Starting from 07:30 UTC on March 30, we officially list Radiant Capital Token (RDNT) on the ONUS application. Soon after RDNT is added, users can perform the following features:
- Off-chain transactions: Send and receive RDNT with other users in the ONUS network.
- Trade: Swap from VNDC or USDT to RDNT and vice versa.
About Radiant Capital
Capital in DeFi is extremely fragmented across chains, evidenced by the dozens of different money markets, all with their own liquidity. This liquidity dispersion creates a suboptimal borrowing and lending experience.
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. Radiant’s cross-chain interoperability functions using LayerZero messaging and Stargate’s stable router interface. For example, lenders may reclaim their collateral and can direct which chain to withdraw funds from and what percentage they’d like sent to each chain.
Currently, Radiant is the Lending project with the highest TVL and, ranked 3rd in the top projects with the highest TVL in the Arbitrum ecosystem, contributing significantly to Arbitrum’s TVL of nearly 2 billion USD.
Website: https://radiant.capital/.
What is RDNT Token?
RDNT is a native token of the Radiant Capital ecosystem, operating on Arbitrum according to ERC20 standard, and can be used to:
- Reward liquidity providers.
- Pay transaction fees, borrowing and lending fees on the platform.
- Users hold RDNT to participate in Radiant DAO governance.
Specifications
- Name: Radiant Capital Token
- Symbol: RDNT
- Platform: Arbitrum
- Standard: ERC-20
- Type: Utility, Governance
- Smart Contract Address: 0x3082CC23568eA640225c2467653dB90e9250AaA0
