Script Network Documentation
  • Getting Started Guides
    • How to Sign Up + Sign In to Script TV
    • Using the Live TV player
    • Navigating the Script TV Dashboard (Test Phase)
    • Testnet, Explorer + Creating a Wallet (Test Phase)
    • Reward System: Script Points, Zealy, Galxe + more
  • ScriptGLASS - How to mint
  • 🎬About Script Network
    • Introduction
    • Products
    • Why Script TV?
    • How it works
    • Understanding the Script Blockchain
    • Script TV + Web3
    • Market Strategy
    • Benefits
    • Comparison
  • πŸ—ΊοΈRoadmap
  • πŸͺ™Script Tokens
    • SCPT
      • Detailed SCPT Tokenomics
    • SPAY
      • πŸ’°SPAY Tokenomics
        • πŸ•ΆοΈScriptGLASS explained
          • Economics
        • Allowable/Earnable Watch Time
      • Mechanism Design of Glasses
        • Glass Types
        • Glass Payouts
          • Durability
        • Gems
        • Levels
        • Recharge Vouchers
        • Recharge Voucher Mechanism
        • Recharge Costs
        • Glass Minting
        • Game Theory
  • 🦸For Users
    • ⛓️Blockchain Integration
      • Installation guide for Script Node setup for Win , Mac and Linux
      • Build and Install
      • Run Unit Tests
      • Launch Script Node
      • Command Line Tool
      • Steps To Upgrade The Chain
      • Account/Wallet Management
      • Call Smart Contract
      • Turing-Complete Smart Contract Support
    • Basic Concept
    • Tokens
    • Script NFTs
    • Transactions
    • Script Wallet
    • Faucet (Technical)
    • Smart Contracts
  • 🌐Script Network Explorer
    • Block APIs
    • Transaction APIs
    • Account APIs
    • Stake APIs
  • πŸ”―Nodes
    • Node Token Emissions
    • Lightning Node Overview
      • Validator / Lightning Node Setup
        • Steps To Change Node Password
        • Stake to the Lightning node
    • Lightning Staking Process
      • Lightning Stake Withdrawal Process
        • Staking through Web Wallet
  • πŸ’ Validators
    • Block Settlement
    • Steps To Migrate Lightning/Validator
  • πŸ“’Edge Documentation
    • Introduction
    • What is Edge
    • How it works
    • Edge Uses
    • Possibilities with Edge
    • Edge Features
    • Benefits
    • Use Cases
  • πŸ”—Smart Contract Development
    • πŸ’» How to quickly deploy a smart contract on Script Blockchain
  • Smart Contract & App Development
    • Turing-Complete Smart Contract
    • Ethereum RPC API support
    • Setup the ETH RPC Adaptor for the Script Testnet
    • Metamask
    • Truffle
    • Hardhat
    • Remix
    • Web3.js
    • Explorer Tools for DApp Development
    • Script Blockchain SRC20 Token Integration Guide
  • πŸ“”API References
    • Metamask Script Network RPC Details (Testnet)
    • RPC API Reference
      • Examples
      • GetBlock
        • Transaction Types
        • Request
        • GetBlockByHeight
      • GetTransaction
        • GetPendingTransactions
    • Tx APIs
      • Broadcast Raw Transaction
      • BroadcastRawTransactionAsync
    • ScriptCli APIs
      • Account APIs
        • NewKey API
        • ListKeys
        • UnlockKey
        • LockKey
        • IsKeyUnlocked
      • Tx APIs
        • Send
        • Configuration for the Script Blockchain Node
  • 🀝Referrals/Network Effects
  • πŸ›‘οΈ Audits
  • πŸ“ŠScript Network Blockchain Summary
  • Disclaimer
  • Frequently Asked Question
    • To resolve the block height issue
    • Update seed peer to resolve connectivity issue
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  1. Script Tokens
  2. SPAY
  3. Mechanism Design of Glasses

Glass Types

There are three glass types, i.e., common, rare, and superscript. A summary of all glass types and relevant attributes is shown in the following table:

Type
Max Allowable Watchtime per day (in minutes)
Reward that can be earned by maxed out common glass per day (in SPAY)
Max Reward Rate Per Minute

Common

960

39.60

0.0413

Rare

1020

52.80

0.0518

Superscript

1080

66.00

0.0611

Each glass type offers incremental benefits over the other, i.e., a rare glass provides more benefits in terms of a net payout than common glass, and a superscript provides better rewards than a rare one. The glass types are differentiated based on payouts, so the users are incentivized to hold a higher glass type.

However, the composition of glasses is such that there are 70% common, 25% rare, and only 5% superscript glasses, which consequently makes superscript glasses more valuable than rare.

Although superscript glasses offer a significantly larger payout as compared to the other ones, they represent only 5% of the total number of glasses minted.

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Last updated 2 years ago

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