Is Radiant (crypto) legit or a scam token?Radiant (RDNT) is definitely a legit coin. It’s also quite interesting as an investment or trade at the moment. Let’s start with the problem it solves.1 The Problem It FixesLiquidity is presently fragmented across crypto chains. If you have $10,000 on Ethereum (ETH), it’s not accessible on Arbitrum (ARB) even though ARB is a Layer 2 protocol built on top of ETH.This holds for almost any blockchain system. LayerZero is a basic infrastructure that allows for the transfer of such liquidity.Radiant Capital is the specific protocol that allows you to deposit on one blockchain, say Binance (BNB), and then borrow on Optimism (OP).This is a key problem that it’s solving as a result.2 The OpportunityWhat makes them interesting at the moment is that they have an Arbitrum (ARB) airdrop for users.Although this supports previous users, this will make the protocol more established and validate the approach they’ve taken. Also, because they use LayerZero, which has yet to release its airdrop, new users are likely to receive those allocations.3 TokenomicsThe protocol achieves high yields in part through the emission of new tokens — so oncoming users will face about 3x coin dilution over the lifetime of such emissions. Anything under 5x is investible. Here’s the schedule from Token Unlocks.The team only really starts to receive their incentive unlocks in April of 2025.4 EstimatesLet’s assume 2x the current market cap and suppose you aim to sell this before April of 2025. That puts its valuation at $150m.10x that amount would put it at $1.5b and in the last bull run, Uniswap (UNI) achieved a market cap of $22.5b. Given the depth of the problem RDNT solves, I think that reaching 1/15th the value of UNI in a bull run seems quite reasonable.Happy Trading!$BTC $ETH $ARB $RDNT $BNB#bitcoin #BNB #ARB #Ethereum #RADIANT Disclaimers and DisclosuresThis post is provided for educational and entertainment purposes only and should not be relied upon for business, investment, taxation, or legal advice. You should consult your own advisors for those matters. References to any securities or digital assets are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by 1.2 Capital Management. (An offering to invest in a 1.2 Capital Management fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation--all of which should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by 1.2 Capital Management, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results.The views expressed here are those of the individual author and are not the views of 1.2 Capital Management, 1.2 Labs, or their affiliates. Certain information contained herein has been obtained from third-party sources. While taken from sources believed to be reliable, 1.2 Labs and affiliates have not independently verified such information and make no representations about the enduring accuracy of the information or its appropriateness for a given situation.