Cometh Rental is Live 🚀
It allows Lenders to earn passive rewards on their spaceships.
It allows Borrowers to earn more rewards by having more powerful ships to play with.
Cometh vision is to make the first blockchain game accessible and rewarding to all participants. Cometh Rental push it one step further by providing additional revenue streams while enabling anyone to play at low cost.
Try it now: https://rental.cometh.io/
A rental offer must have:
- A spaceship or a list of spaceships: to rent your spaceships, they must be on Layer2 (sent via the bridge, and exited from the game)
- a Duration: max duration during which rental happens.
- a Revenue sharing: percentage of mining reward going to the borrower. 100% of Pull fees are going to the borrower.
- Entry cost: one-time fee paid by the borrower to the lender for the rental.
The borrower pays a fixed price to the lender when the rental starts and share rewards (based on a % fixed by the lender) until the rental ends.
Cometh Rental works as follow:
On the main screen https://rental.cometh.io/ you will see “Open rental offers” ie. Spaceships available to borrow.
- Click on one of the offer to see the details and proceed with lending. You will need to “Allow” Cometh to let you start the rental.
Create rental offer
Click on “Create rental offer” to lend your spaceship(s)
Select a Duration, Revenue sharing (%) and Entry cost to Publish the offer.
On “Manage rental”, you will see your current rentals (spaceships you are currently borrowing) and “My rental offers” ie. Spaceships you are currently offering to lend.
Should you want to modify the offer, delete it and redo it.
“In Progress” Rentals will show as follow, you can claim rewards at any time.
Try it now: https://rental.cometh.io/
How are revenues shared?
The borrower receives 100% of the reward from pulls.
The lender and borrower share the mining reward (according to the terms of the rental contract).
What are the fees?
5% of Rental price (with minimum of 0.0003 Must).
These fees are used to host the service, fund comets and are redistributed to players.
Provisioned Exit Fee
0,001 Must * number of ships in the offer.
These fees ensure that the owner of the ships will get them back from the game at the end of the rental contract.
Who pays the fees?
What happens at the end of the rental contract?
Nothing, as long as neither party closes the contract, the rental continues.
Does player statistics include rental statistics?
Not yet, but we are working on it.
Why can’t I rent Rez Ships (Don’t Buy Meme)?
Rez Ships are based on the 1155 NFT standard. Cometh rental does not support this standard yet.
Do I have to exit my ships from the game to be able to rent them?
How to exit my ships from the game?
In game, click on your ship name in the top left corner, and click on “Leave Galaxy”.
Can we stop a rental before its end date?
No, unless both players agree to end the contract. Note that this function is not yet available in the UI but it is available in the Renting Contract.
How do I claim the gain generated during the rental?
Lenders or borrowers can claim their earnings at any time during the rental. At the end of the rental (triggered by the lender or borrower) the earnings are automatically transferred.
NB: Rewards of borrowed ships are not displayed yet. This will soon be available.
Cometh is the first DeFi Layer2 powered blockchain game with yield generating NFT. Cometh is building an entire Ethereum Layer 2 ecosystem, starting with a game, a new decentralized and scalable exchange (ComethSwap) and groundbreaking projects such as the Refinery and the Melange (see whitepaper). Prior to Badger, Cometh also did a partnership collection with, Pickle, dontbuymeme, and Aavegochi DeFi-staked Crypto Collectibles