# Terms and Conditions

These Terms and Conditions (these “Terms”) set out the basis on which you may access and use [Magpie](https://www.magpiexyz.io/) (the “Site”). The Site is a website hosted user interface provided by Magpie (“Magpie”, “we” or “us”) and the Site enables users to interact with certain smart contracts deployed on the blockchain (the “Protocol”). You must read and understand these Terms in its entirety before accessing and using the Site. Each time you access or use the Site, you indicate your acceptance of these Terms. If you do not accept these Terms, you are not permitted to use the Site and must cease all activity on the Site.

THESE TERMS CONTAIN A BINDING ARBITRATION PROVISION AND CERTAIN WAIVERS. YOU SHOULD READ THESE PROVISIONS CAREFULLY AND UNDERSTAND HOW YOUR RIGHTS ARE AFFECTED BEFORE ACCEPTING THESE TERMS.

### 1. Nature of the Site

THESE TERMS CONTAIN A BINDING ARBITRATION PROVISION AND CERTAIN WAIVERS. YOU SHOULD READ THESE PROVISIONS CAREFULLY AND UNDERSTAND HOW YOUR RIGHTS ARE AFFECTED BEFORE ACCEPTING THESE TERMS.

By using the Site, you understand that you are not transferring crypto assets to us and the assets are deposited directly into underlying third-party protocols. Please note that when using the Protocol, crypto assets that have been "bridged" or "wrapped" to operate on other blockchain networks (including to blockchains compatible with the Ethereum Virtual Machine that are designed to ensure a blockchain can effectively process more transactions or other blockchains that are frequently referred to as "Layer 2" solutions) are distinct from the asset on its native chain.

### 2. Permitted Use of the Site

You agree to use the Site only for lawful purposes and in a manner consistent with all applicable laws and regulations and in the manner intended by us. By accessing or using the Site, you agree that you are solely and entirely responsible for compliance with all laws and regulations that may apply to you, as well as any tax obligations.

You shall not use the Site:

* to exploit any vulnerability of the Site, whether or not for financial or other personal gain or otherwise probe, scan, or test the vulnerability of the Site. You must not breach the security or authentication measures implemented on the Site;
* to attempt to gain unauthorized access to the Site, its servers, or any other systems or networks connected to the Site. This includes hacking, password "mining", or any other illegitimate mean;
* to introduce any malware, harmful material or otherwise unauthorized material to the Site or other users of the Site or use any automated device, program, or process (including but not limited to deep-linking, page-scraping, robots, spiders, or similar methods) to access, copy, monitor, or extract any part of the Site without prior written permission from us;
* in connection with any cyber attacks, whether against the Site or any other website;
* in a manner which involves market manipulation or financial crime or in a manner which would make the Site an accessory to any market manipulation or financial crime;
* to engage in any activity that is, or is intended to be, libelous, defamatory, profane, obscene, indecent, hateful, abusive, fraudulent or deceptive;
* to engage in any activity that seeks to reveal or obtain personal identification or information about other users or visitors to the Site, or any other customers of ours. This includes reverse look-up, tracing, or any other means to uncover such information; or
* for any activity that is otherwise prohibited by law or infringes upon the rights of others.

You agree not to take any action that imposes an unreasonable or disproportionately large load on the infrastructure of the Site. In particular, you shall not use any device, software, or routine that interferes or attempts to interfere with the proper functioning of the Site, or any transaction being conducted on the Site. Additionally, you must not interfere with or disrupt any other user’s use of the Site.

### 3. Wallet Security

To access and use the Site, you must use a non-custodial wallet software (your “Wallet” and all the non-custodial wallet software you use, your “Wallets”), which allows you to interact with public blockchains. Your relationship with that non-custodial wallet provider is governed by the applicable terms of service with the third-party. We do not have custody or control over the contents of your wallet and have no ability to retrieve or transfer its contents.

The security of your Wallets is your sole responsibility. You are required to take appropriate measures to ensure the security and confidentiality of your Wallet, passwords, and any other authentication information. You shall not share your Wallets, or any information related to your Wallets (including your seed phrases or private keys) with any other individual or entity.

We strongly recommend that you adopt robust operational security measures to protect your Wallets, including but not limited to installing the latest software upgrades on your mobile devices, using two-factor authentication as appropriate, and regularly update your security settings. It is your responsibility to keep your Wallets secure. You understand and acknowledge that any activity conducted through your Wallets will be deemed as your own actions. You are solely responsible for any consequences arising from unauthorized use or access to your Wallets, whether through your own actions or due to your failure to implement adequate security measures. In the event of any suspected or actual unauthorized access to your Wallets, or if you believe your Wallet has been compromised, you must immediately take appropriate action to mitigate any potential risks.

We have no ability to control or reverse any transactions on the Protocol. We shall not be held responsible for any loss, damage, or unauthorized transactions resulting from any unauthorized access of your Wallet. By using the Site, you agree to assume full responsibility for the security of your Wallets, and you acknowledge that we do not condone the sharing of your Wallets (or the associated seed phrase and/or private key).

### 4. Intellectual Property

We own all intellectual property and other rights in the Site and its contents, including, but not limited to, software, text, images, trademarks, service marks, copyrights, patents, designs, and its "look and feel". Subject to your compliance with these Terms and any other terms agreed with us separately, we grant you a limited, revocable, non-transferable, and non-exclusive license to access and use the Site for personal purposes only. This license does not grant you any ownership or rights to our intellectual property. All intellectual property and any other proprietary rights associated with the Site and its content are and shall remain our sole property. These Terms do not transfer any ownership or intellectual property rights to you. You shall not claim or assert any right, title, or interest in or to our intellectual property by virtue of your access and use of the Site.

You shall not modify, reproduce, distribute, display, perform, publish, create derivative works from, or exploit in any way our intellectual property without our prior written permission. We reserve the right to take legal action, including seeking damages and injunctive relief, against any individual or entity that violates our intellectual property rights or uses the Site in a manner that infringes upon our intellectual property.

No licenses or rights are granted to you by implication or estoppel with respect to our intellectual property or the intellectual property of any third party.

### 5. Representations and Warranties

On each instance that you access and use the Site, you represent and warrant to us that:

* it is lawful under the laws applicable to you to access and use the Site;
* you are not accessing the Site from a country that is sanctioned by any governmental or supranational body, including but not limited to the Office of Foreign Assets Control of the United States Department of the Treasury, the United Nations Security Council, the European Union, any European Union member state and that you are not an individual subject to any sanctions by a governmental or supranational body;
* you are not a citizen, resident of, or a legal entity incorporated or organized under the laws of, the United States, Russia, Cuba, Iran, North Korea and Crimea;
* you understand and accept all risks of using the Site and crypto tokens;
* you have full understanding of the nature and risks of digital assets and blockchain networks, and voluntarily and of your own accord;
* you have knowledge and experience in all relevant matters as to be capable of evaluating the merits and risks of accessing and using the Site and conducting transactions using the Protocol;
* you have full authority and power to enter into these Terms and that your entry into these Terms does not conflict with any other legal obligation (whether under statute, contract, tort or otherwise) that is binding on you; and
* your acceptance of these Terms are legal, valid, binding and enforceable obligations of yours.

### 6. Third-Party Websites

The Site may contain links or references to third-party websites that are not owned or controlled by us. These links are provided for your convenience and informational purposes only. We do not endorse, guarantee, or assume any responsibility for the accuracy, reliability, or legality of the content on these third-party websites. By accessing and using any third-party websites linked from the Site, you acknowledge and agree that you do so at your own risk. We shall not be held liable for any damages or losses arising from your use of or reliance on the content, products, or services offered by these third-party websites. We recommend that you review the terms and conditions and privacy policies of any third-party websites you visit. Your interactions with these websites are governed by their respective terms and policies, which may differ from ours. The inclusion of any third-party links on the Site does not imply endorsement or affiliation with the linked website or its operators. We disclaim any responsibility for the actions, content, or practices of any third-party websites. If you decide to access or use any third-party websites linked from the Site, you do so voluntarily and solely at your own discretion.

Please note that while we strive to provide reliable and useful links, we cannot guarantee the accuracy, safety, or reliability of third-party websites. It is your responsibility to exercise caution and make informed decisions when accessing or using any third-party websites.

### 7. Breaches of these Terms

We reserve the right to take appropriate action, including but not limited to the immediate termination or suspension of your access to the Site, in the event of any violation of these Terms. If we become aware of any violation of these Terms, we may, at our discretion, investigate the matter and take necessary legal action to enforce our rights and protect the integrity of the Site. Any failure on our part to enforce these Terms shall not be considered a waiver of our right to do so in the future, nor shall it constitute a waiver of any other provision or right under these Terms.

