Coming up on the release of Ridotto’s NFT Farming, the team wants to compliment this awesome new token utility with the sidelining ability to earn generous yield from staking $RDT.
Starting on December 20th, community members will have a twenty day grace period to deposit their tokens (until January 9th,) and stake for either 60 days to earn up to 20% APY, or stake for 150 days to get a much more generous 110% APY.
As staking will be live on both Binance Smart Chain and Ethereum, the specific reward breakdown is as follows:
*As an important note of clarification, these staking opportunities are short term token utility specified for rewards, and are not the casino related liquidity pools that will go live with the Ridotto casino and early Minimum Viable Product
Ridotto is the very first cross-chain gambling and lottery protocol based on complete transparency, anonymity, security, and fairness. Built on Cardano, our approach is to provide an open protocol driven by the community, where users can play, build, and even bankroll casino games, thus earning generous liquidity. Ridotto’s overarching goal is to elevate the user to the role of “house,” thereby offering a fully scalable alternative to centralized online gambling.
Beyond our vibrant flagship casino, we will unleash retail ingenuity by giving users the decentralized infrastructure to experiment and evolve the gambling ecosystem, much like the App Store did for mobile gaming.