Radiant Capital

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.

Radiant, a project building an omnichain money market on LayerZero, has announced the opening of the Isekai Money portal. Users can now deposit Ethereum (ETH) and allocate those tokens towards dLP (deposit Liquidity Provider tokens). At the end of the event period, participants will receive XP and eXP tokens based on their deposits, unlocking further yield opportunities within the full launch of Isekai.

Radiant Capital has announced that eligible users who locked new 6-12 month decentralized liquidity provider (dLP) positions on Arbitrum between block #147753665 and block #193126724 can now claim their ARB tokens. For dLPs converted on Radpiexyz.io or PlutusDAO.io, the airdrop will be sent to their respective treasury multi-sigs for disbursement to users. This airdrop is part of Radiant's 2M ARB STIP campaign for new 6-12 month dLPs on Arbitrum, which began on November 6 and ended on March 22. A total of $17M in qualifying dLP is eligible to share the 2M ARB tokens.

Radiant Capital has introduced a new segment called 'Radiant Dimensions' that highlights protocols within the Radiant Ecosystem. The first protocol featured is Radpie, a SubDAO developed by MagpieXYZ. Radpie offers lending pools where users can earn RDNT emissions and additional RDP rewards. It participates in looping strategies for certain markets like Arbitrum and Ethereum. Radpie has launched mDLP, a liquid version of dLP, allowing users to earn a share of Radiant's platform revenue without locking their funds. Boosted incentives are available for stablecoin pools on Arbitrum, including USDC, USDC.e, and USDT, until the completion of STIP. There is also an ongoing program with Gauntlet and the Arbitrum Foundation to encourage the adoption of native USDC on Arbitrum.

Radiant Capital, a decentralized finance (DeFi) platform, has announced the upcoming release of its V3 version, which is expected to bring new energy and excitement to the DeFi space. The V3 release will introduce novel features and triple airdrops for users. Radiant Capital is building the first omnichain money market atop LayerZero, allowing users to deposit and borrow across multiple chains seamlessly.

Radiant, a decentralized finance (DeFi) protocol, has announced a collaboration to serve as the backbone for yield farming products. The new protocol aims to make DeFi as user-friendly as the iPhone, allowing users to trade any token across chains without gas fees or funds on the destination chain. Users will be able to create infinite EVM, Solana, or Bitcoin addresses with social media or MetaMask integration. The platform promises one-click yield and cross-chain yield farming, airdrop farming, and a simple interface with a few clicks.

Radiant has recently enabled the auto-compound feature by default for all three chains it supports: BNB Chain, Arbitrum, and Ethereum. This feature aims to simplify the rewards claim process by automatically depositing pending platform revenue into a new locked dLP position, helping users save on gas fees and optimize their protocol rewards for greater yield. Additionally, Radiant has introduced the Relock feature, which ensures that users' dLP positions are always eligible for emissions boost by relocking them upon expiry. Users can manage both features and set their preferred lock length (1, 3, 6, or 12 months) from the 'Manage' page.

The Auto-compound feature has been deployed on @arbitrum and @ethereum, making it available on all three chains. Bounty contracts for Ethereum rewards will be paused for 48 hours to ensure a smooth transition for users. Users can manage this feature from the Manage page.