Radiant’s new proposal recommends deprecating DAI as a lending-backed asset on Arbitrum
On February 4th, Radiant Capital, a multi-chain lending protocol, initiated the RFP-32 community proposal vote, suggesting to abandon DAI as the supported asset for the Radiant currency market on the Arbitrum chain, in order to address the stagnant and limited utility of the DAI market on Arbitrum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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