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VIS Withdrawal System Update

By: Gabby Gorgonio | November 29, 2022
VIS Withdrawal System Update

There is a system update for VIS withdrawal that you should come to know. Please read the article to learn about its ins and outs, and have your questions answered!

Silver VIS now has two states:

Claimable Silver VIS: This VIS can be withdrawn and turned into Gold VIS.

  • Gold VIS is the on-chain token that you can trade on the blockchain.

Locked Silver VIS: This VIS can only be used for in-game purposes and cannot be withdrawn (turned into Gold VIS).

UI AdjustmentSilver VIS (Locked) icon (add lock icon) to show the difference between Silver VIS (Claimable) icon

Where can I use my Locked Silver VIS?:

Following this update, you can use your Locked Silver VIS for in-game operations such as…

  • Race Entry Fee for all races.
  • Expand Asset and Rent Stable

Usability for these features is currently under development (placed in order of priority):

  • Fusing
  • Craft Key & Usage of Items
  • Breeding
  • Change Name & Crowning

Not all functionality will come all at once; the list follows the order of development and implementation.

When using any of these features, the UI will show information on the number of needed Locked and Claimable Silver VIS.

Operations, such as fees for racing, will prioritize your Locked Silver VIS. 

Examples of this phenomenon are the following:

  1. If a Pledge Racing entry fee costs 10 VIS, and you currently have 5 Locked Silver VIS and 5 Claimable Silver VIS, the system automatically takes from both balances.
  2. If a Pledge Racing entry fee costs 10 VIS, and you currently have 20 Locked Silver VIS and 5 Claimable Silver VIS, the system will only take from Locked Silver VIS.

How does Claimable Silver VIS turn into Locked Silver VIS?

The First Lock will change all Silver VIS from Claimable to Locked for users who have not raced since the launch of Pledge Racing (September 22, 2022).

For Future Locks, Claimable Silver VIS will become Locked Silver VIS if a user has not raced for 30 days. 

  • As a Scholar or Racer:
    • If you do not race any of your Pega for 30 days.
    • If, at the launch of the VIS Withdrawal update, you have not raced a Pega since Pegaxy’s Pledge Racing update.
  • As a Manager:
    • If you rent all of your Pega out, none have raced for 30 days. This counts for direct rent and public share profit rent modes.

Locked Silver VIS cannot be withdrawn and sold anytime.

While Locked Silver VIS is usable for in-game operations only (as stated above), they can be moved from Locked Silver VIS to Claimable Silver VIS through Racing Rewards.

How do you turn Locked Silver VIS into Claimable Silver VIS?

Turning your Locked Silver VIS to Claimable Silver VIS can be done by using Locked Silver VIS in-game and winning Claimable Silver VIS by Racing Rewards.

An example of this would be:

  1. If you have 1,000 Locked Silver VIS and use 100 as an entry fee for Pledge Racing, you will be left with 900 Locked Silver VIS and Claimable Silver VIS if you win the race.
  2. The Claimable Silver VIS reward from the race can be kept as Claimable Silver VIS or Withdrawn into Gold VIS after the 15-day wait period.

VIS Locking Countdown Notice:

VIS Lock Notice

If a player does not race for 23 days, they will receive an alert every time they open the app (for the remaining 7 days). This caution is a reminder to race to avoid the Silver VIS locking.

This notice is also available in Account Alerts, which is accessible via the menu in the upper right corner.

User Login 30 days without any races:

VIS Locked Notice

If a player fails to race for over 30 days, this notice will inform them of their Claimable Silver VIS conversion to Locked Silver VIS.

Important Info to know:

  • Renting will be an operation that will aid in not causing Claimable VIS to turn locked. However, if all Pega rented out does not race, you will also be subject to Locked Silver VIS.
  • Current Silver VIS will all start as Claimable Silver VIS. The 30 days of locking when inactive start from the update’s release. 
  • The cooldown for withdrawing Claimable Silver VIS into Gold VIS remains 15 days. Current users’ cooldown will not reset and will remain 
  • UI will differentiate Claimable Silver VIS and Locked Silver VIS
  • When depositing Gold VIS, it will turn into Locked Silver VIS. There will be a pop-up to confirm this action to prevent accidental deposits.

Frequently Asked Questions:

Q: I’m looking to sell my VIS. How can I convert from Silver VIS to Gold VIS?
A: You will need your Silver VIS to be claimable before converting from Silver VIS to Gold VIS.

