Eli5DeFi Profile picture
Mar 19, 2023 8 tweets 4 min read Read on X
If you have a strong interest in the @arbitrum ecosystem, then you are likely familiar with @RDNTCapital and their v2 release.

We are excited to provide an informative #visualthread to help you gain a comprehensive understanding of this groundbreaking update.

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Before we move forward, please note that this thread merely aims to share our understanding of the topic and should not be taken as financial advice.

Disclosure: This post is under a partnership with the @RDNTCapital team.

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In this visual thread we will cover as follows:
- Radiant Capital v1
- The Liquidity Mercenary
- Radiant Capital v2
- What is dLP?
- Vesting & Zapping
- dLP Flywheel
- Bounty Hunters
- Collateral Expansions
- Radiant v2 Sustainability

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@RDNTCapital v1 paved the way for the first secure and efficient omnichain money market on Arbitrum. With v2, it will bring fragmented liquidity across multiple money markets and chains together.

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Radiant v1 rewards participants with $RDNT to capture economic value. This delays sell pressure but doesn't fully mitigate Liquidity Mercenaries which only seeks quick reward turnover.

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Radiant Capital v2 expands the protocol to other chains (starting with BNB Chain) and updates $RDNT emission structure with Dynamic Liquidity Provisioning (dLP) to foster growth and better align network participants while ensuring protocol's resiliency.

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Dynamic Liquidity Provisioning (dLP) is a new DeFi concept to reward users who add value to the protocol and discourage liquidity mercenaries. Users must lock 5% of LP tokens (in USD value) relative to their deposits to encourage sustainable value capture.

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Zapping is a way to participate in dLP by adding LP tokens to a pool with a variable lock-in period (1 month - 1 year). Zappers earn platform fees that can be redeemed immediately, but $RDNT token vesting takes 90 days and early exits may incur a penalty (10-75%).

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More from @eli5_defi

Oct 29
$ETH may not seem captivating right now, but have you heard of Atomic Composability (AC)?

This concept could revolutionize transaction processes and spark fresh innovation on $ETH.

Let's explore further 🧵

...

— 📌 WTH is Atomic Composability?

In L1 AC, transactions involving multiple smart contracts between rollups (L2s) and Ethereum (L1) can be bundled to either all succeed or fail.

This is essential for executing multiple actions (e.g., borrowing, swapping, lending) with the assurance that if one fails or conditions aren't met, the entire transaction is reversed, avoiding unwanted state changes.

...

— 📌 Why Is AC Important?

▶️ Security
Ensures that complex transactions don't leave the system in an inconsistent state due to partial failures.

▶️ Hyper-Efficient
Reduces the need for multiple individual transactions, saving on gas fees and time.

▶️ Innovation-Enabler
Enables the creation of more complex financial products or services in DeFi, like flash loans and seamless cross-chain transactions.

But AC still faced challenges in technical implementation—until TEEs and UniFi entered the scene.

...

— 📌 AC + Multiprover Trusted Execution Environments (TEEs) = UniFi

In our previous post—linked below—we delved deeply into Trusted Execution Environments (TEEs).

Think of them as secure, tamper-resistant vaults immune to external interference.

Their primary mission revolves around task execution and privacy assurance. No matter who operates within them, TEEs promise accurate outcomes for every task undertaken.

@puffer_unifi from @puffer_finance bring AC to realities by implementing Multiprover AC:

▶️ Diverse TEEs ensure top-notch precision and privacy in execution
▶️ Prioritize L2 tasks with swift L1 settlements
▶️ Ensure atomic operations with trades executed post TEE approvals, bypassing extended withdrawal waits seen in ZK and Optimistic rollups

...

— 📌 Wrap-Up

Puffer UniFi successfully integrates Multiprover TEEs, offering effective solutions for AC implementation challenges.

With the Testnet launching soon, I am eagerly anticipating how UniFi-based rollups and the ecosystem will make Ethereum great again.Image
▶ @puffer_unifi goes beyond just Atomic Composability, envisioning an entire L2-based Rollups ecosystem utilizing Preconfs and employing UniFi AVS from @eigenlayer.
▶ If you're curious and want to dive deep into TEEs, please check our previous post here ⤵️
Read 5 tweets
Oct 15
There is one single problem with L2 rollups.

