Radiant

2023

October 6: Radiant STIP proposal voting goes live

• Up to 2M $ARB airdrop to new dLPs on Arbitrum
• GMX v2 Radiant lenders airdrop
• Camelot v3 + Dopex v2 $RDNT/ETH incentives
• $plsRDNT incentives

October 3: Mainnet deployment is delayed

• The team identified opportunities for significant gas optimizations. It’s imperative to ensure competitive gas costs to deliver an optimal user experience.

September 20: Partnership with CamelotDEX

• Camelot is an Arbitrum native DEX.

September 19: Bithumb Exchange lists $RDNT

• Bithumb is one of South Korea‘s largest crypto exchanges, with $205 million daily trading volume and 170+ listed cryptocurrencies.

August 21: Partnership with Furucombo

• Furucombo is a multi-chain DeFi aggregator designed to simplify, optimize, and automate complex DeFi transactions.

August 4: Launch of the Radiant Risk Monitoring and Alerting platform

• An e2e analytics and observability tool, supporting Radiant on Arbitrum & BNB Chain.

July 25: Radiant’s one-year anniversary bash

• An extraordinary campaign event brimming with excitement and exclusive rewards totaling over $5,500 in RDNT that will be raffled off, along with four captivating limited-edition anniversary NFTs powered by Galxe.

July 20: Binance Labs announces a $10M investment

• This strategic funding round emphasizes Binance Labs’ commitment to supporting innovative projects that will lead the next era of DeFi.
• The funds raised will be put toward further tech development to expand on numerous EVM chains and full LayerZero messaging support among other product developments.

July 18: The DEV UPDATES series launches.

• A series of announcements to keep users posted on what the dev team is up to, completed milestones, major current tasks, and coming challenges for the Radiant universe.

June 30: Partnership with Stella.

• Stella is a leveraged strategies protocol with 0% borrowing cost. Lenders can share fees from the borrowers- the more the borrowers get, the more the lenders receive.

June 22: Partnership with Magpie’s Radpie.

• A yield optimization solution that enhances the core functionalities of Radiant Capital.
• Unlock the full potential of dLP, activate RDNT emissions, streamlined governance, and a seamless Radiant experience.

June 5: New members join the team.

• Product Development Lead, Dan, and Lead Developer, Fresh Pizza.

May 25: Partnership with Phishfort.

• A managed service for finding and removing phishing websites, malicious apps, and social media content.

May 24: Partnership with Sentiment.

• Sentiment is a liquidity protocol enabling on-chain permissionless undercollateralized borrowing.

May 19: New CRM ticket support system launches.

• The new enterprise-grade CRM system is set to replace the existing Discord help ticket system, enabling the dedicated staff to triage, diagnose, and escalate any technical issues more accurately and effectively, ensuring a faster turnaround time.

May 11: Partnership with Plutus DAO.

• plsRDNT-RDNT pool on Chronos Finance.

May 9: RDNT is added to Binance Auto-Invest.

May 4: Chronos Finance allocates 600 veCHR to random Radiant DAO voters.

• A community-owned decentralized exchange (DEX) and liquidity provider constructed on the Arbitrum Layer 2 (L2) network, aimed at fostering DeFi growth through sustainable liquidity incentives.
• Only voters who participated in RFP-15.

May 2: RDNT is listed on Binance Liquid Swap.

• Users can earn RDNT and BNB Combo Rewards by adding liquidity into the RDNT/USDT and RDNT/BTC liquidity pools on Liquidity Farming during the Activity Period.
• Activity Period: 2023-05-02 13:00 (UTC) to 2023-05-31 23:59 (UTC)

April 23: ARB & wstETH is enabled for lending and borrowing.

• dLP lockers on Arbitrum will also begin receiving platform frees in these tokens.

March 30: RDNT is listed in the Binance Innovation Zone.

• The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.

March 30: A bug bounty program in collaboration with Immunefi is launched.

• Immunefi is an audit software security firm.

March 28: Radiant v2 goes live on BNB Chain.

March 21: $plsRDNT by PlutusDAO goes live.

• Plutus is an Arbitrum-native governance aggregator aiming to maximize users’ liquidity and rewards while aggregating governance behind the PLS token.

March 20: $RDNT is listed on OKX.

• OKX is the second-largest global crypto exchange by trading volume and a leading Web3 ecosystem. 

March 19: Radiant v2 goes live.

February 28: $RDNT is listed on Kucoin.

• The KuCoin platform was designed for investors of all types, with 24/7 world-class services in your preferred channel and language.

February 22: $RDNT is listed on Huobi.

• Huobi Global is an international digital asset exchange in over 100 countries. Founded in China in 2013, the platform works with global clients and provides trading and investment services to users worldwide.

February 7: $RDNT is listed on ByBit Exchange.

• Established in March 2018, Bybit offers access to over 100 assets and contracts across Spot and crypto derivatives like Futures and Options, launchpad projects, earn products, an NFT Marketplace, and more. 

