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]).

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Radix Recap with Adam_XRD

Hosted by Adam Simmons, Head of Strategy at Radix (@radixdlt), this AMA will unpack key updates on the Radix ecosystem—a layer-1 blockchain laser-focused on DeFi scalability. Expect insights into the Radix Foundation’s recent moves, new incentive campaigns to boost on-chain activity, and growth strategies for their ecosystem. The event will stream live on their official channel: [link to stream]. It’s a chance to hear directly from the team and get clarity on Radix’s next steps. Recent NewsRadix has been making waves lately! Just yesterday, they rolled out Dark Mode for the Radix Wallet, enhancing user experience with a sleek new look [Radix X Post, May 22, 2025]. On the ecosystem front, @XRDegens launched an innovative NFT launchpad on Radix, where rarity is revealed only after minting—leveling up the NFT game [Radix Blog, May 22, 2025]. These updates show Radix’s commitment to user engagement and ecosystem innovation. Future PlansRadix is gearing up for hyperscale! Their roadmap highlights the Xi’an upgrade in 2027, aiming to support billions of users with millions of swaps per second—a game-changer for DeFi adoption by institutions and governments [Radix Blog, 2025]. They’re also evaluating new DeFi incentive campaigns to grow total value locked (TVL) and attract more users, which could be a focal point of tomorrow’s recap. Onchain DataStaking on Radix is thriving, with a net increase in XRD staked over the past 30 days. The current reward rate sits at ~6.45%, making it attractive for holders [StakingRewards, 2025]. However, exact TVL or transaction volume data wasn’t available at the time of writing—stay tuned for updates during the AMA! Community SentimentThe X community is buzzing with anticipation. Fans like @Slysmik are eager for more team engagement, while @Hikaru___san is ready to “get updated” [X Replies, May 21, 2025]. However, broader DeFi concerns—like the recent $223M Cetus Protocol hack on Sui Network—are sparking discussions about security, with Adam_XRD noting the “interesting” validator freeze debate [X Post, May 22, 2025]. Why It MattersThis recap comes at a pivotal time for Radix as they push for DeFi dominance. With hyperscale on the horizon and a growing ecosystem, their updates could signal big opportunities for investors and developers. Don’t miss it! Risk Disclaimer: AMAs can bring volatility as new announcements may impact XRD’s price—trade wisely.

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