plsRDNT

A quick reference on plsASSETs.

plsRDNT Rework

On October 16th, 2024, Radiant Capital suffered a major exploit resulting in losses exceeding $53 million. Radiant began rapidly rebuilding their operations during 2025 and following PRFC-18 in late 2025, Plutus began rework on $plsRDNT. The goal of the rework was to simplify the token to be more on par with other plsASSETs. The new token is slated to release in Q1/2026, with a pipeline to convert from old $plsRDNT to the new counterpart through the Plutus dApp.

General Information

$plsRDNT is a liquid staking derivative of the max-locked dLP token, 80/20 RDNT-WETH, on Radiant. Users can stake the $plsRDNT token for overcollaterized rewards through the Plutus dApp. The rewards are determined by the underlying dLP token's yield.

Fees

Plutus takes a 12% performance fee on the underlying 80/20 RDNT-WETH yield. Generally this fee is outweighed by the overcollaterization, resulting in higher net yield for your staked $plsRDNT, but the protocol can't guarantee that to be always the case. This fee is used to overcollaterize and provide liquidity. Additionally, the fee is taken into account in performance metrics, so what you see is what you get.

Overcollaterization

Like all other plsASSETs, $plsRDNT is an overcollaterized asset, meaning there are more yield-bearing than yield-earning tokens. The level of overcollaterization defines the amount of extra yield paid to staked $plsRDNT holders from the underlying max-locked dLP Token.

plsRDNT Diagram