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Radiant launches a proposal to optimize RDNT incentives, which will be modified to allocate 125 million RDNT based on qRDNT

2024-09-02 15:17
Odaily News Radiant submitted RFP-44, which aims to optimize the supply of RDNT tokens and incentivize long-term lockups. The proposal adjusts the allocation strategy of RFP-35, no longer using qLP (cross-chain LP) as the basis for allocation, and introduces a new allocation mechanism based on the total amount of RDNT locked across chains by users (qRDNT). RFP-44 plans to allocate 25% of the future additional token supply to lockup users, totaling 125 million RDNT, and to be distributed weekly over the next 104 weeks. The current proposal has a support rate of 99.93% and will end on September 5.