Imagine neighbors who live side by side but never chat—awkward, right?

Can these rollups finally break the silence and connect effortlessly?

Let's explore 👇 Image
The post will cover:

1️⃣ Scaling with Rollups
2️⃣ The Superbuilders
3️⃣ What is @nodekitorg?
4️⃣ Why Nodekit's Javelin?
5️⃣ How Javelin Works
6️⃣ SEQ and Sidecar
7️⃣ Why Javelin Matters?
8️⃣ Fundraising and Backers
9️⃣ Enter The Composable Cult
▶ Scaling with Rollups

Layer 2 solutions are tackling Ethereum's blockspace constraints. According to @l2beat, in the past 2 years, over 100 rollups have emerged, with more than 80 in development, accumulating a total TVL of ~$36B.

However, this introduces certain challenges:

▶️ Fragmented liquidity
▶️ Suboptimal user experience due to transactions across different L2sImage
Read 10 tweets
Sep 14
This Week in Crypto is lit:

Friendtech’s contract renounced, $cbBTC drops, Vitalik's selling spree, Cryptopunk heist, 700+ events at @token2049, and a new anime twist from @Azuki.

And that's just the start!

Dive into the Highlights! ⤵️ Image
1/ @friendtech renounces its contract.

@vaneck_us closing Ethereum Futures ETF

2/ @vaneck_us closes their Ethereum futures ETF
Read 49 tweets
Jul 30
Vitalik's vision for Ethereum? ZK-rollups as the endgame.

But when and how do we get there?

Sooner than you'd expect.

Let's dive in 🧵
The post will cover:

1️⃣ ZK-Rollups Challenge
2️⃣ Computation Issue
3️⃣ @LumozOrg
4️⃣ Full ZK Suite
5️⃣ zkVerifier Nodes
6️⃣ How to Get Nodes in @FjordFoundry
Amid the Layer-2 surge, ZK-based rollups have emerged as the most secure—yet they hit a snag.

Computation.

ZK-rollups demand hefty computational power from provers to generate validity proofs, driving up transaction costs and infrastructure cost. Image
Read 22 tweets
Jun 7
RWA is set to become a generational wealth opportunity.

By 2030, around $10.9 trillion will be invested in RWA.

However, not all chains are ready for this change.

@Algorand is the exception.

A 🧵 Image
This post will cover:

1️⃣ How Big RWA will Be?
2️⃣ But Why Do Traditional Business Need to Switch to RWA?
3️⃣ Algorand - The Native Infrastructure for RWA
4️⃣ RWA Project in Algorand
5️⃣ Real Estate
6️⃣ Art, Books and Music
7️⃣ Stocks, equities and commodities
8️⃣ Stablecoins and EMTs
9️⃣ Alternative Assets and Data
➤ How Big RWA will Be?

@RolandBerger and @21co__ estimate that RWA will reach approximately $10.9 trillion by 2030.

This estimation is based on the assumption that RWA will capture ~10% of the net assets of regulated open-end funds.

To put it simply, RWA is expected to become a prominent sector in the future, offering numerous opportunities.Image
Read 16 tweets
Jun 7
The growth of Aptos ecosystem has been remarkable.

If you're feeling FOMO but are unsure of where to start

This guide will take you down to the Aptos rabbit hole.

A 🧵 Image
This post will cover:

1️⃣ Aptos Brief Introduction
2️⃣ Aptos Infrastructure
3️⃣ Move VM
4️⃣ Aptos in Numbers
5️⃣ Aptos is For Everyone
6️⃣ Start Your Aptos Journey
7️⃣ Aptos Ecosystem
8️⃣ AI x Aptos
➤ Aptos Brief Introduction

@Aptos is a modular, high-performance Layer-1 blockchain that utilizes the AptosBFTv4 consensus protocol, based on delegated Proof-of-Stake (DPoS).

In addition, Aptos incorporates other innovative tech stack:

➡️ The Quorum Store mempool protocol
➡️ The Block-STM parallel execution engine
➡️ Move VM.

These features allow Aptos to achieve scalability, reliability, and upgradeability as its fundamental principles.Image
Read 16 tweets

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