The Journey
Introducing a Soft Staking Rewards System
Since the beginning, Space Riders has aimed to bring utility via $STAR token. You passively earn $STAR by holding Space Riders. No staking required. This is considered a soft staking mechanism. Over the past 10 months, this passive rewards system has worked very well. From minting the OG Pass collection, SRX Season 3, NFT purchases/raffles, and community creations, $STAR token has performed great. We plan to continue to bring value back to holders. There are lots of opportunities out there.
Boards (ERC721)
For the past month, we have been teasing images, animations, and creative lore of boards. There are 4 tiers of boards (shown above). Rider, Celestial, SRX, and Ancient. As per the announcement on January 26th, a snapshot was taken of holders which decided the tier(s) you are eligible to mint. The boards will be minted with $STAR in the Galactic Forge. Everyone on the snapshot will be able to mint. The max possible supply is 3,333. This could be lower depending on the number of mints. The boards are going to become a very important tool in the Space Riders ecosystem.
Galactic Forge (Mint)
As mentioned above, the boards will be minted via $STAR token in the Galactic Forge. The 4 tiers of boards are all priced differently. Rider board being the lowest, Ancient board being the highest. Depending on what you held during the snapshot, you will have the option to mint a board. You may be eligible to mint all 4 boards. It is up to you to decide which board you mint. One board per wallet. There is limited supply. The higher value the board, the rarer it is with a smaller supply. There will be a sufficient amount of time to mint. Oh, and did we mention that OG Pass holders get a 50% discount on boards?
Docking (Soft Stake)
Like $STAR token, we have developed a docking (soft stake) mechanic for the boards. This means that the boards will not be hard staked in another smart contract. Docking acts as a toggle in which makes your board non-transferable. Shortly after the board minting period closes, we will be opening the 1st phase. In order to dock, you must hold a Space Rider.
The Journey
Once your board is docked, you will begin phase 1 of The Journey. There are 3 phases in total. Each phase has a duration of 20 days. If you undock your board and leave a phase before completion, your progress will be reset and you will start from day one. You will be taken on a journey telling you about The First Rider.
Inventory (ERC1155)
During this journey, you will need to collect 3 items from the inventory in order to move on to the next step. How do you collect the 3 items? Successfully completing each phase of the journey.
- Phase 1 — Reward #1x
- Phase 2 — Reward #2x
- Phase 3 — Reward #3x
Each phase rewards you with an important item. Together, these items will give you access to the final location of the journey. This is where your tier of board becomes supreme!
In the final location, there will be an important claim. The tier of board that you own during the claiming period will be significant.
“They may be depicted as aliens, robots, or genetically modified organisms designed for space exploration and colonization.”
Shop ($STAR)
We want to be as inclusive as possible. No Rider gets left behind. Throughout the journey, there may be chances to win stray rewards. Riders who miss out on staking rewards should not have to worry. $STAR will come in handy.
Wen?
You can mint your board on Tuesday, February 21st, 2023 @ 5pm EST. Please stay tuned to the Announcements channel in the Space Riders Discord.
Do not press any links that are outside of the official Space Riders Discord & Twitter. Everything else is a scam!
