Welcome to XRDScan!
As long-time Radix enthusiasts, investors, and evangelists, we are excited to see the progress that Radix has made in 2021. With the launch of Mainnet and staking, the initial steps into bringing the public into Radix DeFi have been taken and we are excited to be a part of it with our first product: XRDScan.
What is XRDScan? Simple — It’s a yield tracker for your staked Radix, like every other chain has. Sort of. There is some complexity in how you track and account for the gains that your staked XRD is producing, complexities that XRDScan handles on your behalf.
How do you start?
It’s easy to get started, go to XRDScan.com, put your wallet address into the top bar, and hit return. Confirm that you want to link by pressing the link button. XRDScan will immediately send you a STAKEV token with a code in the message.
Copy/paste that code into the provided box in the Link Wallet screen and the link will be confirmed, you are now tracking your yield!
We encourage you to link as many wallets as you want, they are all accessible via the drop-down in the top right.
For ease of use, we only show the last 5 characters of the wallet, but that is enough to differentiate them. In the future, we will allow you to name each wallet for even easier cross-referencing/access.
What can XRDScan Tell You?
We designed XRDScan to be both informative and to take advantage of the features of the Radix infrastructure. At its core, XRDScan polls your wallet on every epoch change (~30m to ~45m right now ), detects any new yield you have been granted, and logs that along with the current value of radix and the current value of the new yield.
Important point: Because yields are cumulative and not independent transactions on-chain, we can only track your yield from the time you link your wallet. Don’t delay, link today!
This makes XRDScan unique, we are not just giving a ‘value now’ view, we are giving the historical value of your XRD, both in absolute growth, as well as ‘value at epoch’. This Value at Epoch approach allows you to more closely understand how your investment is performing as it grows and as the price of XRD fluctuates. You also can download a CSV that helps you with your taxes!
XRDScan does more than just track the value of your wallet though — It also shows you each validator you have stakes at, how much you have staked there (and its value), how much that node has staked overall, and how much you have yielded in the last 24 hours. We also show you any pending UNSTAKES, along with a timer, so you can easily see when those funds will be available.
Finally, XRDScan provides a series of charts and graphs to help you better understand your stake distribution.
What does it cost you? What’s the catch?
There are 3 levels of access that we provide, Basic, Pro, and Elite and there are two ways to get access to these levels. These are important, our service is free and our goal is to be a Top 100 validator so that we and our users receive XRD yield to compensate us for our ongoing expenses.
Method 1: Stake with XRDScan
The easiest way to get access to all of our features is to stake with us. Our feature distribution provides different features that are tailored to small, medium, and large wallet sizes. As we expand our service, we will be adding more features to all of these tiers. The stake required is modest and it goes a long way in helping pay for the service.
You can stake to our validator here: rv1q250v8v6a7s6594tlvv6ndkk880dc3mgxaqssa4jeet890qczty9vesjmvn
Method 2: Use our SCAN token
If you are in our Telegram, follow us on Twitter, or see us in the Radix channels, you know that we are regularly airdropping our SCAN token. Soon the SCAN token will be able to be used to purchase these access levels (as well as other goodies and use cases!). No timeline yet, so keep hoarding your SCAN and we will make more announcements on this soon.
What’s next?
The team is working on adding more functionality to monitor your Validators and the network as a whole. We are looking at new ways of visualizing your data and we will continue to refine the UX and functionality to provide a great experience.
Some things are working on include:
Tracking liquidity tokens in projects such as OCISwap, Cerby, tracking of overall wallet value, and enhanced validator tracking features such as uptime analysis of non-top-100 validators.
Next week we will release more information on our Airdrops and how you can qualify for SCAN token allocations.
We also will be giving preferential access to Elite level members to our future projects (stay tuned for more info!). The longer you have stake with us, the more preferential your treatment so Don’t Delay, Stake Today!
We are also planning our marketing campaign so keep your eyes out for more announcements there.
It is early for Radix, and for XRDScan. We are working hard to move from Beta to launch and would love to have you along for the ride. You can join us on Telegram, on Twitter, or just use the tool!
