RDNT Token

Token Information

RDNT, an OFT-20, is Radiant's native utility token. Layer Zero’ omnichain fungible token (OFT) interoperability solution enables native, cross-chain token transfers.

As voted in by Governance Proposal RFP-4, $RDNT emissions incentivize ecosystem participants to provide utility to the platform as dynamic liquidity providers (dLP).

Only users with locked dLP (liquidity tokens) activate eligibility for RDNT emissions on their deposits or borrows.

Additionally, dLP’s share in the utility of Platform Fees is captured in blue-chip assets such as Bitcoin, Ethereum, BNB, and stablecoins from borrowers paying loan interest, flash loans, and liquidation fees.

Through decentralized discussions, voting, and governance, the Radiant DAO has and always will dictate the decisions, and, ultimately, the vision of the Radiant ecosystem.

It is encouraged for all users to watch the Explainer Video located on the Markets page.

Liquidity Mining

Only users with locked Dynamic Liquidity (Liquidity Tokens) activate eligibility to receive RDNT emissions within the money market.

$RDNT Liquidity mining emissions can be instantly claimed for the total amount, provided they are zapped into locked dLP tokens by pairing the claimed $RDNT with wstETH/BNB.

Alternatively, emissions may be vested for three months. Vesting RDNT may be claimed early for an exit penalty to receive 10-75% of rewards, decaying linearly during the three-month vesting period.

Locking dLP tokens is a one to twelve-month process and must be re-locked after maturity to continue receiving platform fees.

For a detailed breakdown of how dynamic liquidity provisioning functions, visit the dLP section of the Gitbook.

For a detailed breakdown of how Locking & Vesting work, visit the Manage Radiant section.

Token Allocation

RDNT has a total supply of 1,500,000,000 tokens.

  • 47.1% emitted as incentives for suppliers and borrowers, released over five years

  • 13.3% to the team, released over five years, with a three-month cliff (10% of the team allocation is locked at the genesis of the protocol and unlocks at the 3-month cliff)

  • 30.9% allocated to the Radiant DAO Reserve

  • 4.7% allocated to core contributors and advisors, released over one and a half years

  • 4% reserved for the Treasury & LP, ratified in RFP-9 governance proposal

RDNT Token Unlock Schedule

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