Configure a Deal
Last updated
Last updated
After the sponsor creates the deal, the page redirects to the "Build a Deal card" page. In this page, the sponsor can see the deal card and update it by adding:
Image: Upload an image that represents your deal. This will become an NFT. For best results, it should be square and at least 800x800.
Description: A description of the deal in markdown format. Select "details" to see the markdown rendering.
Payment token: The token that the deal accepts from stakers. Enter the blockchain address. You can quickly select a common payment token by clicking on the options under the field.
Closing delay: Stakers have this required amount of time to unstake their tokens (or stake more) after the sponsor edits the deal by setting the final terms.
Unstaking fee: The sponsor can discourage people from placing large stakes and then unstaking by charging an unstaking fee. The maximum unstaking fee is 10%. The protocol does not charge an unstake fee if a deal is canceled or does not reach closing. 50% of the fee goes to the sponsor, and 50% to the Surge treasury. For example, if you add an unstaking fee of 2%, then you will get 1% of a stake that is unstaked before the deal is closed or canceled (this value must be between 0 and 10).
Sponsor website: A link to a website about the sponsor
Social URL: A link to social media.
The sponsor can see a preview of the deal card with the information that he added on the right side of the page. Also, the sponsor can see how the description will look by clicking on the "DETAILS" button.
The sponsor gets access to the sponsor app after submitting the first version of the deal card. Use the sponsor app to move through
Configuration of the deal with an optional whitelist for private allocations
Activating the deal so that it will accept stakes
Editing terms (including the description, multiple, minimum, maximum, arbitrator)
Setting a closing time
Claiming the staked assets that are in the deal after closing
Before activating the deal, the sponsor can edit this information using the Configure panel in the Sponsor view.
The sponsor can update the description while the state is not "Closed" or "Canceled". The form includes a preview of the description in a popup.
The Multiple configures a bonus using a Linear Discount Curve. If you do not want to offer bonuses with the linear discount calculation, then select a multiple of 1.
These terms define the rules of the deal. The terms are set by the sponsor and can be changed at any time before the state is "Closed" or "Canceled". However, the closing time must be more than <closing delay> after the last change.
In case that the deal does not succeed, the sponsor can change it to re-open the deal with different terms.
Description: The description of the deal.
Social links: The social links of the sponsor.
Sponsor website: The website of the sponsor.
Minimum amount: Minimum stakes to claim.
Maximum amount: Maximum stakes to claim.
Arbitrator address: The address of the arbitrator. This address must sign to approve the claim. Also, the arbitrator can cancel the deal.
Closing time: The date and time when the deal closes. IMPORTANT: the closing time must be set when the sponsor has written the final terms. The time must be after (current time + closing delay).
Stakers get an NFT that holds their stake in an attached "token bound account." This NFT also represents their place in line, which can earn a discount or a bonus.
The sponsor can allow transfers of these NFTs.
