RADAR BRIDGE, RADARDAO, RADAR PROTOCOL.
#Crypto #Radar #Investing #DeFi#RADARDAO #RADARBRIDGE
RADAR, the Complete and Powerful Decentralized Asset Management Ecosystem!
Radar bridges the gap between the centralized finance economy and the new Defi revolution.
It is a decentralized platform with interconnected tools that allow you to manage your wealth in real-time and independently of any central institution.
As a vault manager, radar offers you various decentralized applications to trade, stake, and provide liquidity while getting rewarded for your contribution.
Cross-chain allows the crypto trader and investor to switch between different blockchain networks to meet his needs. With the cross-chain technology, Defi will see wider adoption.
Radar ecosystem uses this cross-chain technology to simplify token swapping, attract more users while growing its liquidity.
Radar has three Decentralized Components:
RADAR Protocol
You can check this component’s interface here: https://radarprotocol.com
This tool allows you to access all data regarding your Vaults and the performance of the existing Vaults.
“Top Investment Vaults”
You will be able to observe those of the most profitable returns inside the top investment vaults, as well as your investment’s current value.
“Featured Vaults”
is another performance tracker that highlights the best ROI Vaults.
“Your Transactions”
You will be able to check all your transactions so you can make better future decisions.
With RADAR, you can access different Vault types and choose where to invest your money.
Radar Vaults are for yield, trading, loaning, and NFTs. Just choose what is most profitable for you.
The good things have yet to come!
In addition to the RADAR’s protocol features, you’ll enjoy the power of a decentralized mobile wallet and a terminal from where you can swap your tokens, using a cross-chain technology, with lower slippage, light-speed transactions, and optimal gas fees.
RADAR Wallet
The wallet will allow you to check your vaults, manage or do simple swapping.
RADAR will launch a mobile browser integrated within the wallet to enjoy the power of more decentralized applications.
RADAR Terminal
A powerful liquidity aggregator allows users to swap their tokens easily while experiencing the power of Defi.
The RADAR users will enjoy a lower slippage rate, cheaper fees, and immediate transactions.
These benefits are attainable using a decentralized cross-chain network.
Staking your Radar tokens
If you want a surefire way to grow your inactive/lazy Radar tokens, then staking them is the way to enjoy a passive income.
Radar offers 10% APY as a yearly return on your staked Radar tokens.
By staking your tokens, you will generate yield, contribute to the RADAR ecosystem growth and enhance the liquid pool health.
ne problem of the variety of blockchains is their inability to interoperate or communicate with each other. This is where Radar steps in, trying to solve one of the biggest problems in the industry: Open Interoperability and bring the future of blockchain synergy. Our next step in tackling this issue is simple: RADAR BRIDGE 📡
On Radar Bridge users will be able to transfer their assets between different networks in the easiest way possible. Hence, pathing the way for a new DeFi experience where protocols can communicate and operate among themselves better and faster. Initially, users will be able to bridge their $RADAR tokens between the ETH and BSC networks.
How it works
When tokens are moved from one network to another:
- The user initiates a token swap from network X to network Y
- Original tokens are locked in the smart contract of the bridge
- New tokens are minted and assigned to the same address that originally initiated the swap or to a completely different one, where the users choses to transfer the tokens
- If tokens are to be redeemed from the second network back to the first, after the initial swap, the Tokens from the 2nd chain are burned
Radar bridge uses “mint-and-burn functions” to keep token supply constant across all platforms: tokens are burned from one blockchain and minted in the other.
Step 2.
Choose the blockchains and asset you want to use.
Step 3.
Enter the amount you want to transfer.
Step 4.
Input the address from the destination chain.
Step 5.
Give permission and swap your tokens from one chain to the other.
Step 6.
Bridging and claiming tokens
Whenever bridging tokens from one chain to another, please do not leave the Radar Bridge page until the transaction is confirmed and you get a success message, since you will not be able to see the “Claim Tokens” popup.
In the case of such an event happening (leaving the page, closing the page or the page getting stuck due to a network error), you can do the following:
1. Copy the transaction hash (TX HASH) of the transaction where tokens were bridged (to help you identify it, it is the transaction where tokens are being sent to the RadarBridgeProxy contract) (the transaction needs to be confirmed).
2. Go to the ‘Settings’ page and paste the TX HASH, choose the token you have bridged and the blockchain from which you bridged them (for example if you bridged from ETH to BSC, select ETH).
3. Click ‘Submit’
4. Go to the Home Page, there should be a banner that says “You have tokens to claim”.
5. Click on the banner and follow the instructions
Connect with Radar
WEB: https://radar.global/
TELEGRAM: https://t.me/radarprotocol
TWITTER: https://twitter.com/radarprotocol
author
Forum Username: Hecame
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2441712
Telegram Username: @hecame2020
BSC Wallet Address: 0x51d7a44f9252ee3ae448e03e3363b9dedb7e1081
