Radiant V2 (RDNT)
Total Value Locked$3.52m
| ||||||||
|
| $4.03m | |
| $2.86m | |
| $188,173 | |
| $159,979 | |
| $112,911 |
Protocol Information
Radiant v2 introduces a migration to the LayerZero OFT format, improving cross-chain fee sharing, enabling faster launches on additional chains, and allowing native ownership of bridging contracts. This update addresses utility exchange concerns and eligibility for RDNT emissions by implementing changes to core protocol mechanics, emissions, utility, and enhancing cross-chain functionality
Category:Lending
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.
Fees: Interest and liquidation fees paid by borrowers
Revenue: 75% fees earned by Radiant and token holders