Welcome to Radiant Capital
Capital in DeFi is extremely fragmented across chains, evidenced by the dozens of different money markets, all with their own liquidity.
Lenders are forced to pick a chain, and the assets they withdraw must exist on that same chain.
If a DeFi user wants to deposit wBTC on Arbitrum and withdraw ETH on mainnet, they cannot do so without navigating through a series of cumbersome transactions across multiple user endpoints.
This creates a suboptimal borrowing and lending experience.
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.
Radiant has been eight months in the making, as the DAO strives to invent a new but very necessary DeFi primitive.
As such, given the current state of alt L1s, Radiant launched v1 on what we believe to be the most secure and decentralized blockchain – Arbitrum.
Arbitrum's transaction fee mitigation, combined with Ethereum's security and institutional adoption, enables our team to build an ecosystem that provides our users with competitive interest-bearing opportunities while maintaining a high degree of safety.
Radiant’s cross-chain interoperability will be built atop Layer Zero, with v1 leveraging Stargate’s stable router interface. Lenders who wish to reclaim their collateral will be able to direct which chain to withdraw funds to, and what percentage they’d like sent to each chain.
Radiant v2 will allow for full cross-chain borrowing/lending on BTC, ETH and USDC, followed by the gradual rollout of additional assets voted on by the Radiant DAO.
Welcome to an omnichain future.
Traditionally, to get a loan, you'd need to go to a bank or other financial institution with lots of liquid cash and provide them with collateral. Radiant removes the middlemen from asset trading, futures contracts, and savings accounts.
In order to operate at its fullest capacity, it is imperative that a lending protocol operates on a network with high activity volume and broad institutional adoption. There are many L1 options, but Ethereum remains the most utilized. Historically, however, it has been marred by high transaction fees.
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 (visit the RDNT Token section for more information).
App: https://app.radiant.capital Governance Proposals/Feedback: https://community.radiant.capital Governance Voting: https://dao.radiant.capital Discord: https://discord.gg/radiantcapital Twitter: https://twitter.com/RDNTcapital Telegram: https://t.me/radiantcapitalofficial YouTube: https://www.youtube.com/c/RadiantCapital