Radiant Rundown Newsletter #12 Release

🔥 Juicy Radiant News...

By Radiant Capital
Apr 29, 2024, 6:39 PM
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Radiant has released its 12th newsletter, providing updates on the Arbitrum STIP airdrop, partnership with AppDeFi, development progress, and version 3 advancements.​ The newsletter also covers collaborations with IseakiMoney, Binance Web3 Wallet, Galxe, Marginly, and others.​

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Radiant Capital DAO Proposal: Accelerating RDNT Token Vesting

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)

Radiant Featured in OKX Web3's New Eco Hub

Radiant Featured in OKX Web3's New Eco Hub

Radiant, the omnichain money market built on LayerZero, has been featured in the newly launched Eco Hub by OKX Web3. This inclusion highlights Radiant's growing prominence in the decentralized finance space. - Radiant offers cross-chain deposit and borrowing capabilities - OKX Web3's Eco Hub showcases notable blockchain projects - This feature may increase visibility for Radiant's innovative platform The collaboration between Radiant and OKX Web3 demonstrates the increasing integration of multi-chain solutions in the DeFi ecosystem. Users interested in exploring Radiant's services can now find more information through the OKX Web3 Eco Hub.

Radiant Integrates Edge's Risk Oracle for Dynamic Fee Distribution

Radiant Integrates Edge's Risk Oracle for Dynamic Fee Distribution

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.

Radiant Raises Supply & Borrow Caps on Base and Arbitrum

Radiant Raises Supply & Borrow Caps on Base and Arbitrum

Radiant has increased supply and borrow caps on several markets across Base and Arbitrum networks, following recommendations from Chaos Labs. This move comes after these markets reached their previous limits. Key updates: - Increased caps for cbBTC (Coinbase) - Raised limits for MAVIA and USDC (MAVIA/USDC) from Mavia Game - Expanded caps for WETH (PT-wstETH) from Pendle Finance These changes provide users with more opportunities to lend and borrow on the Radiant platform. The update follows a trend of cap increases, with a previous doubling of the weETH borrow cap on Arbitrum due to high demand. Visit app.radiant.capital/#/markets to explore the new limits.

LayerZero Continues to Promote Omnichain Development

LayerZero, a leading protocol for cross-chain interoperability, continues its push for omnichain development. The company has been consistently promoting the concept of building omnichain applications, as evidenced by their repeated messages on social media. Key points: - LayerZero is advocating for developers to create omnichain solutions - The initiative appears to be ongoing, with multiple mentions over time - Omnichain development aims to create seamless cross-chain experiences This trend suggests a growing focus on interconnected blockchain ecosystems, potentially reshaping the future of decentralized applications. Interested in omnichain development? Explore LayerZero's resources to learn more.