Radiant Capital is a cross-chain DeFi protocol that specializes in lending. Their long-term mission is to enable $22 billion of crypto liquidity to freely flow across different blockchains, creating a seamless lending and borrowing experience for all users. The protocol is built on Arbitrum for the perfect combination of transaction fee, scalability, and security.
Radiant Capital was founded in 2022 by anonymous developers. The protocol has gone through two audits by PeckShield and Solidity Finance.
As a decentralized lending protocol, Radiant Capital lets lenders deposit funds to earn yields and borrowers take out loans against collateralized funds. The special thing about Radiant is that lenders can choose which chain to withdraw their assets and they can choose to withdraw a certain amount of funds to different chains. The interoperability feature of Radiant is created using LayerZero (an omnichain interoperability protocol) and Stargate (an asset bridge). All transactions in Radiant will involve the token RDNT.
The RadiantDAO will get to decide on which assets will be featured in the protocol.
RDNT is used for governance and utility on Radiant Capital. Its total supply is 1,000,000,000, and its circulating supply is 190,881,352.
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