February 5: $RDNT is listed on LBANK.

• LBank is a Hong Kong-based centralized exchange (CEX) platform established in 2015.

January 19: Partnership with Trader Joe is announced.

• Trader Joe is a DEX on the Arbitrum & Avalanche networks.

January 16: Radiant v2 is introduced.

• Radiant v2’s goal is to generate more fees for lockers in a sustainable manner whilst continuing to offer a seamless omnichain lending experience.
• V2 will see significant improvements in the following:
  • Tokenomics.
  • Seamless cross-chain borrowing within minutes.
  • Higher barrier to entry for emissions.
  • Multiple new chain launches.
  • LayerZero Labs OFT implementation.
  • New mechanics to propel v2 to DeFi’s most fee-generating protocol.

January 14: $RDNT is listed on CoinEX.

• Founded in December 2017, CoinEx is a global cryptocurrency trading platform, providing Spot, Margin, Futures, Swap, AMM, Financial services, and other trading functions. 

2022

December 9:  The governance forum goes live.

• The Radiant DAO governance forum opens for registration, a launchpad for all community-initiated Radiant Foundation Proposals (a.k.a. RFPs).
• The RFP section is token-gated to all members of the Radiant DAO.

November 17:  InsureDAO launches on Arbitrum with cover for Radiant Capital’s platform, up to $25,000 of initial underwriting capacity. 

• InsureDAO is a permissionless insurance protocol that allows anyone to create an insurance market.

November 15: Radiant is now live on Token Terminal.

• Token Terminal is a platform that aggregates financial data on blockchains and decentralized applications (dApps) that run on blockchains.

November 2: $RDNT is supported as collateral on the YDF perps platform.

• Yieldification Is a real yield DeFi NFT utility protocol with a unique NFT integration & perpetual futures trading.

October 31: $RDNT is listed on BKEX.

• As the world’s leading blockchain financial derivatives service platform, BKEX has been online for less than one year, providing services to 1.8 million users in 208 countries around the world.

October 20: Two new additions to the Radiant DAO.

• Isaac Prada will serve the DAO as Radiant’s Director of Communications & Project Management. 
• Aaron “CryptoCycles” will be serving the DAO as PR Manager.

October 14: A discord announcement provides the following updates.

• A new full-stack developer, Roy, is hired.
• GitBook documentation is updated to include a new section outlining the governance initiatives in RFP-1, bridging and partnership pages, and various updates to the copy to ensure the information is up-to-date.
• The Radiant DAO now has a Dework bounty board 
  • Dework will enable the DAO to crowdsource bounties, and goal-oriented tasks, with payment and processing handled on-chain.
• Beefy Finance will launch “Beefy Boosts,” which will vault supply-side assets. 
  • This boost is healthy for the protocol since more users will be able to borrow. 
• InsureDAO will launch on Arbitrum this month with plans to support insurance for Radiant Capital’s platform, with $20,000 of initial underwriting capacity. 

September 24: RFP-2 goes live. 

• The proposal addresses the reduction to $RDNT emissions on Arbitrum in order to best prepare the Radiant ecosystem for expansion into other networks, as well as for long-term sustainability.
• Emissions reductions include:
  • Arbitrum Lending/Borrowing Emissions: -50%
  • Global Ecosystem/Core Contributor Emissions: -50%
  • Global Team Tokens: -50%
  • Radiant DAO Reserve wallet is a recipient of the excess emissions as outlined in RFP-2.

September 21: $RDNT is listed on AscendEX.

• AscendEX is a financial platform built by Wall St investors with over a century of experience combined that offers solutions for investing, trading, & earning to help users maximize returns.

September 16: Details for Radiant’s proposed framework for a DAO-based governance is unveiled.

• The key mechanism for enacting significant protocol change is the Radiant Foundation Proposal (RFP). RFP is an actionable document proposing a new feature, project, activity, goal, or amendment.
• Radiant’s Inaugural DAO Proposal, RFP-1 goes live. 
  • The proposal, should it pass, will instate this DAO framework as outlined in the proposal and serve as a “constitution” for governance, going forward.
  • The proposed governance workflow will be: RFP Idea submission → Community discussion → Approval → On-chain vote.
  • The sole requirement for membership in the DAO is to have ≥1 $RDNT tokens locked in the protocol. A user’s balance of locked $RDNT will proportionally represent their voting weight on all RFPs.

August 25: Radiant publishes an article detailing its cross-chain plans.

• BNB Chain launch.
• All Protocol fees will be shared cross-chain among all $RDNT lockers, paying users in hard assets (BTC/Stables) via Layer Zero enabled cross-chain interoperability.
• Emissions reductions in 10 days or less.

August 4: Sushiswap emissions for $RDNT/WETH pool are reduced by 85% in accordance with Phase two.

July 29: All smart contracts are placed behind a timelock with a 2 days delay.

July 25: Radiant discord opens and $RDNT is listed on CoinGecko.