Radiant Capital initiates proposal seeking consensus on debt repayment and market stability following a vulnerability.

BlockBeats News, on January 5th, Radiant Capital initiated Proposal RFP-27, seeking consensus from stakeholders of Radiant DAO on the strategy and timeline for capital restructuring and repayment of excess debt in the WETH market following the vulnerability on January 2nd in the Arbitrum lending market. Option one is to use the funds and operating costs of the liquid DAO to repay bad debts. The Radiant DAO treasury currently holds approximately $5,236,996 in non-RDNT assets, excluding ARB tokens allocated through previous RFPs. Option two is the same as option one, but includes using ETH obtained from selling RDNT tokens within one year to repay the DAO Treasury. Given the attack value of 1,902 ETH (currently $4.3 million), this would involve the DAO selling approximately $360,000 worth of RDNT tokens per month over 12 months. Option three is to abstain and redraw the plan.