Ecosystem Spotlight: ShardSpace Discussion with Radix

MAY

16

Event date

Friday 16 May 2025, UTC

Event description

On May 16, 2025, at 17:00 UTC, Radix will spotlight ShardSpace, a versatile dApp offering portfolio management, staking tools, and market/limit order trading. This event will explore how Radix’s design—think Scrypto and the Radix Engine—makes DeFi development seamless for projects like ShardSpace. Expect insights into user-centric features and why Radix is becoming a go-to for DeFi builders [Radix Blog, www.radixdlt.com] (http://www.radixdlt.com]).

Recent News

ShardSpace has been making waves since its closed beta testing phase, with an MVP launch planned for early November 2024. The team’s feedback-driven approach ensures features align with community needs, like effortless token swapping across Radix’s ecosystem [ShardSpace Roadmap, www.radixdlt.com] (http://www.radixdlt.com]). Radix itself hit a milestone with the Babylon upgrade, expanding its DeFi capabilities and attracting more dApps [Flagship.FYI, 2024-02-24].

Future Plans

ShardSpace aims to roll out advanced features post-MVP, prioritizing community-driven development. Radix’s roadmap, including the Xi’an phase, focuses on scalability and developer incentives, positioning it as a DeFi hub [Flagship.FYI, 2024-02-24]. This event could hint at new integrations for ShardSpace, potentially boosting its utility.

Onchain Data

Over the past 30 days, Radix saw a net increase in XRD staked, reflecting growing confidence. The staking reward rate currently sits at ~6.45%, with a minimum of 90 XRD per stake—accessible for most users [StakingRewards, www.stakingrewards.com] (http://www.stakingrewards.com]). However, specific ShardSpace onchain metrics like transaction volume are not publicly available yet.

Community Sentiment

X buzz around Radix is positive, with developers praising Scrypto’s ease of use: “It’s insane how easy they’ve made it,” one user noted [Radix DLT, www.radixdlt.com] (http://www.radixdlt.com]). ShardSpace has sparked curiosity, though some users await more feature details post-event.

Why It Matters

This discussion could spotlight Radix’s edge in DeFi innovation, potentially driving adoption for both Radix and ShardSpace. For users, it’s a chance to explore new tools; for devs, it’s inspiration to build on Radix.

Risk Disclaimer: Staking on Radix involves risks like slashing if validators act maliciously—choose trusted validators to minimize this [StakingRewards, www.stakingrewards.com] (http://www.stakingrewards.com]).

Radix

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