💡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).