Radiant Capital

The Radiant development team has provided an update on their progress. The Radiant Innovation Zone (RIZ) backend codebase is nearing completion for audits, which will commence in two weeks. Risk management for RIZ will be optimized with external expert support. Security enhancements, including deposit and borrow caps, have been implemented for both RIZ and core markets. The 'Unwind' feature, allowing users to undo deposit and borrow cycles, is now live. The team is collaborating with the DAO and governance teams to explore technical options for implementing RFP-34. Preparations are underway for Radiant's deployment on a top-tier Layer 2 network, pending DAO approval. By the next development update, the team expects to be in full audit mode for RIZ.

Radiant, a decentralized finance (DeFi) project, has been acknowledged for its contributions to the Arbitrum ecosystem in the latest blockchain letter published by Pantera Capital. The team expressed excitement over this recognition and extended gratitude to its community members, referred to as 'Radiants,' for their role in shaping the future of DeFi.

Radiant Capital's latest development update highlights the upcoming testing round for the Radiant Innovation Zone (RIZ), an isolated market for adding new tokens. The team is streamlining the process for token additions while focusing on risk management. Security enhancements, including deposit and borrow caps, are in the final audit stages, paving the way for adding new tokens to core markets. Additionally, a one-click unloop feature requested by users is set to roll out soon after successful testing.

Radiant, a decentralized finance platform, has launched a $50,000 USDC rewards campaign on Arbitrum. The campaign has contributed to USDC's growing dominance in the stablecoin market on Arbitrum, with $12 million in deposits and approximately $10 million in borrows. The rewards campaign will continue for another 23 days, providing an opportunity for users to participate.

Radiant, a company building an omnichain money market on LayerZero, has successfully upgraded the BNB Chain subgraphs to The Graph Protocol's decentralized network. This upgrade enables greater autonomy and rapid access to data powering the Radiant experience, secured by The Graph Network. Radiant aims to facilitate depositing and borrowing across multiple chains seamlessly.

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.

Radiant, a company building an omnichain money market atop LayerZero, has integrated MetaCRM for Service into its operations. This integration has brought significant enhancements to Radiant's customer support capabilities, particularly in handling service tickets more efficiently. Radiant has expressed gratitude to MetaCRM for their assistance in improving the quality of service provided to customers.

Radiant, a decentralized finance protocol building an omnichain money market on LayerZero, has announced the launch of a new quest on the Layer3 platform. The quest offers a prize pool of $200,000 for participants who earn experience points (XP) by completing various tasks. Users are encouraged to join the Layer3 community to begin accumulating XP and increase their chances of earning a share of the prize.

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.

Radiant Capitals has released Dev Update #014, providing updates on the progress of their Radiant Innovation Zone (RIZ) isolated markets, UI design improvements, security enhancements, and miscellaneous developments. Key highlights include the deployment of core RIZ contracts in testing environments, with a focus on bad debt management and additional safety features. The UI design team has shared version 2 designs and is working on version 3 based on user feedback. Security upgrades like deposit and borrow caps are undergoing audits and will be live soon. The team is also optimizing protocol fee distribution for competitive lending base yields and overhauling the mobile app's UX for better responsiveness.