Rodeo Token

Rodeo will be launching our $RDO token on Camelot June 27-30 For details on the sale, see here and WL requirements & benefits here

RDO Token

The native token in the Rodeo ecosystem.

Ticker: RDO Chain: Arbitrum Max Supply: 100,000,000 Contract: 0x033f193b3Fceb22a440e89A2867E8FEE181594D9

xRDO Token

xRDO is a non-transferrable governance & utility token, correlated to staked RDO. xRDO is utilized in the Rodeo Silos in exchange for benefits such as revenue share, boosted leverage, and more. See Silos page for utility cases and conversion details

Chain: Arbitrum Contract: 0x45a58482c3B8Ce0e8435E407fC7d34266f0A010D

xRDO > RDO redeem

The redeem process to convert xRDO to RDO utilizes proportional linear vesting, the duration of which is selected by the user.

	Min Conversion Vesting	Max Conversion Vesting
Time	15 days	6 months
Ratio	50%	100%

** If the selected vesting duration is lower than the maximum ratio, the unclaimed excess RDO is burned or redistributed to xRDO stakers.

Tokenomics

Category	Percent of Supply	# of Tokens	Unlocked at TGE	Cliff (months)	Vesting Mo. (daily linear)
Private Seed Round	9.6%	9,600,000	10%	-	12
Public raise	12%	12,000,000	100%	-	-
POL	4.5%	4,500,000	100%	-	-
Airdrops	1.0%	1,000,000	0.0%	-	-
Liquidity incentives	30%	30,000,000	0.0%	-	-
Partner Incentives	10%	10,000,000	10.0%		6
Ecosystem	17.9%	17,900,000	10.0%		12
Team	15.0%	15,000,000	0.0%	6	24

Emissions

The below chart shares the most up-to-date emissions schedule for RDO.

Note: this schedule assumes emissions of Partners and Ecosystem funds, which are used on an as-needed basis.

Liquidity Incentives

To encourage utilization within the Rodeo ecosystem, liquidity incentives will aim to tackle friction points and reward long term user supporters

The initial iteration will utilize a decaying emissions rate with rewards distributed as 80:20 ratio of xRDO to RDO to encourage utilization and long term alignment of the protocol in the growth phase

Secondary iteration will introduce a dynamic flywheel to boost incentives and create more sustainable emissions