Mechanism Founder Andrew Kang tweeted his Investment Thesis for $RDNT

According to onchain analyst @EmberCN 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. 

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.

Radiant Capital is a native lending protocol on Arbitrum, similar to AAVE and Compound. 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.

 

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