You agree to cooperate fully in any investigation regarding a violation of these Terms. This may include providing any information or evidence necessary to resolve the matter satisfactorily. You understand and agree that we shall not be liable to you or any third party for any damages, losses, or expenses incurred as a result of our actions taken in response to a violation of these Terms.

By using the Site, you acknowledge and agree that any violation of these Terms may result in the termination or suspension of your access to the Site and may lead to legal consequences.

### 8. Limitation of Liability

In no event shall we or our affiliates, directors, officers, employees, or agents be liable for any direct, indirect, incidental, special, consequential, or exemplary damages or loss, including but not limited to damages for loss of profits, goodwill, use, data, or other intangible losses or other costs and expenses (including legal or other professional adviser fees) (“Losses”), arising out of or in connection with your use of the Site or the inability to access or use it.

Notwithstanding that we will not be responsible for any Losses suffered by you, if you suffer any Losses, you must take all reasonable steps to mitigate such Losses which has occurred or may occurred.

To the extent the limitations of liability are unenforceable, our maximum liability to you shall be the lowest amount permitted under the relevant applicable laws.

### 9. Indemnity

You shall indemnify and keep us indemnified in full and on demand, and hold us harmless, from all claims, liabilities, direct or indirect damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) suffered or incurred by us arising out of or in connection with (1) your violation of these Terms, (2) your violation of any rights of any other person or entity, including but not limited to intellectual property rights, privacy rights or contractual rights, (3) your access to or use of any third-party websites linked from the Site, or (4) your violation of any applicable laws, regulations or third-party rights which involve the use of the Site.

We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will cooperate with us in asserting any available defenses.

You acknowledge and agree that the indemnification obligations set forth in this provision shall survive the termination or expiration of these Terms and your use of the Site.

### 10. Circumstances Beyond Our Control

While we will use reasonable efforts to ensure the Site is operational to a satisfactory service level, there are events that are circumstances beyond our reasonable control which may inhibit, affect or prevent your access and use of the Site. These include, without limitation:

* disruption of the information services required to access the Site such as your Internet service provider, our servers, the blockchains on which the Protocol is deployed, etc.;
* hardware failures of our servers or your personal device or Internet service provider;
* a temporary or indefinite halt of the functionality of the Site or any blockchain on which the Protocol is deployed; and
* cyberattacks against the Site or other malicious malware used to henbit the functionality of the Site.

We will not be responsible for any Losses incurred by you as a result of any circumstances beyond our reasonable control which may inhibit, affect or prevent your access and use of the Site.

### 11. Your Privacy

When you use the Site, we may collect information on your blockchain wallet address, completed transaction hashes, and the token names, symbols, or other blockchain identifiers of the tokens that you swap, which are all publicly available from the blockchain. When you interact with the blockchain, you are making certain information available for public viewing. We do not collect any other personal information from you. We use your publicly available information to (1) provide, maintain, customize and improve the Site, (2) protect against, investigate, and stop fraudulent, unauthorized, or illegal activity, or address security risks or issues, and (3) comply with our legal obligations.

The Site does incorporate third-party service providers, such as Infura and Google Analytics, which may receive or independently obtain your personal information from publicly available sources. We do not control how these third parties handle your data and you should review their privacy policies to understand how they collect, use, and share your personal information. In particular, please visit the privacy policies of Infura and Google to learn more about how these third parties use data. By accessing and using the Interface, you understand and consent to our data practices and our service providers' treatment of your information.

We use the publicly available information we collect to detect, prevent, and mitigate financial crime and other illicit or harmful activities on the Interface. For these purposes, we may share the publicly available information we collect with blockchain analytics providers or legal authorities as appropriate. We may share your publicly available information with these service providers only so that they can help us promote the safety, security and integrity of the Site. We do not retain the information we collect any longer than necessary for these purposes.

It is our policy to comply with all legal and regulatory requests, provided they are not invalid, overbroad, or unconstitutional requests as appropriate. However, we cannot guarantee that unauthorized third parties will never be able to obtain or use your information or aggregate data for improper purposes. You acknowledge that you provide your information and aggregate data at your own risk.

### 12. Taxes

Your access and use of the Site may result in various tax consequences, such as income or capital gains tax, value-added tax, goods and services tax, or sales tax in certain jurisdictions. It is your responsibility to determine whether taxes apply to any transactions you initiate or receive and, if so, to report and/or remit the correct tax to the appropriate tax authority.

### 13. No Warranties

The Site and its content are provided on an "as-is" and "as available" basis without any representations or warranties of any kind, whether express, implied, or statutory. We do not warrant that the website will be uninterrupted, error-free, secure, or free from viruses or other harmful components. To the extent permitted by the law, we disclaim all warranties, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not represent or warrant that access to the Site will be continuous, uninterrupted, timely, or secure; that the information contained in the Site will be accurate, reliable, complete, or current; or that any of our products will be free from errors, defects, viruses, or other harmful elements. No advice, information, or statement that we make should be treated as creating any warranty concerning the Site.

Similarly, the Protocol is provided "as is", at your own risk, and without warranties of any kind. The Protocol is run autonomously by the smart contracts deployed on various blockchains.

### 14. No Investment, Legal, Tax, or Other Advice

The information provided on the Site and any of the social media accounts under the control of us or any individuals directly affiliated with us, including but not limited to articles, guides, and other content, is for informational purposes only. It does not constitute financial, investment, legal, tax, or any other professional advice. We do not provide any personalized recommendations or advice regarding the suitability, profitability, or legality of any investment, financial strategy, or transaction. Any decision to engage in transactions on the Site is solely at your own risk and discretion. You should consult with appropriate professionals, such as financial advisors, lawyers, or tax advisors, to obtain specific advice tailored to your individual circumstances before making any transactions on the Site. Your access and use of the Site does not establish a client, advisory, or fiduciary relationship between you and us.

We make no representations or warranties regarding the accuracy, completeness, or timeliness of the information provided on our Site. We shall not be held liable by any person for any errors or omissions in the content or for any actions taken in, or any losses, damages, or liabilities arising from, reliance of the information provided. You bear full responsibility for evaluating the accuracy, completeness, and usefulness of any information or content provided on the Site and for seeking professional advice as necessary.

By using the Site, you acknowledge and agree that we do not provide any investment, legal, tax, or other professional advice. You should seek appropriate advice from qualified professionals before making any financial or investment decisions. We shall not be held responsible for any consequences resulting from your reliance on the information provided on the Site.

### 15. Reservation of Rights

We reserve the right to take appropriate legal action, including but not limited to seeking damages, injunctions, or any other remedies available under applicable law, to address any violation of these Terms. We reserve the right to prohibit or block any activity on the Site that violates these Terms, including but not limited to the use of automated devices, unauthorized access attempts, or probing, scanning, or testing the vulnerability of the Site.

### 16. Assumption of Risk

You acknowledge and agree that the access or use of the Site and any involvement with crypto assets carry inherent risks. These risks include, but are not limited to, market volatility, potential loss of investment, regulatory changes, technological vulnerabilities, and cybersecurity risks which are beyond our control. We shall not be held liable for any losses, damages, or liabilities arising from your use of crypto assets or any transactions related to crypto assets conducted through the Site.

You understand and accept that the value of crypto assets can fluctuate significantly, and there is no guarantee of profit or protection against losses. The decision to engage in transactions involving crypto assets is solely your responsibility, and you bear all risks associated with such transactions.

You are solely responsible for conducting your own research, understanding the risks involved, and making informed decisions regarding the use, purchase, sale, or holding of crypto assets. You should consult with appropriate professionals before making any financial or investment decisions.

It is your responsibility to ensure compliance with applicable laws, regulations, and tax obligations related to the use and ownership of crypto assets in your jurisdiction.

We recommend implementing appropriate security measures, including but not limited to secure storage, strong passwords, and two-factor authentication, to protect your crypto assets and associated information.

You acknowledge that the blockchain technology underlying crypto assets is subject to its own risks and limitations, including but not limited to network congestion, technological failures, and delays in transaction confirmation. We shall not be responsible for any losses or damages arising from such risks and limitations.

By using the Site and engaging with crypto assets, you acknowledge and assume all risks associated with crypto assets, including any not described above (which is a non-exhaustive coverage of all relevant risks). You agree to release us from any liability and hold us harmless from any Losses incurred in connection with the use of crypto assets.

