Radiant

MN Coin

According to onchain analyst <a rel="noopener noreferrer nofollow" target="_blank" href="https://twitter.com/EmberCN">@EmberCN</a> monitoring, Andrew Kang, co-founder of cryptocurrency venture capital firm Mechanism Capital, made multiple purchases totaling 3,717,429 $RDNT tokens (approximately 1.05 million USD) at an average cost of around 0.285 USD.&nbsp;On June 8th, Andrew Kang posted on Twitter under the title "The New King of Money Market - The Thesis for RDNT" to share his investment thesis for Radiant.<img src="https://s2.tokeninsight.com/static/calendar/img20230608115847e81f3981-e2fe-47d2-beab-2d627b5f0986.jpg"><a target="_blank" href="https://tokeninsight.com/en/coins/radiant-capital/overview">Radiant Capital</a> is a native lending protocol on <a target="_blank" href="https://tokeninsight.com/en/coins/arbitrum/overview">Arbitrum</a>, similar to <a target="_blank" href="https://tokeninsight.com/en/coins/aave/overview">AAVE</a> and <a target="_blank" href="https://tokeninsight.com/en/coins/compound/overview">Compound</a>. However, unlike traditional lending protocols, Radiant's lending service includes cross-chain functionality. Users can deposit collateral on chain A and then borrow from chain B. This feature can help Radiant improve its scalability on both aspects, blockchains and assets.&nbsp;<a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com">news@tokeninsight.com</a>. Your trust will be well respected.

Mechanism Founder Andrew Kang tweeted his Investment Thesis for $RDNT

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