Q: How do I convert my VIS from Locked Silver VIS to Claimable Silver VIS?
A: Use your Locked Silver VIS as an entry fee to races. When you win a race through racing, your VIS awards will be considered Claimable VIS. 

Q: What can Locked Silver VIS be used for?
A: Initially, your Locked Silver VIS can be used for Racing entry fees. Other features like Fusing, Craft Key & Item Usage, etc… will be implemented soon.

Q: When using Locked Silver VIS for operations, if I do not have enough Locked Silver VIS, but I have enough Claimable Silver VIS, how do I deposit into Locked Silver VIS to proceed?
A: The remaining cost automatically deducts from Claimable Silver VIS if you don’t have enough Locked Silver VIS.

Q: What will happen to my Gold VIS when I deposit them into Silver VIS?
A: It will turn into Locked Silver VIS that you can use for in-game operations.

Q: Why can’t I withdraw my Claimable Silver VIS?
A: The 15-day withdrawal rule still applies regardless of how much Claimable Silver VIS you have.

FAQ's

Yes, you can fuse your Pega at any breed-count however the resulting Pega will always be:

  • Fuse to Rare – Rare with 2/7 Breed Count;
  • Fuse to Epic – Epic with 3/7 Breed Count;
  • Fuse to Legendary – Legendary with 4/7 Breed Count;

If you decide to fuse two Virgin Pacer Hoz, regardless of their breed count, the resulting Pega will be a 2/7 Rare Hoz.

The resulting Pega always has the “lower” bloodline, this is similar to the breeding mechanic.

If you fuse a Hoz Rare 2/7 and a Zan Rare 2/7, the resulting Pega will be a Zan Epic 3/7.

2 Pacers + 8,000 $VIS + 30 $PGX = 1 Rare

2 Rares + 16,000 $VIS + 30 $PGX = 1 Epic

2 Epics + 32,000 $VIS + 30 $PGX = 1 Legendary

2 Legendary + 52,000 $VIS + 30 $PGX = 1 Legendary

In this game, you will need to own at least 1 Pega & a set amount of VIS in order to play. You can buy a Pega in our marketplace. If you want it to try first before buying a pega, there is an option to rent.

As of the new Pledge Racing update, races now require a VIS entry fee.
Learn more here: https://pegaxy.io/support/pledge-racing/

There are 3 types for renting:

1. Fixed fee renting – Here, you can play it for a certain amount of time. For instance, you can rent one Pega for 100 PGX for 2 days. Then you’ll earn as much as you can during those 2 days. The player renting will pay 100% of the entry fee in Drop Racing and Pledge Racing.

2. Profit share – Just head on to the Renting tab https://play.pegaxy.io/renting and keep on pressing F5 (refresh) button until you see a “x% for you” you will be needing MATIC tokens as gas fee for you to rent and you can use that Pega to play and earn! Reward share percentage and amount paid for entry fee is determined by the owner.

3. Direct Rental – This system is specifically designed for Guilds. Direct Rental allows a Manager to create a rental contract which they can rent out the Pega directly to the Scholar for them to accept. Reward share percentage and amount paid for entry fee is determined by the owner.

You will be eligible to join the race once you have 1 pega, upon joining a race, you will be pushed into a lobby matching your Pega’s class, once the lobby is full, watch your Pega race against 14 others, if you manage to place in the top 3 you will be rewarded with VIS tokens.

No, you just need to pay gas fee for moving your pega to racing metaverse after that you can race your pega without paying gas fee.

Each Pega has 25 energy capped, 1 energy is restored per hour and 1 race needs 1 energy.

For Drop Racing, 25 energy as well however…

  • Pacer will consume 5 energy
  • Rare will consume 4 energy
  • Epic will consume 3 energy
  • Legendary will consume 2 energy
  • Founding will consume 1 energy

For you to be noticed by Pegaxy Managers you need to be active in their community, you can also share your talent as some Pegaxy Managers look for scholars to be their artist, designer, editor etc.

As of the new Pledge Racing update, races now require a VIS entry fee.
Learn more here: https://pegaxy.io/support/pledge-racing/

There are 3 types of renting.

1. Fixed fee renting – Here, you can play it for a certain amount of time. For instance, you can rent one Pega for 100 PGX for 2 days. Then you’ll earn as much as you can during those 2 days. The player renting will pay 100% of the entry fee in Drop Racing and Pledge Racing.