### 17. Miscellaneous

We reserve the right to modify, suspend, or terminate the Site or any part thereof, at any time without prior notice. We shall not be liable to you or any third party for any such modification, suspension, or termination. In addition, we may update these Terms from time to time in our sole discretion and without any prior notice to you. It is your responsibility to check the Site for the latest version of these Terms. The most recent date of update will clearly indicated in these Terms.

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable to the fullest extent permitted by law.

These Terms contain the whole agreement between you and us relating to your access and use of the Site. You agree and acknowledge that you are not agreeing to these Terms in reliance of any representation, warranty or undertaking made by us.

These Terms shall be governed by and construed in accordance with the laws of Singapore, without regard to its conflict of laws principles. Any dispute, controversy, difference or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it (“Dispute”) shall be referred to and finally resolved by arbitration administered by an arbitral institution determined by us under arbitral rules determined by us. The seat of arbitration shall be Singapore and there shall be a single arbitrator appointed by us.

You and us explicitly waive any right to have a Dispute heard by jury trial and any Dispute you bring must be brought in your individual capacity and not as a plaintiff in or member of any purported class action, collective action, private attorney general action, or other representative proceedings. In the event that any immunities apply to you, you agree to waive such immunities.


# Radpie Overview

Overview

<figure><img src="/files/6900EiuaJPdhfZqqRQwH" alt=""><figcaption><p><a href="https://www.radiant.magpiexyz.io/stake">Radpie</a></p></figcaption></figure>

## **What is Radpie?**

Developed by [Magpie](https://www.magpiexyz.io/), Radpie is a Next-Generation SubDAO designed to optimize yield and provide efficient governance services for Radiant Capital users. The platform is strategically built upon the robust infrastructure of Radiant, capitalizing on its potential to maximize returns. Central to Radpie's modus operandi is the locking of dLP tokens, a strategy that secures governance rights and activates RDNT emissions on both deposits and borrows within the Radiant Capital ecosystem. Also, Radpie accrues platform fees from Radiant Capital's reward stream by maintaining a hold on dLP tokens, thereby providing a sustainable and consistent avenue for value generation.

Radpie, offers Radiant users and dLP holders the chance to earn RDNT rewards without any lock up by converting their dLP into mdLP. mdLP is the Radpie version of dLP. mdLP can be staked on Radpie to earn boosted rewards for active participation.

When users convert their dLP or utilize the 'ZAP' function for their RDNT-ETH or RDNT-BNB tokens on Radpie, they receive mdLP, which enables them to earn substantial rewards. Meanwhile, Radpie locks all the converted dLP on Radiant Capital, accumulating dLP. This accumulation of dLP grants Radpie the right to activate RDNT emissions by lending and borrowing. Users have the flexibility to stake their mdLP on Radpie to earn rewards for their active participation or swap their mdLP back to dLP on the secondary market.

Radpie has successfully automated Radiant's looping functionality, thus offering users the opportunity to effortlessly earn boosted yields without the need to personally hold any dLP. The platform utilizes its own dLP holdings to optimize the pools on Radpie, which in turn allows users to seamlessly earn RDNT emissions and increase their rewards.

## What is RDP?

RDP is the governance and rewards earning token of Radpie. Users have the option to lock their RDP tokens on Radpie and receive vlRDP at a 1:1 ratio.

Vote-Locked RDP, also known as vlRDP, allows users to earn rewards for their active participation and share governance benefits on Radpie. The voting power that Radpie accumulates by holding dLP tokens is distributed between vlRDP holders, allowing them to efficiently vote on Radiant's governance. Vote-Locked RDP holders earn RDNT and RDP tokens as incentives.


# Radpie Ecosystem

Understanding Radpie

### ✴️ Introduction

### ✴️ Radiant Capital


# Introduction

Optimizing Yields and Governance rights

## Radpie

Radpie is a DeFi platform developed atop Radiant Capital, dedicated to delivering optimized yields and efficient governance services.

## Radiant Capital

Radiant Capital is an omnichain money market platform designed to address the fragmentation of liquidity in the DeFi landscape.&#x20;

## How does Radiant Capital works?

Radiant provides a platform for users to deposit and borrow assets from leading blockchains, eliminating the need for intermediaries. By locking dLP within the protocol, contributors can activate RDNT emissions and earn substantial yields. At the same time, Radiant generates rewards from lock and loan fees. To enhance user experience and simplify the deposit process, Radiant Capital features the 1-Click Loop.

dLP or Dynamic Liquidity tokens, introduced by Radiant Capital, are a key aspect of the platform. By locking RDNT-ETH on Arbitrum and RDNT-BNB on BNB Chain, users can get dLP tokens. By holding dLP tokens, users not only activate $RDNT emissions on their deposits and loans but also receive a portion of the platform fees, which are composed of blue-chip assets like Bitcoin, Ethereum, and stablecoins. Additionally, dLP tokens enable users to obtain voting and governance power via the Radiant DAO, strengthening their influence within the platform​​.

## However, the dLP tokens still have room for improvement as users may face the following issues:

* **Efficiency:** Users must lock a part of their assets as dLP in order to access better yields. Some users might not be interested in acquiring dLP but are forced to lock a percentage of their deposits in order to activate RDNT rewards. This is not an efficient way for users to access higher yields.
* **Lock up:** dLP holders must lock their assets in order to earn rewards for their active participation. When users want to convert their dLP tokens back to RDNT-ETH or RDNT-BNB, they must wait for the completion of their lock-up period. The lock up range is from 1 to 12 months. This is not an efficient way for dLP holders to earn rewards for their active participation.
* **Claiming Rewards:** To receive the entirety of their rewards, users need to wait through a 90-day unlocking period. If rewards are claimed prematurely, within this period, they are liable to a linear penalty that varies between 10% and 75%. As an alternative, users can obtain all their rewards automatically by channeling their earnings into dLP tokens. However, the dLP tokens will also remain locked for 30 days at minimum.

## Radpie: Empowering Radiant Capital

Radpie offers a solution that empowers Radiant to maximize its long-term value. Radpie allows dLP holders to earn platform rewards with no lock-up period required. It also provides Radiant voters with cost-effective voting power, and enables liquidity providers to earn RDNT rewards without the necessity to maintain a certain percentage of their deposits as dLP.

Radpie provides users with the opportunity to earn substantial rewards by converting their dLP into mdLP. mdLP can be staked on Radpie to earn active user engagement rewards.

When users convert their dLP into mdLP, Radpie automatically locks the converted dLP within Radiant Capital. This mechanism allows dLP holders to earn enhanced rewards through mdLP, while simultaneously providing Radpie with governance rights and an increased APR% as a liquidity provider on Radiant Capital.

Thanks to Radpie's dLP holdings, liquidity providers have the ability to deposit their assets on the platform and earn RDNT rewards, all without the need to lock dLPs personally.

The voting power accrued by Radpie through its dLP holdings is distributed among vlRDP holders, thereby enabling them to participate in Radiant's governance in a cost-effective manner. RDP is Radpie's governance token, which can be locked as vlRDP to access its benefits. Holders of Vote-Locked RDP can not only earn rewards from the platform and influence Radiant's governance effectively, but also maximize their earnings. Please note that users must wait 30 days for their locked RDP to be fully unlocked.


# Radiant Capital

Information About Radiant

<figure><img src="/files/uxBoY4CN3xJwOHwyVs9I" alt=""><figcaption><p><a href="https://radiant.capital/">Radiant Capital</a></p></figcaption></figure>

## What is Radiant Capital?

Radiant Capital is an omnichain money market platform designed to address the fragmentation of liquidity in the DeFi landscape. Radiant's innovative solution is to allow users to deposit any major asset on any major chain and borrow various supported assets across Arbitrum and BNB Chain. This offers a seamless experience for users to borrow and lend.

## What is RDNT?

RDNT is the governance token of Radiant.

## What is dLP?

Dynamic Liquidity Provisioning (DLP) is a unique feature of Radiant. It's designed to attract long-term liquidity and reward participants who align with the protocol's success. In order to get dLP users can ZAP ETH or BNB on Radiant o can lock RDNT-BNB / RDNT-ETH liquidity dLP on BNB Chain. dLP participants can access the governance of Radiant.

