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Risk Ponzenomics and Use-Cases

With crypto popularity growing in the gambling sector, a need appeared for decentralized gambling protocols to streamline scattered liquidity and create a single silo for on-chain gambling.

As crypto gambling shifts toward on-chain gambling, Risk addresses the issue of creating a decentralized and secure asset vault for games to utilize as additional liquidity when utilized for gambling.

What is RISK?

Developing on-chain games can be an expensive endeavor, especially when it comes to providing network liquidity for rewards. Without a reliable source of liquidity, blockchain games struggle to deliver what players seek the most – real financial incentives.

Risk is pioneering a solution with an automated liquidity pool specifically for on-chain gambling. This vault empowers any game developer building on BLAST to offer near-instant payouts, easing the financial burden. To preserve the decentralized ethos, Risk has established a DAO. This DAO anonymously votes on incorporating games into the Risk pools and provides a robust game engine for seamless integration of exciting gaming experiences through smart contracts.

An added perk for developers is the commission paid out by the protocol. For each reward issued in Risk tokens, developers earn commissions, incentivizing them to build and innovate within the Risk ecosystem.

RISK integration into every decentralized game

Blockchain games, whether focused on gambling or not, inherently involve speculation integral to the GameFi economy. On-chain P2E (Play-to-Earn) games use tokenized rewards to drive participation, indirectly boosting the ecosystem’s value.

Risk’s token-based liquidity system allows it to support a diverse array of platforms, not just gambling or P2E games. This versatility means Risk can provide liquidity solutions for both Web3 and traditional betting markets.

On Risk, liquidity comes from sources like DAI, ETH and USDB contributing to the total pool. Once approved by the DAO, games gain access to this pool, enabling them to utilize funds without needing external sources.

As Risk expands across different sectors and integrates easily with on-chain games, attracting further investment from LP stakers and Risk token holders is crucial. This ensures a steady influx of assets and maintains a balanced token ecosystem.

Risk Ponzenomics

Risk is set to launch with a comprehensive tokenomics structure designed to balance the needs of early backers, the team, and the wider ecosystem. Our total token supply is capped at 100 million, with a strategic allocation to ensure long-term sustainability and growth. Here's how the allocation breaks down:

  1. Public Sale: 25% (25,000,000 tokens) → 100% unlocked at Token Generation Event (TGE).

  2. Ecosystem Incentives: 10% (10,000,000 tokens)

    Allocation based on governance votes, supporting various ecosystem activities.

  3. Early Backers: 20% (20,000,000 tokens

    40% unlocked at TGE, followed by a linear vesting period over 3 months.

  4. Liquidity Pools: 5% (5,000,000 tokens)

  5. Strategic Partnerships: 15% (15,000,000 tokens)

    For forging key partnerships that propel the Risk platform forward.

  6. Team & Advisors: 15% (15,000,000 tokens)

    With a 1-year cliff and linear vesting over the next two years, aligning long-term interests.

  7. Treasury: 10% (10,000,000 tokens)

    Reserved for future developments, unforeseen expenses, and strategic moves.

  8. Airdrop: 15% (15,000,000 tokens)

    To reward and engage the community.

    Details of the public sale are to be announced, but we're committed to ensuring it's as fair as possible, rewarding early participants and contributing to the protocol's healthy launch.

Gas Pay-Back

Risk is excited to unveil our Gas Fee Rebate Program. This innovative feature leverages BLAST’s unique gas fee revenue return model. Here’s how it works:

  • Gas Fee Returns: A portion of the gas fees generated by transactions on the Risk platform will be pooled.

  • Rebate to Players and Developers: Regularly, a percentage of these collected gas fees will be distributed back to our active players and game developers.

  • Incentivizing Engagement: This program is designed to reward those who are most active on our platform, encouraging both gameplay and development.

  • Enhanced User Experience: By offsetting some of the transaction costs, we aim to make the on-chain gaming experience more accessible and enjoyable.

Risk Big Bang Airdrop

100% Airdrop Allocation to Our Community

In a move that underscores our dedication to the Risk community, we pledge to allocate 100% of the proceeds we receive from the BLAST Developer Airdrop directly back to our community. This decision aims to ensure that every benefit we gain from BLAST is passed on to those who support and believe in Risk. Here’s what this means:

  • Incentivizing the Community: A portion of the airdrop proceeds will be used to reward our most active and loyal users. This is our way of saying 'thank you' to the community that supports us and helps us grow.

  • Enhancing $RISK Holder Value: We’re committed to ensuring that $RISK token holders feel the direct benefits of our participation in the airdrop. This could include exclusive rewards, enhanced yields, or special promotions tailored for our token holders.

  • Marketing and Development: Additional resources will enable us to ramp up our marketing efforts, attracting new users and developers to Risk. Furthermore, these funds will fuel further development, ensuring that our platform remains cutting-edge and user-friendly.

Stepping Up in the Big Bang Competition

The Big Bang competition is more than just a contest; it’s a showcase of innovation and creativity within the BLAST ecosystem. By participating, Risk aims to:

  • Demonstrate our Technical Prowess: We'll be putting our best foot forward, showing the robustness and ingenuity of our platform.

  • Gain Visibility and Credibility: Success in the competition will elevate Risk’s standing within the BLAST community and beyond, attracting attention from potential users and collaborators.

  • Forge New Connections: This is a chance to network with other developers, projects, and investors in the BLAST ecosystem, opening doors to future partnerships and opportunities.

Looking Forward

The BLAST Developer Airdrop and Big Bang competition are not just opportunities for growth but also platforms for us to demonstrate our commitment to the BLAST ecosystem and our $RISK token holders

Native Yield and Automated Rewards

At Risk, we are constantly seeking innovative ways to enhance the gaming experience for our users. Leveraging BLAST's unique capabilities, we're excited to introduce two groundbreaking features: Native Yield Integration for Player Deposits and an Automated Yield Reward System.

Native Yield Integration for Player Deposits

  • Earn While You Play: Players on Risk will enjoy more than just the thrill of the game. With BLAST's native yield feature, players' deposited funds will continuously earn a passive yield. This means that while you're engaged in our exciting range of games, your balance isn't just sitting idle – it's growing.

  • Dual Benefit: This integration offers a dual benefit – the potential to win from bets and the added advantage of earning yield on your deposits. It's a win-win, making Risk an even more attractive platform for players looking for value beyond traditional gaming rewards.

  • A Strong Incentive for Longer Play: Encouraging players to keep their funds within the platform, this feature adds a layer of financial incentive, enhancing the overall appeal and stickiness of our casino.

Automated Yield Reward System

  • Rewards That Grow: In addition to the native yield on deposits, our Automated Yield Reward System takes player winnings to the next level. When you win a game at Risk, your winnings don't just sit; they grow. The yield accrues automatically until you decide to claim them, offering a unique twist to your gaming rewards.

  • Incentive to Keep Playing: This system is designed to make the prospect of leaving funds in the platform even more attractive. Players have the opportunity to accumulate more through this automated yield, making every win potentially more valuable over time.

  • Seamless Integration: We've ensured that this feature is seamlessly integrated into our gaming environment. It's effortless, transparent, and adds an exciting dimension to every game played on Risk.

!POINTS

Coming Soon 👀

The Future of Risk

We foresee games of chance continuing to flourish in the blockchain world. With Risk’s liquidity protocol assuring funding, developers can focus more on innovation and creating captivating games without the financial worry. Risk is poised to become a frontrunner in the on-chain gambling domain.

Stay tuned for Risk’s upcoming token.

For more details, follow us on Twitter and join our journey in revolutionizing on-chain gambling on BLAST.