$wRAR/$FTM pair on SpookySwap. How to wrap your $RAR

Strategst
4 min readSep 20, 2021

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Quick caveat: Nothing is financial advice here. $RAR smart contract is not owned by anyone, distribution is defined by smart contract code.

To be honest, I’m just stunned with $RAR adoption pace and just honored to be part of such an active and mindful community.

There were 1,348,200 $RAR claimed in 3 days from deployment with only 100 $RAR per summoner claimable.

Just to remind you, next few days we’re all getting to Level 3, and there will be 300 $RAR claimable for all lvl3 summoners. With this pace, we will reach the cap pretty fast.

Today I created the first ever Rarity pair $wRAR/$FTM on SpookySwap.

First, a couple of questions:

1. Why $wRAR pair, why not $RAR directly?

$wRAR stands for the wrapped $RAR. Initially in the Rarity, only summoners can hold a bag of tokens. So for the address itself to hold it and trade, you need to wrap it with ERC20 common token standard.

2. But why do we need SpookySwap, why don’t we create some sort of our own RarityExchange for the game assets?

Well, $RAR is more than just a game asset. $RAR is owned by the community, the same community that plays and builds, there are no premine, funds, VCs, shady deals, cringe tokenomics, and cash grabbing. You should know the basics of Rarity and wait several days to claim your first $RAR.

$RAR is the bet on Andre, devs, players, and blockchain gaming in general. When you dump your $RAR you know that you already found a better project and more active community. So, as long Rarity is growing, getting more players and popularity, $RAR will be fine.

$YFI of the blockchain gaming is here.

I created pair on Spooky, letting other non-players make this bid with us. I think of it as a perspective to bridge $RAR to Pancake, Joe, and Uniswap. Why can’t we expand our token everywhere?

How to actually wrap $RAR to ERC20 $RAR?

  1. Approve wrapper contract in original $RAR contract. Go to the write section of the $RAR contract.

Function 1. approve, write:

from: your summoner ID

spender: 2596298

amount (for max): -1

2. Wrap your $RAR. Go to the write section of the $wRAR contract.

Function 7. wrap, write:

from: your summoner ID

amount: your amount * 1000000000000000000, so 100 $RAR will be 100000000000000000000

Unwrap ERC20 $RAR to Rarity $RAR?

  1. If you like to use the new summoner as a receiver, approve the wrapper contract in the original $RAR contract with the new summoner ID. Else, skip this step.

Function 1. approve, write:

from: new summoner ID

spender: 2596298

amount (for max): -1

2. Unwrap $RAR. Go to write section of the $wRAR contract.

Function 6. unwrap, write:

amountToUnwrap: amount * 1000000000000000000

toSummonerID: your summoner ID

Provide liquidity to $wRAR/$FTM pair:

Go to SpookySwap liquidity page, or navigate:

Liquidity -> Supply -> Add address: 0x817ca23e8393aa3e0075a40ded609684651982d7

Trade $RAR and $FTM:

Go to SpookySwap pair page. Trade it!

Links

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