Multi-chain lending protocol Radiant Capital has been launched on Ethereum and is supported by LayerZero Labs, Stargate, and Balancer.
500,000 ARB will be airdropped to all dLP holders on the mainnet for 6-12 months. The first snapshot of Starfleet season 2 starts from Ethereum block height 18479253. The snapshot window will end in 30-60 days, and to prevent manipulation, the exact duration of the snapshot window will remain private until it ends.
Currently, 1 million dLP has been locked on Ethereum, and 500,000 ARB will be distributed soon. For clarity, this event is unrelated to Radiant’s recent qualification for the Arbitrum Foundation’s short-term incentive program and uses the remainder of the initial ARB received in March 2023.