Overview
Radix Rewards Season 1 distributed 114,347,194 XRD on February 3, 2026 at ~16:00 UTC, including the Season 0 bonus. The distribution used a vesting model: 20% redeemable immediately, with 80% vesting linearly over 7 days.
Diamond Hands Bonus
A novel mechanism where early redeemers forfeited their unvested XRD to remaining participants — incentivizing patience and reducing sell pressure.
Impact
Season 1 (started September 8, 2025, coinciding with the Hyperlane bridge launch) doubled weekly transactions and DEX volume across the ecosystem. The broader campaign allocated 1 billion XRD in incentives over 18-24 months for genuine DeFi participation.
Season 2
The Foundation explicitly stated: "Future incentive programs will be designed and driven by the community, not the Foundation." Season 2 will require a community proposal and governance approval through the RAC/consultation process.
