ARC to Fiat Converter

Arcadeum: A Decentralized, On-Chain Casino

Arcadeum is a fully on-chain, self-custodial decentralized casino with a provably low house edge.

### How Betting Works
Bets are facilitated by a liquidity pool where depositors absorb losses and distribute wins. The platform uses API3’s QRNG Airnode for verifiably fair random number generation.

Arcadeum promotes transparency, ensuring players understand game mechanics, risks, odds, and payouts.

### Tokenomics

#### ARC (Base Utility Token)
- Fixed supply with no additional minting.
- Currently fully functional on Arbitrum, though bridgeable to other chains.

#### sARC (Staked ARC)
- Accrues a share of protocol revenue.
- Can be staked or unstaked at any time in a 1:1 ratio with ARC—no fees, lockups, or cooldowns.

#### xARC (Burnt ARC)
- Accrues a larger share of protocol revenue.
- Convertible from ARC at a 1:1 ratio (no fees or limits).
- Unlike sARC, xARC cannot be converted back—the underlying ARC is permanently burnt.

#### esARC (Escrowed ARC)
- Accrues protocol revenue but is not immediately redeemable.
- Each esARC is backed 1:1 by ARC.
- Unvesting takes one year, during which no revenue is earned.
- Note: Starting a new unvesting process resets the timer.

If Arcadeum expands to other EVM-compatible chains, the ARC token may integrate with bridges like Synapse. Existing holders are protected from dilution.

### ALP (Arcadeum Liquidity Pool Token)
- A single-asset (USDT) liquidity pool.
- Providers earn a share of house revenue proportional to their deposit.
- Supports zap deposits via Uniswap with no extra fees.

### Betting Mechanics
- Bets are denominated and paid in USDT.
- Players must approve USDT spending before playing.
- Max bet limits are determined by payout potential, bet size, and ALP liquidity.

#### Betting Process
1. First Transaction: Player initiates the bet via wallet confirmation.
2. Second Transaction: API3’s QRNG submits a random number, finalizing the bet outcome.
- Players pay gas for both transactions upfront.
- Due to blockchain constraints, randomness cannot be generated in a single transaction.

### Referral & Gamification
- Players can refer others, earning a lifetime share of fees from referred players (paid in USDT).
- Additional features include experience points (XP), levels, and profile customization.

Arcadeum provides a transparent, decentralized gaming experience with clear incentives for players and liquidity providers.