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Radiant Capital Explained

Radiant Capital Explained

Dive into Radiant Capital's unique DeFi approach, offering secure, multi-chain asset borrowing and lending with a focus on community engagement.

Summary: ​Radiant Capital is a secure DeFi protocol that centralizes liquidity across multiple blockchains, allowing users to earn interest and borrow assets efficiently. The upgrade from Radiant V1 to V2 significantly enhances cross-chain functionality by transitioning from the ERC-20 RDNT token to the LayerZero Omnichain Fungible Token (OFT) format.

This change improves fee sharing, bridging control, and protocol utility. With over $400 million in total value locked (TVL), Radiant Capital demonstrates strong investor confidence and a commitment to community governance.

Radiant Capital
4.5 out of 5.0 by Datawallet
Radiant Capital is a secure, decentralized finance protocol enabling cross-chain asset borrowing and earning interest, boasting over $400 million in total value locked.
Total Value Locked
Over $400 million in TVL
Supported Chains
Arbitrum and Binance
Security Audits
Blocksec, Zokyo, Peckshield, LayerZero and others

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What is Radiant Capital?

Radiant Capital is a DeFi protocol that facilitates interest earning and asset borrowing across multiple blockchain networks. It centralizes liquidity from various Web3 money markets into one streamlined platform. By locking $RDNT liquidity in RDNT Lockers, users earn interest and flash loan fees, while also enabling the lending and borrowing of RDNT emissions. The platform supports the accumulation of top-tier assets like BTC, ETH, BNB, and stablecoins, ensuring a smooth user experience.

Security and community governance are core to Radiant Capital's design. The protocol has undergone rigorous audits by firms such as Zokyo, PeckShield, and Blocksec, ensuring its security. It functions as an omnichain money market, leveraging LayerZero's cross-chain technology and Stargate Finance's stable router interface. This setup allows users to reclaim collateral from any supported chain.

The decentralized nature of the platform empowers the community to propose, vote on, and implement changes, guiding its future development.

Radiant Capital

How Does Radiant Capital Work?

Radiant Capital functions as an advanced omnichain money market within the DeFi sector, enabling users to effortlessly deposit and borrow assets across diverse blockchain networks. Leveraging LayerZero's cross-chain interoperability and integrating Stargate Finance’s stable router interface, Radiant's version one (v1) offers lenders the capability to reclaim their collateral from any supported chain and specify withdrawal percentages.

What is Radiant V2?

Radiant V2 represents a significant upgrade to the Radiant platform, boosting its cross-chain functionality and user interaction. The transition from the ERC-20 RDNT token to the LayerZero Omnichain Fungible Token (OFT) format enhances cross-chain fee sharing and provides native control over bridging contracts. This development, in collaboration with LayerZero and Stargate, also accelerates the rollout on additional blockchain networks.

In response to community input, Radiant V2 aims to optimize the utility exchange between lenders, borrowers, and the protocol. It refines the criteria for RDNT emissions to align with the "collective benefit" principle. This version implements major enhancements in protocol mechanics, emissions, utility, and cross-chain operations.

Radiant Capital Staking

Radiant Capital's native utility token, $RDNT, incentivizes users to provide utility as dynamic liquidity providers (dLP). Users lock LP tokens to activate RDNT emissions on their deposits or borrows, and share in platform fees captured in blue-chip assets. Liquidity mining involves claiming $RDNT emissions, which can be instantly zapped into locked dLP tokens or vested for three months. 

Early vesting claims incur a penalty, distributed to the Radiant DAO reserve and the Radiant Starfleet Treasury. To continue receiving platform fees, dLP tokens must be re-locked after their one to twelve-month maturity period.

Radiant Capital Staking

Is Radiant Capital Safe?

Yes, Radiant Capital is considered safe and trustworthy. The platform has successfully passed rigorous audits conducted by top-tier auditing firms such as Zokyo, Peckshield, and Blocksec. These audits ensure the robustness of the platform's security measures. Furthermore, the trust in Radiant Capital's safety and potential is reflected in the over $400 million total value locked (TVL) in the protocol. This significant TVL indicates a high level of investor confidence and trust in the platform's security and potential for yield.

Bottom Line

Radiant Capital is a secure and efficient DeFi protocol that enables seamless interest earning and asset borrowing across multiple blockchains. Its strong security, validated by top audits, and focus on community governance ensure reliability. With the enhanced cross-chain functionality in Radiant V2, it addresses user needs more effectively. The high total value locked (TVL) reflects strong investor confidence in its potential for yield and long-term success.

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