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BTC $63,552.04 +0.99%
ETH $1,897.16 +1.04%
BNB $603.72 -0.43%
XRP $0.9973 -0.20%
SOL $75.36 +0.26%
TRX $0.3316 +0.01%
DOGE $0.0699 +0.28%
ADA $0.1738 -1.36%
BCH $203.34 -0.29%
LINK $9.52 +2.20%
HYPE $59.15 +3.33%
AAVE $86.56 +0.61%
SUI $0.6749 -0.25%
XLM $0.1573 +0.31%
ZEC $510.11 +5.22%

The multi-chain lending protocol Radiant has applied for a grant of up to 3.36 million ARB from the Arbitrum short-term incentive program

2023-09-26 08:50:26

ChainCatcher message, the multi-chain lending protocol Radiant Capital has submitted a proposal to the Arbitrum DAO's Short-Term Incentive Program (STIP), seeking a grant of between 52,126 and 3,359,302 ARB before January 31 to incentivize new and existing users; to collaborate with existing protocols (GMX, Camelot, Dopex, and Plutus) to launch synergistic programs to enrich liquidity pools, enhance lending options, and promote a healthy options market; and to launch on the Ethereum mainnet. Among these, the 6-12 month dLP lock-up + incremental lending TVL ARB airdrop plan accounts for 0 to 2,380,952 ARB, while the strategic ecosystem plan accounts for 52,126 to 978,349 ARB.

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