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10 May 2021

Radix’s Olympia Betanet: The Next Step Towards Greater DeFi Adoption

Radix’s Olympia Betanet: The Next Step Towards Greater DeFi Adoption


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DeFi and the planet patiently await Olympia’s rescue, and with the release of the Olympia Betanet, Radix signals a crucial step towards the scheduled launch of its mainnet this June.

Once the full power Radix is unleashed, DeFi users will be given the capacity to execute nearly one-and-a-half milliontransactions per second with confirmations returned in just one to two seconds.

Furthermore, Olympia is composable, meaning that different DeFi protocols will be able to work with each other seamlessly, no matter how the DeFi ecosystem evolves in the future.

Test networks are also crucial for ironing out bugs and securing the mainnet for a proper launch, and the Olympia Betanet will serve this purpose in order to prepare the Olympia Mainnet for the wear and tear of public use

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