Wow, $RDO increased by 30% in 24 hours!

The last time I urged everyone to pay attention to $RDO, I mentioned that Reddio has a first-mover advantage in the parallel EVM track.

The trend and performance are quite good now; is it worth looking forward to the next steps of the Alpha ladder competition? For example, contracts, or even spot trading together with contracts?

➤ In the past seven days, Reddio's key actions have been:

1) June 6: Participated in the new round of the Alpha trading competition, with a total reward of 3.3 million USD;

2) June 3: RDO is now supported on two partnered staking platforms, Qubitdex and Native_fi, both of which support BNB Chain;

Both of these actions actually present derivative opportunities!

There's no need to say much about the trading competition; it can greatly enhance the project's visibility and the trading volume of the tokens!

So there's an opportunity here; is the yield from forming an LP objective?

Since the official pool only consists of BNB/RDO, can we follow the previous idea and form a USDT/RDO pool?

I haven't tried it yet; I'll leave the practical work to my partners!

The staking platforms’ support for BNB Chain actually shows the close relationship between Reddio and them.

A side note: I asked Reddio the other day about $RDO's poor liquidity on Ethereum, and since participation in staking required cross-chain transactions, that night both platforms began to support BNB Chain.

In addition to technical support, staking RDO on BNB Chain can also yield returns (Native: 178%, Qubit: 375%).

Last time, I mentioned hedging, but the depth of the contracts was not very good at that time, and the staking capacity was also not high, so a few big investors said hedging was not easy.

However, some community members chose to directly purchase tokens for staking, and if they have staked until now, they have gained both ways!

The total value of staking on Native and Qubit is currently about: 20WU

DeFi Enthusiast: BitHappy