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

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.