This is an FAQ following the main strategy announcement here.

Q: Is the Foundation broke? Is that why you are doing this? 

No. In fact, our financial stability is exactly what allows us to make this move proactively rather than out of desperation. Because we have preserved this Fiat runway, routine operating costs will be covered from existing reserves and therefore, the Foundation does not plan to sell XRD to keep the lights on. By acting now, we can fund the necessary work to give the network the best chance of success, and ultimately, entrust the remaining treasury assets (both Stablecoins and XRD) to a community-appointed entity or DAO as appropriate.

Q: Can you share the exact amount of Fiat reserves? 

We are committed to transparency regarding the use of funds (RFPs, grants), but we will not be disclosing the exact current state of the Foundation’s fiat treasury. There is a practical reason for this: we are currently renegotiating contracts with vendors, service providers, and partners to maximize efficiency for the transition. Publicizing our exact balance sheet reduces our negotiating power and could lead to inflated costs, effectively wasting resources that should go to the ecosystem. What we can confirm is that the reserves can fully fund all expected costs of the transition period and outstanding legal obligations without needing to sell XRD.

Q: Does this mean development on Radix stops? 

Absolutely not. We are already seeing incredible momentum from our ecosystem, from battle-tested validator node runners ensuring network uptime, to a strong stable of dApp developers and tool builders shipping innovation daily, as well as contributors to core R&D. The community is already building the future of Radix. In 2026, we are opening up resources in a way the Radix community can allocate to supercharge the work already being done by these dedicated teams. Development isn't stopping, it is being opened up and decided on by the Radix community.

Q: Why keep building? Is this worth saving? 

Yes. The rationale for Radix remains unchanged: DeFi requires a specialized stack. EVM insecurity, corp chains, and L2 fragmentation are not solved problems, they are getting worse. Everyone from Governments, to TradFi, and FinTechs to asset issues all agree DLTs are the future of global finance. Radix tech is well positioned to meet this need, and is a compelling alternative to emerging corporate chains or fragment app-chain solutions.

Although the strategies employed over the last few years have faced challenges, the technology ecosystem is robust, mature, and open to future innovation.

Q: Who merges the code? Who decides what gets built?

This is the most important question for a decentralized network, and we don't pretend to have the perfect final answer today. That is exactly why we are starting this process now. 

We are committed to open-sourcing our stack and at minimum having everything in place for future contributors to continue development. 

In the immediate term (Phase 1), the Foundation will continue to maintain security and review PRs. However, the long-term governance model (whatever form that takes) is something we must design with you. We are starting this conversation proactively so the community can shape how the future is managed, ensuring the network remains secure, censorship-resistant, and truly decentralized.

Q: How do I get a proposal funded? Do I have to wait for an RFP? 

While we have already built the MVP tooling to handle Foundation-issued RFPs (e.g., the recent consultations), our goal is to move as quickly as possible to a model where you drive the agenda. We envision a system where community members can submit their own proposals, whether for marketing, code, or business development, and the ecosystem votes on them. We are building the rails for this now, but the ultimate goal is permissionless innovation where the community, not an administrator, decides what is valuable and worthy of funding.

Q: Can’t we try another "Breakout Year"? 

We need to be honest about what works and what doesn't. Previous leadership strategies, backed by orders of magnitude more funding than we have today, focused heavily on traditional "Business As Usual" marketing and partnerships. While ambitious, that approach did not deliver the sustainable breakout the network needed. Continuing that same strategy with tighter market conditions would be irresponsible. We need to try different approaches. However, the beauty of this new model is that the decision isn't final. If the community believes a specific marketing campaign is vital, you will have the power to propose and fund it. We are moving from a model of trusting the Foundation to community-led and funding and activity.

Q: What happens to the current Foundation team? Is this a rush?

This is a proactive choice, not a fire sale. Because we have the fiat runway, we can ensure this transition is handled in an orderly, responsible, and compliant manner. Critical functions will be maintained by the existing team while we hand-over in a responsible way to avoid sudden shocks. 

However, we have structured this so there are no incentives to drag the process out. We are committed to setting up this new phase efficiently so the community can take the reins as soon as possible. Our goal is to work ourselves out of a job by handing over a robust and sustainable system and tooling to you as soon as possible.

Q: Will this transition affect exchange listings or integrations?

It should not. Exchanges list decentralized networks, not centralized companies. We will ensure all technical elements are in place, and, if desired by the community, hand over compliance requirements to appropriate maintainers or legal entities. Until this point, we will ensure neutral market making functions are maintained in the transition period. 

Q: How will voting work? Won't "whales" just dominate the decisions? 

This is exactly why we are moving in phases. In Phase 1, we are using consultations (non-binding) to gauge true community sentiment without binding the network to a raw "1 token = 1 vote" plutocracy immediately. As we move toward Phase 3, we will support community designed/proposed governance systems for the RFP process. We aren't just copy-pasting a DAO structure; we are asking the community to help us design one that fits Radix.

Q: What happens to the Radix Brand, IP, etc? 

These assets are part of the "inheritance" being prepared for the community. The Foundation currently holds various trademarks and IP. As part of this transition, we will explore ways (such as a blind trust or a DAO-controlled entity) to hold these public goods. The goal is to ensure the Radix brand remains open and accessible for the ecosystem to use, while preventing it from being captured by bad actors.

Q: Is this what Dan would have wanted? 

Dan believed in decentralization. Permissionless, open systems, and the benefits of open-source development. While the timeline and circumstances are harder than anyone anticipated, the destination is exactly what was always intended: a sovereign network that is owned, run, and improved by the people who use it.