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PancakeSwapPancakeSwapby0xa7551aBe0A066555cb5d859849426fB55543Ca250xa755…Ca25

Proposal for a Radiant Capital ($RDNT) Syrup Pool and Farm

Voting ended almost 3 years agoSucceeded

PancakeSwap Welcomes Radiant Capital ($RDNT) to Syrup Pool!

Dear CAKE holders, we’re proud to announce a new Syrup Pool with Radiant Capital!

Radiant Capital is an omnichain lending protocol built on top of LayerZero. Users can deposit and borrow various supported assets across Arbitrum and BNB Smart Chain.

The Syrup Pool:

Stake CAKE tokens to earn RDNT tokens!

  • Total Tokens: 577,600 RDNT
  • Distribution duration: 60 days
  • Start time: Approx. 0700 UTC on 29 Mar 2023
  • Finish time: Approx. 0700 UTC on 28 May 2023
  • Token rewards per block: 0.3342 RDNT

Max Stake per Wallet:

100 CAKE for the first 57,600 blocks (approx. 48 hours) after the Syrup Pool is launched, then unlimited CAKE staking after that.

The cap is to give everyone an equal opportunity to farm rewards at a high APY at the start of the farm.

The Farm:

In conjunction with the RDNT Syrup Pool, we’ll be providing a RDNT-BNB farm.

The farm will have 2x CAKE rewards for the first 7 days, then 1x rewards after that. During and at the end of the 60-day period – approx. 0700 UTC on 28 May 2023 – the farm will be re-adjusted to a 0x multiplier unless the following metrics are comparable with other 1x multiplier farms: average daily volume, 14-day volume, unique token holders on BNB Chain, and there are no fundamental token issues or concerns related to users’ safety and security.

What is $RDNT?

From the team: “RDNT is the native utility token, and users can:

  • Lock liquidity to be eligible for boosted RDNT emissions and share protocol revenue in yield from borrowers’ loan interest, paid in BTC, ETH, BNB, and stablecoins
  • Lock RDNT tokens to participate in the governance of Radiant DAO's direction through its governance platform
  • Transfer RDNT between Arbitrum and BNB chain via Radiant’s native token bridge”

To learn more, visit the project’s official channels:

  • Website: https://radiant.capital/
  • Twitter: https://twitter.com/RDNTCapital
  • Telegram: https://t.me/radiantcapitalofficial
  • Discord: http://discord.gg/radiantcapital
  • Docs: https://docs.radiant.capital/radiant/
  • YouTube: https://www.youtube.com/c/RadiantCapital/

How do you stake CAKE to earn $RDNT rewards?

Follow this guide to staking in Syrup Pools:

https://docs.pancakeswap.finance/products/syrup-pool

⚠️⚠️⚠️BEWARE OF FOOD POISONING⚠️⚠️⚠️💀

The official RDNT token contract address on BNB Chain is:

https://bscscan.com/token/0xf7de7e8a6bd59ed41a4b5fe50278b3b7f31384df

​Any other RDNT token will be a scam. Always verify the token address before buying tokens. If you receive a RDNT token airdrop from another address, it’s probably a scam, and we advise you to ignore it.

Off-Chain Vote

✅ We want to earn RDNT tokens!
33.61M CAKEVOTE96.5%
❌ We don’t want to earn RDNT tokens!
1.23M CAKEVOTE3.5%
Download mobile app to vote

Timeline

Mar 28, 2023Proposal created
Mar 28, 2023Proposal vote started
Mar 29, 2023Proposal vote ended
Oct 26, 2023Proposal updated