TechFlow news, Radiant Capital announced that according to RFP-34, the Radiant DAO has approved the integration of a new weETH market on both Arbitrum and Ethereum mainnets. The launch will first go live on Arbitrum, followed by Ethereum in the near term.
The weETH market will enable users to earn 1x Eigenlayer points, as well as 2x MULTIPLIER points on ether.fi. In addition to these points, users will also receive rewards from four other sources: staking yield, restaking yield, Radiant's base market interest rate, and RDNT emissions.
Radiant has partnered with Chaos Labs to set initial borrowing and supply caps at 2,000 weETH and 400 weETH respectively. These caps have been conservatively defined and will gradually increase over time as the market grows.
