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AMD $530.46 -6.41%

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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