Radix DLT - The Decentralized Finance Protocol
Radix is the first layer 1 protocol specifically built for Decentralized Financial applications. Since DeFi has specific needs than other decentralized applications most applications are built on top of Ethereum which comes with some downsides. This is why Radix took the approach of building a new distributed ledger model to support decentralized applications more reliably, redesigning the consensus mechanism, smart contracts, and tokens.