Multi-Chain Lending Protocol Radiant Capital’s Proposal on “Using Strategic ARB Reserves to Incentivize Long-Term dLP Lock-Up Users” Has an Oppositio
The governance platform, the multi-chain lending protocol Radiant Capital has launched the RFP-24 proposal vote to "incentivize long-term dLP lockers on the mainnet using strategic ARB reserves." The vote will end on October 26th at 04:16 Beijing time. Currently, the proposal has a 92.88% opposition rate, 6.86% support rate, and 8.1 million proposal participants, reaching the required number.
The proposal states that RFP-18 approved the allocation of 30% (1,004,408 tokens) of the original ARB for strategic purposes. This proposal aims to use the remaining strategic ARB reserves of Radiant DAO to incentivize additional long-term DLP locking on the Ethereum mainnet, as an extension of RFP-18, to further stabilize and expand the liquidity pool of the Radiant protocol.
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