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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 is released once the DAO documentation is ready for the Foundation to confirm the asset transfer can proceed, and is needed to pay the Marshall Islands submission fees. 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.

Active Consultations

As of February 2026, the RAC is facilitating several consultations through RadixTalk:

Season 2 of Radix Rewards

A draft consultation on the continuation and structure of the Radix Rewards programme, which incentivises network participation and ecosystem development.

DAO Entity Location — resolved

The consultation on the legal jurisdiction and entity type for the Radix DLT DAO concluded in favour of a Marshall Islands DAO LLC (MIDAO), chosen over a Wyoming DUNA, a Cayman Islands Foundation, an Abu Dhabi entity, or other jurisdictions. See DAO Formation Progress above for the current status.

Instabridge IP Acquisition

A question raised in the RAC channel regarding the Foundation's acquisition of intellectual property from Instabridge, seeking clarity on the terms and relevance to the DAO transition.