Radiant Capital's new proposal proposes to shorten the unlocking period of 200 million RDNTs allocated to emission reserves from three years to two years.

2024-10-08 09:07:45

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PANews, October 8th news, Snapshot page shows that the multi-chain lending protocol Radiant Capital community is voting on the proposal of “accelerating the unlocking of RDNT to enhance the emission reserve and RIZ annual return rate”. The proposal aims to accelerate the unlocking plan of 200 million RDNT tokens allocated to the emission reserve, and shorten the unlocking period from three years to two years. This adjustment aims to increase the token issuance to support a higher annual return rate and attract more liquidity to enter the Radiant Innovation Zone (RIZ) market. By providing a more competitive annual return rate, this adjustment aims to expand liquidity and promote the development of RIZ on multiple blockchain networks. Currently, the opposition rate of this proposal is 91.03%, and the voting will end on October 15th.

RDNT4.08%

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