Radiant Capital launches on Ethereum and will airdrop 500,000 ARB tokens to 6-12 month dLP lock holders

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Cointime2023/11/02 03:36

By:Cointime

Multi-chain lending protocol Radiant Capital has been launched on Ethereum with support from LayerZero Labs, Stargate, and Balancer. They will airdrop 500,000 ARB tokens to dLP lockers on the mainnet for 6-12 months.

This airdrop is achieved through a snapshot of the Ethereum block, and the snapshot window will end within 30-60 days. The specific time will be kept confidential until the end to prevent manipulation.

Currently, 1 million dLP is locked on Ethereum, and the 500,000 ARB tokens to be distributed are not related to Radiant's recent short-term incentive plan from the Arbitrum Foundation. Instead, they use the remaining initial ARB tokens from March 2023.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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