Thread by @RiddlerDeFi

If you wanna succeed at gambling

You better get a slice of the cake

The house always win & so do $ALP depositoors 🤝

Introducing the $USDT brrrr machine by $ARC🧵

1/

What is ALP? 🎲

ALP is the LP for casino activities on @arcadeum_io

It's a single-sided $USDT pool 💲

At the moment it gives around 6% in APR

https://twitter.com/LouisCooper_/status/1626625796331966465

@arcadeum_io 2/

What is @arcadeum_io?

Arcadeum is a #GambleFi project and decentralized casino on @arbitrum ♠️♥️

It has 10 casino games + slots 🎰

It will soon bring 1000x futures and sports betting

https://twitter.com/FungiAlpha/status/1631237075197411329

@arcadeum_io @arbitrum 3/

Basics covered, let's check how ALP is doing

Why is it bullish for $ARC & why this is a great place to park your stables?

On $USDT: Why did Arcadeum go with it instead of $USDC?

➝ @circle TOS forbid $USDC use for gambling 🎲

@arcadeum_io @arbitrum @circle 4/

First off: Cheer to the team for the $1M in TVL 🤝

Outstanding result in such a short time

The pool went first live on Feb 17th, not even a month of life!

https://twitter.com/arcadeum_io/status/1636257566283141122ù

@arcadeum_io @arbitrum @circle 5/

ALP providers are entitled to a cut of the house profits

It carries no performance fees but has a small deposit and withdrawal fee

This fee is capped at 1%, but VIP users can get discounts 💸

Fees are rerouted to staked $ARC derivatives

@arcadeum_io @arbitrum @circle 6/

It has no cooldowns and it's always solvent, as it uses no leverage

Large jackpots can't run the LP dry thanks to the max bet mechanism 🧢

Calculated with house hedge and ALP reserves

Thanks to it, ALP is +EV, always in positive

Do you see it anon? 👇

@arcadeum_io @arbitrum @circle 7/

This system creates a flywheel effect

Max bet, TVL, APR, and volumes work within a positive feedback loop

And that's why it has doubled in size in less than a month 👇

https://twitter.com/LouisCooper_/status/1626625819690041346

@arcadeum_io @arbitrum @circle 8/

@arcadeum_io has partnered with @Stablzone

In case you wanted to jump in from $ETH you can do it this way

STABLZ.ONE has its own ALP pool

2 Stables' loving protocols working together 🤝

https://twitter.com/Stablzone/status/1632169871806013440

@arcadeum_io @arbitrum @circle @Stablzone 9/

Soon you'll be also be able to run this with leverage

Another partnership, with @YamaFinance this time

Yama protocol will offer a 10x leverage on the ALP yield 🏌️‍♂️

https://twitter.com/YamaFinance/status/1627741588469256205

@arcadeum_io @arbitrum @circle @Stablzone @YamaFinance 10/

For investors' safety of mind, @arcadeum_io has been getting audited 🔍

Every single smart contract from the vast $ARC tokenomics

Shoutout @SolidityFinance

@arcadeum_io @arbitrum @circle @Stablzone @YamaFinance @SolidityFinance 11/ Fellow chad accounts you should follow:

@AltcoinGordon
@LouisCooper_
@LadyofCrypto1
@SamuelXeus
@JackNiewold
@ChadCaff
@MoonKing___
@Tanaka_L2
@ElonTrades
@EricCryptoman
@SamuelXeus

Who did I miss?

@arcadeum_io @arbitrum @circle @Stablzone @YamaFinance @SolidityFinance @AltcoinGordon @LouisCooper_ @LadyofCrypto1 @SamuelXeus @JackNiewold @ChadCaff @MoonKing___ @Tanaka_L2 @ElonTrades @EricCryptoman 12/ That's a wrap!

Do you have a bag of $ARC yet?

Let me know in the comments below

If you enjoyed this thread show some love by dropping a RT on the first post🤝

https://twitter.com/RiddlerDeFi/status/1636448763941101575