🚨 Breaking News: Radiant's Bold Move to Optimize RDNT Token Supply! 🚨
Radiant has just submitted an innovative proposal, RFP-44, that aims to reshape the RDNT token landscape. This strategic move is designed to optimize the token supply and strongly encourage long-term locking. In a significant shift from the previous RFP-35 strategy, Radiant will no longer use qLP (cross-chain LP) for distribution. Instead, a fresh allocation mechanism will be introduced, leveraging the total RDNT locked across chains by users (qRDNT).
🔒 What’s the Plan? 🔒
RFP-44 proposes to allocate a hefty 25% of future token supplies—equivalent to 125 million RDNT—to users committed to locking their tokens. This distribution will be phased out weekly over the next 104 weeks. With a remarkable support rate of 99.93%, this proposal is on track for a strong consensus, with voting wrapping up on September 5th.
Stay tuned as Radiant continues to drive innovation in the crypto space! 💥
