We are three months into Radix Rewards Season 1.

Since the campaign launched at the start of September, 2025, we have achieved many of its primary objectives. Specifically, establishing a new baseline for liquidity and usage on the network. The data shows a distinct step-change in performance:

• TVL has stabilized at a higher level relative to pre-season levels. In XRD terms, TVL is the highest it has ever been.
• Hyperlane utilization has successfully bridged millions of dollars of assets into the ecosystem.
• On-chain activity has been around double what it was in the period before Season 1 started at an average of 104.5k per week vs 46.8k prior, and spot DEX volume has averaged $1.4m per week compared with around $400k prior to incentives.

Now, we face an operational decision. Radix Rewards was always planned as a marathon, not a sprint. To ensure we maintain this new baseline and bridge effectively to what comes next, we need to optimize the strategy for the end of Season 1.

Before we move to a formal Token Holder Consultation, we are opening this informal consultation to gather sentiment on two specific levers: the timeline and the vesting mechanics.

1. When Should Season 1 End?

Season 1 was roughly penciled for 4-months. Based on a September 8 start date, a hard stop would land in late December.

From an execution standpoint, ending a major incentive campaign during the holiday freeze (Christmas to New Year) is suboptimal. It risks a liquidity drop-off during a period of low attention and market volatility. 

This makes the realistic earliest end mid-Jan. However, this may not be optimal given market conditions and objectives. 

We see three paths forward. The Radix ecosystem need to weigh continuity vs. dilution:

• Option A: Conclude in Jan 
  
  • The Logic: Stick to the original rough plan, simplest to execute
  • ‍Trade-off: Distributes the 100M XRD faster (higher APY now), but cuts momentum and leaves a gap before plans for next steps.

• Option B: Extend Season 1
  
  • The Logic: Extend the season to 6-12 months total to align with industry standards and allow time to discuss next steps with more market insight.
  • Trade-off: The 100M XRD pool (plus any milestone bonuses) is spread over more weeks. Mathematically, this lowers the weekly reward rate unless the pool size is changed.
• Option C: Extend with Pool Adjustment
  
  • The Logic: Extend to 6-12 months, but introduce a separate proposal to "top up" the reward pool.‍
  • Trade-off: Maintains the weekly yield while extending the duration, but requires allocating additional XRD reserves.

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2. The Distribution Model: "Liquid Vesting"

We are exploring a distribution mechanism adapted from the model used by Sonic. The goal is to encourage predictable distribution and longer-term alignment rather than sudden supply shocks.

Instead of a simple airdrop, users would receive a liquid reward unit.

• The Choice: You can redeem this unit immediately for a % of its face value (e.g., 20%), or wait a set period (the "soft vest") to redeem 100%.
• The Twist: Unlike other models that burn the penalty, we propose that forfeited tokens from early exits are returned to the pool. This boosts the rewards for those who wait, effectively increasing the APY for long-term holders.

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How to Provide Feedback

We are not looking for general "vibes"; we need specific preferences to shape the formal proposal. Please use the template below and post your thoughts in the discussion thread on Reddit.

Feedback Template:

1. Timeline Preference: [Option A / B / C] Reasoning: (e.g., "I prefer higher weekly APY" or "We need stability until Season 2")

2. Vesting Duration: [Short (1-3 Months) / Medium (3-6 months) / Long (6-12 months)] Reasoning: (e.g., "Prevent dump shock" or "Reward long-term alignment")

3. General Sentiment: (Any other thoughts on redistribution mechanics or LSULP usage)

We will monitor this discussion on Reddit (link here) until the end of the year. In January, we will use the discussion to put the leading options into a Token Holder Consultation.