RIP #16 - Support Deploying Claim Contracts for Radiant’s Depositor Reimbursement

Abstract

This proposal seeks to gather feedback from vlRDP holders on whether Radpie should support Radiant Capital’s RFP-47. The proposal aims to deploy dedicated claim contracts on Arbitrum and BSC, allowing affected depositors to progressively withdraw their tokens as the contracts are recapitalized. The plan focuses on asset consolidation, loan liquidations, and an efficient recovery process through merged claim contracts

Motivation

On October 16, 2025, Radiant Capital experienced a sophisticated security breach that led to over $50 million in lost user funds. While efforts to recover stolen funds continue, an immediate action plan is needed to reimburse affected depositors and restore confidence in the protocol. It presents a structured approach for distributing recovered funds by merging similar asset classes, streamlining claims processing, and progressively recapitalizing claim contracts to enable withdrawals.

By supporting this initiative, Radpie aims to facilitate an orderly and fair reimbursement process.

Specification

Vote on whether Radpie should support Radiant Capital’s RFP-47, which proposes deploying merged claim contracts for Radiant depositor reimbursement on Arbitrum and BSC, allowing users to progressively withdraw their tokens as the contracts are recapitalized.

Additional Resources:

Radiant Capital’s RFP-47 proposal: https://snapshot.org/#/s:radiantcapital.eth/proposal/0xd26b2405c33fcb0edf3684f85603eb008df617e846325de946f075f4f8be3a05