## How Dynamic Liquidity Provisioning Works:

* **Deposits and Locking of dLP Tokens:** To become a Dynamic Liquidity Provider (dLP) in Radiant Protocol, users first must deposit their assets into the protocol. Then they lock a certain amount of dLP tokens (RDNT-BNB), which are liquidity tokens obtained from the deposited assets. Radiant Protocol requires a minimum of 5% locked dLP tokens relative to the size of the user's deposit (in USD terms) to activate RDNT emissions.
* **Activation of RDNT Emissions:** Once users lock the required amount of dLP tokens, the protocol activates RDNT emissions on their deposits and borrows. The RDNT token is Radiant's native utility token and these emissions incentivize dLPs to contribute to the protocol.
* **Locking Period and Rewards:** The process of locking dLP tokens lasts between one to twelve months and must be re-locked after maturity to continue receiving platform fees. The dLPs also receive a portion of the utility of platform fees captured in blue-chip assets such as Bitcoin, Ethereum, BNB, and stablecoins from borrowers paying loan interest, flash loans, and liquidation fees.

## What are the benefits of holding dLP?

* **Incentivized Participation:** DLP encourages long-term participation in the Radiant Protocol by providing incentives in the form of RDNT emissions and a part in platform fees. This allows dLPs to earn rewards simply by providing liquidity.
* **Attraction of Liquidity:** The promise of RDNT emissions and platform fees can attract more liquidity providers, leading to more robust and stable markets within the Radiant Protocol.
* **Governance Power:** dLP tokens provide governance voting power, allowing dLPs to contribute to the decision-making and development of the Radiant Protocol ecosystem.

## How does Radpie benefit Radiant Capital?

Radpie has identified several areas where it can help provide a more efficient DeFi experience for users while supporting Radiant's long-term development at the same time.

* **No Lockup Requirement to boost yields:** The necessity to lock a minimum of 5% of the deposited amount in dLP tokens to get RDNT emissions and increased protocol fees may deter some users who prefer more flexibility with their assets. Radpie allows users to earn boosted rewards for active participation without the need for them to lock any dLP
* **Lockup Duration:** dLP are locked for a period of one to twelve months, which means that dLPs cannot freely access these assets during this period. If market conditions change, they may not be able to react swiftly. Radpie allows dLP holders to easily sell their dLP without any vesting through mdLP.
* **Cost-Effective Governance Power:** Radiant voters can potentially acquire governance power efficiently through Radpie.
* **dLP support:** By locking dLP on Radiant, Radpie possitively impacts the long-term sustainability development of Radiant.


# Rewards for Active user engagement

Rewards Distribution

## Participation Incentives Source: dLP

Radpie generates rewards and activates RDNT emissions from Radiant thanks to its accumulated dLP. The accumulated dLP allows liquidity providers, mdLP Stakers and vlRDP lockers on Radpie to automatically earn RDNT rewards. This means that users can participate with their assets on Radpie to earn RDNT without having to lock any dLP within Radiant Capital by themselves. The rewards generated from Radpie's dLP is distributed among mdLP Stakers on our platform.

## Here is the distribution of Radpie's earnings from Radiant Capital:

### dLP Earnings:

* 100% to mdLP Stakers

### RDNT Emissions:

* 80% to liquidity providers
* 10% to mdLP stakers
* 10% to vlRDP


# Tokens

Tokens of the Radpie ecosystem

RDP Token

mdLP Token

esRDNT


# RDP Token

The Governance token of Radpie

<figure><img src="/files/7r3QqtU5ucRzzpVcSI50" alt=""><figcaption><p>RDP Token</p></figcaption></figure>

## RDP is the governance token of Radpie.

Users can lock their RDP Tokens to obtain Vote-Locked RDP. vlRDP enables its holders to earn active user engagement rewards and share in the governance voting power on Radiant & Radpie. By leveraging vlRDP, users can earn RDP rewards and also RDNT.


# Vote-Locked RDP

vlRDP

<figure><img src="/files/UtKwbFToLpij3y2h6NVa" alt=""><figcaption><p>vlRDP</p></figcaption></figure>

Vote-Locked RDP is the locked version of RDP. The governance power that Radpie has acquired by locking dLP on Radiant is distributed and controlled by vlRDP holders. Users interested in participating in Radiant's governance can buy voting power cost-effectively through RDP while earning high APR at the same time.

## Users must lock RDP as vlRDP to: <a href="#users-must-lock-pnp-as-vlpnp-to" id="users-must-lock-pnp-as-vlpnp-to"></a>

* Earn active user engagement rewards
* Participate in governance

## How can I get vlRDP? <a href="#how-can-i-get-vlpnp" id="how-can-i-get-vlpnp"></a>

Users can lock RDP on Radpie to get vlRDP at 1:1 ratio.

## What is the benefit of vlRDP? <a href="#what-is-the-benefit-of-vlpnp" id="what-is-the-benefit-of-vlpnp"></a>

* Earn rewards on Radpie.
* Maximized voting power on Radiant.
* Governance benefits on Radpie.

## How does lock / unlock work? <a href="#how-does-lock-unlock-work" id="how-does-lock-unlock-work"></a>

* Once RDP is locked, it is in lock state indefinitely.
* Users must "Start Unlock" to start 30 day unlock period known as "Cool Down".
* Users can "Force Unlock" to unlock their vlRDP before 30 days by paying a penalty fee.
* To fully unlock vlRDP without penalty users must wait 30 days for the Cool Down period to end.
* vlRDP holders continue to earn rewards for their active participation but cannot participate in the voting process while their tokens are in Cool Down.

On day 1, penalty cost is 80% of the total RDP tokens locked by the user and will decrease non-linearly over time.

## There are three states of vlRDP <a href="#there-are-three-states-of-vlpnp" id="there-are-three-states-of-vlpnp"></a>

**1. Lock state:** vlRDP by default is in lock state, can vote on Radpie's governance and receive Radpie rewards.

**2. Cooldown (or unlocking) state:** vlRDP will be in cooldown state once users start unlock. You can choose the amount of vlRDP to start unlocking schedule. vlRDP in cooldown state can ONLY receive rewards, NOT able to vote on Radpie's governance

**3. Expired state:** Once "Cooldown" period ends, those vlRDP will be in expired state. Expired vlRDP CANNOT do all following actions: vote on Radpie's governance, receive any rewards. The rewards will still be titled to expired vlRDP, but once user claims, rewards will be forfeit and redistributed to all other vlRDP. The Forfeit part is proportional to the amount of expired vlRDP and how long they stay expired state.


# RDP Distribution

The RDP token will be distributed as follows:

<figure><img src="/files/ejNE2242e7XTwR5kV1uZ" alt=""><figcaption></figcaption></figure>


# RDP Chart

Tools to track RDP price

## Arbitrum

[Geckoterminal](https://www.geckoterminal.com/arbitrum/pools/0x73761531c5d72ed6f0fc07a07202c8024e16eed9)

## BNB Chain

[Geckoterminal](https://www.geckoterminal.com/bsc/pools/0xe297e1da9a484e609d180c5b1fefe4830df70ef1)


# mdLP

Radpie's version of Radiant's Dynamic Liquidity Provision (dLP)

<figure><img src="/files/yBhFFh666asFcH32sGzm" alt=""><figcaption><p>mdLP Token</p></figcaption></figure>

mdLP refers to 'Magpie dLP,' a liquid version of dLP that enables users to earn rewards for their active participation on the platform. dLP holders can convert their assets into mdLP via Radpie to generate optimized rewards, without any required lock-up period. Locked dLP cannot be converted into mdLP.


# Smart dLP Converter

Maximize your dLP conversions

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*8McJ6QvHgtIx4dwKroaUGQ.jpeg" alt="" height="394" width="700"><figcaption><p><a href="https://www.radiant.magpiexyz.io/stake">Smart dLP Converter</a></p></figcaption></figure>

Radpie is revolutionizing how Radiant Capital users can maximize earnings from their investments. **By participating on Radpie and depositing their assets, users benefit from the automatic utilization of the platform’s dLP holdings which activates RDNT rewards and also significantly amplifies their rewards for their active participation.** Additionally, RDNT and dLP holders are presented with the advantage of a consistent rewards flow, all without the necessity of locking in their assets, by simply turning their dLP into mdLP via Radpie.

This feature is designed to maintain a steady price correlation between the two, ensuring a consistent and reliable conversion mechanism moving forward.

## **What is mdLP?** <a href="#id-033d" id="id-033d"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*vsPJUMfKuw0V3Z0e" alt="" height="234" width="700"><figcaption></figcaption></figure>

mdLP represents Radpie’s adaptation of Radiant’s dLP. **By converting dLP into mdLP and staking it on Radpie, users can earn rewards**.

## **Converting dLP into mdLP** <a href="#id-5ddf" id="id-5ddf"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*1wo2fHwRO-vSDDge" alt="" height="105" width="700"><figcaption></figcaption></figure>

On Radpie, users have the option to convert dLP into mdLP to tap into its advantages.

