Radiant Capital

Halal Rating :
Uncomfortable
Contract: 0x137dDB47Ee24EaA998a535Ab00378d6BFa84F893
Last Price $0.03 Last updated:
Rank 665
1D Change 8.14 %
Market Cap $36.88m
Circulating supply 1,216,095,426
Maximum supply 1,500,000,000

Crypto Overview

Categories
  • DeFi
  • Ethereum Ecosystem
  • Binance Launchpool
  • Binance Labs Portfolio
  • Lending & Borrowing
  • Arbitrum Ecosystem
  • Base Ecosystem

Project Overview

Radiant Capital is a decentralized lending protocol built on the Layer 2 scaling solution Arbitrum. It allows users to borrow and lend digital assets across multiple blockchain networks.

Purpose and Utility

The RDNT token serves as a governance token for the Radiant Capital protocol, enabling holders to participate in protocol decisions. It also incentivizes liquidity providers through rewards.

Business Model

The core business model revolves around facilitating lending and borrowing of crypto assets, with users earning interest on deposits and paying interest on loans. The protocol generates revenue through fees on these lending activities.

Real-World Adoption

As of 2024, Radiant Capital has achieved significant adoption with over $300 million in Total Value Locked (TVL). The protocol has integrated with multiple blockchain networks and maintains active development.

Platform Development

The project maintains regular development activity with frequent updates to its protocol. The team consistently releases new features and security improvements.

Token Distribution

The RDNT token has a defined distribution schedule with allocations for team members, investors, and community incentives. Specific vesting schedules are in place for team and investor tokens.

Rating Justification

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