TechFlow News, Radiant Capital has initiated RFP-27 proposal aiming to reach consensus within the Radiant DAO on capital restructuring for the Arbitrum lending market and repayment of the WETH market's excess debt. The proposal presents three options:
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Using DAO funds and operational expenses to repay bad debt, given the attack value was 1,902 ETH (currently $4.3 million), involving the DAO selling approximately $360,000 worth of RDNT tokens monthly over 12 months;
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In addition to Option 1, include ETH to repay the DAO Treasury, specifically using ETH obtained from selling RDNT tokens over one year to replenish the DAO Treasury;
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And to re-strategize the plan.
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