## **dLP to mdLP Swap** <a href="#id-94f4" id="id-94f4"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/1*WTYzT0qE1oJMZkF5YZy-iw.png" alt="" height="180" width="700"><figcaption></figcaption></figure>

Individuals **can acquire mdLP tokens by trading their dLP tokens on PancakeSwap**. If the value of mdLP is below that of dLP, it presents an opportunity for users to capitalize on a more favorable exchange ratio during their transactions on PancakeSwap. For example, if the exchange rate is 1 dLP for 1.10 mdLP, participants can look forward to receiving approximately 1.10 mdLP for each dLP token they swap on PancakeSwap.

## **The Smart dLP Converter** <a href="#id-70fd" id="id-70fd"></a>

The Smart dLP Converter [offers users the optimal exchange rate for converting their dLP tokens into mdLP](https://www.radiant.magpiexyz.io/stake). **It consistently checks the exchange rate between dLP and mdLP on PancakeSwap for users on Arbitrum and BNB Chain who aim to obtain mdLP via Radpie**. Keeping the price of mdLP closely aligned with dLP is crucial. To this end, the Smart dLP Converter ensures a fair and competitive rate for converting dLP into mdLP, thereby helping to preserve the value of mdLP. If the conversion ratio of mdLP to dLP drop below 95% on PancakeSwap, the Smart dLP Converter automatically engages, streamlining the conversion process for users to secure more than 1 mdLP for each dLP converted. **This feature ensures a conversion rate surpassing 1:1, providing users with the most beneficial rate for their dLP to mdLP exchanges**.

Radpie emphasizes the importance of keeping the mdLP price closely aligned with the dLP price to offer equitable exchange rates during the dLP to mdLP conversion process. **The Smart Converter is instrumental in achieving this objective**, as it allows users to maximize the mdLP they obtain from their dLP conversions, ensuring access to the most advantageous rates available.

## **The Smart Zap Functionality** <a href="#a442" id="a442"></a>

The Smart dLP converter also provides the Smart Zap function. Users have the option to simply Zap into mDLP with ETH on Arbitrum or with BNB on BNB Chain (optionally with RDNT) at the best possible rate.


# mdLP Stability Vault

Lock mdLP to maximize your rewards

<figure><img src="/files/eCrkXLOzZUZmCJwMVlSs" alt=""><figcaption></figcaption></figure>

The mdLP Stability Vault is designed to maintain a higher APR% than the mdLP Staking Pool as it receives 80% of the rewards allocated to mdLP, while the mdLP Staking Pool receives only 20%. Once mdLP is deposited into the Stability Vault, it enters a locked state and begins to accumulate yields. Staking mdLP in the Stability Vault is an option available to users, aiming to increase their potential RDNT rewards while supporting Radpie in the long-term. Users can request to unlock their mdLP at any time, but must wait for a 30-day cooldown period before they can withdraw their funds. A maximum of three concurrent cooldown periods is allowed per user.


# esRDNT

Radpie's escrow version of Queued RDNT for vesting.

<figure><img src="/files/zLiCJnpxfteG5BSqKGvb" alt=""><figcaption><p>1 esRDNT = 1 RDNT</p></figcaption></figure>

## **What is esRDNT?** <a href="#id-4379" id="id-4379"></a>

<div align="center" data-full-width="false"><figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*YjeF0zz0Xj48aHSE" alt="" height="212" width="700"><figcaption><p>esRDNT</p></figcaption></figure></div>

esRDNT, introduced by Radpie, is the latest iteration of the RDNT token from [**Radiant Capita**](https://radiant.capital/)l. This innovative token serves a unique function: **each esRDNT corresponds to one RDNT that has been earmarked and is in the queue to be vested on the Radpie platform.** What sets esRDNT apart is its transferability feature. Instead of waiting for the RDNT to be fully vested, Radpie depositors can withdraw their pending RDNT rewards prematurely as esRDNT. esRDNT is tradable for RDNT on the secondary market, offering an immediate liquidity option for users and allowing them to monetize their future RDNT rewards in the present.

In essence, esRDNT acts as a bridge between the traditional vesting process and the need for on-demand liquidity, blending the best of both worlds for Radpie users. With the introduction of esRDNT, Radpie efficiently provides more opportunities for users who don’t want to wait 90 days.

## **RDNT tokens at Discount** <a href="#cb79" id="cb79"></a>

Through esRDNT, users are offered an opportunity to purchase RDNT at reduced prices depending on market rate and after a 3-month period, they can redeem esRDNT back to RDNT at 1:1 ratio within Radpie. **Acquiring esRDNT at a discount is comparable to securing a fixed-yield RDNT product, with the added benefit of no impermanent loss.** For esRDNT holders to successfully claim 1 RDNT for every esRDNT they hold, they must initiate the vesting period, which lasts for 90 days.

## **How to get esRDNT** <a href="#id-9722" id="id-9722"></a>

After users deposit their assets on Radpie they can go to the [**claim section**](https://www.radiant.magpiexyz.io/claim) in order to see their accumulated RDNT earnings. If users want to wait 90 days to get their RDNT they can select “Start Vest” and their tokens will start a vesting period.

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*0bw_9Ff3pfh8pZAi" alt="" height="329" width="700"><figcaption><p>Start vesting period for your entitled RDNT rewards</p></figcaption></figure>

Users who don’t want to wait for the 90-day vesting period now have the opportunity to claim their entitled RDNT as esRDNT. esRDNT allows users to convert their assets to RDNT at market rate without any waiting period. By selecting the esRDNT tab, users can withdraw their esRDNT instantly. **Users have the flexibility to sell their RDNT positions via Camelot on Arbitrum and via PancakeSwap on BNB Chain.**

Users who acquire esRDNT in the secondary market can access the claim section of Radpie and begin their esRDNT vesting process. **After the 90-day vesting period, they will be entitled to claim 1 RDNT for each esRDNT.**

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*ZKwL3LF44GWiabEW" alt="" height="330" width="700"><figcaption><p>Withdraw your entitled RDNT rewards as esRDNT</p></figcaption></figure>

## Trade esRDNT

**Arbitrum:** Camelot DEX

**BNB Chain:** [PancakeSwap](https://pancakeswap.finance/swap?inputCurrency=0xf7DE7E8A6bd59ED41a4b5fe50278b3B7f31384dF\&outputCurrency=0x016aBB5E48A7B64C2014f8834ecbE56CD72BF13D)


# Radpie Maximizing Benefits

Understanding Radpie

## What is Radpie? <a href="#what-is-penpie" id="what-is-penpie"></a>

Radpie is a Next-Generation SubDAO designed to optimize yield and provide efficient governance services for Radiant Capital users. Its goal is to streamline and elevate the DeFi experience for users, fostering long-term support for Radiant. Built on the sturdy foundation of Radiant's infrastructure, Radpie harnesses its capabilities to optimize returns, making it a strategic and beneficial addition to the DeFi landscape.

## How does Radpie support Radiant? <a href="#how-does-penpie-support-pendle-finance" id="how-does-penpie-support-pendle-finance"></a>

Radiant offers users the opportunity to lock dLP tokens in order to participate in the protocol's governance and activate RDNT emissions as lenders and borrowers within the platform. Radpie is focused on locking dLP tokens to access its benefits on Radiant and then offer these benefits back to users.​

🔹 RDNT Rewards for users

🔹 Cost-Effective Voting Power

🔹 Supporting Radiant's dLP in the long term


# The dLP RUSH

Convert dLP into mdLP and get RDP rewards

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*OfjgA_vbPXYbPqpv" alt="" height="395" width="700"><figcaption><p>Convert dLP into mdLP</p></figcaption></figure>

Radpie, presented by Magpie as a SubDAO, is purpose-built to support the expansion of Radiant Capital and its associated ecosystem. In harmony with this strategy, we’re excited to roll out the dLP RUSH program. This time-bound initiative invites dLP holders (RDNT-ETH & RDNT-BNB) to convert their assets on Radpie, allowing them to get rewards in return.

## **Rewarding dLP Conversions on Radpie** <a href="#id-4855" id="id-4855"></a>

[**Participating in the dLP RUSH**](https://www.radiant.magpiexyz.io/stake) program provides users with the opportunity to earn valuable rewards in the form of RDP tokens. RDP serves as the governance token of Radpie. We have set aside a substantial prize pool of 150,000 RDP tokens to be distributed as incentives for users who convert their dLP during the limited 15-day event. This accounts for 1.5% of the total token supply. By taking advantage of this unique opportunity, dLP holders can maximize their assets and benefit from rewards for their active participation on Radpie after the RDP token TGE.

