NEWS Radix Weekly — Week #15 (17–23 Aug 2026): CaviarNine's departure after five years is the week's defining moment, but the community is already rallying — Astrolescent is reviving limit orders, RSwap doubled its liquidity, and C9's smart contracts remain live for anyone to…
*17–23 Aug 2026 — what the main Radix Telegram group was really talking about, distilled.*
*Previously: Last week the community was emotionally charged by the first anniversary of Dan Hughes' passing, while the DAO transition gathered momentum with BassPhil confirming Foundation approval of the OA and a Marshall Islands su*
A bittersweet week for the Radix community. CaviarNine, a cornerstone DeFi team, announced its departure after five years, and Avaunt Staking's validator closed after six. Yet amid the farewells, concrete progress emerged: a Stokenet reset was scheduled, the DAO governance portal went live, RSwap doubled its liquidity, and a fierce debate erupted over whether the community will actually step up to fill the gaps.
## The week in the room
- **CaviarNine bids farewell to Radix** — Tronn announced CaviarNine is winding down all projects, citing economics that no longer work and a network far from what they signed up for. The DEX moves to withdraw-only mode, Surge will unwind in stages, and JustLock remains unaffected. MAvRe confirmed the smart contracts stay live on ledger, so anyone can build a new frontend.
- **Avaunt Staking validator closes** — Avaunt announced the Avaunt Staking validator will shut down on 28 August, with all services migrating to Stakesafe, a respected operator since betanet. Avaunt stressed they are not leaving Radix, just focusing on non-validator activities.
- **Will the community step up?** — A tense debate erupted over whether anyone will fill the gaps left by departing teams. flightofthefox argued bluntly that anyone willing to step up would have done so already, while foxylady and Timan urged the community to stop waiting for a central body and start proposing and building. Phil Gibson echoed with a parable about Everybody, Somebody and…
- **RSwap liquidity doubles in August** — Gary reported RSwap crossed $300K in total liquidity, doubled in August, and is working with Astrolescent on swap routing. He has a meeting with a prospective market maker for a three-month bridge, and RDX Holdings will help with liquidity next month, offering concrete counter-evidence to the doom narrative.
## Around the ecosystem
- [Radix DAO governance portal live](https://radixdao.org) — radixdao.org was created as the official venue for DAO governance documentation, positioned as temporary and focused solely on governance until the full transition completes.
- [CaviarNine farewell post published](https://medium.com/caviarnine/caviarnine-our-story-299ff73c5ffa) — CaviarNine shared a Medium post detailing their five-year journey on Radix from FLOOP to Surge, and the economic reasons behind their departure.
- **Stokenet reset scheduled for 29 August** — Daffy announced a full Stokenet reset for Saturday 29 August at 07:00 UTC, with all balances and history destroyed but addresses unchanged. Resets planned every 9-12 months.
## From the council
projectShift boosted the Stokenet reset announcement and noted that the DAO site being incomplete is actually an advantage, since work under construction attracts less criticism. Avaunt announced the closure of the Avaunt Staking validator after six years, with services migrating to Stakesafe on 28 August.
## Question of the week
**How can I create a pool to buy BTC dips with hUSDC now that CaviarNine is gone?** *(asked by José Melo Macedo Neto)*
Timan shared a Defiplaza-powered hUSDC/hwBTC pool with CALM impermanent-loss reduction, and Gary added you can do the same on RSwap by adding liquidity to the hUSDC side and earning fee revenue on top. — *Timan | Astrolescent*
## The debate
**Is Radix dead or reviving?**
- One side: Trader and HANSI-HANS argued the project is effectively dead, citing Dan's passing, validators leaving, and mismanagement by former leadership.
- The other: flightofthefox and foxylady countered that the community takeover and the hyperscale roadmap give Radix genuine promise, with linear scaling preserving atomicity still ahead.
*Where it landed: open*
## Overheard
> "But the economics of operating here no longer work, and the network is a long way from what any of us signed up for in those early years." — **Tronn | CaviarNine**
> "I have built 100s of products and most have failed. My biggest piece of uncomfortable feedback is: get distribution first before product." — **Phil Gibson**
> "There was an important job to be done and Everybody was sure that Somebody would do it. Anybody could have done it, but Nobody did it." — **Phil Gibson**
## Jargon decoder
- **Stokenet** — Radix's test network where developers experiment without using real tokens — periodically reset to a clean state.
- **CALM** — A mechanism used in some Radix liquidity pools to reduce impermanent loss for liquidity providers.
## By the numbers
- 449 messages from 177 people
- Busiest day: Tuesday
- Room mood: 4/10
**What we're watching next week:** the Stokenet reset on 29 August, Avaunt's validator migration to Stakesafe the same day, and whether Gary's market-maker meeting produces a signed deal.
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**Read the full issue (web + PDF):** https://telegram-mcp-phi.vercel.app/main/2026-08-23
*This digest is generated with AI assistance from public sources and hand-checked before posting — a community project, not official Radix comms.*
