Maintaining Eligibility Status
Remember: a minimum 5% ratio between your total deposit value and dLP value must be maintained at all times to remain eligible!
As a risk asset, pricing volatility may swing users in and out of eligibility.
Example:
- Liam has $5 of dLP on Arbitrum (RDNT/ETH) and $100 of USDC deposits, which means Liam has met the 5% requirement (eligible for emissions)
- The price of ETH declines 5%, thus taking the value of dLP down below $5, and Liam is now below the 5% threshold required to earn emissions
The protocol needs to check the eligibility state constantly to determine “who is in, who is out.”
When you are eligible, banners at the top of each page will indicate "Emissions active."
If you fall out of eligibility, a "boost inactive" notification is visible at the top of each page and indicates the amount of dLP required to regain eligibility. Click "zap into dLP" and follow the prompts to resume receiving $RDNT emissions.
If a money market participant wishes to increase the likelihood of remaining eligible for RDNT emissions, consider maintaining a buffer zone above the 5% threshold to account for volatility.
Example:
Roger deposits $1,000 USDC in the money market and needs to lock at least $50 of dLP to qualify for RDNT emissions.
Roger decides to lock $60 dLP (10% above the threshold) to maintain eligibility status in the event of volatility.
Additionally, users can enable auto-compound & auto-relock from the Manage Radiant page to increase the likelihood of retaining eligibility status.
Last modified 2mo ago