Radix Careers

Economics and Stable Coin Algorithms - Research Division

Radix is looking for a strong mathematician with a passion for economics to head up our Stable Coin research division. If launched, the Radix stable coin project will represent one of the largest and most ambitious stable coin designs in the world. This is an opportunity to work on something that we hope will create an entirely new form of decentralised money, and will complement closely our groundbreaking work in consensus and DeFi development.

In this role you will study the stable coins that have come before - both those that have been launched successfully and unsuccessfully to date in the Ethereum (and other) ecosystems, as well as the academic research (such as it exists) around such stable coins; covering fully algorithmic, collateralised and fractional reserve stable coins.

You will need to have a strong grounding in mathematics and feel comfortable deriving and analysing economic algorithms and control systems that form the basis of most algorithmic stable coin designs. You should have a strong interest in game theory and market behaviour and feel comfortable dealing in unbounded problem sets.

An understanding of the DeFi primitives such as Continuous Function Market Makers, and a good understanding of the incentive designs that drive liquidity and use in crypto currencies are a strong preference but are not essential as long as you are happy to dive into an emerging area of finance with great enthusiasm!

A good academic grounding in monetary policy and macroeconomic principles is also preferred but not essential. The more you understand the financial markets, especially FX markets, the better.

Given the importance of community around decentralized projects and the importance of engagement with the community to ensure success and growth of any project launched in the decentralised space, you’ll also be involved in public communications around models and strategy and provide thought leadership on the topic of stable coins and decentralised stable coin design.

You will report directly to the CEO and work closely with a large number of the Radix team to build, validate and iterate on economic models and their technical and crypto-economic feasibility. The launch of any Radix stable coins will depend on the outcomes of this research, development and community engagement.

Responsibilities Will Include

Drive forwards the design, validation, building, and launch of a (set of) stable coin(s) on Radix that will bring fundamental utility to consumers, developers and capital providers on the Radix platform.

You will need to be prepared to both get your hands dirty at the start, and be very happy working without support, as well as work well in a team. You will need to have a scrappy mindset and have a bias towards action and feedback.


  • A strong formal education in mathematics or highly maths based subjects is preferred. Your role will involve a lot of both model building and model analysis, so this is essential. Experience of working in industry (especially tech) is strongly preferred to a purely academic background, but pure academic will also be considered.
  • Strong long form, written communications skills are a must. Ideally you will have written and published academic papers, but highly technical white papers or analytical documents and reports will also be considered as evidence of technical writing ability.
  • We are a 100% remote team and written communication is our main form of collaboration and communication. As a result, you should have both strong verbal and short form written communication skills.
  • You should consider yourself intellectually curious, and someone who is always keen to learn more about how things work, as well as enjoy conducting your own self guided research.

About us

We’re a team of like-minded thinkers who have long been convinced that we’re living in the earliest stages of a global financial revolution. This revolution is being fueled by decentralized finance (or DeFi for short), which is enabling an assortment of pioneering developers and entrepreneurs to re-invent almost every financial product that is currently traded and invested in traditional markets, without requiring central authorities or siloed infrastructure. DeFi has captured a great deal of attention and investment in the crypto-aware niche, growing assets under management from $1 billion to $64 billion in less than a year. Impressive as its growth has been, its current market size isn’t even a rounding error on the over $111 trillion held in traditional finance. We’re focused on what it will take to go from billions to trillions.

We like to say Radix is layer 1 DeFi done right: the only decentralized network where developers will be able to build quickly without the constant threat of exploits and hacks, where every improvement will get rewarded, and where scale will never be a bottleneck.

Radix went back to first principles to come up with the right technical solution—the first layer-one protocol built specifically for mainstream DeFi—and we have already tested out at over 1 million transactions per second. We’re keenly aware that the need for an infinitely scalable platform is only one prerequisite among many for mass adoption, and we’re also blazing new ground in the areas of user experiences, developer tools, and regulatory integration.

We have forged a path deep into the future of what distributed ledger technology is going to look like, together with the business case that assures adoption, and we need you to come and be part of the team that is making that happen right now.

If this job sounds like it was made for you, then please apply directly here or email farrah@radixdlt.com for more information.