Introduction to RCADE Staking Dashboard
The RCADE Foundation, in collaboration with Revolving Games, has officially launched its staking dashboard. This platform allows holders of ecosystem NFTs, including nodes obtained during a recent sale, to stake their assets and earn rewards.
Owners of RG Bytes and Nodes should note that RCADE tokens have been accumulating automatically. However, the earning period will end on October 4th at 9 AM PST. It is essential to stake your NFTs before this deadline to receive the maximum possible rewards.
Failing to plug in your NFTs by the cut-off date means that you could miss out on significant early adopter incentives.
Features of the RCADE Dashboard
The RCADE Dashboard’s homepage displays your total accrued BRCADE earnings. Currently, stakers earn BRCADE, which can be swapped for RCADE following the token generation event (TGE).
On the Nodes page, users can connect their Nodes to start earning rewards. After staking a Node, additional power can be sourced by integrating NFTs like RG Bytes and Skyborne Genesis Immortals. The dashboard interface will provide you with anticipated earnings, enabling you to evaluate the staking’s profitability.
It’s important to remember that since these NFTs operate on the Ethereum network, you will incur gas fees, which may be substantial. You’ll need to approve each NFT type involved and pay a transfer fee to process the staking transaction.
To access the dashboard, visit RCADE Dashboard and check the official Medium post for comprehensive guidance.
Understanding the RCADE Node System
Nodes play a crucial role in the RCADE Network, with operators providing computing resources to enhance the decentralization of the Revolving Games ecosystem.
All rewards distributed will occur over a span of three years, featuring a 90-day vesting schedule. After this period, stakeholders will unlock their rewards on a daily basis beginning on the 91st day.
Initially, RCADE Nodes will operate through this streamlined dashboard approach, but Revolving Games intends to transition toward a fully decentralized model by equipping Node owners with the necessary software to manage their own operations.
If you’re interested in acquiring a Nexus Node, check out the current floor price, which is approximately 0.8 ETH.
What to Know About RCADE Tokens
RCADE serves as the native token of the entire RCADE ecosystem, encompassing its various components, games, current and future products, as well as partnerships. This token is poised to have multiple utilities, including:
- Token for in-game transactions
- Rewards for players and Node operators
- Governance participation
- Functioning as a gas/token for transactions on the RCADE network
As the primary currency within the gaming ecosystem, RCADE will facilitate payments for games, in-game assets, and transactions within integrated marketplaces.
The total supply of RCADE will be capped at 40 billion tokens, with half designated for Node rewards.
The Mission of the RCADE Foundation
The RCADE Foundation aims to establish a decentralized gaming network characterized by community governance, with the RCADE token at the governance framework’s core.
Utilizing Starlings technology, the RCADE chain emphasizes high throughput, low latency, parallel processing, and multi-chain integrations, enabling seamless entry for new players along with services to support development and growth.
This ecosystem will feature RCADE nodes, rewarding those who operate and maintain them. Nodes will be available for purchase, with further sale information to be disclosed shortly.
RCADE is currently executing a Side Quest initiative, providing participants with points redeemable for RCADE tokens during the TGE.
For more insights into Revolving Games and the broader RCADE ecosystem, visit the Revolving Games website.
The first early access playtests for games developed by Revolving Games are anticipated to commence before the end of 2024.
