Radiant has restored the lending market on the ETH mainnet, adding settings such as time lock and emergency administrator

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Odaily Planet Daily News Radiant officially announced that the lending market on the ETH mainnet has been restored. The ownership of the contract has been transferred to a new time lock contract, and future adjustments to the protocol will be enforced with a mandatory 72-hour waiting period, thereby enhancing protocol security. In addition, Radiant has added an emergency administrator role with a multisignature structure, specifically responsible for pausing and resuming the protocol as needed. The Radiant DAO also strengthened its multisignature settings, reducing the number of required signatories to seven and adopting a 4/7 signature threshold. Earlier, it was reported that Radiant suffered a Hacker attack, resulting in a loss of 5300 million dollars.

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GateUser-8d74b98bvip
· 2024-11-07 20:52
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