Radix’s Olympia Betanet: The Next Step Towards Greater DeFi Adoption

Radix’s Olympia Betanet: The Next Step Towards Greater DeFi Adoption


With the cryptocurrency market cap rising to over two trillion dollars, it’s safe to say the face of money is looking in new directions. The financial sector is experiencing a paradigm shift comparable to the invention of credit itself, and as Forbes recently pointed out, the rise of decentralized finance will revolutionize financial services in a way that “could make financial transactions less expensive and more secure while also increasing access to everyone — and not just certain demographics or a chosen few.”

In a move that will help realize DeFi’s currently stunted potential, Radix is launching its highly anticipated Olympia Betanet on April 28. Running on a Delegated Proof of Stake (DPoS), Olympia takes advantage of technology that is as exponentially better for validating transactions as it is for the environment. DeFi and the planet patiently await Olympia’s rescue, and with the release of the Olympia Betanet, Radix signals a crucial step towards the scheduled launch of its

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