Ridotto and Don-key Join Forces to Combine Gambling with Yield Farming
Just a few days after announcing Ridotto’s MVP — a partner specific decentralized lottery and slot machine protocol — the team has already locked down its first gaming collaborator: Don-key Finance, a platform that pairs investor liquidity with professionally designed yield farming strategies.
Beyond investing in Ridotto through its private round, Don-key and Ridotto will work together to gamify DeFi at a level that has never been tried before. Specifically, Don-key and its community will get to bankroll and earn profits from a Ridotto built slot machine, dedicated solely to Don-key Finance. Through it, liquidity providers and gamblers alike.will earn and play in $DON — thereby adding extra utility to the token.
Also, as a means of diversifying Ridotto’s lottery offerings, the team will integrate Don-key’s innovative, first of its kind product: The No-Loss Farmer’s Lottery. Every month, users will be able to gamble their yield farming profits in a bid to earn the combined winnings of the entire pool.
Lastly, and most excitingly, Don-key Finance will utilize Ridotto Build to launch their very own DeFi based casino game. Ridotto’s easy to use infrastructure will enable Don-key’s developers to fast-track a casino game that will feature farming collateralized NFTs and a player vs player, competitive farming game featuring Don-key’s strategy builder.
Don-key Finance’s CEO Gil Shpirman commented: “Ridotto is doing some amazing work. They are deconstructing casinos and reimaging them to be more free, transparent, and for the people. Naturally, Don-key is excited to be a part of it. ”
For those who missed last week’s contest, you can still participate in it by clicking here. Every week until the IDO, Ridotto will announce a new contest meant to reward community dedication and skills, both creative and intellectual. Stay tuned for the second contest, announced tomorrow!
About Don-key Finance
Partners and investors refer to Don-key as the eToro of Yield Farming, which is a title the team embraces wholeheartedly. The goal of the platform is to eliminate Yield Farming’s infamous complexity and replace it with a seamless retail experience, streamlined to offer the most profitable and adaptive product on the market.
Through Don-key Finance, users can route their liquidity — in whichever token they chose — through professionally designed strategies that are updated to chase the highest available APY while minimizing risk. The platform’s in-built competitive selection system forces farmers to compete, thereby ensuring that returns are as high as possible.
Competitive Yield Farming is a full-time job; Don-key does it, so you don’t have to.
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.