Radiant launched a proposal to join USDe in its lending market, with a 99.54% approval rating.
On June 28, Snapshot revealed that Radiant Capital has initiated a proposal to add USDe to the Radiant lending market and as collateral, and plans to deploy it on Ethereum and Arbitrum, with a current approval rating of 99.54%.
The LTV on Ethereum is 72% and the LT is 75%, which means that every USDe can lend $0.72 worth of other assets and will be liquidated after 3% de-anchoring.