⢠UNI ā The governance token of @Uniswap, the leading decentralized exchange ⢠USDe ā @ethena_labsā synthetic dollar designed for stability and scalability ⢠tBTC ā @tBTC_project ās decentralized Bitcoin-backed asset on Ethereum
RDNT emissions are now live across all three markets!
Unlock the lending and borrowing potential of these assets at
Please share feedback on the Unlimited Allowance Exploit Losses through this important community survey. Input will guide the DAO's remediation strategy and ensure alignment with the communityās priorities.
New Arbitrum Core Markets: rETH & LINK Are Here!š„
Itās time to expand Radiantās horizons with the first batch of new assets: rETH, @Rocket_Poolās liquid staking token, and LINK, @chainlinkās native token powering the largest decentralized oracle network.
These new additions open the door to more lending and borrowing options on Radiant, allowing you to leverage some of the most well-known assets in the space.
Emissions for these new markets will be enabled next week.
RFP-51: The New Radiant Capital Economic Paradigm is now live for review and vote.
This proposal is a bold blueprint to rebuild trust, reduce inflation, and future-proof Radiantās economic engine. It is our coordinated response to the October 2024 exploitāand a proactive leap toward sustainable, competitive growth.
Key upgrades include:
šøDynamic Reserve Factors to align base yields with competitive market rates
šøDynamic Revenue Distribution to create sustainable lender and dLP rewards
šøWeighted Emissions Allocation for efficient RDNT emissions
šøRadiant Guardian Fund for electable contingency against prevailing DeFi risks
šøqRDNT/qLP stream phase-out and reallocation to remediation, the Guardian Fund and liquidity
šøTreasury diversification for financial resilience but without RDNT sell pressure
As part of the ongoing reserve factor optimization across all chains, a new batch of assets has been adjusted:
@arbitrum: USDC, WBTC, WETH
@BNBCHAIN: USDT, WBNB, BTCB
With this latest update, all markets on ARB and BNB now feature improved reserve factorsāallocating a greater share of borrower interest fees to depositors and making Radiant even more competitive and efficient!
New Security Upgrade āļø ā Limited Allowances Are Now Live
Radiant has now implemented limited allowances for asset approvals across the platform ā a meaningful security improvement aimed at further protecting users during interactions with smart contracts.
While unlimited approvals were once standard practice (especially when gas costs on Ethereum made individual approvals inefficient), the ecosystem and its accepted risks have evolved.
Following past events and lessons learned, this upgrade reflects Radiantās continued commitment to improving user protection and adapting security measures accordingly.
This change ensures that users maintain greater control over their funds and that asset permissions are more restrictive by default.
Security is a continuous effort ā and this is another step forward.
RDNT emissions have resumed on Base following the successful migration from Merkl (Angle) to the ChefIncentivesController (CIC).
Users can now track RDNT rewards in real-time, with previous APR display bugs fixed š§
No action neededājust vest rewards anytime via the "Manage" page.
Thanks to everyone in the community for your patience and support as Radiant DAO contributors continue to improve and optimize the protocol! Stay tuned for more updates.
Following the recent vault redeployment and a thorough review, the decision has been made to rework the RIZ vaults in the future.
This decision is based on the vaultsā limited utility in their current state. With only a few active RIZ markets, thereās little incentive for users to deposit into the vaults beyond an attractive APR. However, the current APY remains low due to the small number of RIZ markets, making RDNT emissions the only use-case.
Due to the vaults' infrastructure, these RDNT emissions were being distributed to depositors without enforcing dLP eligibility requirements, allowing anyone who deposited to receive them. This approach was deemed inefficient, unsustainable, and unfair to those who lock dLP.
Current Challenges:
š»No requirement for a dLP lock š»High maintenance costs š»Limited number of RIZ markets š»Bot allocates assets based on fixed percentages
Planned Improvements:
šŗRIZ Vaults will actively seek the highest yields within RIZ Markets šŗStreamlined and automated maintenance šŗAdding dLP lock requirement
The feature is expected to be improved in the future and release as RIZ Vault 2.0, while the current focus will shift to expanding RIZ market listings. Until then, the vaults will remain available but will no longer be displayed in the UI.
Users with vault deposits affected by the October incident can now use the latest checker to verify accuracy (Balance Checker: https://t.co/SyP1cEzZgl). A detailed post-mortem covering this process will be shared soon.
Thank you for your continued support and patience.
DAO Vote Live: RFP-50: Remediation Funding Methods for Depositors
After an agreeable and supportive 2-week ideation phase in the community forum, the proposal is now live for a 2-week governance vote. It seeks to ratify a series of treasury actions aimed at generating and securing additional funds to support the ongoing remediation plan and improving Radiant's prospects of receiving assistance from partners and regaining market adoption. These measures are designed to remediate users as effectively, efficiently, and creatively as can be accomplished, while rebuilding for true sustainability and differentiated market appeal.
Please support and be an integral part of our community relaunch š¤
The recently added BNB Chain markets ā USDC, ETH, wBETH ā are now streaming RDNT emissions. Eligible depositors and borrowers can start earning rewards right away.
These markets follow the same approach as the new markets on Arbitrum, featuring an optimized Reserve Factor that allocates a larger portion of borrower interest to depositors. Reserve Factor adjustments for other markets will be introduced gradually to improve platform efficiency.
RDNT EMISSIONS NOW LIVE FOR NEW MARKETS ON @arbitrum: USDT, wstETH, weETH, and ARB
Following their recent re-introduction, the new markets on Arbitrum ā USDT, wstETH, weETH, and ARB ā are now streaming fresh RDNT emissions for eligible depositors & borrowers.
Additionally, these markets feature a more efficient and competitive Reserve Factor, directing a larger portion of borrower interest toward depositors. Reserve Factor adjustments for other markets will be introduced gradually to ensure optimal efficiency across the platform.
Following recent reports regarding the Bybit exploit, new information has surfaced indicating that the attack originated from the Safe UI.
Given that Radiant uses Safe UI for its operations, all updates and deploymentsāincluding ongoing market restoration that was scheduled early this weekāwill be temporarily paused as a precautionary measure. Further updates will follow as the situation develops.