Leasing Rules Of The Leasing System In StarSharks. Warriors
We are glad to announce that the official version of Starsharks. Warriors is about to launch on December 25th, 11 am UTC. The leasing system will also be released simultaneously.
This article will tell you the rules about the leasing system, and I’m sure you won’t want to miss it. So now, let’s get right to the point.
1. Leasing overview.
1.1 Users(lessors) can lease their sharks to other players(leasers) on the marketplace.
1.2 When a shark is leased to a leaser to battle; a portion of the $SEA rewards will be paid to the lessor.
1.3 A single lease lasts for 6 hours.
2. Lessor related.
2.1 Sharks put up for lease on the marketplace will not be available in-game for the lessor to battle.
2.2 When a lessor puts a shark up for lease on the marketplace, he or she can input the expected profit, and the system will also suggest a reference profit.
2.3 When a lessor puts a shark up for lease on the marketplace, the number of days the shark will be up for lease must be specified.
2.3.1 At the expiry of the lease period specified by the lessor, the shark will be automatically removed from the marketplace and returned to the lessor. The shark can then be put on the marketplace again to be leased.
2.3.2 During the lease period specified by the lessor, expected profit can be modified but effects will only take place the next day.
2.4 Lessors’ Leasing Conditions
2.4.1. When the expected profit specified by the lessor on a shark is attained on a particular day, the shark will be unable to be leased again until the next day.
2.4.2 When a lessor fails to earn the expected profit specified within a single individual lease period (which is 6 hours), the shark can be leased once again by a leaser.
2.4.3 Total profit gotten from leasing in a day will be calculated in increments.
2.4.4 Date of the lease will be decided by the commencement time of the lease.
2.5 Lessors can view information, such as leasing status, profit of the day, profit history, etc) on the shark’s page.
2.6 Leasers will be able to see the estimated income and current accumulated income of a leasable shark.
3. Calculation Procedure of Reference Value for Expected profit.
3.1 Reference value is calculated based on the purity and the rank of the shark.
3.2 A shark’s potential income will be ranked based on the previous day’s profit of other sharks with the same purity and rank.
3.3 The lowest 30% and the highest 20% ranked profits generated from sharks with the same purity and rank will be removed and the rest of the profits generated will be calculated to get an average income which will be the reference value of the expected return on a shark.
4. Profit-Sharing Policy
The lessor still retains ownership of the NFT, and its a free marketplace.They can set the lessing revenue of $SEA in a certain period (For example: $SEA/ Per day, $SEA/ 7days ) to rent out their sharks. How much the sellers sell for is up to them, StarSharks platform do not interfere with their transaction behavior.
5. Leasing Restrictions.
5.1 A leaser can ONLY lease a total of three sharks i.e. a leaser cannot have more than three leased sharks at the same time.
5.2 A lessor cannot lease out a shark if its energy is not full.
Note: A shark put on lease is synchronized with the leasing platform. If the lessor transfers the shark on lease or performs off-site transactions, the lease will not get terminated. The party who receives the shark will be unable to use the shark to battle until the end of the lease.
6. Punishment For Breach of Trust by Leaser.
6.1. The initial credit score for each user is 200.
6.2 When the profit to the lessor for a single shark does not reach the expected profit set by the lessor, the leaser’s credit score will be deducted.
6.2.1 Credit score to deduct = (Lessor set expected profit — profit obtained by the lessor)/lessor set expected profit * 100)
6.2.2 For example Lessor set expected profit = 80 $SEA, at the end of the single lease period of 6 hours, only 20 $SEA profit is generated by the leaser; therefore the leaser’s trust points will be deducted by 75 points (80–20/80*100=75)
6.3 After every successful lease with no deduction of credit score, 10 scores will be given to the leaser.
6.4 When the leaser’s credit score gets to 0 for the first time, the leaser will not be able to lease for a day(24 hours).
6.4.1 After the 24-hour lease ban, the leaser’s credit score will be reset to 100.
6.4.2 The second time a leaser’s credit score gets to 0, the leaser will not be able to lease for 5 days. It goes by 1 day, 5 days, 9 days, 13 days, 17 days, and so on.
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