Core Concepts
The Fundamental Building Blocks of the Ridera Protocol
📌 Overview
Ridera introduces a new class of Real-World Asset tokenization centered around Real-World Work (RWW). To understand how the protocol operates end-to-end, it is important to understand four foundational concepts:
SRU (Standardized Revenue Unit)
Cycle System
Proof Registry
Yield Vault
RDR Token
These concepts form the backbone of Ridera’s mobility-based RWA infrastructure.
🔷 1. SRU — Standardized Revenue Unit
SRU is Ridera’s universal measurement of global mobility income.
It converts raw earnings from delivery riders, couriers, and fleet operators into a single comparable unit, regardless of:
country
currency
platform (Uber, Swiggy, DoorDash, Grab)
work category (full-time / part-time / peak-only)
Why SRU Exists
Mobility earnings are inconsistent:
₹800 INR ≠ $20 USD
Zomato ≠ Uber Eats ≠ Rappi
India ≠ UAE ≠ USA
SRU normalizes these differences using:
country weighting
platform weighting
category weighting
SRU is the foundation for:
yield distribution
mobility reputation scoring
decentralized worker identity
future financial primitives
🔷 2. Cycle System (24-Hour Verification Cycle)
Ridera divides global earnings into daily cycles, each representing one finalized batch of global submissions.
Cycle Includes:
total SRU generated
individual SRU per worker
Merkle root of all proofs
timestamp
cycle ID
Why Cycles Matter
Cycles ensure:
transparency
fairness
consistent reward periods
verifiable snapshots of daily global work
Each cycle flows into:
SRU Engine → Proof Registry → Yield Vault
🔷 3. Proof Registry (On-Chain Storage Layer)
The Proof Registry is the immutable source of truth for Ridera.
It stores:
the Merkle root generated for each cycle
the cycle metadata
the total SRU
the timestamp
the batch ID
Why On-Chain Proofs Matter
Every SRU issued must match an on-chain proof
Prevents manipulation or retroactive changes
Enables trust-minimized verifiability
Allows third-party auditing and transparency
The Proof Registry does not store raw earnings. It stores cryptographic proofs of them.
🔷 4. Yield Vault (The Reward Computation Engine)
The Yield Vault is the heart of Ridera’s on-chain economy.
It:
reads daily totalSRU from the Proof Registry
applies the emission model
calculates global daily RDR emissions
distributes rewards to stakers proportionally
Why Yield Vault Is Unique
Ridera yield is:
not APR-based
not price-dependent
not inflationary
Yield is directly tied to real-world work output, making Ridera a true RWA system.
🔷 5. RDR Token (Protocol Utility)
RDR is the native token of Ridera, used for:
staking → earning mobility-backed yield
validator bonding
governance (future phase)
future mobility collateralization systems
Supply Model
RDR uses a capped total supply with controlled emissions linked to SRU, ensuring long-term sustainability.
🔷 How These Concepts Work Together
This creates a trustless, transparent, economically aligned flow from real-world work → on-chain yield.
📄 Continue Reading
Go to Architecture Overview to understand the full system design and component interactions.
Document Version
v1.0 — Core Concepts
Last updated