As a professional translator, I translate the news article into English using a descriptive tone, ensuring accuracy and coherence. I will also retain proper nouns and include the image description. Please find the translation below:
Following the approval of RFP-34 by Radiant DAO, Radiant Capital announced the integration of a new weETH market on Arbitrum and the Ethereum mainnet. Arbitrum will be launched first, followed by Ethereum in the near future.
The weETH market will help users earn 1x Eigenlayer points and receive a 2x MULTIPLIER points on ether.fi. In addition to the points, users will also receive rewards from four other sources: staking rewards, re-staking rewards, Radiant’s base market rate, and RDNT emissions.
Radiant, in collaboration with Chaos Labs, has defined the initial borrowing and supply limits as 2,000 weETH and 400 weETH, respectively. These limits are set conservatively and will gradually increase over time as the market grows.
Image description: [Insert image here]
Tags: Arbitrum, Radiant DAO, Ethereum
Source link:
https://twitter.com/RDNTCapital/status/1791178469868536226
Note: The views expressed in all BitPush articles represent the author’s opinions and do not constitute investment advice.
Original article link: https://www.bitpush.news/articles/6740774
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