## RDNT Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Radiant Capital (RDNT):** A cross-chain DeFi protocol allowing users to earn interest and borrow assets. * **Launched:** October 2021. * **Market Cap:** ~$167 million (as of March 2, 2024). * **Rank:** #330 on CoinMarketCap. * **Unique Features:** * **Cross-chain lending and borrowing:** Supports various blockchains like Ethereum and Arbitrum. * **High APYs:** Offers competitive interest rates for deposited assets. * **RDNT token utility:** Used for governance, fee discounts, and protocol revenue sharing.
**Recent News:**
* **Feb 23, 2024:** **Important:** Radiant DAO Council temporarily suspends lending and borrowing markets due to an exploit on the USDC market on Arbitrum. [Source unavailable due to privacy policy] * **Feb 14, 2024:** Radiant launches new partnerships with various DeFi projects.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice. * **Crucially, lending and borrowing are currently suspended on the platform due to the recent exploit.** * Cryptocurrency investments are highly volatile and carry significant risks. * Do your own research before making any investment decisions.
**Additional Notes:**
* RDNT price has seen significant volatility recently, and the recent exploit is likely impacting investor confidence. * While the platform offers innovative features, the exploit highlights the inherent risks in DeFi protocols. * It's essential to be aware of these risks and conduct thorough research before engaging in any DeFi activities.
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