Will Radiant Capital’s RDNT enjoy a bullish course? Binance has an answer
March 31, 2023
By Michael Nderitu
Realistic or not, here’s RDNT’s market cap in BTC’s terms
Binance has embraced the first second-generation DeFi lending and borrowing platform.
RDNT’s demand was off to a slow start, but a spike in daily active addresses spike showed promise.
On 30 March, Binance [BNB], the largest crypto exchange in the world, announced the listing of RDNT. The latter is the native token for an upcoming multi-chain DeFi platform Radiant Capital.
Initial reports revealed that RDNT will be available for yield farming for the first 40 days after its launch. Binance users will have to stake TrueUSD [TUSD] and BNB in different mining pools if they wish to earn RDNT yields.
What to expect from RDNT after Binance’s listing
The hype around the RDNT token may yield some accumulation, especially with access to liquidity through Binance. However, the launch may also lead to a higher circulating supply, which might curb the potential upside.
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