What’s on the menu ?
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Key Statistics
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Road to v3
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Arbitrum STIP Airdrop
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Radiant on Farcaster
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Dev Updates
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Radiant Dimensions
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Collaborations
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DeFi.app
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Binance Web3 Wallet
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Galxe
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Isekai
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Marginly
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DAO Proposals
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Honorable Mentions
Key Statistics
Road to v3
Exciting developments are on the horizon with the upcoming release of Radiant v3, which kicks off with the introduction of a new feature: auto-compound.
In simple terms, this means that users who earn a portion of Radiant's generated fees will automatically see their rewards reinvested into a new dLP position.
A new approach to revenue sharing after surpassing the 30 million mark in fees generated on the platform.
But that's not all v3 has to offer:
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The Radiant Innovation Zone introduces isolated risk markets to incorporate new assets like LSDs, RWAs, AIs, and popular memecoins.
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One-click Long/Short strategies for Radiant assets.
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Dual Emissions for enhanced yields with secondary tokens.
With a dedicated team of 37 full-time members, Radiant is poised to revolutionize the DeFi landscape.
Get ready to experience the future of Radiant.
Arbitrum STIP Airdrop
The journey with Arbitrum has come to an end for Radiant, and it's now time for eligible dLPs to claim their rewards.
A sum of 2 million ARB tokens will be distributed to dLPs who qualify, totalling $17 million before block #193126724. Claim your rewards here.
Just a reminder: You can bolster Radiant's influence by delegating your ARB tokens here, amplifying your voting power.
Through this, the Radiant DAO gains the ability to represent you in community votes within the Arbitrum ecosystem.
Radiant extends its gratitude to the Arbitrum Foundation and all participants for making this adventure possible.
Radiant on Farcaster
Radiant has joined Farcaster ! Anticipate extensive communication on there.
In addition, Radiant has recently become part of new communities such as DeBank and CoinMarketCap. We highly recommend joining Radiant in these communities to stay informed about all the latest updates and news.
Dev Updates
Here's an update on the goals and new features the Radiant team is diligently working on.
Currently, the developers are focused on the Radiant Innovation Zone. The main contracts have been deployed, and the user interface is awaiting feedback before finalization.
Security remains a top priority, with efforts concentrated on enhancing bad debt management and conducting audits on deposit and borrow caps.
TLDR on the recent bad debt event, the remaining bad debt of 720 ETH has been fully repaid.
Additionally, ongoing improvements are being made to enhance the user experience and optimize protocol fee distribution.
Collaborations
DeFi.app
Radiant is proud to announce its partnership with DeFi.app.
The stakes of this synergy are clear: to offer DeFi users numerous yield farming opportunities.
This will of course involve the use of RIZ, which will provide access to a wide range of assets. More info here.
Binance Web3 Wallet
Once again in collaboration with Binance, Radiant has launched a new campaign in March.
Participants had to complete missions with Binance Web3 Wallet to claim a share of $85,000 in RDNT through activities on Radiant Capital.
Galxe
A new adventure for you this month :
Radiant announced the launch of the Stellar Revolution in collaboration with Galxe, congratulations to all the participants. Winners have been announced here.
Furthermore, you can earn XP rewards by becoming a part of the Zealy community. Join here.
Isekai
Now, you have the option to deposit your ETH and allocate them to dLP using Isekai.
By doing so, you'll receive XP and eXP tokens, which will be useful for you to unlock new yield opportunities once Isekai is officially launched.
Marginly
Marginly has introduced three new leveraged pools:
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GMX/ETH - offering 5x leverage
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Pendle/ETH - offering 4x leverage
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RDNT/ETH - offering 3x leverage
To celebrate this launch, a total of $6,500 is available for all users who execute a trade with a minimum margin of $100.
DAO Proposals
The DAO added one proposal, RFP-33 let’s review it :
- RFP-33: This proposal is seeking approval of the community to mint additional RDNT tokens into the RDNT DAO Reserve. The proposal is currently being voted.