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

Recharge Voucher Mechanism

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:

Glass Type

SPAY Amount to be Burned

Common

300

Rare

200

SuperScript

100

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:

Glass Type

Discount %

Common

10%

Rare

20%

SuperScript

30%

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:

Glass Type

Mint Cost (Amount in SPAY)

Common

250

Rare

500

SuperScript

800

The mint costs and the number of recharge vouchers are modifiable and can vary based on other protocol parameters.

PreviousRecharge VouchersNextRecharge Costs

Last updated 2 years ago

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