Economy
Last updated
Last updated
Arcadia has implemented a carefully designed rake fee structure to support the platform’s economic health and enhance player engagement. This structure serves dual purposes: it encourages the utilization of Arcadia’s native token, $GAMES, while accommodating the diverse preferences of our players who may choose to wager using base tokens from integrated blockchains.
Detailed Rake Fees
Using Arcadia’s Token ($GAMES): A nominal rake fee of 1% is charged when players use $GAMES to wager funds. This lower fee is strategically set to promote the frequent usage of Arcadia’s token, thereby bolstering its circulation and reinforcing its value within the ecosystem.
For wagers made with base tokens from any integrated blockchains, the rake fee is increased to 2.5%. This adjustment reflects the additional complexities and costs associated with managing transactions across multiple blockchain environments.
The rake collected from game plays is allocated in three distinct ways, each supporting a crucial aspect of Arcadia’s operational and strategic framework:
Stakers’ Revenue Share (33%): A third of all rake fees collected are returned to the community, specifically to those staking $GAMES tokens. This revenue-sharing approach incentivizes the staking process, offering token holders a return on investment through a passive income model. It simultaneously enhances the liquidity and financial stability of the platform’s tokens.
Token Burn (33%): To ensure the long-term value and scarcity of $GAMES 33% of the rake is systematically burned. This process permanently reduces the total token supply, thereby potentially increasing the value of the remaining tokens and aligning with deflationary economic principles that benefit all token holders.
Treasury Funding (33%): The remaining third of the rake fee is allocated to the Arcadia treasury. These funds are crucial for sustaining the platform’s growth and scalability. They are used to finance development projects, marketing campaigns, and the operational costs necessary to maintain and expand the platform.
An important component of the rake fee structure is its integration into the platform’s competitive framework. Only wagers made using $GAMES contribute to a player’s ranking on the leaderboard. This policy is designed to deepen the engagement with Arcadia’s native token, encouraging its active use in gameplay and competitions. In contrast, while wagers made with base chain tokens are supported and welcomed, they do not influence leaderboard standings. This approach ensures that the competitive elements of Arcadia remain closely tied to the tokenomics of $GAMES, further supporting the token’s central role in the ecosystem.
Through this comprehensive rake fee structure, Arcadia not only fosters a robust economic environment but also creates a dynamic and engaging platform for players, stakers, and investors alike. This strategy underscores our commitment to delivering a sustainable and thriving gaming community, where economic incentives align with entertainment and competitive play.
Arcadia is dedicated to creating a vibrant and competitive gaming environment that not only captivates players but also rewards their skills and participation generously. At the core of this experience are the Leaderboards and Player Rewards systems, designed to foster a spirited competitive atmosphere across the platform.
Overview of Leaderboards
The Arcadia platform features dynamic leaderboards with monthly rankings that motivate players to engage consistently. Players earn points by participating in various games and tournaments, contributing to their standings on these leaderboards. The system is structured to recognize and reward skill, strategy, and frequent participation.
Weekly and Monthly Rankings:
Players have the opportunity to compete in monthly leaderboards. These frequent updates keep the competition lively and allow players to set short-term goals for climbing the rankings.
Integration with Tournaments:
Participation in daily and weekly tournaments not only provides players with the chance to win immediate prizes but also helps them accumulate more points for the leaderboard. This integration ensures that every game played contributes towards broader competitive goals.
Player Rewards System
Arcadia has allocated 40% of the total token supply, amounting to 400 million $GAMES tokens, specifically for player rewards. This substantial allocation underscores the platform’s commitment to rewarding players and maintaining a rewarding ecosystem, whether that be through casual playing or competitive tournaments.
Emissions Schedule:
The emission of these player rewards tokens is scheduled to last for 48 months post-Token Generation Event (TGE), ensuring a steady flow of rewards that incentivize ongoing participation and engagement on the platform.
Reward Distribution:
Rewards are distributed based on leaderboard standings and tournament outcomes, with tokens directly credited to players’ wallets. This direct reward mechanism keeps the community engaged and continuously fuels the competitive spirit within the platform.
Arcadia enhances the gaming experience by hosting a variety of tournaments and special events:
Regular Tournaments: Daily and weekly game-specific tournaments are a staple on the platform, offering players numerous opportunities to showcase their skills, earn additional leaderboard points, and win part of dedicated prize pools.
Special Prize Pools: These tournaments are not only about points but also feature dedicated prize pools that provide tangible rewards for top performers, adding an extra layer of excitement to each event.
Collaborations with Ambassadors & Partners: Arcadia collaborates with various ambassadors who host tournaments with their audiences. These events serve to integrate different gaming communities within Arcadia, enhancing the platform’s diversity and reach.
The leaderboards and player rewards are integral to the Arcadia ecosystem, serving several strategic purposes:
Encouraging Regular Participation:
By tying rewards to frequent and skilled gameplay, Arcadia encourages consistent activity on the platform. This helps maintain a lively user base and fosters a competitive environment.
Building Community:
The leaderboard system and the community-centric approach of tournaments foster a strong sense of community among players. This is further enhanced by the interaction with ambassadors and participation in community-led events.
Promoting Token Circulation:
The distribution of $GAMES tokens as rewards promotes their circulation within the ecosystem. This not only supports the token’s economy but also enhances its utility and value.
Arcadia’s token economy is ingeniously designed to reward active participation while ensuring long-term value through a deflationary mechanism. At the heart of this model is the strategic burning of 33% of all rake fees collected in the platform’s native token, $GAMES. This burning process systematically reduces the total supply of tokens, inherently increasing their scarcity and potential value over time. As players continue to engage with games and tournaments, the tokens they earn and spend contribute directly to this deflationary cycle, creating a self-sustaining loop that not only rewards immediate participation but also secures the token’s value for future transactions. By cleverly balancing rewarding incentives with a robust deflationary strategy, Arcadia’s token model offers a sustainable economic foundation that encourages long-term investment and engagement within its gaming ecosystem.
In summary, the leaderboards and player rewards system on the Arcadia platform are thoughtfully designed to enrich the gaming experience, reward community engagement, and sustain the economic health of the platform. By offering consistent, transparent, and attractive incentives, Arcadia aims to become a leading destination in the blockchain gaming space, where players can enjoy the thrill of competition and reap substantial rewards for their participation and prowess.
