RDN is a decentralised, Ethereum ERC-20 network token of the Raiden Network which is used for secure and cost effective micropayments on Raiden. 100 million of the general purpose Raiden Network Tokens (RDN) will be generated and allocated across public auctions, Raiden project contributors, developers and early supporters and an external development fund.
Although based on Ethereum, The Raiden Network is not limited to Ethereum only; as a payment network it is also compatible with EVM blockchain systems such as Dfinity, Cosmos and Polkadot.
Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy Raiden Network Token, than our closest competitors.
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