What’s on the menu ?
The journey has only just begun.
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Radiant V2
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What’s New ?
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BSC launch
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CEXs/DEXs listings
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Partnerships
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Arbitrum Airdrop
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DefiLlama Dashboard
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DeBank integration
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PlutusDAO
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Layer3 quests
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Galxe quests
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Aura Finance Stable Pools
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V2 Auditors
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Bug Bounty
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DAO proposals
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Honorable Mentions
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We’re hiring
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They talk about us
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Welcome to the first monthly edition of our new “Radiant Rundown” newsletter. This format will keep our members informed on the latest updates by summarizing all the important news of the month, allowing you to access the essentials of what's going on with Radiant Capital without needing to overdose on screentime looking for any new scraps of information.
We hope that you will enjoy this first article, do not hesitate to share your opinion and feedback on what you are about to read.
We are fortunate because this month has been jam packed with (good) news so we have a lot of material to cover, without further ado enjoy the read!
Radiant V2
What’s New ?
You may already be aware, but with great pleasure we were able to successfully launch the second iteration of Radiant Capital last month. Well, it looks great, and the community has been loving it, but what is Radiant V2 all about?
Briefly, we migrated to LayerZero Labs' Omnifungible Token Standard, which allows for full composability, reducing liquidity fragmentation, exposure to stacked smart contracts or finality risk. If you want to learn more about this type of token we invite you to read this post.
Introducing new and innovative mechanisms such as:
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**Token-gated emissions for LPs **
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**Cross-chain borrowing within minutes **
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**International UI/UX **
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**New chain launches **
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**Emissions extended to 2027 **
The goal with V2 was to rework our UI, vastly improve tokenomics and sustainability, incentivize our users to align with our long-term goals, discourage mercenary capital and lay the groundwork for our radiant omnichain future. You can migrate your funds simply here using our migration wizard.
If you have any queries about V2 please refer to the migration FAQ post or simply send us a message on discord.
BSC launch
Good news never comes alone! In coordination with the launch of V2, we have decided to explore new horizons, so come aboard our ship and get ready for liftoff on the Binance Smart Chain!
Indeed, after much deliberation we have decided on Binance Smart Chain as our first (of many) multi chain deployment. Our reasoning behind this choice is our desire to bring DeFi's first omnichain money market to such a powerful and significant blockchain and take this first step in our quest of unifying liquidity across all major l1 and l2 blockchains.
This allows:
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**Great decentralization upgrades **
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**Faster transactions **
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**Extra capacity **
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**Side chain development possibilities **
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**ZK-rollup technology **
We, as a DAO, are thrilled and thankful to be able to onboard on one of the biggest and most popular blockchains in the crypto industry.
CEXs/DEXs listings
Binance
A huge thank you to Binance, the biggest exchange in the world for choosing to list us and make trading possible on their platform, it's a major event for us that we are extremely proud of! Trading is now live here.
Crypto.com
Crypto.com joins us and we are delighted to have the opportunity to work hand in hand with them. A big thank you to them. Trading is now live here.
Kucoin
Accompanied by our best partners from Arbitrum, we are honored to be listed on Kucoin. Thank you to the entire team for your trust. Trading is already open here.
OKX
Again and again... we are fortunate to have been integrated into OKX, and we are very grateful! Thank you very much. Trading is now live here.
PancakeSwap Syrup Pool
Earn RDNT by staking CAKE in PancakeSwap’s syrup pools, currently it is possible to generate a return of 14.69% APR. Thank you for this great opportunity!
Partnerships
Arbitrum Airdrop
As you may know, Arbitrum has launched its own governance token and alongside this launch they have announced allocations to the best projects in the ecosystem, so we are delighted to share that we are one of the top eligible projects and we have received an allocation of 3,348,026 ARB.
For the time being, all the funds have been transferred to the treasury, it is important to consider the importance that such an allocation represents. Therefore, we will be patient for the time being and any decision regarding these tokens will be discussed in community forums before being voted on by the DAO.
In any case a big thank you to the Arbitrum Foundation for allowing us to play a major role in the development of the vibrant ecosystem that is Arbitrum, we are incredibly grateful to have been able to contribute to the development of this blockchain and to be recognised with such a significant allocation in this airdrop.
DefiLlama Dashboard
DefiLlama chose to support and follow us on this magnificent adventure, a plethora of detailed statistical information relating to our project is available thanks to them. A huge help for us so a big thank you to our beloved Lamas. Dashboard with all the statistics is directly accessible here.
DeBank integration
Our tokens and other products are now supported and recognized on DeBank, so you can track the RDNT holders you want and even base your strategies on the biggest holders!
PlutusDAO
You may already know them, but our friends at PlutusDAO have launched a new product called plsRDNT. We are very proud to join the ranks of plsDPX, plsSPA and plsJONES.
Users can deposit their Radiant dLP tokens on Plutus to receive plsRDNT, this way depositors will be able to get max-locked rewards without having to lock their tokens for a year, while PLS lockers accrue the governance power from the underlying RDNT LP tokens.
It's give and take and we like it! If you want more details take a look at this post from the Plutus team.
Layer3 quests
In partnership with Layer3, 6 missions have been set up with access to a raffle for a chance to win a Radiant nft.
The tasks are accessible and achievable here, good luck to all!
Galxe quests
There is definitely a lot to do this month! So get your wallets and try your luck, make yourself eligible to a raffle for a chance to win a limited edition nft and 5000$.
All additional information and assignments are available here.
Aura Finance Stable Pools
Among our many future collaborations you can find the implementation of Boosted Stable Pools hand in hand with Aura Finance. This partnership will allow us to extend our liquidity through these 80-20 RDNT/WETH pools
More information to come so stay tuned!
V2 Auditors
Of course, security has always been our absolute priority, and even more so when it comes to V2.
That's why we decided to (re)engage a number of audit teams to ensure that everything was in order before and after the launch of this "upgrade". Among those who have accompanied us in this process are PeckShield, Zokyo and BlockSec.
A big thanks to them for their expertise and professionalism.
Bug Bounty
As we explained earlier, security is our paramount concern, that's why a bugbounty has been set up for anyone who would report a possible flaw or vulnerability in our contracts or in our front end.
With ImmuneFi you can help us find any significant problem and get paid $200,000 for it!
You can never be too careful.
DAO proposals
3 main proposals have been current this month, RFP-10, RFP-11 and RFP-12.Respectively, these proposals were aimed at:
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Expanding Protocol Owned Liquidity on all chains where Radiant is deployed. Result - Allocate 2.5M RDNT to Arrakis and 2.5M to Gamma for POL bootstrapping. More infos here.
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Removal of Burn Component to Exit Penalty. Result - In favor. More infos here.
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Remove OpEx % of Protocol Fees During New Chain Launches. Result - In favor. More infos here.
No new proposals are currently live but if you have an idea in mind and you think you can help us develop Radiant, please share your ideas by submitting a proposal on our dedicated community forum.
Honorable Mentions
We’re hiring
We need the best engineers and designers. That's why we are calling for applications, if you think you have what it takes, we will be delighted to have you among us! Apply now right here.