Search
K
Comment on page

Degen Quarters

Every Knight needs a place of their own. Degen Quarters is a space for Knights to call home.
The Degen Quarters serve three (3) primary purposes:
  • Staking all of your KOD NFTs after the initial Degen Quarters redemption period. Without a Degen Quarters, you cannot stake the NFTs you acquire from the Degen Kingdom.
  • Earn rewards from staking like future NFTs and gameplay multipliers.
  • A 3D customizable space where you can display your NFTs, host others, and recharge from competitions in the Degen Arena.

Acquiring Degen Quarters

Non-Knight Holders
  • Pre-snapshot
    • Players can purchase a Knight on any marketplace to quality for the airdrop
  • Post-snapshot
    • Degen Quarters will be sold individually for a limited time at the end of the initial “Pre-Season Baking” period
Knight Holders
  • Receive a “Degen Deed” - airdropped on Polygon - (coming Spring ‘23)
    • One (1) Degen Deed will be airdropped per Knight held
  • Stake Deed + Knight + Steedz (optional) during the special “Pre-Season Baking” period
    • After 60 consecutive days of being staked, Degen Deeds become “fully baked”
    • Fully baked Deeds will be redeemable for Degen Quarters 1:1 at the end of the Pre-Season
      • NOTE: Degen Quarters will be redeemable in batches for tiered Degen Quarters during a special minting period (Fall ‘23).
        • Tiers will affect things like:
          • Size/space
          • Functionality
          • XP/Points Multiplier
          • Rarity

How do you get a Degen Quarters?

Tiers play an important role in the Degen Kingdom. Quarters are no exception.
Degen Quarters can be individually traded-in for Knights Quarters, or can be batched together and traded-in for higher tiered quarters such as Duke, Noble, and Royal.
  • Note: Additional Degen Quarters will be made available - for a cost - at the end of the Pre-Season for those who miss out on the Pre-Season staking period and/or wish to elevate the tier during the exchange period.
Degen Quarters will be redeemable for the following:
  • 1 Degen Quarters = 1 Knight Quarters
  • 3 Degen Quarters = 1 Duke Quarters
  • 10 Degen Quarters = 1 Noble Quarters
  • 25 Degen Quarters = 1 Royal Quarters
Example scenarios of redemption mechanics for reference:
  • 2 Degen Quarters = 2 Knight Quarters
  • 4 Degen Quarters = 1 Duke Quarters, 1 Knight Quarters
  • 15 Degen Quarters = 1 Noble Quarters, 1 Duke Quarters, 2 Knight Quarters
  • 33 Degen Quarters = 1 Royal Quarters, 2 Duke Quarters, 2 Knight Quarters
Tier factors:
  • Staking Capacity: Higher tier = more space for staking assets = more XP earned, faster
  • XP Multipliers: Higher tier = More XP earned from staking assets
    • XP elevates status on all specialized, temporary, and overall leaderboards
    • Position on the leaderboards impacts rewards, contest eligibility, rarity of future NFT drops, and more
  • Gameplay Multipliers: Higher tier = more available power, energy, and quicker recharge
    • Utilizing this enhanced regeneration, players can compete in KOD games and fantasy contests more frequently and/or increase their entries to specific contests
  • Virtual space

Pre-Season “Stake to Bake” Guide

  • Receive Degen Deed
  • Visit knightsofdegen.io to access the staking web app
  • Connect wallet containing KOD assets
  • Select the Knight(s) you would like to stake to your Deed(s)
    • Bonus: Staking a Steed with a Knight will generate a bonus at the end of the staking period
  • Staking with KOD is gasless and is done in a way often referred to as "soft-staking"
    • Owned assets will not leave your wallet and will not require any transaction
  • Knights (and Steedz) must remain staked for 60 consecutive days during the Pre-Season Baking period
    • Listing and/or selling a staked Knight will reset the counter
    • Re-staking a Knight will result in the counter being set to “Day 0”
  • After 60 consecutive days of staking, Deeds will become “fully baked”
    • “Fully Baked” = eligible for a 1:1 exchange of a Degen Quarter during the redemption period taking place at the end of the Pre-Season

What happens after the initial staking and redemption period for Knight Quarters?

  • The Pre-Season Baking period for Deeds/Degen Quarters will be open until Season One begins (Fall ‘23)
  • The exchange period of Degen Quarters for Knights/Duke/Noble/Royal Quarters will take place in the final weeks of the Pre-Season
    • This will function as the official first mint of the tiered Degen Quarters
  • After Season One begins, there will be only two ways to obtain Degen Quarters:
    • Purchase on a secondary marketplace
    • Earn and/or acquire as rewards from the exchanged supply held by the Treasury.
  • Virtual, 3D interactive functionality will be added over time