We're back with an update after the excitement of the @ethereum launch!
Let's check out what's been brewing in the developer world and what's next. 🧵
#RadiantUpdates #MainnetMagic
Gas costs? The dev team slashed them by 70% and then a further 25-50%!
Thanks to some genius minds from @OpenZeppelin and independent auditors like @pashovkrum, @0xriptide, & @PopPunkOnChain, all these changes are now audited. 🎉 🧵
Exciting stuff alert! Starfleet Season 2 is in full swing, & guess what?
500,000 ARB is about to rain down on new, eligible 6-12 month dLP lockers on Mainnet! ☔️
Get ready for Starb Wars: up to 2.8M ARB STIP incentives hitting @Arbitrum soon! 🧵
After nearly $7m in fees from 32,000 users and quickly becoming the number one cross-chain borrowing & lending protocol - the DAO’s vision is simple:
Achieve a Singularity Event.
A moment in time where platform fees exceed emissions
A future where Radiant is DeFi’s #1 lending protocol, bridging the billions in fragmented liquidity between every major blockchain - with the ability to borrow against 100s of different assets.
In that future, Radiant could explode in platform fees…
...and the hope is that, one day, these fees will exceed emissions.
But will the DAO ever achieve that? That’s the test. That’s the bet the DAO is making.
The DAO's shared Singularity goal is worth fighting for... and utility will continue to be added until it is reached.
Then a final internal test to ensure everything is working completely.
Estimated Feb. 21 @arbitrum launch & migration, then @BNBCHAIN the following week!
What do you need to do prior? 🧵1/4
Nothing at all!
The design team has tirelessly worked on a step-by-step migration wizard with video explainers to ensure the process is seamless for ecosystem users upon migration day. 🧵2/4
What changes in V2?
Dynamic liquidity provisioning, eligibility thresholds, bounties, OFT-20, zapping, disqualifications, variable lock lengths with APR multipliers, and new collateral assets, to name a few! 🧵3/4