## **Limited-Time Event: 15 Days** <a href="#id-840b" id="id-840b"></a>

The dLP Rush is a 15-day event, during which it is essential for users to convert their dLP holdings within the limited timeframe to fully take advantage of the rewards offered.

Enter now: [dLP RUSH](https://www.radiant.magpiexyz.io/stake)

## **Earning Points Based on Conversion** <a href="#f0c0" id="f0c0"></a>

During the dLP RUSH event, participants will accumulate points based on their dLP conversion, with a higher conversion amount providing more points. Users can unlock higher brackets of points per dLP by converting more dLP. dLP converters will receive varying amounts of RDP rewards based on the different points brackets they reach.

## Points are assigned according to the following brackets: <a href="#e5d5" id="e5d5"></a>

### On Arbitrum (90,000 RDP rewards allocated): <a href="#id-4ee9" id="id-4ee9"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1226/1*c9KNjbgBLA-PZJEvODSTeQ.png" alt="" height="163" width="613"><figcaption></figcaption></figure>

### On BNB Chain (60,000 RDP rewards allocated): <a href="#b86f" id="b86f"></a>

<figure><img src="https://miro.medium.com/v2/resize:fit:1222/1*is8etwyrNZ2YZH0GJkB5yQ.png" alt="" height="162" width="611"><figcaption></figcaption></figure>

### **Example** <a href="#id-287e" id="id-287e"></a>

#### **1. User A converts 600 dLP on Arbitrum**

User A conversion fall into the first tier. User A will receive 1 point per each of his 600 dLP converted, receiving 600 points.

* 600 dLP x 1 point = 600 points

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*xF095_Pq82DUlaZm" alt="" height="455" width="700"><figcaption></figcaption></figure>

#### **2. User B converts 10,000 dLP** <a href="#id-9ec9" id="id-9ec9"></a>

User B’s conversion falls into three tiers. For the first 600 dLP, User B will receive 1 point per dLP, for the next 2,400 dLP, will receive 1.1 points per dLP, and for the remaining 7,000 dLP, User B will receive 1.3 points per dLP. The calculation is as follows:

* 600 dLP x 1 point = 600 points
* 2,400 dLP x 1.1 points = 2,640 points
* 7,000 dLP x 1.3 points = 9,100 points
* Total points for User B = 12,340 points

<figure><img src="https://miro.medium.com/v2/resize:fit:1400/0*5Q5V21Kpi3FfvILa" alt="" height="456" width="700"><figcaption></figcaption></figure>

Each user’s portion will be calculated by dividing their individual points by the total points earned by all participants. This method ensures that the distribution of the RDP rewards pool is proportionate to the dLP conversion and points earned by each user, making it an equitable and informative approach to allocating rewards.

## **Claiming mdLP Tokens at a 1:1 Ratio** <a href="#cabd" id="cabd"></a>

For each dLP converted during the dLP RUSH, users will receive 1 mDLP. This process ensures a clear and fair exchange for all users who participate in the event.

## **RDP Claim and Vesting Schedule** <a href="#dd1b" id="dd1b"></a>

Following the Token Generation Event (TGE), users can claim 30% of the RDP tokens they’ve earned during the dLP RUSH. The remaining 70% of their RDP tokens will be gradually released over a one-year period, following a linear vesting schedule. This means that dLP RUSH participants will steadily receive their remaining RDP tokens throughout the year.

## **dLP RUSH Access** <a href="#bca7" id="bca7"></a>

To make the [dLP RUSH](https://www.radiant.magpiexyz.io/stake) event widely accessible, it has been made available on both BNB Chain and Arbitrum. This ensures that users can easily participate in the event, regardless of their preferred network.

The dLP RUSH offers dLP holders a time-limited opportunity to convert their assets on Radpie. Users will receive 1 mdLP for each dLP converted and can earn rewards in the form of RDP tokens. Subsequently, users will be able to utilize their mdLP to earn additional dLP rewards on Radpie.


# Looping on Radiant Capital

Understand looping

## What is Looping?

The looping functionality from Radiant Capital enables users to enhance their collateral value by repeatedly executing the borrow and deposit process. This allows participants to leverage their collateral, potentially increasing the yield.

## How does Radpie pay its debt?

When users deposit their assets on Radpie, the platform's deposit composition rises, as does its debt (if there is leverage). Essentially, Radpie offers looping services to users while distributing RDNT rewards. When users withdraw their assets from Radpie, the protocol essentially "unloops" their portion of the pool, resulting in a decrease in deposit and repay proportional debt position.

## Radpie's receipt token

When users deposit their holdings into Radpie, they are issued a receipt token that represents their deposited assets. Through Radpie, users have the opportunity to earn RDNT rewards and also leverage their deposits to gain enhanced yield from Radiant Capital. It's important to note that the value of the underlying asset per receipt token will decrease. Users obtain a greater number of receipt tokens compared to the amount they deposit, as the value of each receipt token diminishes over time due to the accrual of borrowing interest. This is because the interest from borrowing is subtracted from the deposited amount.


# esRDNT Fixed Yield

Convert your RDNT tokens into esRDNT to get more RDNT after vesting

<figure><img src="/files/BjNEnbFRbapzGyo4hTUh" alt=""><figcaption><p><a href="https://www.radiant.magpiexyz.io/stake">Start earning fixed RDNT yield now</a></p></figcaption></figure>

Radpie now provides a way for RDNT holders to effortlessly gain a fixed yield via esRDNT. esRDNT is an escrowed variant of the RDNT token developed by Radpie, which is available for purchase at a reduced price through PancakeSwap on BNB Chain and via Camelot on Arbitrum. By vesting their esRDNT on Radpie, users are eligible to obtain one RDNT for each esRDNT following the completion of the vesting period.

We have introduced a new feature allowing users to exchange RDNT for esRDNT at a rate better than 1:1, and start vesting with a single click through Radpie. As esRDNT is guaranteed to be redeemable for RDNT on a 1:1 basis once it's vested, this feature offers users a solid yield on RDNT over the 90-100 day vesting period.


# Governance

Decision-making on the Radpie Ecosystem

## The Radpie Governance Forum

As part of the Magpie SubDAO Model, Radpie utilizes Magpie's Governance Forum.

<figure><img src="/files/twDoj0ypgGWpV7yIN5oh" alt="" width="375"><figcaption></figcaption></figure>

Users can join our [**Governance Forum**](https://gov.magpiexyz.io/) to suggest changes to our platform and take part in the discussion with other investors. The [**General Discussion**](https://gov.magpiexyz.io/c/radpie/2-general-discussion/21) channel and the [**Community Ideas**](https://gov.magpiexyz.io/c/radpie/community-ideas/22) channel are created with the goal of fostering user participation. The core contributors of Radpie will review users opinions and engagement within the forum to consider implementations moving forward.

In the [**Radpie Improvement Proposals**](https://gov.magpiexyz.io/c/radpie/4-radpie-improvement-proposals/23) category, core contributors from Radpie will post proposed changes to the platform. This allows the community to vote and decide whether to support the suggestions or not.&#x20;

## vlRDP holders will be able to support or vote against the RIPs via Snapshot.&#x20;

Snapshot is an off-chain voting platform that allows DAOs, DeFi protocols, or NFT communities to participate in decentralized governance.


# Reference

Disclaimer

Radpie is meticulously crafted with a primary focus on ensuring the safety and well-being of our users. However, any interaction with smart contracts in decentralized finance inherently carries risks. Prior to our platform's launch, our team undertook an exhaustive review of our smart contracts. We also sought the expertise of external auditors to pinpoint any potential vulnerabilities or system oversights.

Yet, the possibility remains that you could lose a portion or even all of your investment. We sincerely encourage you to tread cautiously when engaging with our platform and to operate within the bounds of your individual risk tolerance.

As users, the risks associated with Radiant Capital are also pertinent to you, given our direct collaboration with them. These are over and above the intrinsic risks tied to Radpie. Before diving into either platform, we urge you to peruse their documentation thoroughly and acquaint yourself with the risks highlighted therein.


# Glossary

Tokens related to Radpie and Radiant Capital

## RDNT

RDNT is the governance token for Radiant Capital, allowing users to influence the platform's decision-making. Radpie lets holders of RDNT-ETH and RDNT-BNB (dLP) earn boosted rewards by converting their assets into mdLP. Users can then stake their mdLP on Radpie to earn a high APR%. Radpie subsequently locks all the converted assets (RDNT-ETH & RDNT-BNB) as dLP with Radiant Capital, while users earn rewards for their active participation from their mdLP.

