Radiant Capital launches on Ethereum and will airdrop 500,000 ARB tokens to dLP stakers who lock for 6-12 months

ChainCatcher message, the multi-chain lending protocol Radiant Capital has launched on Ethereum, supported by LayerZero Labs, Stargate, and Balancer. They will airdrop 500,000 ARB tokens to dLP stakers on the mainnet for 6-12 months.

This airdrop is implemented through a snapshot of Ethereum blocks, with the snapshot window ending within 30-60 days. The exact timing will remain confidential until the end to prevent manipulation.

Currently, 1 million dLPs are locked on Ethereum, and the 500,000 ARB tokens to be distributed are not related to Radiant's recently obtained short-term incentive program from the Arbitrum Foundation, but rather utilize the remaining initial ARB tokens from March 2023.