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About Arcadeum
- Arcadeum is a decentralized casino with a provably low and highly competitive house edge.
- Random number generation is verifiably fair through a tailored API3 QRNG Airnode integration.
- ARC is Arcadeum’s base utility token with a fixed supply.
- sARC (Staked ARC) is a staked variant of ARC that accrues a cut of protocol revenue.
- xARC (Burnt ARC) is another derivative of ARC that accrues a larger cut of protocol revenue.
- esARC (Escrowed ARC) is an escrowed wrapper around ARC that accrues a slice of protocol revenue.
- ALP (Arcadeum’s LP Token) is
About Arcadeum: Unlocking the Future of Gaming
Arcadeum is a decentralized, fully on-chain, and self-custodial casino, boasting a demonstrably low and highly competitive house edge that sets a new standard in the industry.
A decentralized betting system is facilitated through a shared liquidity pool, where depositors absorb losses and distribute winnings. By integrating a tailored API3 QRNG Airnode, the generation of random numbers is ensured to be transparently and verifiably fair.
Arcadeum pioneers a gaming realm where players are empowered with a profound understanding of the risks, odds, payouts, and underlying mechanisms that govern the games they engage with.
Arcadeum’s fundamental utility token, ARC, boasts a fixed supply, ensuring that no additional tokens can be minted. Although ARC can be bridged to other chains, its comprehensive features are presently exclusive to Arbitrum.
sARC (Staked ARC) is a staked variant of ARC, which entitles holders to a proportion of protocol-generated revenue. Notably, ARC and sARC are interchangeable on a one-to-one basis, allowing users to seamlessly convert between the two at any time, without incurring fees, cooldown periods, or lock-in requirements.
xARC (Burnt ARC) is a derivative of ARC that commands a larger share of protocol revenue. Notably, ARC can be exchanged for xARC at a 1:1 ratio, free from fees and limitations. However, in contrast to sARC, the underlying tokens are permanently removed from circulation when ARC is converted to xARC. Consequently, xARC cannot be reverted back to its more liquid counterpart, ARC.
esARC (Escrowed ARC), as its name implies, is a wrapper around ARC that is escrowed, thereby accruing a proportion of protocol revenue. Although not instantly redeemable, each esARC token is backed by a corresponding ARC token. esARC can be converted into ARC, but this process, known as unvesting, takes precisely one year to complete. During this vesting period, no protocol revenue accrues. Note: Unvesting additional esARC tokens prior to the expiration of the current vesting period resets the clock.
Upon the eventual release of Arcadeum on other Ethereum Virtual Machine compatible blockchains, plans are in place to integrate the ARC token with a bridge, such as Synapse, thereby ensuring seamless interoperability. Notably, regardless of the number of blockchains Arcadeum expands to, the dilution of existing holders’ interests is categorically ruled out.
ALP (Arcadeum’s LP Token) represents a single-asset liquidity pool, granting liquidity providers a proportionate share of the house based on their deposited amount. Notably, USDT serves as the pool’s base asset, while zap deposits routed through Uniswap are seamlessly supported via Arcadeum’s web interface, sans additional fees.
Arcadeum facilitates wagering denominated in USDT and distributes rewards in the same stablecoin, ensuring a seamless and convenient gaming experience.
Before engaging in gameplay, players must initially authorize their USDT spend limit via a smart contract. To guarantee seamless operations, maximum bet limitations are instituted, taking into account the maximum payout of each wager, the bet size, and the amount of USDT held in ALP, which serves as the “house” entity.
Bets entail a synchronous, two-transaction process that is inherently non-reentrant in nature.
The inaugural transaction is triggered when the player initiates a wager by affirming the transaction prompt in their digital wallet, which appears upon clicking the prominent green “Bet” button on the web interface.
The second transaction is initiated when the QRNG (quantum random number generation) provider (API3) submits a transaction to fulfill the random number generation request submitted by the game’s smart contract in the first transaction, thereby determining the outcome of the bet initiated by the player. Upon confirmation of this second transaction, the game reaches its conclusion.
Upon initiating their inaugural transaction, players incur gas fees for both the initial and subsequent transactions.
Owing to the inherent constraints of on-chain transactions, it is not feasible to request and generate verifiably random numbers within a single transaction.
By leveraging their unique wallet address, any player can invite others to the platform, thereby earning a perpetual commission on all fees generated by their referrals. These fees are seamlessly streamed in USDT directly to the referrer’s wallet, providing a lifelong revenue stream.
Beyond the aforementioned features, a plethora of other gamification elements exist, including experience points (XP), levels, and profile customization, all of which serve to enrich the user experience.