Radiant Capital aims to be the first omnichain money market to let users lend and borrow leading crypto assets across multiple blockchain networks. As of March 2023, the DeFi protocol is live on Arbitrbum and BNB Chain, with plans to support more ecosystems in the future.

Radiant Capital lets users provide liquidity and generate value, growing their crypto assets. Borrowers can withdraw crypto assets from the protocol against collateralized assets without selling their holdings and closing their positions.

Radiant supports cross-chain interoperability with the help of Layer Zero; the first version of the protocol leveraged Stargates stable router interface. The protocol has already undergone several security audits by Stargate and Layer Zero, making it secure and resilient to oracle manipulation.

The platform is managed by the Radiant DAO, a decentralized community of RDNT holders - its native token. RDNT also helps drive engagement among the Radiant Capital community.

Radiant v2, the latest version of the protocol as of March 2023, aims to usher in a new era in decentralized finance by solving several challenges plaguing DeFi 1.0, especially that of current emissions models that have failed to hold value over time. Radiant v2 is designed fundamentally to improve liquidity and make its services more accessible by targeting cross-chain operations.

With this in mind, the developers have migrated the current ERC-20 token RDNT to a LayerZero OFT (Omnichain Fungible Token). This move will make cross-chain interoperability and fee sharing more seamless, allow the protocol to expand to more blockchain networks faster, and support native ownership of bridging contracts instead of relying on third-party bridges vulnerable to hacks and exploits.

With the launch of v2, Radiant Capital has set a goal to become the DeFi protocol offering the lowest price-to-fee ratio in the crypto market even as it drives a seamless omnichain lending and borrowing experience. One of the ways it will achieve this is through its Dynamic Liquidity offering, where users will need to maintain a minimum 5% threshold of the total value of their deposit locked.

Radiant v2 will also support more than 20 assets as collateral, offering higher borrowing interest accruing for lockers. It also aims to unify the highly fragmented Web3 money market within its capital-efficient omnichain protocol in the future.

Radiant Capital was launched in July 2022 after being wholly bootstrapped by its team of developers. The core team working on the project paid out of their pockets for expenses such as development, marketing, security audits, and salaries.

Without any private sale, IDO, or VC involvement, the founding of Radiant Capital was firmly in line with the teams ethos of true decentralization and offering a completely unbiased experience. Work on Radiant v2 started almost immediately after the protocol launched on Ethereums Layer-2 network Arbitrum.

In January 2023, the team introduced Radiant v2 - their revolutionary plan to offer omnichain DeFi services to tackle the high level of fragmentation in the sector. A month later, Radiant Capital integrated Chainlink Price Fees to access accurate and secure decentralized price data to power its money market operations.

As of March 2023, Radiant v2 is expected to launch soon on what the team calls Migration Day. The Radiant Migration Wizard will help transfer v1 RDNT ERC-20 tokens to v2 RDNT LayerZero OFT tokens upon launch.

Radiant Capital is an intriguing crypto asset to consider for your investment portfolio, especially if you believe in the potential of decentralized finance. As an upcoming omnichain protocol that provides liquidity and supports users across multiple blockchain networks, there are several reasons why the price of RDNT could strengthen in the future.

As Radiant Capital expands to more blockchain networks, the number of supported crypto assets and overall liquidity on the platform could increase. This, in turn, could attract more users and drive up the demand for the RDNT token.

These positive developments could enhance investor confidence in RDNT as an investment, leading to a higher value for Radiant Capital crypto in the market. The RDNT token price could also benefit from a favorable outlook towards cryptocurrencies and the DeFi sector among investors.

While it is impossible to provide an accurate RDNT price prediction over any duration, you can monitor the following key fundamentals to gain a better understanding of the price action and volatility in the Radiant Capital token:

Level of Adoption

Expansion to new blockchain networks, addition of new supported crypto assets as collateral, and increased liquidity and trading activity can contribute to the value appreciation of RDNT crypto. Such developments drive on-chain activity on the Radiant protocol, increasing the demand for and price of the RDNT token.

Future Partnerships and Integrations

The announcement of new partnerships and integrations can also boost investor confidence in the RDNT token. As Radiant partners with more projects in the DeFi and crypto space, the price of Radiant Capital crypto could also rise.

Market Outlook

Positive sentiment among global investors towards cryptocurrencies and DeFi is crucial in driving bullish RDNT price movements. Conversely, a risk-averse or bearish sentiment could deter investors from cryptos and weaken the price of Radiant Capital cryptocurrency.

RDNT is the native token of the Radiant Capital protocol and serves the following purposes:

Governance Token

RDNT holders can become members of the Radiant DAO and enjoy voting rights. They can participate in the decentralized governance mechanism of the platform by voting on proposals regarding the future evolution of the protocol.

Incentive Token

Users who supply their LP tokens to Radiant receive rewards in RDNT tokens. The RDNT emissions incentivize dynamic liquidity providers (dLPs) who lend their tokens to increase the platform's liquidity.

Crypto Asset for Trading and HODLing

Trade Radiant Capital against other cryptocurrencies to profit from changing market conditions and volatility. You can buy or sell RDNT against other crypto assets or hold it long-term if you believe in the future potential of the Radiant protocol. Before trading Radiant crypto in the market, review the current price of the Radiant Capital token, RDNT's current market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the RDNT price chart.

The total supply of RDNT tokens has been set at 1,000,000,000. According to the RDNT tokenomics, the token distribution is as follows:

1. 54% of RDNT's supply has been allocated as incentives for supply and borrowers participating in the protocol.

2. 20% of the tokens were distributed among the project's team.

3. 14% of the RDNT token supply has been allotted to the DAO reserve.

4. 7% of tokens went to the core contributors and ecosystem.

5. 2% of the RDNT supply was issued for the treasury and LP.

6. 2% of the token supply has been allocated for incentives in Pool 2.

Radiant Capital has announced formal partnerships and integrations with leading businesses in the crypto industry, including LayerZero, Chainlink, Lido Finance, Arbitrum, and Balancer Labs.