The RCADE Foundation, in partnership with Revolving Games, finally launched their staking dashboard, giving those with ecosystem NFTs, including nodes purchased during their recent sale, a chance to stake and earn.
For those holding RG Bytes and Nodes, RCADE tokens have been accumulating in the background. These background earnings will stop on October 4th (9am PST), so you’ll want to have your NFTs staked by then to receive the maximum available rewards.
If you don’t plugin your NFTs before the deadline, you will miss out on these early adopter rewards!
RCADE Dashboard
The homepage of the RCADE Dashboard shows your total BRCADE earnings. At the moment, stakers earn BRCADE, which will be exchangeable for RCADE after the token generation event (TGE).
On the Nodes page, holders can plugin their Nodes to begin gathering rewards. Once a Node is staked, you can also power it up by attaching NFTs. This includes the RG Bytes NFTs as well as Skyborne Genesis Immortals. The interface will show you the expected earnings when staking, so you can judge whether or not its worth it to you at that point.
Since these NFTs are on the Ethereum network, there will be some gas fees involved, and unfortunately, the fees will be measured in dollars rather than cents. You’ll have to first approve each type of NFT you’re using during the process, and then also pay a transfer fee to send them over to the staking contract.
You can access the dashboard at https://node.rcade.network/ and read the official Medium post from Revolving Games for more details on using the Dashboard and plugging in nodes/
Earning with the RCADE Node System
Nodes are the backbone of the RCADE Network with node operators contributing compute resources to decentralize the Revolving Games gaming ecosystem.
All rewards are emitted over three years with a 90-day vesting unlock, meaning after 90 days of staking you unlock rewards daily from the 91st day.
For now, Nodes for the RCADE system will function through this abstracted, dashboard system. But, in the future, Revolving Games plans to make their ecosystem truly decentralized by providing software for Node owners to run themselves.
If you want to pick up a Nexus Node, the current floor price is around 0.8 ETH.
More about the RCADE Token
RCADE is the native token for the entire RCADE ecosystem, all of its components, games, existing and future products, integrations, and partnerships. Planned utility includes functionality as an game token for all the games in the ecosystem, a rewards token for players and node runners, governance token, and the transaction token (ie gas) token on the RCADE network.
RCADE will also act as the primary token within the game ecosystem and will be used as payment for games, in-game items, in-game stores, and integrated marketplaces.
The total supply or RCADE will be 40 billion tokens, with half of that allotted to Node rewards.
What is the RCADE Foundation?
The RCADE Foundation is creating a decentralized gaming network (RCADE network) which plans to run as a community-driven chain, with the RCADE token playing a role as the backbone of the governance system.
Powered by Starlings, the RCADE chain focuses on high throughput, low latency, parallel processing, multi-chain integrations, seamless onboarding for new players, as well as services and integrations designed to facilitate development and growth.
The RCADE Chain will feature RCADE nodes for a decentralized ecosystem, with those running and maintaining the nodes receiving rewards from the network. Nodes will have to be purchased, with more sale details expected to be revealed sometime soon.
RCADE is currently running a ‘Side Quest’ program, letting people earn points which can be redeemed for RCADE tokens during the TGE (token generation event).
Visit the Revolving Games webpage for more information about their company, the RCADE foundation, and the RCADE chain.
All games made by Revolving Games will be on the RCADE network, with the first early access playtests expected to start before the end of 2024.
