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Radiant Capital: previous remaining bad debt of about 720 ETH has been repaid

Radiant Capital: previous remaining bad debt of about 720 ETH has been repaid

2024/03/14 16:19
DAO-0.33%ETH-0.26%RDNT-0.18%

Radiant Capital said in a post on the X platform that it has completed the repayment of the remaining bad debt of approximately 720 ETH, and that the next step in its plan is to launch Radiant v3. The announcement comes on the heels of an announcement in January that it had successfully repaid the initial bad debt of 1,190 ETH, with approximately 720 ETH remaining in accordance with RFP-27, and that the remaining bad debt would be repaid within the next 90 days through the use of OpEX funds if liquidity could be made available more quickly. According to RFP-27, the remaining bad debt will be repaid within the next ~90 days through the use of OpEX funds, as well as the use of DAO reserve funds if liquidity can be made available more quickly.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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