Chapter 3 - Producer Pass Staking

Free chapter 3 producer passes for our community

Chapter 3 is coming soon, and we're excited to share with you what we have in store! Before we launch, we want to ensure we take care of our holders from day 1 and focus on building a high-quality creative and artistic community of White Rabbit fans to interact and engage throughout the creative process.

(art by @mitch0z, white rabbit art challenge winner)

Chapter 3 producer pass claim

As mentioned in the previous white paper V2, the core utility of producer passes is to be staked for creative voting power. Taking that to the next step for the community, we will be letting users with staked producer passes from chapters 1 and 2 to claim a free chapter 3 producer passes for every pair of chapters 1 and 2 you have staked.

(pp = producer pass)

1 staked ch 1 pp + 1 staked chapter 2 pp = 1 free ch 3 pp to claim

1 staked ch 1 pp + 0 staked chapter 2 pp = 0 free ch 3 pp to claim

1 staked ch 1 pp + 2 staked chapter 2 pp = 1 free ch 3 pp to claim

2 staked ch 1 pp + 2 staked chapter 2 pp = 2 free ch 3 pp to claim

If you had producer passes staked from the past chapters that you didn't un-stake, there is nothing you need to do. If you've un-staked already, we're launching a new UI today to let you re-stake your producer passes. Producer pass will be staked until chapter 3 launch without the option to un-stake. A snapshot for chapter 3 claim eligibility will be taken a few days before launch(we will update on the exact date as we get closer to launch), and staking will be disabled after the snapshot is taken.

Public Sale

In addition to rewarding our existing community, we also want to have a public sale to allow new people who learn about Shibuya/White Rabbit to enter the ecosystem. You can get chapter 3 producer passes by

1. Being an existing holder of previous producer passes and staking them

2. Leaving already staked ones staked before the launch

3. Buying some during our public sale or secondary market.

Supply and price for public sale will be announced as we get closer. Stay tuned.