Script Network announces Script Staking v2, with new $SCPT and Glasspass pools

We pleased to bring Script Staking v2, with faster UI, more $SCPT staking pools and a GLASSPASS pool for holders of the NFT. Below we have covered some of the updates as we roll out the final key product release before Script Mainnet. For holders of GLASSPASS NFTs, please read the bottom of the article carefully.
v1 staking: https://stakev1.script.tv/
v2 staking: https://stakev2.script.tv/

Step 1:
Head to the v2 staking page https://stakev2.script.tv/ and head to the top right of the page and click ‘Connect Wallet’.

Choose from your favourite wallet connect option (further wallet integrations options will be available soon)

Step 2:
Once you’ve connected your wallet, head to your chosen pool and click ‘Stake’

Please note: To allow staking to be accessible by multiple holders, you will only be able to stake in ONE pool at a time. Please do not attempt to stake to more than one pool at once, doing so will have your staking updated to the most recent pool you selected.

Step 3:
You can now type in how many tokens you’d like to stake. Once you’ve done so, please confirm you’re happy with the locked period, and the reward %, and then click ‘Enable’.

Step 4:
Click ‘Deposit’ after Enable and then confirm.

Step 5:
You can now view your tokens staked in the pool. From here, you now have the following options.
‘Stake Reward’: This automatically pops up your wallet to auto stake the tokens you have been rewarded with thus far. *Please note, by doing this, you restart the locked period again. This button will not work if there are no tokens to be claimed.
‘Stake’: Will lead you to the same process as above
‘Claim Rewards’: This will allow you to claim reward tokens earned thus far. This button will not work if there are no tokens to be claimed.
‘Unstake’: Will lead you to a pop up to begin the process of unstaking / withdrawing your tokens from the pool. (More on this below).

Please note: Once the capacity of the respective pool is filled, you are not able to stake in that pool at all.

Step 6:
If you click ‘Unstake’, the Withdraw tab will pop up with the following options. If the withdraw amount says ‘0 SCPT’, it means the period of staking has not ended yet. However, here you can also claim tokens, and stake rewards here too.

If you staked to v1 staking: — nothing will change, you can still claim and stake in that pool as before.

**IMPORTANT** — PLEASE READ IF YOU ARE A GLASSPASS HOLDER — READ VERY CAREFULLY

Glasspass NFTs have now been airdropped a BSC version of the Glasspass, to holders of the initial collection. The old initial collection on Polygon, will now be phased out as of today.
For context, Glasspass NFTs are part of a future airdrop which will give holders a share of future rewards through the growth of Script TV, alongside an initial airdrop too. You can find out more on this on our previous post — here. To be eligible for this airdrop, you MUST have the same number of Glasspasses the original collection on Polygon (https://opensea.io/collection/glasspass-membership), than you do on the new, forked collection on BSC (https://opensea.io/collection/glasspass-membership-bsc). For example, if you own 6 Glasspasses on the Polygon collection, you must own 6 Glasspasses, at the time of the snapshot (which has not yet happened), on BSC. If you do not, you will NOT be eligible for the airdrop or any future rewards.
New buyers after the time of the snapshot (https://polygonscan.com/block/55655842), can buy on Polygon (BSC NFT trading is largely unavailable across major NFT marketplaces)

To put it simply, this rule is in place to avoid a liquidity crush of attempting to sell the Glasspass on one chain, which is unfair to those buying, likely because they are not aware of the migration to BSC. Although we are aware this is not our responsibility, we are aware some people read updates faster than others, and do not want anyone to lose out without knowing or understanding what is happening.

TLDR:
- If you have any interest in future rewards and incentives from holding a Glasspass, do not sell or trade your Polygon version, simply keep it in your wallet.
- If you are new to buying Glasspasses, in short, you are welcome to trade The Polygon Glasspass Collection as you did before (https://opensea.io/collection/glasspass-membership).

We will do our best to reiterate this message, but ultimately it is the holders responsibility to read documentation and updates across the ecosystem, and Script Network, ultimately, will not take any responsbility for any possible confusion from this point forward. Read the above text carefully.

Any questions, please do not hesitate to open a discord ticket. To end this article the same way its started for clarity

Update Monday 22 April 2024
We want to simplify the process for holders and newcomers alike in regards to Glasspasses. So, upon reflection, the following will be the rule…

- Glasspasses bought after after Apr-10–2024 07:19:08AM UTC will mean you are not able to stake your pass for rewards. Only those with a BSC airdrop will be able to do this, up until pools are opened for Glasspass staking (if and when) on Script Blockchain
- ⁠Glasspasses bought after Apr-10–2024 07:19:08AM UTC can still potentially earn rewards via airdrops
- ⁠The eligibility of an airdrop will be based on simply holding the Polygon (original) version. Thus, the same applies, if you sell the Glasspass, and miss the snapshot, you will not get an airdrop.
- ⁠You will however be ineleigible if you own 3 BSC Glasspasses, but only 1 Polygon Glasspass, as stated previously. As mentioned prior, this is to prevent misuse of the existing collection
- ⁠To clarify again as per the above, the airdropped BSC version is purely there only for the purpose of staking, trading will resume on Polygon as normal.

# Glasspass migration to Binance chain reasoning #
•⁠ ⁠Back in summer of 2023 the there was no functionality for BSC NFT collections, we are of course currently deployed on BSC, so for staking to be permissible for Glasspasses, it will need to be on BSC.
•⁠ We are likely to migrate completely onto Script Blockchain anyway later in the year, but if not, pools and opportunities to essentially earn rewards, will potentially be available on multiple L1s/L2s, which was always what has been mentioned in previous updates. To note, our ‘Glasses marketplace’ will feature the ability to trade passes, much like the actual glasses.
•⁠ BSC is not currently supported on trading on Opensea, so, all trading of Glasspasses will continue on Polygon.

Want to sell a Glasspass you own? Head to the Polygon collection
Want to buy a Glasspass? Head to the Polygon collection
Want to stake a Glasspass? Use a Glasspass that has been airdropped to you

TLDR: If you are interested in future rewards and own a Glasspass, then it’d make sense to do nothing and ensure you keep the Glasspasses in your wallet. If you are not interested and purely wish to trade, then you can do so on Polygon as much as you would like.

•⁠ Any questions, please open a ticket — thanks!