🤖Smart dLP Converter
Maximize your dLP conversions
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 avenues for passive income. Additionally, RDNT and dLP holders are presented with the advantage of a consistent income 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?
mdLP represents Radpie’s adaptation of Radiant’s dLP. By converting dLP into mdLP and staking it on Radpie, users can earn a portion of the platform’s revenue.
Converting dLP into mdLP
On Radpie, users have the option to convert dLP into mdLP to tap into its advantages.
dLP to mdLP Swap
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
The Smart dLP Converter offers users the optimal exchange rate for converting their dLP tokens into mdLP. 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
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.
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