RIP #13 - Support Radiant’s Onboarding cbBTC on Base

Abstract:

This proposal seeks input from vlRDP holders on whether Radpie should support Radiant Capital’s RFP-45. The RFP-45 proposes integrating cbBTC (Coinbase Bitcoin wrapper) as a full collateral and borrow market on Radiant Capital’s deployment on Base. The goal is to expand the range of assets, specifically for Bitcoin holders, within Radiant, enhancing liquidity and participation. The vote will guide Radpie’s stance in Radiant’s governance process, ensuring our actions reflect the best interests of the community.

Motivation:

As a key player in the DeFi ecosystem, Radiant Capital continuously seeks to diversify and enhance its offerings. Adding cbBTC as a collateral option allows Bitcoin holders to engage more actively with DeFi, driving liquidity and increasing platform utility. Supporting this proposal would align with Radpie’s goal of providing its users access to diversified assets, contributing to the growth of both the Radiant and Radpie ecosystems. With minimal anticipated costs and swift implementation, the integration of cbBTC presents a strategic opportunity to strengthen Radpie’s DeFi participation.

Specification:

Vote on whether Radpie should support the onboarding of cbBTC as a full collateral and borrow market on Radiant Capital’s Base deployment.

https://snapshot.org/#/radiantcapital.eth/proposal/0x5100affe4d055cbf8c2c4370ecd6e1dcbb3c3bf264b625658c4e6ccb73892c09