Radiant initiated a proposal to optimize RDNT incentives, which will be modified to allocate 1.25 billion RDNT based on qRDNT

2024-09-02 15:17:01

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Odaily Planet Daily News Radiant has submitted proposal RFP-44, aiming to optimize RDNT Token supply and incentivize long-term Lock-up Position. The proposal adjusts the allocation strategy of RFP-35, no longer using qLP (Cross-Chain Interaction LP) as the allocation basis, and introduces a new allocation mechanism based on the total amount of user Cross-Chain Interaction Lock-up Position RDNT (qRDNT). The RFP-44 program plans to allocate 25% of the future additional token supply to Lock-up Position users, with a total amount of 125 million RDNT, to be distributed weekly over the next 104 weeks. The current proposal support rate is 99.93% and will end on September 5th.

RDNT1.58%

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