Radiant Capital · closed proposal

RFP-9: Improve RDNT Liquidity and Expand POL - Protocol Mechanics

0x5Be0…038E·ended 3y ago

Voters

3,058

RDNT voted

18.53M

≈$9.4K

Token price

$0.00

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum

18.53M / 13.00M RDNT(143%)

✓ Quorum met

In Favor17.52M (94.5%)

Against749.99K (4.0%)

Abstain267.68K (1.4%)

18.53M RDNT · ≈$9.4K · 3058 votersblock 61921090

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0 votes > 5% VP

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Full proposal

Original markdown · Radiant Capital

Abstract

RFP-9 proposes a request for RDNT tokens from the RDNT DAO Reserve to expand Protocol Owned Liquidity (POL) as well as expand liquidity on current and future centralized exchanges and Radiant Protocol omnichain deployments

Motivation

At genesis of Radiant protocol, 30M tokens were minted to provide initial liquidity on Sushiswap, which served as the primary venue for obtaining RDNT, outside of emissions. 30M RDNT (3% of FDV) was the total amount initially allocated to liquidity in the genesis …

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