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ETH $1,881.87 -0.22%
BNB $607.73 -0.42%
XRP $1.00 -1.07%
SOL $75.38 -0.81%
TRX $0.3322 -0.60%
DOGE $0.0699 -0.32%
ADA $0.1799 -1.49%
BCH $205.80 -0.37%
LINK $9.17 +3.48%
HYPE $56.33 -1.92%
AAVE $86.34 -2.34%
SUI $0.6820 -0.89%
XLM $0.1580 -1.00%
ZEC $491.92 +0.18%

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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