Radiant Capital (RDNT)

Radiant Protocol, An Omnichain Money Market Protocol Built on LayerZero.

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl

High

Updated: Apr 05, 2023

Learn more about our rating

User Rating

Medium

3/5 • 1 votes

Claim your project

Ticker

RDNT

Type

Utility-token

Registration year2022

Launchpads

Binance

What is Radiant Capital

Radiant aims to be the first omnichain money market where users can deposit any major asset on any major chain and borrow various supported assets across multiple chains.

The Radiant DAO's primary goal is to consolidate the ~$22 billion of fragmented liquidity dispersed across the top ten alternative layers.

Lenders who provide liquidity to Radiant are interacting and providing utility to the platform. In addition, lenders can capture the added value from the communities’ engagement through the native token $RDNT.

Borrowers can withdraw against collateralized assets to obtain liquidity (working capital) without selling their assets and closing their positions.

The Radiant DAO utilizes the native utility token, $RDNT. By interacting and providing utility to the platform, users can capture the added value from the communities’ engagement through the native utility token $RDNT from borrowers and platform fees.