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RDNT

No. 381
Radiant Capital
AMM
Arbitrum
Arbitrum Native
Lending
RDNT Price Today
0
USD
-0.22%
Lower Price
0
Upper Price
0
24H Value(USD)
0
Total Market Cap(USD)
0
Circulating Market Cap (USD)
0
Total Circulation
492.88M
49.28%
Total Supply
1.00B

Price

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Coin Introduction
1. Project introduction

Radiant aims to be the first omnichain money market, where users can deposit any major asset on any major chain and borrow a variety of supported assets across multiple chains. Lenders who provide liquidity to Radiant are interacting and providing utility to the platform. Lenders can capture the added value from the communities’ engagement through the native token $RDNT. Borrowers are able to withdraw against collateralized funds in order to obtain liquidity (working capital) without selling their assets and closing their positions. The Radiant DAO utilizes the native utility token, $RDNT. By interacting and providing utility to the platform, users can capture the added value from the communities’ engagement through the native utility token $RDNT from borrowers and platform fees

2. Team introduction

Radiant DAO

3. Application and distribution

Token application: RDNT is Radiant's native utility token, with emissions allocated to users who provide utility to the platform as Lenders, Borrowers, & RDNT/WETH Liquidity providers. Token distribution: 50% emitted as incentives for suppliers and borrowers, released over a period of two years; 20% emitted as incentives for Pool 2 liquidity providers, released over a period of two years; 7% allocated to core contributors and advisors. These are released linearly over one year; 20% to the team, released linearly over one year, with a three month cliff (10% of the team allocation is locked at genesis of the protocol and unlocks at the 3 month cliff); 3% reserved for the Treasury & LP.

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