TechFlow Insights
As Radiant has evolved, existing protocols have launched on top of this dapp. Radpie is one of them, incubated by magpie, functioning similarly to how Penpie is built on Pendle. Radpie is a yield/governance aggregator that accumulates dLP so users can earn $RDNT rewards from their lending positions without having to lock dLP themselves. It further benefits the Radiant ecosystem by attracting additional liquidity to the protocol.
As dLP holders, users can stake dLP on Radpie (as mdLP) to earn: Radiant fees; Radpie fees; and RDP emissions. On Radiant, dLP is locked for several months, whereas on Radpie, users can enter and exit positions at any time. $RDP is Radpie's governance token and accrues fees generated by users on the platform. By locking $RDP into vlRDP, users can participate in governance and receive these protocol fees. The protocol's mainnet launch is planned for August.
