Radiant Integrates Edge's Risk Oracle for Dynamic Fee Distribution

๐Ÿค– Oracle sees all

By Radiant Capital
Oct 10, 2024, 2:03 PM
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Radiant has become the first lending protocol to integrate Edge's Risk Oracle, powered by Chaos Labs.​ This technology:

  • Monitors and auto-updates risk-related parameters in real-time
  • Currently recommends updates for the reserve factor
  • Aims to balance deposit and borrowing rates

The integration enables:

  • Dynamic fee distribution based on market needs
  • Smoother borrowing costs and optimal rates for lenders

Implementation:

  • Initially rolled out for USDC on BNB
  • Approved for expansion to all BNB markets
  • Other chains to follow soon

Long-term goals:

  • Full automation of risk parameters (e.​g.​, supply and borrowing caps)
  • Gradual shift from manual oversight to auto mode

Stay tuned for further updates on this developing system.​

Sources
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