2. Profit share – Just head on to the Renting tab https://play.pegaxy.io/renting and keep on pressing F5 (refresh) button until you see a “x% for you” you will be needing MATIC tokens as gas fee for you to rent and you can use that Pega to play and earn! Reward share percentage and amount paid for entry fee is determined by the owner.

3. Direct Rental – This system is specifically designed for Guilds. Direct Rental allows a Manager to create a rental contract which they can rent out the Pega directly to the Scholar for them to accept. Reward share percentage and amount paid for entry fee is determined by the owner.

You can use PGX, USDT and USDC as the currency for buying a Pega on the Pegaxy marketplace, you will be needing additional MATIC tokens as gas fee.

Step 1: Add the VIS CA to your Metamask. Click on “Import Token” and paste the CA:
0xcc1b9517460d8ae86fe576f614d091fca65a28fc

Step 2: Proceed to https://kyberswap.com/#/swap, connect your metamask, and switch to Polygon Network.

Step 3: Under “From”, click on “MATIC” then select any cryptocurrency (that is in Polygon Chain) you will use to purchase VIS tokens.

Under “To”, click on “KNC” below, then select “VIS” or paste the VIS CA.

Tips: 1% slippage is enough but if you would want a faster transaction, increase it to 3% or 5%. MATIC will be used for gas.

Step 4: Click “Swap”, then hit “Confirm Swap”.

Step 5: Your MetaMask will pop-up. Hit “Confirm”.

DONE! The VIS is in your MetaMask!

You can only breed opposite gender. Pega are metal machines, therefore when breeding, there are no restrictions. Breeding is possible with parents, children, grandchildren and so on.

The length of time needed for a baby Pega to be able to breed is 96 hours for all bloodlines.

24 hours for Hoz, 48 hours for Campona, 72 hours for Klin and 96 hours for Zan

Baby Pega will only be able to generate energy after the initial 24 hours for Zan, 48 hours for Klin, 72 hours for Campona, and 96 hours for Hoz,

– The 15 day countdown begins when you first connected your wallet.
– Withdraw any time you want after your VIS is unlocked. You are not required to withdraw the moment the VIS is unlocked. This allows you to be able to unlock the following VIS you earn so long as you have a claim ready.
– The 15 day countdown resets from the point you claim.

The PGX is per breed. The VIS is per Pega, add the VIS cost of each Pega and then just add PGX.

Reset your metamask account, to reset your account go to metamask settings > advanced > reset account. This should clear all your pending transactions. Then try again edit the Gwei.
For your reference check the gas fee here https://polygonscan.com/gastracker

First, put your Pega in idle state, then on the Pega details screen, look for an edit icon next to the Pega name. Renaming your Pega will cost you 550 VIS.

Yes. In order to reclaim your funds, go to My Assets > Sale History > Auction.

If Polygon is not Suspended in Binance:
1. Claim your locked VIS tokens in Pegaxy website
2. Check if the VIS tokens has reflected in your wallet in Metamask (If not, import VIS token address: 0xcC1B9517460D8aE86fe576f614d091fCa65a28Fc)
3. Swap VIS to USDC in https://kyberswap.com/. Make sure to add USDC Polygon CA to your MetaMask: 0x2791bca1f2de4661ed88a30c99a7a9449aa84174
4. Send your USDC to your Binance. (Make sure to select Polygon Network in Binance USDC Deposit)
5. Convert USDC to USDT then sell your USDT in P2P Binance in exchange to your local currency.

If Polygon is Suspended in Binance:
1. Claim your locked VIS tokens in Pegaxy website.
2. Check if the VIS tokens has reflected in your wallet in Metamask (If not, import VIS token address: 0xcC1B9517460D8aE86fe576f614d091fCa65a28Fc)
3. Swap VIS to USDT in https://kyberswap.com/. Make sure to add USDT Polygon CA to your MetaMask: 0xc2132d05d31c914a87c6611c10748aeb04b58e8f
4. Bridge USDT Polygon to USDT BSC using Synapse Brigde – https://synapseprotocol.com/ or xPollinate – https://xpollinate.io/
5. Send your USDT to your Binance. (Make sure to select Binance Smart Chain BEP-20 in Binance USDT Deposit)
6. Sell your USDT in P2P Binance in exchange to your local currency