Last week the community was emotionally charged by the first anniversary of Dan Hughes' passing, while the DAO transition gathered momentum with BassPhil confirming Foundation approval of the OA and a Marshall Islands su
A bittersweet week for the Radix community. CaviarNine, a cornerstone DeFi team, announced its departure after five years, and Avaunt Staking's validator closed after six. Yet amid the farewells, concrete progress emerged: a Stokenet reset was scheduled, the DAO governance portal went live, RSwap doubled its liquidity, and a fierce debate erupted over whether the community will actually step up to fill the gaps.
Messages / day
peak 101/day · most active: Timan | Astrolescent, Kadafi, GENKIPOOL
What the room talked about
CaviarNine bids farewell to Radix
Tronn announced CaviarNine is winding down all projects, citing economics that no longer work and a network far from what they signed up for. The DEX moves to withdraw-only mode, Surge will unwind in stages, and JustLock remains unaffected. MAvRe confirmed the smart contracts stay live on ledger, so anyone can build a new frontend.
driven by Tronn | CaviarNine, MAvRe, Vlad B • ideomaker.com • foton.is • radi
Avaunt Staking validator closes
Avaunt announced the Avaunt Staking validator will shut down on 28 August, with all services migrating to Stakesafe, a respected operator since betanet. Avaunt stressed they are not leaving Radix, just focusing on non-validator activities.
driven by avaunt > Debix | Atomix | Bullring
Will the community step up?
A tense debate erupted over whether anyone will fill the gaps left by departing teams. flightofthefox argued bluntly that anyone willing to step up would have done so already, while foxylady and Timan urged the community to stop waiting for a central body and start proposing and building. Phil Gibson echoed with a parable about Everybody, Somebody and…
driven by flightofthefox (hyperscale.rs), foxylady, Phil Gibson
RSwap liquidity doubles in August
Gary reported RSwap crossed $300K in total liquidity, doubled in August, and is working with Astrolescent on swap routing. He has a meeting with a prospective market maker for a three-month bridge, and RDX Holdings will help with liquidity next month, offering concrete counter-evidence to the doom narrative.
driven by Gary, Timan | Astrolescent, bigdev_xrd
Council & insider watch
projectShift boosted the Stokenet reset announcement and noted that the DAO site being incomplete is actually an advantage, since work under construction attracts less criticism. Avaunt announced the closure of the Avaunt Staking validator after six years, with services migrating to Stakesafe on 28 August.
avaunt > Debix | Atomix | BullringRAC member
Announced the Avaunt Staking validator will close on 28 August after six years, with all services migrating to Stakesafe. Stressed they are not leaving Radix, just focusing on non-validator activities.
“This community has always been the heartbeat of what we do, and we're proud to have contributed to Radix alongside you.”
projectShiftRAC member
Noted that the DAO site being incomplete is actually an advantage right now, since things under construction tend to avoid the heavy criticism that finished work attracts. Boosted the Stokenet reset announcement on the RAC channel.
flightofthefox (hyperscale.rs)Hyperscale-rs developer
Pushed back hard on the narrative that Radix is dead, arguing the project may fare better in community hands. Was bluntly pessimistic about whether anyone will step up to fill gaps, saying those waiting for a DAO mandate likely never will.
“the reports of Radix's death are greatly exaggerated”
Timan | AstrolescentAstrolescent builder
Confirmed Astrolescent and DefiPlaza are staying on Radix, is reviving the unreleased limit orders product now that CaviarNine is leaving, and migrated radixdlt.com to Astro with near-complete design parity.
Question of the week
“How can I create a pool to buy BTC dips with hUSDC now that CaviarNine is gone?”
Timan shared a Defiplaza-powered hUSDC/hwBTC pool with CALM impermanent-loss reduction, and Gary added you can do the same on RSwap by adding liquidity to the hUSDC side and earning fee revenue on top.
asked by José Melo Macedo Neto · answered by Timan | Astrolescent
Debate of the week — Is Radix dead or reviving?
One side
Trader and HANSI-HANS argued the project is effectively dead, citing Dan's passing, validators leaving, and mismanagement by former leadership.
The other
flightofthefox and foxylady countered that the community takeover and the hyperscale roadmap give Radix genuine promise, with linear scaling preserving atomicity still ahead.
Still open — expect a rematch.
Heard in the room
“But the economics of operating here no longer work, and the network is a long way from what any of us signed up for in those early years.”
— Tronn | CaviarNine
“I have built 100s of products and most have failed. My biggest piece of uncomfortable feedback is: get distribution first before product.”
— Phil Gibson
“There was an important job to be done and Everybody was sure that Somebody would do it. Anybody could have done it, but Nobody did it.”
— Phil Gibson
Prediction tracker
PendingConstitution Proposal runs within four weeks
PendingNative stablecoin coming later this year
PendingDAO Marshall Islands filing after OA legal review
PendingPermanent RAC election after Charter ratification
Around the ecosystem
Radix DAO governance portal liveradixdao.org was created as the official venue for DAO governance documentation, positioned as temporary and focused solely on governance until the full transition completes.
CaviarNine farewell post publishedCaviarNine shared a Medium post detailing their five-year journey on Radix from FLOOP to Surge, and the economic reasons behind their departure.
Stokenet reset scheduled for 29 AugustDaffy announced a full Stokenet reset for Saturday 29 August at 07:00 UTC, with all balances and history destroyed but addresses unchanged. Resets planned every 9-12 months.
Worth a click
Jargon, decoded
Stokenet — Radix's test network where developers experiment without using real tokens — periodically reset to a clean state.
CALM — A mechanism used in some Radix liquidity pools to reduce impermanent loss for liquidity providers.
The pulse
The mood: Somber and fractious — a cornerstone team and a six-year validator both departed, igniting a raw debate about whether the community will step up or continue to wait.
The bottom line
Remember this
CaviarNine's departure after five years is the week's defining moment, but the community is already rallying — Astrolescent is reviving limit orders, RSwap doubled its liquidity, and C9's smart contracts remain live for anyone to…
Next week
Watch for: the Stokenet reset on 29 August, Avaunt's validator migration to Stakesafe the same day, and whether Gary's market-maker meeting produces a signed deal.
Links
Written by AI from the public community Telegram chat — may contain mistakes. Never financial advice. · generated 2026-08-24