## dLP

dLP is accrued when users pair RDNT-ETH or RDNT-BNB on Radiant Capital, a process also referred to as ZAP. Users can lock their received dLP on Radiant to leverage its benefits. Once dLP is locked, it becomes non-transferable and is forfeited upon unlocking. The larger a user's dLP balance, the greater the efficiency they can achieve in their yields, whether lending or borrowing on Radiant Capital, by earning increased reewards and additional RDNT incentives. dLP holders also have voting power relative to the RDNT contained within their dLP.

## mdLP

mdLP (Magpie dLP) is minted when dLP is converted through Radpie. Additionally, users can use the ZAP function with RDNT-ETH or RDNT-BNB on Radpie to obtain mdLP. mdLP can then be staked on Radpie, allowing users to earn rewards without any required lock-up period.

## RDP

Radpie's governance and rewards earning token. Users can lock RDP on Radpie to participate in governance and earn rewards on the platform.

## vlRDP

Vote-Locked RDP is a locked version of RDP. Holders of vlRDP control the voting power that Radpie possesses within Radiant Capital. Users can lock their RDP to obtain vlRDP on a 1:1 basis. In addition to earning rewards, vlRDP holders are also entitled to governance rights. They can actively participate in the governance of both Radiant Capital and Radpie.

## Zap

An easy-to-use feature for mdLP deposits, enabling users to create, deposit, and secure their mdLP effortlessly with just one click. Users who have ETH or BNB can use the Zap function to obtain mdLP (RDNT/ETH or RDNT/BNB).

<br>


# How to use Radpie

Learn how to use Radpie

Created as a SubDAO within Magpie XYZ, Radpie stands at the forefront of enhancing yield and refining governance for Radiant Capital enthusiasts. Drawing power from the robust foundation of Radiant’s infrastructure, it stands as a beacon of enhanced advantages. Radpie’s core mechanism involves the locking of dLP tokens, which fortifies governance rights and triggers RDNT distribution for deposits and borrows in the Radiant ecosystem. Radpie enables Radiant users and dLP holders to access RDNT rewards and increased rewards without any lock-up period.

## **In this section you will learn:**

▫️ How to convert dLP into mdLP & stake

▫️ How to Zap ETH or BNB into mdLP & stake

▫️ How to deposit & withdraw your assets

▫️ Claim Rewards


# Convert dLP into mdLP

dLP holders can convert their tokens into mdLP to earn high APR % on Radpie.

## **Convert dLP into mdLP**

#### 1.   Enter [Radpie](https://www.radiant.magpiexyz.io/stake)

#### 2.   Navigate to the "Stake" tab

<figure><img src="/files/c2iF1lKfgm0p5WWpweuy" alt=""><figcaption><p>Press "Stake" to see the mdLP pool</p></figcaption></figure>

#### &#x20;3.   Select the "mdLP Staking" pool

<figure><img src="/files/jYePmgqfR5ZSSvY0Pjdh" alt=""><figcaption><p>Select the "mdLP" pool</p></figcaption></figure>

#### 4.   Approve the conversion from dLP into mdLP

* Select the amount of dLP to convert
* Approve (Approve infinity can be selected in case that users want to convert more dLP later)

<figure><img src="/files/kxr5vH0Xs9Lg0IykM1SV" alt=""><figcaption><p>Approve the conversion of dLP</p></figcaption></figure>

#### 5.   Convert / Stake mdLP

* Convert & Stake: Convert your dLP into mdLP and automatically stake your mdLP on Radpie to earn rewards for active participation.

<figure><img src="/files/gVMz0EuMWLiStb5vPR0f" alt=""><figcaption><p>Press "Convert &#x26; Stake" to automatically stake your dLP as mdLP</p></figcaption></figure>

#### &#x20;6.   Unstake mdLP

<figure><img src="/files/rmvUZi68wAFDgjDfNNop" alt=""><figcaption><p>Press "Unstake" and confirm the transaction</p></figcaption></figure>


# Zap ETH or BNB into mdLP

ETH and BNB holders can Zap their assets into mdLP to earn high APR % on Radpie.

## **Zap into mdLP**

#### 1.   Enter [Radpie](https://www.radiant.magpiexyz.io/stake)

#### 2.   Navigate to the "Stake" tab

<figure><img src="/files/c2iF1lKfgm0p5WWpweuy" alt=""><figcaption><p>Press "Stake" to see the mdLP pool</p></figcaption></figure>

#### &#x20;3.   Select the "mdLP Staking" pool

<figure><img src="/files/jYePmgqfR5ZSSvY0Pjdh" alt=""><figcaption><p>Select the "mdLP" pool</p></figcaption></figure>

#### 4.   Approve the "Zapping" of ETH or BNB tokens into mdLP

* Select the amount of assets to Zap
* Approve (Approve infinity can be selected in case that users want to Zap more assets later)

<figure><img src="/files/SiQaNYVT9IwnO13ArOfq" alt=""><figcaption><p>Approve the "Zapping" of ETH or BNB</p></figcaption></figure>

5\.   Zap ETH or BNB

* Zap: Users can Zap their ETH or BNB into mdLP and automatically stake their mdLP on Radpie to earn rewards for their active participation.

<figure><img src="/files/yKFZYuqSt5RcSxswvq4D" alt=""><figcaption><p>Press "Zap" to automatically stake your ETH or BNB as mdLP</p></figcaption></figure>

&#x20;6\.   Unstake mdLP

<figure><img src="/files/rmvUZi68wAFDgjDfNNop" alt=""><figcaption><p>Press "Unstake" and confirm the transaction</p></figcaption></figure>


# Deposit your Assets

Boosted pools for depositors

## **Liquidity Pools**

#### 1.   Enter [Radpie](https://www.radiant.magpiexyz.io/stake)

#### 2.   Navigate to the "Stake" tab

<figure><img src="/files/c2iF1lKfgm0p5WWpweuy" alt=""><figcaption><p>Press "Stake" to see the liquidity pools</p></figcaption></figure>

#### &#x20;3.   Select a pool to provide liquidity

* Select the amount of assets to deposit
* Approve (Approve infinity can be selected in case that users want to deposit more assets later)

<figure><img src="/files/KMxzSxXTwUsoGJGVBAPH" alt=""><figcaption><p>Approve deposits on the pool</p></figcaption></figure>

#### 4.   Deposit your assets on the pool

<figure><img src="/files/q3KYKjrQfyQ7d688nV0Z" alt=""><figcaption><p>Deposit DAI</p></figcaption></figure>

#### 5.   Withdraw your assets

<figure><img src="/files/9lpP2UFmQgnDlFI0Z3PK" alt=""><figcaption><p>Withdraw DAI</p></figcaption></figure>


# Claim Rewards

Enter the "Claim" tab to claim your earnings

#### 1.   Enter [Radpie](https://www.radiant.magpiexyz.io/claim)

#### 2.   Navigate to the "Claim" tab

<figure><img src="/files/YBuOYI7lu91cxxXvhHmp" alt=""><figcaption><p>Press "Claim" to get your rewards</p></figcaption></figure>

#### &#x20;3.   Select a Pool to claim rewards

<figure><img src="/files/UwWRRHF8wAnEpRjAjRGS" alt=""><figcaption><p>Select a pool and rewards to claim</p></figcaption></figure>

#### **4. Start RDNT Vesting period**

<figure><img src="/files/VRSTrdtBGFSjMFIB1u4b" alt=""><figcaption><p>Press "Start vest" to begin vesting your accumulated RDNT earnings</p></figcaption></figure>


# Smart Contracts

{% tabs %}
{% tab title="Arbitrum" %}

| Contract          | Address                                                                                                                                                |
| ----------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |
| RDP Token         | <https://arbiscan.io/token/0x54bdbf3ce36f451ec61493236b8e6213ac87c0f6>                                                                                 |
| masterRadpie      | <https://arbiscan.io/address/0xc9Cb578d613d729C3c4C8EF7d46Cb814570F2baA>                                                                               |
| RadiantStaking    | <https://arbiscan.io/address/0x18a192dFe0BE1E5E9AA424738FdAd800646283b2>                                                                               |
| mDLP Token        | <https://arbiscan.io/token/0xfe14F790DA92971131544d915c4ADa6F1abce3Bd>                                                                                 |
| DlpRush           | <https://arbiscan.io/address/0xD09124e8a1e3D620E8807aD1d968021A5495CEe8>                                                                               |
| RadpiePoolHelper  | [https://arbiscan.io/address/0x4ade86667760f45cBd5255a5bc8B4c3a703dDA7a ](<https://arbiscan.io/address/0x4ade86667760f45cBd5255a5bc8B4c3a703dDA7a >)   |
| RDNTRewardManager | [https://arbiscan.io/address/0xD97EbDd4a104e8336760C6350930a96A9A659A66 ](<https://arbiscan.io/address/0xD97EbDd4a104e8336760C6350930a96A9A659A66 >)   |
| RDNTVestManager   | [https://arbiscan.io/address/0x314f4d688f45b8DE2BC160Bb361df682C68F81a9  ](<https://arbiscan.io/address/0x314f4d688f45b8DE2BC160Bb361df682C68F81a9  >) |
| rewardDistributor | [https://arbiscan.io/address/0xca5d2E025c5fB4705760f6f54E9848278a23D03B ](<https://arbiscan.io/address/0xca5d2E025c5fB4705760f6f54E9848278a23D03B >)   |
| mdLP              | <https://bscscan.com/token/0x11727E5b7Fa33FF4D380F3E7E877F19876c25b97>                                                                                 |
| {% endtab %}      |                                                                                                                                                        |

