Radiant Launches Proposal to Optimize RDNT Incentives to Allocate 125 million RDNTs Based on qRDNTs
Radiant submitted the RFP-44 proposal, which aims to optimize the RDNT token supply and incentivize long-term lock-ups.
The proposal adjusts the allocation strategy of RFP-35, no longer using qLP (cross-chain LP) as the allocation basis, and introduces a new allocation mechanism based on the total amount of user cross-chain locked RDNT (qRDNT).
RFP-44 plans to distribute 25% of the future token supply to hedgers, amounting to 125 million RDNT, for weekly distribution over the next 104 weeks.
The current proposal has a 99.93% approval rating and will end on September 5.