What is Radiant Capital (RDNT)?

Deep Dive

1. Purpose & Value Proposition

Radiant addresses fragmented liquidity in DeFi by allowing cross-chain borrowing and lending without asset bridging. For example, users can deposit Bitcoin (via wrapped assets like wBTC) on Ethereum and borrow stablecoins on BNB Chain. This interoperability aims to optimize capital efficiency across ecosystems like Ethereum, Arbitrum, BSC, and Base.

2. Technology & Architecture

The protocol uses a multi-chain design with smart contracts deployed on each supported network. Key innovations include:
- rTokens: Interest-bearing tokens representing deposits (e.g., depositing ETH mints rETH).
- UNWIND feature: Simplifies closing leveraged positions with one click, developed using Furucombo’s lending SDK.
- Per-asset caps: Independent limits for deposits/borrowings per asset to manage risk and liquidity.

3. Tokenomics & Governance

RDNT tokens power governance and incentivize participation:
- Emission rewards: Distributed to users who lock "dLPs" (RDNT liquidity pool positions).
- DAO control: Proposals (e.g., RFP-33 to increase token supply) are voted on by RDNT holders.
- Security fund: A community-approved "Guardian Fund" acts as a reserve for extreme scenarios.

Conclusion

Radiant Capital is a cross-chain liquidity layer combining multi-chain lending with community-driven governance. Its success hinges on balancing innovative features (like UNWIND) with robust security—how will its roadmap adapt to DeFi’s evolving cross-chain demands?