | Radstakes83.87%
Jazzer_9F82.92%
Avaunt58.44%
projectShift57.22%

Note: The council's membership has changed twice since the election. Faraz stepped down from the RAC in February 2026, and Tadkis joined as the replacement member on 18 February 2026. Peachy – the highest-polling candidate in the election – stopped participating in the transition work from 4 March 2026 and subsequently confirmed he would not return to the council; the RAC recorded his departure in a public note on 26 May 2026, with Alfred (ALFRED_DULAiRE) serving as the fifth member. The RAC has operated as a five-person council throughout the handover.

Adam, CSO of the Radix Foundation, participates in the RAC Telegram channel as a Foundation representative but is not a council member.

The formation consultation ran from January 30 to February 6, 2026 – one of the highest-participation governance events in Radix history. The race for fifth place was decided by a razor-thin margin (769.9M vs 768.2M XRD), confirming a genuinely competitive election.

Responsibilities

The RAC's pinned charter defines three core areas of responsibility:

  1. Establish transition structures – Create and refine the legal, organisational, and governance structures needed for the Radix Foundation to hand over operational control to the Radix DLT DAO.
  2. Execute community will – Act as multi-signers on RDD-associated structures, ensuring that decisions made through community consultations are faithfully executed on-chain and off-chain.
  3. Represent RDD interests – Serve as the community's voice in negotiations with the Radix Foundation on matters relating to the transition, including asset transfers, intellectual property, and operational handovers.

Separately, the community has drafted a Radix Network DAO Charter – a discussion-stage governance framework adapted from the Aragon Network DAO Charter – as a reference for the transition structures the RAC is tasked with establishing.

The RAC also oversees the wind-down of the Validator Subsidy, with administration transferring from the Foundation to community entities in April 2026.

Foundation Operational Stack

As part of the transition planning, the Radix Foundation published its Operational Stack – a prioritised inventory of all services and infrastructure currently maintained by the Foundation that will need to be transferred to or replicated by the DAO.

Priority 1 – Core Network Access & Resilience

High-availability services essential for network interaction, requiring immediate continuity planning via an RFP process:

  • Babylon Gateway Endpoint – primary API for ledger indexing and transaction submission
  • Radix Connect Relay – signalling service enabling secure wallet-to-dApp connections
  • Signaling Server – enables P2P connections between wallet and desktop extension

Priority 2 – High-Use & Product Maintenance

Stable tools requiring active maintenance but not vital for network survival:

  • Core software: Node Software, Core Code Repos, Wallet (iOS/Android)
  • Infrastructure: Radix Connector Extension, Turn Server, Ledger App
  • Web properties: radixdlt.com, social channels

Priority 3 – Non-Critical but Maintained

Experience-improving services offering commercialisation opportunities: asset service, image service, price feeds, Dashboard, RadQuest, Gumball Club, dApp Toolkit, Dev Console, documentation sites. As of February 2026, the community is being asked to provide input on the desired handover, open-sourcing, or shutdown of each P3 service.

Active Handover Phase

As of mid-February 2026, Adam (CSO Radix Foundation) announced that the RAC has entered the active handover phase. Key activities include:

  • Entity formation – Standing up the DAO's legal entity is identified as the main blocker, as many assets and services require a legal entity to transfer to. The community subsequently settled on a Marshall Islands DAO LLC – see DAO Formation Progress below.
  • P3 service assessment – The Foundation initiated community input on P3 services via RadixTalk discussion, with the RAC expected to coordinate the process going forward.
  • Custody questions – RAC members are discussing how to serve as custodians-under-trust for assets (social accounts, GitHub, Telegram channels) until a formal entity exists.
  • Consultation V2 – projectShift is working on running the consultation dApp autonomously, independent of Foundation infrastructure.

DAO Formation Progress

Through 2026 the RAC has moved from planning into standing up the community DAO as a Marshall Islands DAO LLC, formed through the MIDAO framework. The Marshall Islands wrapper gives the Radix Foundation a compliant counterparty to receive the treasury, intellectual property, and operational assets of the network. The direction was mandated by a community vote, choosing the Marshall Islands over earlier options such as a Wyoming DUNA, a Cayman Islands foundation, or an Abu Dhabi entity.

