Question 1

What is RDNT?

Accepted Answer

RDNT is the native utility token of the Radiant protocol and an OFT-20 token. The OFT interoperability solution enables the same RDNT to be transferred natively among officially supported chains; it is not a separate, non-interoperable token on each chain. In Radiant's design, RDNT primarily connects money-market incentives, dynamic liquidity provision, and DAO governance: only market participants who meet the dLP locking requirements can activate the RDNT emissions associated with their deposits or borrowings.

Question 2

What is RDNT used for in Radiant?

Accepted Answer

RDNT's core role is to serve as an incentive medium for Radiant's long-term liquidity and money-market participation, rather than automatically granting all protocol benefits merely by being held. Users can activate eligibility for RDNT emissions from their deposits and borrowings only after locking eligible liquidity tokens as dLP. Locking dLP can also allow users to share platform fees formed from borrowing interest, flash loans, and liquidation fees, among others, according to the rules, and to obtain governance voting rights. Therefore, RDNT incentives, fee shares, and governance rights are all connected to the act of providing and locking dLP.

Question 3

What is dLP, and how does it work?

Accepted Answer

dLP (dynamic liquidity provision) is Radiant's mechanism for linking liquidity provision with long-term participation. Users first provide funds to a liquidity pool composed of paired assets and receive liquidity tokens, such as from an RDNT-ETH or RDNT-BNB paired pool; only after locking those liquidity tokens through the protocol do they form locked dLP. The locking step keeps liquidity in the mechanism for the agreed period. In exchange, locked dLP can activate RDNT emissions in the money market, provide a share of platform fees according to the rules, and confer DAO governance voting rights; users who only deposit without locking dLP can still receive the market's base interest rate, but are not eligible for additional RDNT emissions.

Question 4

How can users qualify for RDNT emissions?

Accepted Answer

To activate RDNT emissions for both deposits and borrowings, users must lock dLP worth at least 5% of the USD value of their deposits. The comparison is between the USD value of locked dLP and the USD value of deposits, not the borrowing amount or the amount of RDNT held. For example, when depositing assets worth $1,000, at least $50 worth of dLP must be locked to meet this threshold. Failing to meet the threshold does not invalidate the deposit: the user still receives the base APY under the market mechanism, but does not receive additional RDNT emissions.

Question 5

How are RDNT's supply and genesis allocation arranged?

Accepted Answer

RDNT has a total supply of 1.5 billion tokens. In the genesis allocation, 47.1% is allocated to supplier and borrower incentives and is planned to be released over five years; 30.9% is allocated to the Radiant DAO reserve. Other disclosed portions include: 13.3% for the team, released over five years with a three-month cliff; and 4.7% for core contributors and advisors, released over one and a half years. Total supply describes the total number of tokens, while release schedules determine when the respective tokens are planned to become available; the two should not be conflated.

Question 6

How does RDNT participate in governance?

Accepted Answer

Locking RDNT grants Radiant DAO membership and allows participation in proposal governance. The condition for membership is depositing any amount of RDNT into Radiant's multiFeeDistribution smart contract, thereby forming “locked RDNT.” Voting weight is proportional to the RDNT balance locked by that account: the more that is locked, the greater the voting weight on an individual proposal. This rule describes how voting power is calculated; it does not mean that locking RDNT itself is equivalent to receiving a share of platform fees, as the conditions for fee shares are set by the locked-dLP mechanism.

Question 7

How can RDNT emissions be claimed?

Accepted Answer

There are two claiming paths for RDNT liquidity-mining emissions. The first is to claim all emissions immediately, but the claimed RDNT must be paired with wstETH or BNB and converted and locked as dLP; therefore, it does not make all RDNT directly available as freely usable balance. The second is to choose a three-month vesting period. It can be claimed normally once vesting ends; if claimed early during the period, an exit penalty applies, and the reward actually obtainable is 10% to 75%, decreasing linearly over the three-month vesting period. The selected path changes the claim timing, locking form, and proportion actually received.

Question 8

What happens when a dLP lock period ends?

Accepted Answer

dLP can be locked for one to twelve months. After the lock period expires, users need to relock the relevant dLP tokens if they wish to continue receiving platform fees. The lock period links fee shares and emissions eligibility to continuously providing liquidity: expiration does not automatically extend the original locked status, so whether dLP is relocked affects subsequent eligibility.

Question 9

What is the relationship between Radiant's platform fees and dLP?

Accepted Answer

Platform fee shares come from fees generated by protocol activity, including loan interest paid by borrowers, flash-loan fees, and liquidation fees; official materials state that these fees are captured by dLP in blue-chip assets such as Bitcoin, Ethereum, BNB, and stablecoins. The prerequisite for sharing this amount is locking dLP. This is not the same condition as “holding RDNT” or “depositing in the money market”: the former concerns the platform-fee mechanism, while the latter can affect base market interest rates and, when the dLP threshold is met, eligibility for RDNT emissions.

Question 10

What is the difference between depositing, locking dLP, and locking RDNT?

Accepted Answer

Depositing, borrowing, locking dLP, and locking RDNT are distinct actions. Depositing or borrowing uses assets in the money market; locking dLP activates RDNT emissions and is associated with fee shares and governance rights; locking RDNT grants DAO membership and voting power calculated from the locked balance. The same user can perform these actions simultaneously, but one action does not automatically replace another. For example, locking RDNT alone cannot replace the 5% dLP threshold for activating money-market RDNT emissions.

Question 11

How should dLP lock APR be understood?

Accepted Answer

The displayed dLP lock APR is not a single fixed rate. Official materials define the “maximum one-year lock APR” as the one-month lock APR multiplied by a one-year lock multiplier of 25; therefore, this figure is contingent on a one-year lock period. The one-month lock APR is related to the share of annualized platform fees received by that locker and its share of the dLP pool size. It reflects a calculation based on fees and pool composition at that time and should not be regarded as a promise of future returns.

Question 12

What is the connection between Radiant usage and the RDNT mechanism?

Accepted Answer

The relationship between RDNT demand and protocol usage is not automatically one-to-one. The protocol's deposit and borrowing activity generates platform fees such as borrowing interest, flash-loan fees, and liquidation fees; meanwhile, the dLP mechanism requires users wishing to activate RDNT emissions to provide and lock liquidity. These mechanisms may affect demand for dLP, RDNT incentives, and on-chain operations, but the token's market price is also affected by tradable supply, liquidity, risk appetite, and other market conditions. Increased protocol usage alone cannot directly prove that RDNT's price must rise.

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