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Radiant aims to be the first omnichain money market, where users can deposit any major asset on any major chain and borrow a variety of supported assets across multiple chains. Lenders who provide liquidity to Radiant will earn a passive income on the assets they deposit. Borrowers are able to withdraw against collateralized funds in order to obtain liquidity (working capital) without selling their assets and closing their positions.
Radiant’s cross-chain interoperability will be built atop Layer Zero, with v1 leveraging Stargate’s stable router interface. Lenders who wish to reclaim their collateral will be able to direct which chain to withdraw funds to, and what percentage they’d like sent to each chain.
All borrowers, lenders, and LP providers receive token rewards in the form of RDNT.
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