Radiant Capital: All on-chain markets have been restarted, and a comprehensive compensation plan after the attack is being promoted

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According to ChainCatcher, Radiant Capital officially announced that the new DAO community committee took office 60 days ago, taking on the task of rebuilding the protocol after the attack on October 16 last year. All on-chain markets of Radiant Capital have been restarted.

During this period, the DAO has completed several key progress: relaunched all core and RIZ markets, and optimized economic mechanisms and reserve strategies; developed a community-led compensation plan, promising to compensate for lost funds through 1:1 long-term contracts, with priority given to compensation for small-amount users; and clarified the funding method for compensation through governance voting.

Additionally, the DAO has restructured its organizational framework, optimized team division of labor and supplier management, reduced costs, and improved execution efficiency.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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