Recharge Voucher Mechanism
Last updated
Last updated
Upon reaching level 20, top users of the platform will be eligible to mint recharge vouchers. These vouchers can be used for a discount on the recharge cost. However, initially, there will only be a limited number of vouchers for each glass type so that only the true users of the platform are incentivized. Below is the number of recharge vouchers available for each glass type:
The discount percentage from the recharge voucher will vary based on the glass type. Common glass holders will receive less discount as compared to rare and superscript. The composition is given below:
Eligible users can mint recharge vouchers using SPAY tokens. The proceeds from the mint will be burned. Users can either integrate these vouchers with their glasses and earn a discount on their recharge cost or they can sell it at the marketplace for ETH/BNB. The mint costs for each glass type are shown:
The mint costs and the number of recharge vouchers are modifiable and can vary based on other protocol parameters.
Glass Type
SPAY Amount to be Burned
Common
300
Rare
200
SuperScript
100
Glass Type
Discount %
Common
10%
Rare
20%
SuperScript
30%
Glass Type
Mint Cost (Amount in SPAY)
Common
250
Rare
500
SuperScript
800