Core Concepts

The Fundamental Building Blocks of the Ridera Protocol

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📌 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.

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🔷 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

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🔷 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

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🔷 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.

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🔷 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.

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🔷 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.

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🔷 How These Concepts Work Together

Worker Earnings
↓
Oracle Verification
↓
SRU Engine → Standardized Revenue
↓
Proof Registry → On-Chain Proofs
↓
Yield Vault → Computes RDR Emissions
↓
Stakers Receive Rewards

This creates a trustless, transparent, economically aligned flow from real-world work → on-chain yield.

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📄 Continue Reading

Go to Architecture Overview to understand the full system design and component interactions.

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Document Version

v1.0 — Core Concepts