The meteoric rise of racing blockchain games has blasted Pegaxy at the forefront of a peculiar niche in NFT gaming. We are looking closer at the robotic mythological mares and stallions and what the hype is all about.
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In the previous weekly report we talked about the Bloodlines cooldown flipping and now Pegaxy announcement the final changes that will be implemented.
The changes that will be implemented are the following ones:
Let's explain each one of this changes
The initial cooldowns it were defined as the image below.
After this change the cooldown for the baby Pega to be able to race will be the following
This means the HOZ Baby Pega will need to wait 96 hours to be able to race instead of the previous 24 hours, the Campona Baby Pega will need to wait 72 hours to be able to race instead of the previous 48 hours, the Klin Baby Pega will need to wait 48 hours instead of the previous 72 hours and the Zan Baby Pega will need to wait 24 hours instead of the 96 hours.
A new cooldown of 96 hours to be able to race will be added to the Adult Pegas that were used to breed and this cooldown it will be cumulative. If a new breed is made during the cooldown of the previous breeding, this time will be added to the cooldown time that was already happening.
Example:
If we breed two 0/7 Hoz together:
(96 hour cooldown, wait 24 hours to breed again = 72 hours race cooldown. Breed again, which adds another 96 hour race cooldown = 168 Hours race cooldown).
A change related with the Baby Pega energy will be implemented.
Currently, a Baby Pega has 25 energies when borns.
After this change a new Baby Pega will born with 0 energy and the energy will only start to be generated after the race cooldown ended.
| Hoz | Campona | Klin | Zan | |
|---|---|---|---|---|
| Parent Breed Cooldown | 24 hours | 48 hours | 72 hours | 96 hours |
| Baby Race Cooldown | 96 hours | 72 hours | 48 hours | 24 hours |
| Parent Race Cooldown | 96 hours | 96 hours | 96 hours | 96 hours |
| Baby Breed Cooldown | 96 hours | 96 hours | 96 hours | 96 hours |
A new functionality has been implemented that allows you to see which portfolios provide liquidity to the VIS.
There are still three unsolved features which are:
Over the past few months Pegaxy it is working hard to develop Themis (governance platform). The goal is to have the Governance platform finish in early March.
The voting algorithm, similar to other DAO's algorithm, it is developed.
They also have the goal to be easy for the community to submit proposals for the development team.
PathDAO, a DAO project that focuses on investing in play2earn projects, which had a big position in Pegaxy with over 500 Pegas (being classified as a Gold Guild) decided to simply liquidate all their positions as we can see in the image below.
When PathDao decided to start liquidating its compositions on VIS having sold in one
transaction 1 million VIS.
This sale caused the price of VIS to drop below 3 cents, something that had not been seen since the launch of Pegaxy.
At the moment PathDAO still has 30 Pegas in their possession which means that they are still dumping VIS in the market.
The next 6 weeks development cycle starts at 28th of February.
The goals for this cycle are:
Accounting...
Assets
1 Pega sharing profit 66%
Farmed VIS -> 2986.5
Pega Win rate -> 22.48%