{% tab title="BNB Chain" %}

| Contract          | Address                                                                                                                                               |
| ----------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------- |
| RDP Token         | <https://bscscan.com/token/0x27c073e8427aa493a90b8dc8b73a89e670fd77bb>                                                                                |
| masterRadpie      | <https://bscscan.com/address/0x1b80EEc9B25472C6119eAd3B880976fa62e58453>                                                                              |
| RadiantStaking    | <https://bscscan.com/address/0xe05157aA8D14b8ED1d816D505b3D5DEEB83ca131>                                                                              |
| mDLP Token        | <https://bscscan.com/token/0x11727E5b7Fa33FF4D380F3E7E877F19876c25b97>                                                                                |
| DlpRush           | <https://bscscan.com/address/0x65B207B3E7b56cd839117a21446b1E7cda27b3B4>                                                                              |
| RadpiePoolHelper  | [https://bscscan.com/address/0xEdAb351C299eAe8E06E4f97a3f262Bb4E364612C ](< https://bscscan.com/address/0xEdAb351C299eAe8E06E4f97a3f262Bb4E364612C >) |
| RDNTRewardManager | <https://bscscan.com/address/0x91DD506e1f27f50dd40d0E8634013b1F2393DCa0>                                                                              |
| RDNTVestManager   | [https://bscscan.com/address/0x143fC5927C4c95996EA8FC6c346Ed548f636EaC0 ](<https://bscscan.com/address/0x143fC5927C4c95996EA8FC6c346Ed548f636EaC0 >)  |
| rewardDistributor | <https://bscscan.com/address/0x542A6AbfeD5561BCBE40CA0eDe0F08b3D66929E1>                                                                              |
| {% endtab %}      |                                                                                                                                                       |
| {% endtabs %}     |                                                                                                                                                       |


# Official Links

Official Links

**Website:** [**https://www.radiant.magpiexyz.io/stake**](https://www.radiant.magpiexyz.io/stake)

**Twitter:** [**https://twitter.com/Radpiexyz\_io**](https://twitter.com/Radpiexyz_io)

**Telegram Discussion:** [**https://t.me/Official\_MagpieMegaDao/101120**](https://t.me/Official_MagpieMegaDao/101120)

**Medium:** [**https://blog.radpiexyz.io/**](https://blog.radpiexyz.io/)

**Discord:** [**https://discord.com/invite/magpiexyz**](https://discord.com/invite/magpiexyz)

**Governance Forum:** [**https://gov.magpiexyz.io/**](https://gov.magpiexyz.io/)


# CCIP Bridge

Radpie has successfully implemented the innovative technology of Chainlink CCIP.

<figure><img src="/files/bABeKdZSRTMKtvS8npx5" alt=""><figcaption><p>Bridge RDP</p></figcaption></figure>

## Cross-chain Transfers for RDP

With our built-in omnichain bridge, users can effortlessly transfer RDP across blockchains, opening up the opportunity to explore the most effective earning strategies.

## Why CCIP?

In order to help secure our cross-chain RDP token transfers, we needed access to a highly secure and reliable interoperability solution. After reviewing various solutions, we chose Chainlink CCIP because it provides a multitude of important benefits and features, such as:

* **Time-tested security and reliability** — CCIP’s consensus and interoperability layer is powered by Chainlink decentralized oracle networks, which have already secured tens of billions of dollars for smart contracts and enabled over $9 trillion in onchain transaction value. CCIP also features additional layers of protection and reliability via the Risk Management Network and [Smart Execution](https://blog.chain.link/ccip-mainnet-early-access/#smart-execution).
* **Programmable Token Transfers** — CCIP features a plug-n-play solution consisting of audited token pool contracts that handle the complexity of burning and minting or locking and minting tokens across chains. CCIP’s Programmable Token Transfers also have additional security features like Rate Limits, and enable ecosystem partners to easily build new capabilities around a supported token via a single CCIP interface.
* **Flexible and programmable** — CCIP messages are programmable, meaning token transfers and arbitrary data transfers can be one atomic transaction. This enables instructions to be passed in the data payload regarding what to do with the tokens once they arrive at the destination chain. CCIP also supports multiple token handling mechanisms on the source and destination chains (e.g., burn and mint, and lock and mint) to open up a wider range of use cases.
* **Future-proof** — CCIP is built to support continuous updates, such as the integration of new blockchains, the introduction of advanced functionalities, and the addition of other defense-in-depth approaches to security. Thus, integrating CCIP eliminates future switching costs should new cross-chain functionalities be required.

## Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $9 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.


# Media Kit

Radpie Brand Assets

{% hint style="info" %}
<https://drive.google.com/drive/folders/1duXNHLQ07rn32qekxFiqyGirMUGgUaJe?ths=true>
{% endhint %}


# FAQ

Frequently Asked Questions about Radpie

## What is the dLP RUSH?

The dLP RUSH is a program that has been established to encourage the conversion of dLP tokens from Radiant Capital into mdLP tokens.

## How to participate in the dLP RUSH?

* Convert on Radpie: You can convert unlocked dLP into mdLP on Radpie. dLP is composed by the BalancerV2 RDNT-WETH liquidity pair on Arbitrum or by the PancakeSwap RDNT-BNB liquidity pair on BNB Chain.
* Zapping with ETH: Another straightforward method is zapping directly with ETH. This essentially means converting your ETH into mdLP tokens directly.
* Zapping with RDNT: Users can also ZAP RDNT tokens. However, to do this, users will also need to provide a certain amount of ETH. The user interface will show the exact amount needed.

With all of the above three methods, as soon as you obtain the mDLP tokens, you'll be able to stake them immediately on Radpie.

## What are the benefits of joining DLP Rush?

* ARB Airdrop: Radiant will conduct an airdrop of ARB tokens to new dLP providers. Users who participate in the DLP Rush will also receive ARB tokens from this airdrop by Radiant. More details can be found on their Twitter post.
* RDP Airdrop and IDO Quota: DLP Rush participants will get RDP token airdrop as well as an IDO quota.
* Participation Incentives: DLP Rush participants will earn a part of the rewards from Radiant.

## What products will Radpie provide and what is the timeline for the RDP IDO?

* RDNT rewards: Radpie will enable liquidity providers to earn RDNT tokens without the need to hold dLP.
* Benefits for mDLP holders: Radpie will allow holders of mDLP (those who have converted their RDNT-LP tokens) to earn a part of the platform's rewards + RDNT tokens. Additionally, there will be an exit mechanism for mDLP holders on the secondary market.
* Leverage Strategy: Radpie plans to introduce a leverage strategy that will allow users to earn RDNT tokens more efficiently.
* Mainnet Launch: The mainnet is expected to launch in early August.
* IDO: The IDO is planned to occur around mid-August.

## Has DLP Rush been audited?

Yes, DLP Rush has been audited by PeckShield. PeckShield has also been continuously auditing the code of Radiant Capital.


# Security

Radpie places the utmost importance on platform security and the safety of funds. You can view our comprehensive audit reports here.


# Audit Reports

Radpie Security Audit Report

## Radpie has been audited by Blocksec and PeckShield

### **Blocksec Audit**

<figure><img src="/files/Z6cHAENntJJUloeQXGjD" alt=""><figcaption></figcaption></figure>

Blocksec Audit Report:\
<https://github.com/blocksecteam/audit-reports/blob/main/solidity/blocksec_radpie_v1.0-signed.pdf>

### **PeckShield Audit**

<figure><img src="/files/GgjBbqiAiUK0ryNB8XVm" alt=""><figcaption></figcaption></figure>

PeckShield Audit Report:

<https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-Radpie-v1.0.pdf>


