dLP

The Radiant Capital community has initiated a proposal vote on "Utilizing Strategic ARB Reserves to Incentivize Long-term dLP Lockers on the Mainnet," with an opposition rate exceeding 90%

ChainCatcher message, the multi-chain lending protocol Radiant Capital has initiated the voting for the "Utilization of Strategic ARB Reserve to Incentivize Long-term dLP Lockers on Mainnet" RFP-24 proposal, which will end at 04:16 Beijing time on October 26. Currently, the proposal has a disapproval rate of 92.88%, a support rate of 6.86%, with a total of 8.1 million participants, reaching the quorum.The proposal states that the RFP-18 proposal approved the allocation of 30% of the original ARB distribution (1,004,408 tokens) for strategic purposes. This proposal aims to utilize the remaining strategic ARB reserves of Radiant DAO to incentivize additional long-term DLP locking on the Ethereum mainnet, serving as an extension of RFP-18 to further stabilize and expand the liquidity pool of the Radiant protocol. This proposal is referred to as Starfleet Season 2.The snapshot is planned to begin immediately after Radiant launches on the Ethereum mainnet, and only dLP lockers with 12-month and 6-month locks will be eligible to participate in Season 2. Only dLPs locked directly through the Radiant protocol will qualify; dLPs locked through third-party yield aggregators will not be directly eligible. The strategic reserve of ARB tokens (1,004,408 tokens) in the RDNT DAO treasury will be allocated to Starfleet Season 2, with the allocation ratio for 12-month lockers being three times that of 6-month lockers.
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