Inflation alone is not a sustainable way to expand and grow APR
While there is a place for emissions as a way to feed the growth and expansion of Radiant, Plutus doesn’t support a primary method of expedited emissions as the means to incentivize usage.
Without further mechanisms or plans to bring some sustainable incentives to RIZ we are against the expedited emissions of RDNT.
We will not however just shoot this down and acknowledge the need for means to keep growing and expanding.
Suggestions to address the root cause
- Efficiently directed rewards through gauges
Gauge style distribution control passed through to dLP not only makes the direction of rewards more efficient growing the APR in critical areas with users but also creates demand for dLP as increasing APR in your corner of the sandbox is accessible through acquiring dLP to direct them. - Expand by removing obstacles from RIZ market opening
Permissionless opening of new RIZ markets would open the field for users and protocols to build markets on top of Radiant bringing users and TVL organically - Proactively guide usage through dynamic fee splits
There have been rumours of implementing a dynamic fee split so that a larger portion would be directed towards lenders during times of high utilisation. Having a way to control the growth of TVL or growing Utilization to combat issues related to high util is key to growing the pie and ultimately bringing the rewards back to dLP. This functionality is pluggable into gauges, too, to further bring value and control to the users most aligned with Radiant.
