Radiant's Highlights from 2023: V2 Upgrade, Expansion, Growth, and Active Users
Radiant's Highlights from 2023: V2 Upgrade, Expansion, Growth, and Active Users

Radiant Capital had a successful year in 2023, with notable achievements and milestones. The V2 upgrade brought enhanced tokenomics, utility, and cross-chain capabilities to the platform. Radiant expanded to BNB and ETH Mainnet, getting closer to their omnichain vision. Deposits surged from $125M to $672.8M, and borrows grew from $90.3M to $329.7M. Dynamic liquidity providers added robustness and unlocked access to a portion of protocol fees, reaching a total of $105.8M. Radiant generated around $22M in fees from V2 alone. The active user base increased significantly from 37,409 to 389,250. The community can look forward to RFP-28, introducing components of Radiant V3.
After the storm, the sun always shines ✨ Acknowledging challenges faced, and emphasizing the resilience that defines Radiant, let's reflect on the brilliant successes from last year. Join us as we reflect on the highlights from Radiant's 2023. 🧵👇
Radiant Joins Arbitrum Space on RWA and Cross-Chain Lending

Radiant will participate in an Arbitrum Founders Space discussion on Thursday at 5pm UTC. The conversation will focus on how **tokenization and Real World Assets (RWA)** are changing lending protocols' approach to: - Collateral management - Liquidity provision - Cross-chain composability This follows Radiant's ongoing engagement with the RWA ecosystem, including previous discussions with Chainlink, Ondo Finance, and Securitize. [Join the Space](https://x.com/i/spaces/1jMJgRmNrMWGL?s=20)
Radiant Capital Opens Annual Community Council Elections for 2026
Radiant Capital has opened nominations for its 2026 Annual Community Council Election, following the DAO governance structure ratified in February 2025. **Key Details:** - Nominations are open for 30 days - Both self-nominations and community nominations are accepted - Elections will be followed by structured review and Snapshot ratification **Council Responsibilities:** Council members will shape proposals, oversee implementation, and represent community interests during a critical growth phase. The protocol has recovered from a previous security incident, rebuilding infrastructure and launching the Guardian Fund while growing TVL from ~$3M to sustained levels above $15M. The next Council will guide the protocol through its most consequential growth phase, making this an active stewardship role rather than symbolic governance. [Full election details and nomination process](https://community.radiant.capital/t/annual-community-council-election-2026/2297)
RIZ v2 Redesign Promises 10x Faster Market Deployment
**RIZ v1 Results & Limitations** Radiant's isolated markets proved the concept works but revealed critical scaling issues: - Each market requires 4-5 smart contracts - Deployment takes days to weeks with extensive configuration - Manual parameter tracking and complex liquidity monitoring create high overhead - Result: only 4-6 markets per chain with slow listings and high friction **v2 Solution Coming** A complete infrastructure rebuild is underway to address these bottlenecks. The redesign targets 10x faster deployment and cleaner isolation - not just surface-level improvements. Details on the new architecture will be shared next week.
🎙️ 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.