TechFlow reports that the multi-chain lending protocol Radiant Capital has launched on Ethereum, supported by LayerZero Labs, Stargate, and Balancer. They will airdrop 500,000 ARB tokens to users who have locked dLP on the mainnet for 6–12 months.
The airdrop is based on a snapshot of Ethereum blocks, with the snapshot window set to close within 30 to 60 days. The exact timing will remain confidential until closure to prevent manipulation.
Currently, 1 million dLP are already locked on Ethereum. The 500,000 ARB tokens to be distributed are unrelated to Radiant’s recent short-term incentive program from the Arbitrum Foundation; instead, they come from the initial ARB token allocation remaining from March 2023.
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