RFP-10: Expand POL Through Automated Pool Manager [Protocol Mechanics]
AI summary
This proposal, RFP-10, aims to increase Radiant Capital's Protocol Owned Liquidity (POL) across all chains where Radiant operates. POL refers to liquidity that the DAO itself controls, rather than relying on external providers. The proposal seeks to achieve this by utilizing an automated concentrated liquidity pool manager, with two potential partners being considered: Arrakis Finance and Gamma Strategies. The DAO will allocate 5 million RDNT tokens to either one or both of these partners to manage this liquidity.
If passed, Radiant Capital will gain more control over its liquidity, potentially leading to more stable trading conditions for its token. The DAO will allocate 5 million RDNT tokens (worth approximately $1.1 million at current market prices) to either Arrakis Finance, Gamma Strategies, or split between them, to manage this new liquidity. The specific financial terms with the chosen partner(s) are yet to be finalized.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Abstract
RFP-10 aims to deliver on the objectives of RFP-9 by expanding Protocol Owned Liquidity (POL) on all chains where Radiant is deployed.
Motivation
At present, Radiant's DEX liquidity is largely supplied by external liquidity providers, while the platform holds only a nominal amount of POL. The objective of RFP-10 is to expand Radiant's protocol owned liquidity through an automated concentrated liquidity pool manager.
For historical context, two partners are un…