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Vesting RDNT

Overview

RDNT Vesters that engage and provide utility to the platform can capture the added value from the communities’ engagement within the money markets through RDNT emissions. Users can exit early from their vest for a 25-90% penalty fee or complete the 90-day (three-month) vesting period to receive the full amount.

How to begin vesting RDNT

RDNT must actively vest and reach the 90-day maturity date to receive the full amount.
To begin vesting, navigate to the Manage Radiant page. On the vesting overview panel, select "Start Vesting," and confirm the transaction in your wallet.
After initiating a vest, the "Vesting overview" panel provides a variety of management functions.

Zap Vesting RDNT into dLP

Once RDNT is currently vesting, zap into locked dLP with no exit penalty to begin receiving platform revenue and attain eligibility for RDNT emissions from lending and borrowing.
Under "currently vesting," select "Zap into dLP."
The Zap with vesting Radiant modal will appear:
Note that the RDNT and ETH/BNB input fields will auto-populate. Zapping with vesting RDNT can only be executed for the full vesting amount. Therefore the ETH/BNB calculation (borrowed from the money market or paired from your wallet) is automatic based on the ratio required to form the liquidity token.
After clicking continue, select the lock duration and corresponding multiplier, then click continue. Confirm the zapping information is accurate, and then click "Zap into dLP" to confirm the necessary transactions in your wallet.

Early Exit

Exit early for a penalty to receive RDNT immediately. Vests can be exited collectively for the penalty displayed under the "exit early" button below.
Alternatively, exit vests individually with their corresponding penalty amount by clicking the right arrow below on each vest you would like to exit.

Vest to Maturity

Vesting RDNT that has completed the 90-day maturation can be withdrawn for the full amount from the vested panel on the Manage Radiant page.

Additional Notes

  • Exiting a vest early will incur a 25-90% penalty based on a linear schedule of elapsed time
  • The penalty paid is returned at a ratio of 90% to the Radiant DAO Reserve to increase emissions runway, and 10% is allocated to the Radiant Starfleet Treasury, ratified in RFP-11
  • Initiating an "Exit Early" transaction from the "Currently vesting" panel will exit all separate vesting periods, with applicable penalties applied
  • Alternatively, you may "exit early" from individual vests by using the menu on the vesting panel
  • Initiating a "zap into dLP" transaction will zap all separate vesting periods

Last modified 18d ago