Radiant DAO Voting on Funding Proposal

💰 Radiant's Future at Stake

By Radiant Capital
Apr 22, 2024, 6:03 PM
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Radiant DAO has launched a new proposal, RFP-33, for community voting.​ As the decentralized autonomous organization approaches its second anniversary and prepares for the launch of Radiant v3, the proposal seeks to adequately capitalize the DAO to incentivize the addition of dozens of new assets and expand across multiple networks.​ The outcome of this vote will shape the future direction of Radiant, which is building an omnichain money market atop LayerZero, allowing users to deposit and borrow across multiple blockchain networks seamlessly.​

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Guardian Fund: DeFi Safety Capital That Actually Works While It Waits

**Traditional vs. Active Protection** Radiant's Guardian Fund breaks from conventional safety mechanisms by keeping capital productive instead of idle. Unlike traditional safety funds that sit dormant until needed, Guardian Fund capital: - Earns yield continuously - Remains composable across DeFi protocols - Deploys automatically when protection is required **The gLP Advantage** By combining Guardian Fund with gLP (Guardian Liquidity Provider tokens), the system delivers dual functionality: capital protection with measurable returns. Risk parameters stay transparent, rewards are quantifiable, and participation remains open to the community. This approach transforms safety capital from a static reserve into an active, yield-generating asset that maintains its protective function.

🛡️ Guardian Fund Introduces Risk-Sharing Model for Protection Providers

Radiant's Guardian Fund introduces a risk-reward mechanism for liquidity providers through gLP tokens. **How it works:** - Users deposit ETH and receive gLP tokens representing their share of the protection fund - gLP tokens are yield-bearing and DeFi-composable **Earning potential:** - Protocol revenue - Staking rewards - DAO-managed growth strategies **Risk factor:** Capital can be slashed if funds are needed for remediation payouts to affected users. The system creates a transparent risk marketplace where providers earn yield in exchange for backing protocol security.

🛡️ Guardian Fund Launches Automatic Exploit Compensation

Radiant introduces automated remediation through its Guardian Fund, offering protection for eligible users against covered exploits. **Key Features:** - Automatic compensation distributed to users with locked dLP tokens - Payouts proportional to individual losses - Coverage capped at 100% of net deposit loss **Eligibility Requirements:** - Lock 15% of deposit value as dLP (dynamic liquidity provider tokens) - Example: $1,000 deposit requires $150 in locked dLP for Guardian protection The system activates automatically when a covered exploit occurs, streamlining the compensation process for affected users.

Radiant Capital Opens 2026 Community Council Elections

Radiant Capital has opened nominations for its 2026 Annual Community Council Election, a 30-day process accepting both self-nominations and community nominations. **Key Details:** - Elections held annually per DAO governance structure - Council members will guide protocol through critical growth phase - Responsibilities include shaping proposals, overseeing implementation, and representing community interests **Recent Progress:** - Rebuilt security infrastructure post-incident - Launched Guardian Fund - Recovered TVL from ~$3M to sustained levels above $15M Nominations will be followed by structured review and Snapshot ratification. [Full election details](https://community.radiant.capital/t/annual-community-council-election-2026/2297)

Infrastructure Built and Testing Before Live Launch

**Development Status:** - Smart contracts have been deployed - Frontend integration is in final testing phase - Launch timeline: soon **Key Point:** The project emphasizes this is functional infrastructure already built and operational, currently undergoing final testing before public release—not theoretical or planned development. **Previous Context:** Earlier testing showed users building and deploying Solana applications in minutes without coding requirements, with both frontend and backend design capabilities.