It's been a month since I started using @RDNTCapital
As always, I put my money where my mouth is!
I've thoroughly tested the application to help you understand why this project is so fantastic!
๐๐% ๐ฉ๐ซ๐จ๐๐ข๐ญ ๐ข๐ง ๐ ๐ฆ๐จ๐ง๐ญ๐ก !
Check it out and make the most of it!๐๐งต
Radiant protocol: a truly fantastic app!
The best part? 60% of my earnings come from protocol fees.
With the upcoming #Ethereum launch, it's set to become a game-changer.
Discover how it works and unlock its full potential.
I'm providing you with a spreadsheet at the end that you can easily copy to do your own calculations!
This way, you'll know what you stand to gain and even estimate the potential value of your $RDNT during the bull run. Get ready to crunch the numbers and maximize your earnings!
๐ Let's dive into how Radiant works!
There are multiple ways to earn rewards by using the platform:
1๏ธโฃ Level 1: Risk-free lending.
2๏ธโฃ Level 2: More complex, involving compound interest through lending, borrowing
3๏ธโฃ Level 3: The dynamic LP option, the one we will look at
For your information you can use dLP on both #Arbitrum and #BNBCHAIN.
But the pool composition are different :
- Arbitrum : 80% RDNT / 20% ETH
- BNBCHAIN : 50% RDNT / 50% BNB
the risks are lower on BNB side.
Let's break down how it works:
1๏ธโฃ Deposit into the lending pool (Note: Volume is crucial as it determines the minimum required to earn protocol fees).
2๏ธโฃ Borrow the desired amount (e.g., $ETH on Arbitrum / $BNB on BNBCHAIN).
3๏ธโฃ Zap the borrowed assets into dynamic LP (dLP).
The more you deposit into the lending pool, the greater the need to increase your dLP holdings to earn fees.
This intelligent design encourages active participation in the protocol to reap rewards.
Here's how it works and what you gain.
By optimizing your lending deposit, you minimize the impact of borrowing that you'll need to do.
Ideally, aim for a 10x dLP volume in lending (most of the time). This ensures a favorable ratio for maximizing your rewards.
Over the past month, I've increased my Lending volume to 5x compare to my dLP.
My goal for this month is to reach 10x, further enhancing efficiency.
Impressive profit for my dLP this month, especially with the $RDNT purchased at $0.24 USD!
Despite the interest incurred from borrowing, let's break down your current figures:
โข Borrow: $313 USD
โข dLP: $328.78 USD
โข Gain: $15.78 USD
Let's now examine the gains made through emissions and fees. Since my dLP is locked for 1 year, it also enables the emission of $ARB, even while farming on the BSC.
Breakdown of my earnings:
$RDNT emission: $14.69 USD
โข Protocol fees: $20.14 USD
โข Total gain: $34.83 USD
Now let's have a closer look at it if we work on Annual earnings :
$570 USD for a year without compounding
30% of my global lending
180% of my dLP.
Impressive, right ?
Since one month, this revenue is quite linear.
If you push the calculation a bit further :
Protocol fees : $302 USD
RDNT rewards : $271.24 USD
Lending APR : $65.32 USD
Borrowing APR : -$184.32 USD
Global earning at current price : $455.19 USD
By selling part of your protocol fees or your $RDNT you will easily compensate.
You have different way to see it :
1๏ธโฃ Sell your $RDNT to repay your borrowing position
2๏ธโฃ Sell your Fees to repay your borrowing position
3๏ธโฃ Compound your rewards into your dLP to repay your borrowing at the end.
The third option is particularly intriguing because it allows you to offset your borrowing easily by investing in your dLP over time.
๐ By regularly compounding your RDNT into dLP, you can enhance your earnings and maximize the benefits of participating in the Radiant protocol.
In the future, when you withdraw your dLP after one year, you'll have the means to easily repay your loan if the project succeeds.
Simultaneously, you'll continue to earn protocol fees, providing you with an opportunity to hedge your position and mitigate risks.
Thanks to Radiant, I've achieved over 15% profit in just one month.
Nice right ?!
However, it's important to note that there is always a risk involved in any investment.
It's crucial to DYOR (Do Your Own Research), understand the project thoroughly, and make informed decisions.