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Radiant Capital · closed proposal

RFP-4: Dynamic Liquidity Provisioning - Core: Principles

0x5Be0…038E·ended 3y ago·MEDIUM RISK
Voters
1,765
RDNT voted
14.94M
≈$7.5K
Token price
$0.00

AI summary

This proposal introduces "Dynamic Liquidity Provisioning" (DLP) for Radiant v2. It requires users to lock up a certain percentage of their LP (Liquidity Provider) tokens, specifically 5% of their deposit's USD value, to earn RDNT token emissions as lenders or borrowers. This mechanism aims to ensure that those receiving rewards are also contributing to the protocol's liquidity. The 5% threshold will be reviewed regularly by the DAO.

Impact

If this proposal passes, users will need to hold and lock RDNT LP tokens to earn rewards, which could increase demand for RDNT and its liquidity. It aims to reduce 'mercenary liquidity' providers who only seek high yields without long-term commitment. Users who do not meet the 5% LP token requirement will no longer earn RDNT emissions, potentially reducing their overall returns.

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Voting results

Quorum
14.94M / 12.87M RDNT(116%)
✓ Quorum met
In favor14.55M (97.4%)
Against247.93K (1.7%)
Abstain141.60K (0.9%)
14.94M RDNT · ≈$7.5K · 1765 votersblock 47453406

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Radiant Capital

Abstract

  • RFP-4 proposes the implementation of Dynamic Liquidity for Radiant v2, in which users who lock up a certain percentage of their LP tokens (relative to the size of their deposit) will receive RDNT emissions as lenders or borrowers.

  • The proposed initial threshold for eligibility is 5% of the USD value of deposits. This would mean that for $100 in USD equivalent deposits, a user would need to have $5 equivalent of LP tokens to earn RDNT emissions.

  • This threshold will be reviewed quarterly (at minimum), based on the market conditions and preferences of the RDNT D…

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