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Radiant Capital
@RDNTCapital
Radiant is building the first omnichain money market atop LayerZero.
714 Following    109.9K Followers
RIZ v2 started with 7 markets on @arbitrum It now spans Arbitrum and @base, covering stablecoins, RWAs, DeFi tokens, LSTs, and more. Available at
US Treasury exposure, on-chain, and now usable as collateral on RIZ v2. @Theo_Network's thBILL is a basket of institutional-grade tokenized T-bills. It's yield-bearing by design; the token accrues value over time as interest compounds. Deposit thBILL to borrow USDC, or deposit USDC to earn yield.
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rsETH Supply Caps Updated — Precautionary Measure Supply caps for rsETH have been set to 1 on both Core and RIZ markets on Arbitrum. This follows a bad debt situation affecting rsETH across multiple lending protocols industry-wide. Existing positions are not impacted. All other markets are operating normally.
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On-chain gold. On-chain T-bills. On-chain equity. The line between TradFi and DeFi is getting harder to find.
US Treasury exposure, on-chain, and now usable as collateral on RIZ v2. @Theo_Network's thBILL is a basket of institutional-grade tokenized T-bills. It's yield-bearing by design; the token accrues value over time as interest compounds. Deposit thBILL to borrow USDC, or deposit USDC to earn yield.
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How to use RIZ v2 - a practical walkthrough. Pick a market. Each one has a collateral asset and a loan asset. You're not choosing a pool; you're choosing a specific exposure.
GMX / USDC is now live on RIZ v2. GMX is the token powering @GMX_IO, one of the largest perpetual DEXs on Arbitrum. It captures protocol fees and gives holders voting power over the platform. Deposit GMX as collateral and borrow USDC against it. Or deposit USDC to earn yield from borrowing activity.
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@SkyEcosystem's sUSDS is now available on RIZ v2. sUSDS is the savings version of USDS — Sky's stablecoin. It accrues the Sky Savings Rate natively, making it one of the more capital-efficient stablecoins to hold. Deposit it as collateral and borrow USDC, or deposit USDC to earn yield from borrowing activity.
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🌟 plsRDNT - liquid exposure to max locked @RDNTCapital dLP, capturing incentives while remaining fully liquid. 📈 APR: 63.48% (+165.94% vs Arbitrum dLP) ⚡ Boosted Emissions: Active 🔒 Over-Collateralization: 1.14x (1,302,502 / 1,145,770) 🔄 Swap Ratio: Not live yet
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How to use RIZ v2 - a practical walkthrough. Pick a market. Each one has a collateral asset and a loan asset. You're not choosing a pool; you're choosing a specific exposure.
@SkyEcosystem's sUSDS is now available on RIZ v2. sUSDS is the savings version of USDS — Sky's stablecoin. It accrues the Sky Savings Rate natively, making it one of the more capital-efficient stablecoins to hold. Deposit it as collateral and borrow USDC, or deposit USDC to earn yield from borrowing activity.
Show more
GMX / USDC is now live on RIZ v2. GMX is the token powering @GMX_IO, one of the largest perpetual DEXs on Arbitrum. It captures protocol fees and gives holders voting power over the platform. Deposit GMX as collateral and borrow USDC against it. Or deposit USDC to earn yield from borrowing activity.
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On October 16, 2024, Radiant Capital experienced a highly sophisticated security breach that resulted in the loss of $50 million USD. The attackers exploited multiple developers' hardware wallets through a highly advanced malware injection. The devices were compromised in such a way that the front-end of @safe{Wallet} (f.k.a. Gnosis Safe) displayed legitimate transaction data while poisoned transactions were signed and executed in the background. This breach occurred during a routine multi-signature emissions adjustment process, which takes place periodically to adapt to market conditions and utilization rates. The DAO contributors strictly adhered to many industry standard operating procedures throughout the process. Each transaction was simulated for accuracy on Tenderly and individually reviewed by multiple developers at each signature stage. Front-end checks in both Tenderly and Safe showed no anomalies during these reviews. To underscore the significance of this point, the compromise was completely undetectable during the manual review of the Gnosis Safe UI and Tenderly simulation stages of the routine transaction. This has been confirmed by external security teams, including @_SEAL_Org and @HypernativeLabs. Radiant Capital has been working very closely with Seal911 and Hypernative and has since implemented stronger multisig controls. The U.S. law enforcement and @zeroshadow_io are fully informed of the breach and are actively working to freeze all stolen assets. The DAO is deeply devastated by this attack and will continue to work tirelessly with the respective agencies to identify the exploiter and recover the stolen funds as quickly as possible. For the full post-mortem, see:
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On October 16, 2024, Radiant Capital experienced a highly sophisticated security breach that resulted in the loss of $50 million USD. The attackers exploited multiple developers' hardware wallets through a highly advanced malware injection. The devices were compromised in such a way that the front-end of @safe{Wallet} (f.k.a. Gnosis Safe) displayed legitimate transaction data while poisoned transactions were signed and executed in the background. This breach occurred during a routine multi-signature emissions adjustment process, which takes place periodically to adapt to market conditions and utilization rates. The DAO contributors strictly adhered to many industry standard operating procedures throughout the process. Each transaction was simulated for accuracy on Tenderly and individually reviewed by multiple developers at each signature stage. Front-end checks in both Tenderly and Safe showed no anomalies during these reviews. To underscore the significance of this point, the compromise was completely undetectable during the manual review of the Gnosis Safe UI and Tenderly simulation stages of the routine transaction. This has been confirmed by external security teams, including @_SEAL_Org and @HypernativeLabs. Radiant Capital has been working very closely with Seal911 and Hypernative and has since implemented stronger multisig controls. The FBI and @zeroshadow_io are fully informed of the breach and are actively working to freeze all stolen assets. The DAO is deeply devastated by this attack and will continue to work tirelessly with the respective agencies to identify the exploiter and recover the stolen funds as quickly as possible. For the full post-mortem, see:
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