Radpie’s April Wrap-Up

Magpie
Radpie
Published in
2 min readMay 1, 2024

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Last month at Radpie, our initiatives focused on deepening Radpie’s integration within the Radiant Capital ecosystem and enhancing our technological infrastructure, ensuring our community benefits from increasingly efficient and robust DeFi opportunities.

A highlight of April was the community’s approval of RIP #2, which marked a critical governance milestone for Radpie. This approval illustrates our community’s trust and active participation in shaping our platform’s future. RIP #2 set our course for a pivotal vote at Radiant Capital regarding RDNT supply adjustment, aimed at fueling Radiant’s expansion and, by extension, Radpie’s growth and revenue potential across new blockchain ecosystems.

The Magpie treasury also cast its supportive vote for Radiant’s RFP #33, showcasing our strategic alignment with Radiant Capital’s broader goals and our commitment to mutual growth within the ecosystem.

Additionally, we launched the new mdLP-dLP Pool with Cake rewards, an exciting development that promises to enhance the liquidity options available to our users and provide them with additional avenues for earning rewards. This is possible thanks to our active participation on Cakepie’s Voting Market.

Let’s review some highlights from April:

In the month of May, Radpie remains committed to pioneering innovations and exploring new possibilities within the DeFi landscape. The approval of strategic proposals and the launch of new features this April have set the stage for further advancements and community-driven success. Our journey continues with the promise of new opportunities and the ongoing mission to empower our users with superior DeFi solutions. We are excited to see what the future holds and thank our community for its continued support and engagement.

About Radpie: Created as a SubDAO within Magpie, Radpie stands at the forefront of enhancing yield and refining governance for Radiant Capital enthusiasts. Drawing power from the robust foundation of Radiant’s infrastructure, it stands as a beacon of enhanced advantages. Radpie’s core mechanism involves the locking of dLP tokens, which fortifies governance rights and triggers RDNT distribution for deposits and borrows in the Radiant ecosystem. Radpie enables Radiant users and dLP holders to access RDNT rewards and increased revenue without any lock-up period.

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