Invested by Binance and having 37 DAO contributors & advisors
They are primed for 3 potential airdrops like $LZ, as they’ve:
Generated $30M in fees
$350M in TVL
V3 upgrade
Here's my bullish thesis on $RDNT🧵
My TLDR bull thesis on $RDNT:
@RDNTCapital positioned well to receive $LZ airdrop
$RDNT has a higher beta, and lower market cap than $STG.
v3 launching soon- the first lending market geared to support 100’s of long tail assets across LSTs, AI, memecoins, gaming
Partnered with defi.app who is building the robinhood of DeFi
$RDNT dLP lockers are likely to receive a big airdrop
What is Radiant?
@RDNTCapital is an omnichain borrowing and lending protocol, also known as money markets, powered by Layer Zero & Stargate.
In this thread, I will breadown the key attraction points of RDNT 0.00%↑ and about its upcoming v3 that aims to accelerate growth.
In short v3 is an isolated risk markets for long tail assets including those of LSDs, RWAs, NFTs & memecoins.
Combining this with long/short strats, this will allow Radiant to tap into trending communities, build narratives, generate TVL and fees for dLPs
As the bull comes back, DeFi and lending activity also begins to increase.
A mass $100B market opportunity for lending protocols
Given this growing potential, Radiant v2 achieved:
10x the number of RDNT token holders and users.
#2 money market on Arbitrum in TVL
#1 in DAUs on ARB and BNB
#2 money market on BNB Chain in TVL
Consistently ranking in the top 3 for protocol revenue across all lending protocols on all chains, despite operating on only three chains.
Over $85M in dLP locked between Arbitrum, Ethereum, and BNB Chain deployments with the total market size peaking at $750M.
More than $25M in protocol fees generated since inception.
What makes Radiant unique?
Liquid Money Markets
First off, Radiant offers extremely liquid money markets across multiple chains. We're talking BNB, Arbitrum, and Ethereum Mainnet. This means you can hop between chains with ease, finding the best rates and opportunities without getting bogged down by network limitations.
Cross-Chain Compatibility for the Win
Radiant’s cross-chain compatibility made possible by LayerZero.
Dynamic LP
The introduction of dLP in v2 supercharges liquidity. By locking in dLP tokens, users reaping rewards like $RDNT emissions on deposits and borrows, a share in those platform fees, and governance.
Revenue sharing
With Uniswap recent revenue sharing proposal being approved, it was welcomed with across the board attention for revenue sharing tokens.
Radiant redistributes 85% of the fees generated by the protocol back to users.
Speaking of rewards, let’s break down the trifecta:
$RDNT Emissions: by depositing, borrowing, and earn $RDNT .
Platform Fees
Governance Power
Radiant v3
Radiant Capital is not new to the DeFi scene, but they're about to take things to a whole new level.
With Radiant v3, they're looking to revolutionize how we interact with DeFi platforms. We're talking a potential 10x increase in daily active users (DAUs), a major boost in user engagement, and a whole lot more TVL within the platform.
New Features
Radiant v3 have some standout features:
Radiant Innovation Zone (RIZ): Think of this as a playground for exploring new asset markets, including everything from LSDs and RWAs to NFTs and the latest memecoins. It's all about giving users the tools to make informed risk assessments and find high-yield opportunities.
Advanced Trading Options: Long or short assets without jumping through hoops? Radiant v3 is introducing a slick way to do just through "money market looping." Plus, they're integrating LayerZero
Dynamic Protocol Fee Distribution: Essentially, it means more money in your pocket during high utilization periods.
Dual Emissions and Auto-Convert Mechanisms: These features are all about enhancing yields and making life easier for token holders. Less fuss, more gains.
What this means for users:
More opportunities to make a profit through advanced trading strategies and new asset markets.
A smoother user experience, thanks to improvements like auto-compound fees and streamlined cross-chain interactions.
Partnership with DeFi.app who is building the Robinhood of DeFi, where $RDNT users can look forward to a $DEFI airdrop
My $RDNT Playbook
Since the peak bull will be around 2025, we have slightly more than 12 months to reap the full benefits of it.
Furthermore, with the launch of v3, which allows Radiant to be narrative reflexive, lets them pivot quickly to hot narratives.
This means a constant usage of the Radiant platform!
Will be holding my RDNT 0.00%↑ stack till the end of bull, easiest playbook!
Twitter: https://twitter.com/arndxt_xo/status/1774467661315092520