The RAC retained legal counsel – a UK barrister with blockchain experience – and held a kickoff meeting in March 2026 to scope entity formation, the asset and IP handover, and the DAO's governance structure. To fund the work it requested a setup grant from the Foundation, which the Foundation board approved: USD 67,000 plus 10 million XRD, paid in two tranches. Tranche one (USD 27,000 and 5 million XRD, covering legal and incorporation work) was delivered to the RAC in May 2026; tranche two, needed to pay the Marshall Islands submission fees, was gated on the DAO documentation being ready for the Foundation to confirm the asset transfer could proceed; the council reported receiving it on 13 August 2026. The RAC capped legal costs at roughly £18,000. Separately, the Foundation pre-funded Gateway infrastructure through December 2026 and centralized-exchange market making through September 2026 to give the DAO runway during setup.

Operating Agreement and Charter

Working weekly with counsel – and with community contributor "Daffy" bridging the open governance repository – the RAC drafted the DAO's two founding documents: an Operating Agreement, the legally binding document required to form the company in the Marshall Islands, and a Charter, the constitutional document capturing the community's governance principles. As of July 2026 both are finished, the Operating Agreement has been sent to the Foundation for its lawyers to review, and the pair will then be presented to the community for discussion and voting. Both documents were written to require community approval before adoption. This community-run framework builds on the discussion-stage Radix Network DAO Charter.

Transition RAC and Permanent RAC

The agreed model distinguishes a Transition RAC – the present, pre-DAO council, mandated to complete company formation and the Foundation's handover of assets – from a Permanent RAC that the community will elect afterwards to steward the DAO's ongoing governance. Once the company exists, the Transition RAC initiates a custody contract with PrimeVault, the arrangement that finally enables the Foundation to transfer the granted assets to the DAO.

Stokenet handover

In parallel, control of Stokenet, Radix's test network, transitioned to the community in June 2026, with community members running its validators and Gateway – an early, practical proof of the handover the DAO is being built to complete.

Consultations and Proposals

Through the first half of 2026 the RAC facilitated consultations as forum threads on RadixTalk. The process has since moved onto a purpose-built Radix Consultation dApp, where a proposal is first posted as a Temperature Check for discussion and, once validated, opened as a numbered proposal for XRD-weighted voting. The app and the governance process behind it are tracked at DAO Governance App – Consultation v2.

Proposals opened for voting, July 2026

The RAC opened two Temperature Checks on 25 July 2026 and announced on 28 July that both had been validated and moved to the voting stage:

How they closed

Both proposals ran the component's seven-day window and closed on 4 August 2026. Read from the Governance component on 11 August, the Stokenet proposal carries 55 ballots and the website proposal 56, every one of them in favour – no account voted against either – and the weight behind the voting accounts clears the 671,470,000 XRD quorum set for each by roughly 40% (the recomputation is on Daffy's page). The council has announced no result for either, and posted nothing further to its channel until 13 August 2026, sixteen days after the elevation – see August 2026: the council reports below. A further consultation, Temperature Check 6 on registering Radix in the CAIP namespaces registry and the x402 payment standard, closed on 6 August with 58 votes and has not yet been lifted to a numbered proposal.

Permanent RAC candidates

On 15 July 2026 the council published a running list of community members who had signalled a willingness to stand for the Permanent RAC – Giles Morris, Timan Rebel, Markus, LINUXX.XRD, JW, a137x and Leonardo – ahead of the election described under Transition RAC and Permanent RAC above. The mechanics of that election are tracked at Elect a Permanent RAC.

Earlier consultations

The consultation on the DAO's legal jurisdiction and entity type concluded in favour of a Marshall Islands DAO LLC (MIDAO), chosen over a Wyoming DUNA, a Cayman Islands foundation, an Abu Dhabi entity, and other jurisdictions – see DAO Formation Progress above. A draft consultation on Season 2 of Radix Rewards, the programme that incentivises network participation and ecosystem development, was raised on RadixTalk earlier in 2026, as was a question about the terms of the Foundation's acquisition of intellectual property from Instabridge and its relevance to the DAO transition.

