Protocol for multi-chain lending Voting on the RFP-24 proposal, which attempts to encourage long-term dLP lockers on the mainnet utilising tactical ARB reserves, has been started by Radiant Capital. At 04:16 Beijing time on October 26, the voting period came to a close. With 8.1 million voters, the initiative has currently attracted the required number of participants (92.88% against, 6.86% in favour).
According to the proposal, 30% (1,004,408 tokens) of the original ARB were approved for distribution for strategic objectives in the RFP-18 proposal. With the help of Radiant DAO’s remaining strategic ARB reserves, the RFP-24 plan seeks to encourage more long-term DLP lock-ins on the Ethereum mainnet. In order to further stabilise and enlarge the Radiant protocol liquidity pool, this acts as an extension to RFP-18.
The snapshot plan is scheduled to start as soon as Radiant becomes up on the Ethereum mainnet. Only dLP lockers sealed directly through the Radiant protocol and with 12-month or 6-month terms are acceptable for Season 2. Third-party yield aggregator-locked dLPs will not be immediately eligible. Starfleet Season 2 will get the strategic ARB token reserve (1,004,408 tokens) from the RDNT DAO Treasury, with the allocation ratio for 12-month lockers being three times that of 6-month lockers.