Twinstake now offers institutional staking of Radix (XRD)

Twinstake now supports Radix, a Layer 1 smart contract platform designed to elevate Web3 and DeFi usability for both users and developers. Twinstake is proud to partner with the Radix team and to provide support Radix for clients.

Radix is a comprehensive Layer 1 protocol designed to make Web3 and DeFi accessible, secure, and scalable. Radix is committed to democratizing DeFi, striving to build a more inclusive and efficient financial system that can scale to support billions of users globally. Since 2013, Radix has aimed to make Web3 and DeFi safer, easier, and more reliable for users, developers, and institutions.

Radix developed Cerberus, a proprietary consensus algorithm that ensures linear scalability without compromising atomic composability. It was built to support the global financial market and was recognized in the peer-reviewed Journal of Systems Research, JSys, in 2023 as the most efficient consensus protocol with the best throughput and lowest latency. The Radix Engine enforces asset behaviors at the network level, preventing common DeFi exploits like spend approval and reentrancy attacks. Easy-to-understand asset parameters (burnable, recallable, mintable, etc.) enhance security and transparency.

Andrew Gibb, Twinstake CEO, said "We are thrilled to partner with Radix, a pioneer in the DeFi space. Their innovative approach to scalability, security, and user experience aligns perfectly with Twinstake’s mission to provide top-tier staking services and enable institutions to participate in the future of finance."

Piers Ridyard, RDX Works CEO commented "We are thrilled to announce our partnership with Twinstake. This collaboration not only puts Radix on the radar of institutional token holders but also provides them with a robust and reliable way to stake their XRD and support the security of our network. We are thankful to be working with such a reliable and industry-leading partner. Together, we are paving the way for a safer and more accessible DeFi ecosystem."

Institutions holding the Radix token (XRD) can now use Twinstake’s non-custodial staking services, offering a secure and efficient staking solution. Twinstake's platform is designed to meet the high standards and specific needs of institutional stakeholders, ensuring robust performance and reliable support. To learn more about how Twinstake can enhance your staking strategy on Radix, visit twinstake.io or contact our team at [email protected].

‍