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Radiant Capital has completed the second snapshot, and approximately 1.3 million ARB will be allocated to eligible dLP lock-up users

2023-07-18 13:08:55

ChainCatcher message, the multi-chain lending protocol Radiant Capital conducted the second snapshot for the proposal "RFP-18: Radiant DAO Treasury ARB Allocation Strategy Application" on July 18 at 1:00. dLPs that meet the airdrop conditions must be locked on Arbitrum and BNB Chain for 6 - 12 months between the first snapshot (May 18 at 2:00) and the second snapshot to be eligible to share 1.3 million ARB. Subsequent governance proposals will vote on the airdrop allocation weights, and if the proposal passes, a corresponding page will be launched where eligible users can claim on Arbitrum.

Previously, ChainCatcher reported that 40% of the 3,348,026 ARB tokens granted to the Radiant DAO Treasury by the Arbitrum Foundation will be airdropped to the corresponding eligible dLP lockers, 30% of the ARB will be allocated to dLP lockers on Arbitrum, and 30% will be reserved as a strategic reserve for future DAO use. (source link)

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