What did the grant proposal decide? To pay nothing. “ Fund the first two contributor grants (/capers/LOAD01/proposals/P-LOAD01-4188E3) ” offered two sizes of grant for the same work, 250 $XRD and 500 $XRD, beside “Do nothing”. 73 ballots ranked 250 $XRD first, which opened the market window; over the window the token’s average price resolved below the baseline locked when it opened, so the market vetoed the grant. No $XRD left the treasury, and the 500 $XRD proposal fee stayed in it.

Phase 1: the ballot Members rank every option, “Do nothing” included. The leader passes only if its share of the weight cast clears a bar that falls as the number of options rises. Here: 250 $XRD led and cleared it.

Phase 2: the market window Anyone can then open a market window. The contract compares the token’s time-weighted average price over the window with a baseline locked at the trigger, and a lower average vetoes the proposal. Here: the average fell below the baseline.

Payouts

Cashtag $LOAD01 Network Stokenet, Radix’s public test network Launched 11 October 2026, by the load drill Drill role Trading volume Proposal “ Fund the first two contributor grants (/capers/LOAD01/proposals/P-LOAD01-4188E3) ” Outcome The ballot chose 250 $XRD; the market window vetoed it

Load Drill 01 ($LOAD01) is a synthetic caper on Stokenet, Radix’s public test network. The load drill, a script that runs after every redeploy of Caper’s contracts, launched it on 11 October 2026 to push trading volume through the stack. Wallets the drill controls hold its tokens, and it is not a real organization.