Thread by @RvCrypto

Now that the $ARB airdrop is confirmed, lets have a look at one of the most intersting #gamblefi projects on Arbitrum 👀

@arcadeum_io is that project.

An $ARC 🧵👇

@arcadeum_io 🔸What is $ARC?

Arcadeum is a decentralized casino built on the #Arbitrum network that utilizes liquidity pools to pay out users.

Arcadeum is build fully on-chain with a low house edge that makes it fair and interesting for gamblers 🕵️‍♂️

@arcadeum_io With the goal of creating the go-to crypto casino or as the team puts it "the Uniswap of on-chain betting" the team has been constant with rolling out updates, new games, and partnerships.

The team plans to build Arcadeum into the biggest and most transparent online casino.

@arcadeum_io 🔸How does @arcadeum_io achieve provably fair odds?

Arcadeum uses a third-party random number generator (RNG) called API3 to ensure complete randomness and decentralization.

API3 and its QRNG have been proven to be safer than older on-chain RNG methods.

@arcadeum_io This essentially makes @arcadeum_io the worlds first truly provably fair gambling platform as well as being the first to distribute all of the revenue without keeping any of the house profits for itself 🔥

But thats not all...

@arcadeum_io 🔸With $ALP you can be the house 🧠

With decentralization and transparency being a priority the team uses its own liquidity pool token $ALP to ensure payouts and fairness.

$ALP entitles liquidity providers to a cut of the house creating a rewards mechanism for LPs.

@arcadeum_io 🔸Tokenomics

I'll be going more in-depth on the tokenomics behind both $ALP their liquidity token and $ARC their native token and all the options it has to get yourself some juicy #RealYield in a 🧵 coming soon.

@arcadeum_io 🔸Games

The @arcadeum_io team launched right off the bat with half a dozen games and has plenty more in the works.

Currently, the house edge for games ranges from just 1% up to 4%.

A normal roulette game has a house edge of 5.5%

@arcadeum_io Current games available on @arcadeum_io are:

•Roulette
•Dice
•Wheel
•Slide
•Limbo
•Rock, Paper, Scissors
•Coinflip

Dozens more are in the works including sports betting and high-leverage crypto futures.

@arcadeum_io 🔸What are the @arcadeum_io fees?

Arcadeum has a handful of fees:

1️⃣ Betting fees
2️⃣ Referral fees
3️⃣ $ALP withdrawal & deposit fees

@arcadeum_io 1️⃣ Betting Fees

Every bet that happens on the platform incurs a fee.

This fee can never be greater than either 1% of the bet size or $5.

@arcadeum_io 2️⃣ Referral fees

@arcadeum_io has a referral program allowing users to refer new players and in return earn 20% of the referred players' fees.

The other 80% is distributed into $sARC, $xARC, and $esARC. (We'll cover these in the tokenomics🧵 coming soon)

https://twitter.com/arcadeum_io/status/1627506945694334976

@arcadeum_io 3️⃣ $ALP Deposit & Withdrawal Fees

Fees on both deposits and withdrawals range from 0.1% to 1%.

100% of both of these fees is then distributed to sARC, xARC, and esARC.

@arcadeum_io In the coming weeks, I will also be doing a deep dive into both the tokenomics behind @arcadeum_io and the current and upcoming games.

The tokenomics for this project are super impressive so be sure to follow me at @RvCrypto to catch that.

@arcadeum_io Useful Links

Website: arcadeum.io
Twitter: twitter.com/arcadeum_io twitter.com/arcadeum_io
Docs: arcadeum.gitbook.io/arcadeum/
Chart: dexscreener.com/arbitrum/0xc0f…

@arcadeum_io Who is also intersted in $ARC?

@CryptoKaduna
@LouisCooper_
@RiddlerDeFi
@ChadCaff
@0xFlips
@tehMoonwalkeR
@crypthoem
@JackNiewold
@VirtualKenji
@AltcoinGordon
@MoonKing___
@SamuelXeus
@CrossChainAlex

@arcadeum_io @CryptoKaduna @LouisCooper_ @RiddlerDeFi @ChadCaff @0xFlips @tehMoonwalkeR @crypthoem @JackNiewold @VirtualKenji @AltcoinGordon @MoonKing___ @SamuelXeus @CrossChainAlex Thanks for taking the time to get this far🤝

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https://twitter.com/RvCrypto/status/1636647855694782466