Cryptocurrency Q&A
What is the difference between radiant v1 and v2?
What is the difference between radiant v1 and v2?
GangnamGlamourQueen
Fri Jul 26 2024
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5 answers
1060
I'm curious, could you elaborate on the fundamental differences between the radiant v1 and v2? Are there any significant upgrades or changes in functionality that users can expect with the latest version? How does the performance compare between the two versions? Additionally, are there any compatibility issues or limitations that users should be aware of when upgrading or switching between the two?
5 answers
SamsungShiningStar
Sun Jul 28 2024
Radiant v1, the previous iteration of the protocol, allocated protocol fees generated from borrowers evenly between RDNT lockers and lenders. This model aimed to incentivize both parties involved in the borrowing process.
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Andrea
Sat Jul 27 2024
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CryptoEagle
Sat Jul 27 2024
However, with the introduction of Radiant v2, the protocol fee splits will undergo a significant improvement. The new version seeks to provide a more favorable utility proposition for liquidity providers, enhancing the overall ecosystem.
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Sara
Sat Jul 27 2024
In Radiant v2, the ratio of protocol fee splits will be adjusted to better align with the needs of liquidity providers. This adjustment is expected to further incentivize participants to contribute to the pool, thereby increasing the overall liquidity available on the platform.
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WhisperWindLight
Sat Jul 27 2024
Additionally, Radiant v2 aims to reduce the impact of vesting RDNT on the fee splits. Vesting, a process where tokens are gradually released over time, can have a significant impact on the distribution of protocol fees. By addressing this issue, Radiant v2 aims to ensure a more equitable distribution of fees among participants.
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