Pledge Racing
By: Gabby Gorgonio | September 16, 2022
Massive waves of updates have arrived, and come to be remembered! Pledge Racing has come into the game; be sure to read about this exciting new feature in this article.
What is Pledge Racing
Pledge Racing is the new mode that will replace Standard VIS Racing. This means that Standard VIS racing will no longer be available for the players.
In order to participate in Pledge Racing, you must pay a VIS fee in order to enter. This fee is then accumulated, a portion of the prize pool is burnt, and the remainder is distributed as prizes toward the winners of the race.
The VIS entry fee and awards are determined by the breed of your Pega. Refer to the chart below to view the fee and awards for the various classes:
(Last Updated: 12/05/2022)
Crowned Pega will receive the same rewards as the Legendary/Founding breed-types
Drop Racing Update
Drop Racing will now also require users to pay the “Flat Fee” of 60 VIS in order to participate in the races. This fee is applied to all classes. There will be no other changes toward the Drop Racing Energy System.
Gold VIS On-Chain & Silver Locked VIS Off-Chain
Silver Locked VIS as Off-Chain Entry Fee is an innovation created by the team in order to improve the user-experience of players for off-chain operations. Exchanging your VIS tokens will be at a fixed rate of 1:1.
The purpose of this process is not to remove VIS completely off chain and remove the token, but is to minimize the transactions required when playing, it is important that players understand this distinction.
Key Takeaway:
- You still need to use Gold VIS on-chain for breeding, fusing, crafting, name change, apply food, and reroll services currently.
- On the other hand, Silver locked VIS off-chain can only be used for race entry fees.
When you deposit your Gold VIS (On-Chain), it turns into Silver Locked VIS. (Locked means held in the game.)
Entering Pledge Racing will require the use of Silver Locked VIS (entry fee).
- Users move their VIS from their wallet or unclaimed VIS by depositing Silver Locked VIS.
- Silver Locked VIS will deduct when entering races.
A user can withdraw after the 15 day locked up period.
Token Management Tutorial
1. Click on the Wallet Icon on the top right of your screen.
2. From there, you will be able to view Token Management, which allows for both Deposit and Withdrawal of VIS.
Deposit:
- When depositing, place the number you want from your wallet to put into your Silver VIS.
- We set a minimum deposit of 1000 VIS to avoid possible spam.
Withdraw:
- When withdrawing, place the number you want to take from your Silver VIS to send into your wallet.
- If Metamask confirmation does not show, check your Token Management History. Give this a few minutes to process.
- Continue by the Withdraw button and confirm the Metamask transaction.
Deposit is currently available for Mobile, but Withdrawal is not. When using the mobile app and you have run out of Silver locked VIS, a pop-up notice will appear informing you that you have run out of Silver locked VIS.
Alternatively, you can always deposit and withdraw on the web browser game.
Renting Modes
Renters are capable of defining how much they will pay in regards to the entry fee through the specifications of the owner’s reward share and race entry fees.
1. Public Share – The owner will determine the reward share percentage and amount paid for race entry fees. The amount of reward share and entry fee payment can be different, for example, 50% reward share but the owner pays 80% of all race entry fees. If the owner runs out of Silver VIS for pledge racing, the renter will be prompted and given the option to return the Pega.
2. Paid Rent Fee – Renter will pay 100% of the entry fee in Drop Racing and Pledge Racing.
3. Direct Rent (Private) – The owner will determine the reward share percentage and amount paid for race entry fees. The amount of reward share and entry fee payment can be different, for example, 50% reward share but the owner pays 80% of all race entry fees. If the owner runs out of Silver VIS for pledge racing, the renter will be prompted and given the option to return the Pega.
FAQs
Q: Can I use Gold VIS to pay the race entry fee?
A: No. You can only use Silver locked VIS to pay the race entry fee.
Q: Can I deposit and withdraw PGX or other in game tokens?
A: No. You can only deposit and withdraw VIS tokens.
Q: Is there a limit to depositing VIS tokens?
A: None, there’s no limit for depositing VIS tokens. However, the minimum deposit is 1000 VIS, this is to stop users spamming small transactions.
Q: How often can I withdraw from MiraiBank?
A: You can withdraw every 15 days from the last withdrawal.
Q: What is the default cost for users who are already in a direct rental or public rental agreement?
A: It will default to 50:50 cost between the owner and rentee for both Pledge Racing and Drop Racing
Q: Do I need to bring back my Pega to edit the pay percentage?
A: For Direct Rent (Private), you can change the race entry fee share without taking a Pega back. For Public Share Rent, you will need to take the Pega back.
Q: Can I deposit VIS on the mobile app?
A: Yes, the function is available within the mobile app. But initially, you need to approve it once from the web. Please note that there is a 1hr cooldown per deposit.
VIS
PGX