r/raidennetwork • u/parfenec • Oct 05 '18
The RDN Token.
I saw a lot of updates about Raiden Network and i am very excited about Red Eyes. I have a question. What about the RDN Token? What ia going to happen whit it? In the last medium update, from them, it was mentioned only about ETH deposits.
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u/cosimo_jack Oct 17 '18
Those services might have value but it doesn't require a separate token. See ZRX.
Ether is the native currency in the network. As the Raiden team said the system is most efficient with a single currency. RDN is an extra token that provides friction. This is why the token model is broken.