RAD is the native cryptocurrency of the Radiant Capital decentralized finance (DeFi) platform. Here are some key points about RAD:$RAD
- _Symbol_: RAD
- _Consensus Algorithm_: Ethereum-based ERC-20 token
- _Total Supply_: 100 million RAD tokens
- _Circulating Supply_: Approximately 50 million RAD tokens
- _Use Cases_:
- Payment for interest and fees
- Incentivizing lenders and borrowers
- Governance and voting rights
- Decentralized finance (DeFi) applications
- _Unique Features_:
- Decentralized lending and borrowing platform
- Utilizes a unique interest rate model
- Growing ecosystem of DeFi applications
Radiant Capital aims to provide a decentralized and community-driven platform for lending and borrowing cryptocurrencies.
Current Price (approximate):
- Price: $2.50
- Market Cap: $125 million
- 24h Volume: $5 million
References:
1. Radiant Capital Website
2. CoinMarketCap
3. CoinGecko
Some potential use cases for RAD include:
1. Decentralized