Radiant Submits RFP-44 Proposal to Optimize RDNT Token Supply
Radiant has submitted the RFP-44 proposal, which focuses on optimizing the supply of RDNT tokens and encouraging long-term lock-up by users. This proposal seeks to refine the allocation strategy previously outlined in RFP-35 by introducing a new mechanism that ties token distribution to the total amount of RDNT locked across various chains by users, referred to as qRDNT.
Key points of the RFP-44 proposal include:
Allocation Strategy: 25% of the future additional RDNT token supply, amounting to 125 million RDNT, will be allocated to users who lock up their tokens.
Distribution Plan: These tokens will be distributed weekly over the next 104 weeks.
Community Support: The proposal currently has a support rate of 99.93%, with the voting period set to conclude on September 5.
This proposal aims to bolster the RDNT ecosystem by incentivizing users to commit to long-term participation, thereby potentially enhancing the stability and value of the RDNT token.
