🏺Pledge Pool
Last updated
Last updated
The Pledge Pool will allow Space Misfits users to pledge their SMCW tokens to unlock exclusive rewards in various ways. With Olympus Syndicate Memberships starting first during the initial Fleet launch, it will open up higher SMCW earnings when competing in the leaderboard. Additionally, it may unlock different game sections based on the pledged tiers in the future.
Remember that you don't lose your Pledged tokens when playing, you are free to withdraw them at any time.
There are two different types of OSM holders in Fleet - OSM holders and Active OSM holders. A user becomes an OSM holder simply by holding the OSM Non-fungible Token (NFT). On the other hand, if a person holds the OSM NFT and has pledged the minimum required SMCW amount in the Pledge Pool, they become an Active OSM Holder.
In order to participate in the weekly leaderboard, there will be a snapshot of the Pledge Pool every Sunday starting at 23:59 UTC (it will take a few minutes to complete). In order to participate as an Active OSM holder for the coming week leaderboard, you will need to achieve the required minimum pledge amount before then. If you remove your pledge after the snapshot, it won't affect your OSM status for the already started weekly leaderboard as the snapshot was already completed. However, you will still need to have your pledge ready for the next Sunday snapshot if you want to maintain your Active OSM holder status.
To use the Pledge Pool you will need SMCW, to acquire SMCW token please use the provided exchanges that can be found in the Official links, it's important to cross-check the SMCW contract address if utilizing a decentralized exchange.
📝 Our $SMCW Contract address: 0xb2ea51BAa12C461327d12A2069d47b30e680b69D
If you need guidance on setting up your MetaMask wallet, please refer to this guide. This guides cover the basics of pledging/unpledging with MetaMask, which is the most commonly used method. You can also connect with WalletConnect by scanning a QR code and approving all transactions directly within your wallet.
Access the Pledge Pool through the Staking dApp v2 link, please use the following link to access the Pledge Pool: https://stake.spacemisfits.com/pledge (NOT AVAILABLE YET) Connect your MetaMask wallet by clicking on the 'Connect to MetaMask' button located at the top bar. Ensure that you have the correct BNB Chain selected and the wallet containing both the OSM NFT and SMCW tokens. For those pledging for the first time, the initial transaction is solely to approve your SMCW. Afterwards, you will be allowed to start pledging.
Click the 'Approve' button and sign the contract approval. You can adjust the 'spending cap', though it is currently set to max allowing you to pledge all your tokens whenever you wish without having to reject the contract and approve it again each time. Click the "Next" button. and then click the "Approve" button. Wait for the transaction to be confirmed on the blockchain. You will notice the "Pledge Pool Approve" button loading while MetaMask confirms the transaction. Once approved, you will be ready to pledge.
You can view the minimum SMCW required pledge amount in the information panel along with your current pledged amount. To start pledging, enter the desired amount into the input box and click the "Pledge" button. Click the 'Confirm' button on the MetaMask prompt. Then wait for the transaction to confirm on the blockchain.
Your pledged amount will now appear in the Pledge Pool. Your pledge should appear in your Fleet account dashboard if you have already linked your wallet with your OSM NFT. Wait for some time as it won't detect it instantly. Remember to contact support if you have any questions regarding this process or encounter any issues. You can unpledge anytime following the unpledge guide, which is essentially the same process but using the 'UnPledge' button.
