Radiant V2 (RDNT)
Total Value Locked$181.91m
| Arbitrum | $86.09m |
|---|---|
| BSC | $81.57m |
| Ethereum | $14.26m |
| Include in TVL (optional) | |
|---|---|
| $144.24m | |
| $74.93m |
| $144.24m | |
| $122.35m | |
| $17.99m | |
| $13.49m |
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
Forked from:AAVE V2
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 paid by borrowers
Revenue: Percentage of interest going to treasury
Hacks
Date:1/2/2024
Amount:$4.5m
Classification:Infrastructure
Technique:Flashloan New Market Exploit
Chain:Arbitrum
Returned Funds:$0
Source