# RISKY.LOL
The house always wins.
### RISKY.LOL is the leading trustless player-owned casino platform
**RISKY.LOL** is creating a new standard of **decentralized staking** and gaming in the web3 space. Launch centered on **Arbitrum One**; RISKY.LOL intends to expand to all chains as the **de-facto DeFi** **house standard**.
### **Our platform is like no other**
• **Decentralization:** The full risky stack hinges on decentralized processes - all **results** and sources are **verifiable on chain**.\
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• **Player-owned Model:** The house liquidity consists of **user-staked** positions, and **house rewards** belong to the stakers in kind.\
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• **Casino Factory:** Risky's platform enables **any** **ERC20 token** to be **staked** and/or **bet** with. Modeled after the Uniswap factory system, RISKY.LOL will be able to cater to any community and drive powerful volume.\
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• **Referrals:** Users are given a sizable **rebate** on house edge in exchange for **referrals**. A **discount** is applied for using a referral code, and **payments** are sent to referrers for bringing volume.
# Roadmap
What to expect.
### Q4 2022 - MVP
* [x] Community building
* [x] Influencer on-boarding
* [x] Contract V1
* [x] Frontend V1
### Q1 2023 - Ecosystem Development
* [x] DICE V2 Testnet
* [x] Frontend V2 Testnet
* [x] Monotoken Staking
* [x] DICE V2 Mainnet
* [x] Frontend V2 Mainnet
* [x] Polytoken Staking
* [x] NFT Groundwork
### Q2 2023 - Expansion
* [x] Strategic Partnerships
* [ ] esDICE rewards
* [ ] DICE staking
* [ ] Slots
* [ ] Roulette
* [ ] NFT Launch
* [ ] Widgets
* [ ] VRF solution
### Q3 2023 - Beyond
* [ ] Multichain
* [ ] More games
* [ ] Futures
* [ ] Loans
# Tokenomics
DICE is the platform's utility and governance token, holding the token unlocks a variety of benefits.
## Token Information
Party Dice can be found on the Arbitrum One network. The token is live for trading on Sushi Swap, and the v2 token was airdropped (or claimable) to holders in Q1 2023.\
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V1 allowed for token bets directly against the contract via minting and burning with a house edge. DICE v2 expanded greatly on the model and routes the revenue to the people.
## DICE V2 Information
DICE V2 was airdropped to DICE holders at 1:1 amount and value. It still operates off of a mint and burn system for betting. DICE V2 is also entitled to future staking rewards of the polytoken system.\
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Since the launch of Party Dice, drastic improvements have been made to the system:\
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• Quantum RNG\
• Drastically improved fulfillment speed\
• Multibetting\
• Staking, Vesting\
• Player-owned-profits\
• Modularity\
• Referral model\
• Points\
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The token contract is divided into modular pieces which allow for future proofing and an expanded feature set. Dice V2 token will be the core contract, and it will interact with modular betting contracts, the points contract, and the referrals contract.\
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V2 is due for release with a 1:1 airdrop to DICE v1 holders.
## DICE V1 Launch and Stats
Party Dice ($DICE) v1 was launched in **November 2022 on Arbitrum One** network. 100% of the token supply was added to liquidity against 0.1 ETH. DICE v1 uses the RF contract supplied by Treasure Dao.\
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• Initial supply 1,000,000 tokens\
• 2% buy, 8% sell tax -- 4:1 liq:dev ratio\
• 10% house edge on rolls\
• Max wallet at launch - 1%\
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The token was initially launched as a "**public test**" for the future full implementation. Due to the nature of the test's "**success**", Party Dice was be upgraded to a v2 system.
# Unified Casino
A powerful permissionless system manages the new standard in casino models.
## A new standard
DICE V2 launched as a decentralized platform for staking and betting any ERC20 token on any supported blockchain. The system establishes a "Casino Factory," which allows users to stake any ERC20 token and receive a share of the "house pool", and its earnings in exchange.
The house is a collection of funds and logic that are used to facilitate staking and wagering. Owners of the house pool for any particular token are entitled to a share of that pool's earnings.
## How it's made
To facilitate this, DICE V2 utilizes a system of smart contracts known as the "House Router," "House Pool," "House Factory," and "Modular Betting" contracts.
The House Router contract is responsible for initializing the House Pool contracts via the House Factory contract. When a user places a bet on the platform, it is done through the Modular Betting contract, which interacts with the House Router contract. The House Router contract then directs the bet to the correct House Pool contract for the token that the user is betting on.
The House Factory contract is responsible for creating new House Pool contracts for new tokens that are added to the platform. This allows the platform to support staking and betting on any ERC20 token on any supported blockchain.
The Modular Betting contract is a reusable contract that allows for easy integration of different betting mechanisms and game types. This contract is responsible for handling the placement of bets and the payouts to users.
## Wrapping up
Overall, DICE V2 and the Casino Factory provide a decentralized, trustless platform for staking and betting on any ERC20 token on any supported blockchain, utilizing a system of smart contracts to ensure the security and fairness of the platform.
# Staking Rewards
Own the house, win with the house.
## Token Staking
Stake any ERC20 token on any supported platform in exchange for rewards from the house edge!
All stakers of any token in app.risky.lol/liquidity will receive a Risky-version of their token. This token both holds inherent value, and is also a representative share of the pool. Stakers own the pool.\
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When gambling happens in the pool, the house edge is diverted to stakers, and protocol as rewards.\
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Currently, the rewards split is as follows:
* 85% of house edge as rewards to stakers
* 10% of house edge as protocol-owned-liquidity (POL)
* 5% of house edge as payment for team of developers
## DICE Vesting
Vest DICE, or DICE-ETH LP tokens in exchange for a share of all activity throughout the entire platform.\
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Those who vest DICE and D-LP are entitled to the entire cut of the rewards share of DICE-gaming.\
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They are also entitled to a share of the rewards share for all token-gaming activity on the platform.\
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Rewards ratio favors D-LP vesters in order to incentivize deep liquidity.
# Referrals
Powerful incentive program ensures powerful growth.
## Earn your share
Any user may generate their own custom referral code that is associated with their address. When other users play with your code, the player gets a percentage off of house edge, and the referrer gets a kickback in tokens off of the placed bet.\
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The system will be multi-tiered, meaning that referrers get a share of the referral cut for any codes generated from theirs. This system ensures good incentive for both players and builders to spread awareness and build on top of the platform.\
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More information on the referral and tier system will be released in the coming weeks.
## Tiers
| Referral Tier | Availability | Edge Discount | Kickback |
| :-----------: | :------------------------------: | :-----------: | :------: |
| 1 | Available for all users | 5% | 5% |
| 2 | Available after $25,000 volume | 10% | 10% |
| 3 | Available after $500,000 volume. | 10% | 15% |
## All information is subject to changes.
# NFTs
## COMING SOON
# Play Guides
# Dice
Choose your own odds and potential payouts! No fuss, all game.
## Coming Soon
# Roulette
## Coming soon.
# Lottery
## Coming soon.
# Links
Telegram\
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Twitter\
[https://twitter.com/riskydotlol ](https://twitter.com/riskydotlol)\
Docs\
[https://docs.risky.lol](/)