What is Radiant – RDNT?
Radiant is a cross-chain lending and borrowing platform where users can lend and borrow money from one another. The platform currently supports three stable coins: USDC, Tether, and Ethereum, as well as Bitcoin. Lenders supply their assets to Radiant, receive Radiant tokens as rewards, and can borrow assets from other users in return for collateral.
Borrow and Lend Cross Chain Radiant
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. Borrowers can also specify the chain they want to borrow the assets on. Radiant operates on the Arbitrum network and uses the Stargate to move assets between chains.
What is Radiant V2?
This new version of Radiant will feature real utility and prevent mercenary farming, true governance, and support for over 20 new collateral options. Users can expect several exciting developments with Radiant v2, including the $RDNT XChain OFT20, early claim penalty with a linear 90-day structure, expired RDNT lock without APY, fee changes split between the Radiant team, and the opportunity to earn RDNT by locking 5% of your supplied RDNT in the BLP program.
Where to buy Radiant – RDNT?
Radiant – RDNT can be bought on Bybit, the leading cryptocurrency trading platform. It can also be bought through Uniswap on the Arbitrum Chain.
Tokenomics
RDNT has a total supply of 1,000,000,000 tokens.
- 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)
Emissions
The exact monthly emission rate is calculated as 50,000,000 / 1.0539 *
Where to buy Radiant – RDNT?
Radiant – RDNT can be bought on Bybit, the leading cryptocurrency trading platform. It can also be bought through Uniswap on the Arbitrum Chain.
Bybit Radiant – RDNT Bonus
Bybit is thrilled to announce the addition of RDNT to its Spot trading platform. To celebrate this major milestone, Bybit is offering a massive 400,000 RDNT prize pool. This is a fantastic opportunity for traders to not only get in on the ground floor of this exciting new listing, but also to earn a share of a substantial reward.
Claiming your share of the prize pool is easy. Simply deposit at least 400 RDNT on Bybit during the event period, and you will receive 100 RDNT. It’s that simple.
So don’t wait – deposit your RDNT on Bybit today, and get ready to claim your share of the 400,000 RDNT prize pool!
The post Cross Chain Lending: Where to buy Radiant – RDNT? appeared first on YourCryptoLibrary.