Radix is the first layer-one protocol specifically built to serve DeFi and Olympia is its first production release. Olympia delivers the first iteration of the Radix engine. The next release Alexandria (planned for end of 2021) will bring smart contract capabiities to Radix. Check of the Radix roadmap for more information on upcoming development releases.
Radix is a proof of stake blockchain. Owners of the Radix token can stake their XRD tokens with Radix validator nodes and in the process earn rewards and help secure the Radix network. In return for delegating your tokens to a validator the Radix protocol automatically creates network emmissions that are returned to the wallet from which the delgation occurs. Currently these rewards are estimated to be ~30% APY. You can read more about staking here.
Which validator(s) you stake to should involve careful consideration of these factors:
The Radix wallet has a link to the Radix explorer validator dashboard in the Stake & Unstake section of the wallet. This dashboard shows the validators in rank order based on total stake.
The latest Radix wallet can be downloaded here.
The Radix team are still working with the owners of ledger to natively support storing Radix tokens on Ledger. However it is still possible to store your Radix on Ledger S, but you do need to side load the radix app onto the Ledger S. The Radix team have created some very good instructions for your appropriate desktop operating system here.
Before tokens can be used they must be transferred from the Ethernet ledger based eXRD to the Radix native blockchain token XRD. This is completed through Instabridge which is scheduled for release on the 6th of August. Details of how to complete the transfer wil be shared on launch.
I you have any questions about Radix or our validator offerring please reach out via our Telegram group