Radiant Capital has proposed a growth strategy for the Arbitrum ecosystem, which includes applying for a maximum grant of 3.36 million ARB tokens for funding.
BlockBeats News, on September 26th, cross-chain lending protocol Radiant Capital submitted a strategic proposal to Arbitrum DAO aimed at further promoting ecosystem growth. The proposal is based on Radiant's recent successful ARB airdrop activity on Arbitrum, which brought a 67% increase in RDNT holders and a 19% increase in total value locked (TVL). Radiant is now applying for funding between 52,126 and 3,359,302 ARB to expand its influence in the following three core areas:
1. Sticky liquidity: incentivizing new and old users to participate in the ARB airdrop through its proprietary long-term dynamic liquidity provision (dLP) mechanism;
2. Ecosystem enrichment: partnering with existing protocols such as GMX, Camelot, Dopex, and Plutus to diversify liquidity pools, enhance lending options, and cultivate a robust options market;
3. Future integration: as Radiant prepares to launch on the Ethereum mainnet and expand its influence on the BNB chain, this funding will attract a wider user base to join Arbitrum.