Radix is taking a massive step into decentralized finance (DeFi) with the release of its first layer-one protocol made up of four different technologies.
In a white paper, Radix said it had released four technologies it believes can bring DeFi for mass adoption. These are Cerberus, a high-speed network consensus mechanism, Radix Engine, for building DeFi applications, Component Catalog, a library to help build DeFi, and Developer Royalties, a decentralized incentive program.
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