Load Drill 03 ($LOAD03) 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 as a target for governance rehearsals: other drill capers buy and sell its token through proposals, and its own proposal tests a metadata change. Wallets the drill controls hold its tokens, and it is not a real organization.
Which proposals involve $LOAD03?
| Proposal | Raised by | Action | Outcome |
|---|---|---|---|
| “Take a treasury position in $LOAD03” | $LOAD02 | Invest 300 $XRD in $LOAD03 | Executed |
| “Rewrite the token description” | $LOAD03 | Rewrite the token’s description | Rejected at the ballot |
| “Four answers and a refusal” | $LOAD12 | Divest 500 $LOAD03, one of five options | Not chosen |
The metadata proposal would have set the token’s on-chain description to “Load Drill 03 – synthetic caper; description rewritten by governance.” With two options on the ballot, the change needed 75% of the weight cast and fell short across 44 ballots, so no market window opened and the description is unchanged.