RDNT Token
Last updated
Last updated
RDNT token:
RDNT/WETH Balancer LP:
RDNT, an OFT-20, is Radiant's native utility token. ’ omnichain fungible token (OFT) interoperability solution enables native, cross-chain token transfers.
As voted in by , $RDNT emissions incentivize ecosystem participants to provide utility to the platform as (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 has and always will dictate the decisions, and, ultimately, the vision of the Radiant ecosystem.
It is encouraged for all users to watch the located on the Markets page.
Only users with locked (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 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
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)
4.7% allocated to core contributors and advisors, released over one and a half years
For a detailed breakdown of how Locking & Vesting work, visit the section.
RDNT has a total supply of
30.9% allocated to the
4% reserved for the Treasury & LP, ratified in
