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What Is Radiant Capital?

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Jun 8, 2023
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3 min read
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This blog post will cover:

  • About Radiant Capital (RDNT)
  • Where did Radiant Capital (RDNT) come from?
  • What are the advantages of Radiant Capital (RDNT)?
  • What are the disadvantages of Radiant Capital (RDNT)?
  • How to buy Radiant Capital (RDNT) on SimpleSwap?

About Radiant Capital (RDNT)

This project is aiming to give users an opportunity to deposit and borrow crypto assets from various chains without any problems. 

RDNT is an official token. Through active participation and offering valuable services within the ecosystem, individuals have the opportunity to acquire the increased worth generated by community involvement, all facilitated by RDNT, which encompasses both borrower transactions and platform charges.

There’s a relevant roadmap available on the official website of the company, so we can see the global plans on the project’s development:

© Radiant Capital

Where did Radiant Capital (RDNT) come from?

The concept was created in 2022 by a core team of 5 people. The whole team has more than 10 members. The mission of the project is split into 3 sections: 

  1. Unification
    
    Their objective is to consolidate the fragmented liquidity found in Web3 money markets, amounting to billions, through a secure, user-friendly, and efficient omnichain protocol.
  2. Simplification
    
    The team wants to streamline the lending process in the
    DeFi space, making it accessible to the upcoming generation of users. This will offer individuals the ability to seamlessly deposit and borrow across different chains while earning sustainable rewards and protocol revenue.
  3. Innovation
    
    The approach to DeFi 3.0 cultivates a sustainable and flexible ecosystem. 

What are the advantages of Radiant Capital (RDNT)?

  1. Completely decentralized
    
    The platform positions itself as a decentralized and community-driven organization, meaning it is not regulated by a single entity.  
  2. Cross-chain market
    
    The cross-chain functionality allows users to deal with assets within one ecosystem — in an easy and fast way. 

What are the disadvantages of Radiant Capital (RDNT)?

  1. Young company
    
    The project was founded in 2022, and it has not gained trust amid the crypto community yet. It needs more time for the adoption and attracting investors to its side.

How to buy Radiant Capital (RDNT) on SimpleSwap?

Want to purchase RDNT and join the Radiant Capital ecosystem? SimpleSwap is here to help. Follow the short guide below:

  1. Select the cryptocurrency you would like to exchange (e.g., Bitcoin). Enter the amount you want to swap.
  2. Choose RDNT in the second drop-down list (the crypto you would like to receive). You will see the estimated amount that you will get after the exchange.
  3. Click the Exchange button.
  4. Enter the Recipient's Address. RDNT will be sent there. Please check that you entered the right address.
  5. Create the exchange.
  6. You will see the BTC deposit address. You need to transfer the necessary amount of BTC to this address to start the exchange. After that, wait for tokens to reach your wallet.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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