Radiant Capital enhances bounty to recover funds after incident
Radiant Capital enhances bounty to recover funds after incident
Radiant Capital has decided to increase the existing bounty by $100,000 or its equivalent to encourage individuals to identify the exploiter or provide valuable information. They condemn such acts of exploitation as they harm protocols and erode trust in the Web3 community. Radiant is dedicated to supporting efforts that improve the security and stability of the Web3 ecosystem.
To aid in the recovery of funds from the January 2nd incident involving the Radiant protocol, we are committed to enhancing the existing bounty by @ArkhamIntel by $100,000 USD or its equivalent to incentivize individuals who can positively identify the exploiter or contribute
New Intel Exchange Bounty: Radiant Capital Exploit On January 2nd, Radiant Capital experienced a flash loan attack on its new USDC market on the Arbitrum network. The incident resulted in $4 million in funds lost. Exploiter contract: 0x39519c027b503f40867548Fb0c890b11728faA8F
Theo Network's thBILL Now Accepted as Collateral on RIZ v2
**Tokenized T-Bills Meet DeFi Lending** Theo Network's thBILL, a basket of institutional-grade tokenized Treasury bills, is now available as collateral on RIZ v2. The token is yield-bearing by design, automatically accruing value as interest compounds over time. **Key Features:** - Deposit thBILL to borrow USDC - Deposit USDC to earn yield - On-chain exposure to US Treasury securities - Estimated yield of 4.3% annually **Background:** Theo Network has raised $20M to bring real-world assets (RWAs) on-chain. The thBILL token launched on HyperEVM in August 2025, offering users a way to earn treasury bill yields while maintaining liquidity in DeFi protocols. This integration expands utility for thBILL holders, allowing them to leverage their treasury exposure for additional capital efficiency.
RDNT/USDC Market Goes Live on RIZ v2 with Collateral and Borrowing Features
**RDNT/USDC trading pair launches on RIZ v2** Radiant's governance and protocol token RDNT can now be used as collateral to borrow USDC on the RIZ v2 platform. **Key features:** - Deposit RDNT as collateral - Borrow USDC against holdings - Enables productive use of governance tokens **Recent market expansion:** Due to strong demand, the platform recently increased caps: - RDNT supply cap: 50M RDNT - RDNT borrow cap: 10M RDNT - USDC supply cap: 1M USDC - USDC borrow cap: 900K USDC The expansion reflects growing activity in the RIZ market and supports continued growth for RDNT holders looking to leverage their tokens.
🎙️ Radiant Tackles Web3 Misconceptions
**Radiant joins Web3 Global Talks today at 11:30 AM EST** to discuss the key challenges and misconceptions currently shaping Web3's development. The discussion will address common misunderstandings in the Web3 space and explore how these perceptions impact the industry's growth. - Live discussion format on Twitter Spaces - Focus on Web3 development challenges - Industry misconceptions analysis [Join the conversation](https://x.com/i/spaces/1jMJgREOrWAGL?s=20) to hear insights on navigating Web3's evolving landscape.
Radiant Capital Opens Survey for Convenience Class Remediation with Phased Payout Options
**Radiant Capital** has launched a new temp-check survey for **Convenience Class remediation** following the October hack. The Community Council is seeking feedback on: - **Revised phased payout schedule** - **Potential dust threshold adjustments** Key details: - Survey runs for **2 weeks** - Official Snapshot vote will follow after survey period - Part of ongoing remediation efforts for hack victims This follows previous community surveys exploring recovery options for affected users, with the assumption that no external bailout will occur. [**Take the survey**](https://community.radiant.capital/t/survey-107-phased-remediation-and-dust-considerations-for-the-convenience-class/2283/1) to help shape the remediation approach.
Radiant Capital DAO Proposal: Accelerating RDNT Token Vesting
A new DAO proposal (RFP-46) aims to accelerate the vesting schedule for 200 million RDNT tokens in the Emissions Reserve. The proposal suggests: - Reducing vesting period from 3 to 2 years - Increasing token emissions to support higher APRs - Attracting more liquidity to Radiant Innovation Zone (RIZ) markets The goal is to expand liquidity and drive RIZ growth across multiple chains. Additionally, Super OETH, an innovative LST, is now available as a RIZ Market on Radiant: - Combines Ethereum staking rewards with Aerodrome incentives - Offers up to 4x leverage on Radiant - Currently earning up to 45% APY when maximally looped *Vote on the proposal:* [Snapshot link](https://snapshot.org/#/radiantcapital.eth/proposal/0xc9ded50bfb0aae1c957a94de44d65a2997694ac85703825f5ded16d43540bbb5)