August 2026: the council reports

On 13 August 2026 the council ended a sixteen-day silence with a status update posted to its channel and relayed to the main Radix group – its first communication since the 28 July elevation of the two proposals. It moves three of the workstreams described above, and sets no date for any of them.

The Radix Foundation has reviewed the proposed Operating Agreement and validated it as a fit for handing the assets it holds to the DAO company, and the council reports no outstanding actions or dependencies on the Foundation's side. Tranche two of the setup grant has been received, which is what puts the council in a position to pay the Marshall Islands formation expenses. No date is fixed for the MIDAO submission; counsel is expected to file the formal application within a few working days.

Charter ratification

The Charter is described as close to its final text, and the council is arranging for the community to ratify it by vote at what it calls a significant high threshold for acceptance. Ratification is to run in parallel with the company's constitution rather than after it, and the stated dependency is not the lawyers but the Radix Consultation dApp. The council asks the community to read the document in advance – pointing at the guides in Daffy's open governance repository – and states that no governance will happen except by following it.

The Permanent RAC election

At least seven people have now declared a willingness to stand for the Permanent RAC, which will seat seven members. There is no cap on candidates and the council encourages more to stand, since a contested field is the point; declarations are made in public, as in Giles Morris's RFP thread on RadixTalk. The election cannot open until the Charter is ratified, because the Charter sets the process and its conditions. The ballot will use Majority Judgment – a method in which every voter grades every candidate on a shared scale and the winner is the one with the best median grade, rather than the one named on the most ballots – which is being implemented in the Consultation dApp for this election.

The update closes on the council's own framing of its role: the Transition RAC is not a second foundation, and the community is expected to build and decide rather than wait to be shepherded.

29 August 2026: the Official Venue opens

The council posted twice in one day, and between them the three workstreams above each moved by a measurable step.

Formation

The first update reports that the council and its counsel evaluated MIDAO's Service Agreement, proposed amendments to improve the DAO's position under its terms, and that MIDAO accepted them. The council will sign the amended agreement, pay, and submit the incorporation of Radix DAO LLC through MIDAO's onboarding platform, with the next actions on the council's own side and the submission rolling out "from Monday onwards" – 31 August 2026 at the earliest. Once filed, the council puts the Marshall Islands registry at four to six weeks to grant and issue the Certificate of Formation, and says it will report on advancements rather than on each of the process's many steps.

The repository leaves a personal account

The second update completes a move the council had trailed hours earlier: the community's governance repository is now hosted under the DAO's own GitHub organisation, github.com/RadixDAO, as RadixDAO/governance-framework, having been transferred over from Daffy's personal account. The council asked the community to adjust all links to it and to treat those two URLs as the sources. The framework itself is now signed: every document in the ratification manifest carries a SHA-256 and the certificate that signed them is published in its own right – the detail is on the Radix DAO Charter page.

An official venue, and what it is for

radixdao.org went live the same day as the DAO's Official Venue, the term the Operating Agreement uses for the place a ratified document must be published to. Daffy and Timan built it and automated its deployment from GitHub. Its Notices & Records section opened with two entries, both dated 29 August 2026 and both linking a signed PDF: the technical details of the certificate the Transition RAC signs with, published at 15:07 UTC so that any signature can be checked against it, and the full minute of the council's 25 August meeting at 16:41 UTC, recording the decisions that enable the ratification process. The site's footer draws the line the transition depends on: Radix DAO LLC is a separate legal entity from Radix Publishing Ltd, which operates radixdlt.com.

Ratification, still undated

The council says it will formally initiate ratification of the Charter and the policies "as soon as possible", with only a few details left to clear, and that this will get a post of its own. The process begins with a discussion period supported by a new topic on RadixTalk. No date is attached to any of it, and the venue's own banner states the position plainly: pre-formation, ratification vote pending, community decisions advisory until activation.

HydrateLast updated 8h agov2.6.013 revisionsVerified Aug 29, 2026