Radiant Capital

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.

Radiant Capital has prioritized security through top-to-bottom audits conducted by leading firms like Zokyo, PeckShield, OpenZeppelin, and BlockSecTeam. Building on investments from Aave, Layer Zero, and Stargate, Radiant took actions to strengthen security post a recent incident. Measures include active threat monitoring, integration with ImmuneFi's Managed Triage service, and enhancing internal documentation. The focus remains on rectifying issues, introducing advanced monitoring tools, and enhancing incident response to create a secure DeFi ecosystem.

The quota for Radiant’s Radpie USDC lending pool has been increased, allowing users to take advantage of elevated ARB rewards by depositing USDC.

Radiant Capital plans to launch Radiant v3 with upgrades including hundreds of isolated markets (RIZ), 1-click leverage strategies, more X-chain interoperability, and dual emissions. The upgrades are scheduled to begin in Q2 '24. Security enhancements and boosted ARB rewards for the native USDC market are also part of the upcoming features. Stay tuned for more updates!