Comment on page
The native token in the Rodeo ecosystem.
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
xRDO > RDO redeem
The redeem process to convert xRDO to RDO utilizes proportional linear vesting, the duration of which is selected by the user.
** If the selected vesting duration is lower than the maximum ratio, the unclaimed excess RDO is burned or redistributed to xRDO stakers.
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.
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