Radpie’s March Wrap-Up

Magpie
Radpie
Published in
3 min readApr 1, 2024

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March was a whirlwind of activity for Radpie, marking a period of significant growth, advancements, and community engagement. As we continue our journey through the vast DeFi cosmos, let’s take a moment to reflect on the major milestones and achievements that have defined Radpie’s trajectory over the past month.

We began the month by increasing the USDC quota to enhance support for native USDC over USDC within the Arbitrum ecosystem, in collaboration with Radiant and Gauntlet. Then we launched the Smart dLP Converter which went live on both BNB Chain and Arbitrum, offering optimized conversion rates for our users and reinforcing the efficiency of our platform. The introduction of the Smart dLP Converter is a testament to our commitment to innovation and maximizing opportunities for users efficiently. By facilitating better conversion rates for dLP to mdLP on the BNB chain and Arbitrum, we’re not only enhancing user experience but also contributing to the stability and growth of the space.

Additionally, the launch and subsequent sell-out of STIP dLP RUSH #3 and #4 not only showcased the community’s enthusiasm but also reinforced Radpie’s position as a key player in the Radiant Capital and DeFi ecosystem.

March saw the debut and approval of RIP #1 by our vlRDP holders, marking a significant step in our governance and platform evolution. This proposal green-lights the transition to rToken-Based Reward Distribution for Enhanced Efficiency. The approval of RIP #1 is a major step in Radpie’s governance, illustrating the power of community decision-making and the collective vision we share for the platform’s future.

Let’s review some highlights from March:

As we bid farewell to March and look forward to the adventures April will bring, we’re filled with anticipation for what the future holds. Our journey is far from over, and the possibilities are as boundless as the universe itself. We remain dedicated to exploring new frontiers, enhancing our platform, and providing our community with unparalleled opportunities for growth and rewards.

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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