Magpie Community Proposes Support for Radiant Economic Reforms

According to Foresight News, the Magpie community has released a proposal titled 'Radpie Support for Radiant Economic Reform Guidance.' The proposal seeks input from vlMGP holders to determine whether to endorse Radpie's RIP #19 proposal, which backs Radiant Capital's RFP-51 economic reform. RFP-51 was introduced in response to a security incident involving Radiant in October 2024. The reform measures include a dynamic reserve factor, a new revenue distribution model, a weighted emission allocation system, and the establishment of the Radiant Guardian Fund. These initiatives aim to restore trust, reduce RDNT inflation, and enhance the resilience of the protocol.