How to rent a pega in pegaxy on polygon (2023)

Over the weeks, Pegaxy has risen into popularity, and because of this, Pega’s price has increased dramatically. Early adopters and long time NFT traders may not have any issues paying peak prices. However, that is not the case for many. There are two ways to get a pega off the rental market.

  1. Profit Share
    1. Profit share rentals are very hard to get. They allow you to split VIS with an owner. Ie, 90 to the owner vs 10 to you. There are many bots and people waiting to snipe profit share pegas.
  2. Rental Fee
    1. The renter pays a rental fee in PGX for a specific amount of time. They keep all proceeds. Ie, if they pay 65 PGX

While getting a shared-profit Pega is a great thing, it is almost impossible to get one. One of the remarkable things about Pegaxy is its Renting features, where you can rent a Pega with a bit of money and use it to earn your own Vis (Vigorus) token. This is an excellent alternative if you want to get into Pegaxy and wouldn’t want to break your wallet.

To get to know more about Pegaxy, you can check this article.

(Before proceeding to the article, please note that this is NOT financial advice). Pegaxy is quite hot at the moment and is due to for correction.

Setup Your Wallet + Polygon MainNet

First, let us talk about how to get into the Polygon; this is Pegaxy’s main network; here is where all transactions about Pegaxy are done. To get into Polygon, click here Polygon Web Wallet v2. To get this working, you will have to connect your Metamask wallet.

How to rent a pega in pegaxy on polygon (1)

When you connect your Metamask to Polygon, change the network of your Metamask to the Polygon MainNet. Remember that when transacting into Pegaxy, you should be using the Polygon MainNet.

How to rent a pega in pegaxy on polygon (2)

If you do not see the polygon mainnet please add a custom network in your metamask. Here are the settings in order to rent on polygon for pegaxy.

(Video) Beta Renting - Tutorial #3 | Pegaxy Beta

NetworkNamePolygon Mainnet
ParentChainEthereum Mainnet
chainId137
RPC URLhttps://polygon-rpc.com/
Block Explorer URL
(Optional)
https://www.polygonscan.com/
Currency Symbol
(Optional)
MATIC

Get your Matic and USDT

Now that you’re all set, the next thing to do is put a Matic token on your Metamask. Matic is what you will need for every gas fee transaction on Pegaxy. Without this, every transaction you do will not proceed if you don’t have any Matic token. There are many ways to get a Matic token, you can buy it on Binance and directly send it to your Polygon Wallet, or the most consistent way is to transfer your USDT on your Polygon MainNet using xpollinate.

Xpollinate is an efficient way to move your assets from different chain networks, for example, BSC to Polygon or ETH to BSC. It is also beginner-friendly; here, you can transfer your USDT from your BSC/ETH to the Polygon MainNet. If your asset is transferred to the Polygon Wallet, you can now easily convert any token or coin into Matic, to do that, go to this link, here you can easily convert your USDT to Matic, for you to have gas fee transactions. This is the best way so far since sometimes Binance to Polygon Chain transfer does not work.

If you are going for profit share. You do not need a lot of matic (perhaps 2-3). If you are going for rental fee you need to pay more and get PGX.

How to rent a pega in pegaxy on polygon (3)

If you are going for a rental fee for a Pega; the next step is to buy PGX; PGX is Pegaxy’s governing coin; this is also the coin you need to rent a Pega. The price of a Pega for rent depends on the owner’s terms. Some will be priced 40-60 PGX; those Pegas can be rented for one day. You can find different offers from different owners. Some will rent their Pegas for a week, sometimes for a month, of course; the higher the days of rent, the higher the price. Sometimes, if you are in luck, you can find absolutely great deals even for a small amount of PGX. To get PGX you can just simply swap your USDT using KyberSwap. If this is your first time, it is okay to try it in small amounts, so that if ever you got it wrong, gas fees are cheap and you can swap back easily / quickly. Always do test amounts!

How to rent a pega in pegaxy on polygon (4)

Things to Remember

Pegaxy is still in its early development, and developers promised gameplay updates for the following months. As of now, the gameplay revolves around RNG (Random Numbers Generators); because of this, every Pega has its chance to win races. However, some things renters look for when renting a Pega is its win rate. Though race winners are generated randomly, some Pegas have higher win rates than others. Some renters are adamant that higher winrates are not by chance and that it is a crucial thing to look out for. When doing a profit rental higher winrates are better to break even.

How to rent a pega in pegaxy on polygon (5)

I really can’t tell what makes a Pega win more than others, a lot of people in the community don’t know as well. And if you’re saying, maybe because of its rarity, no. You can find Hoz Pegas (the rarest) with bad win rates; you can also find Zan Pegas (the most common) with a higher win rate. So, no, it is not rarity; maybe if the devs updated the gameplay, this will matter, but right now, win rate percentage is your friend when renting. It is also worth noting to look at Pega’s energy; every Pega has a limit of 25 energy, one energy is subtracted per race and it replenishes every hour. Look if you are renting a 0 energy Pega, cause you can only use it after 24hrs. So if you want to squeeze every bit of your money, choose wisely.

How to rent a pega from the rental market with profit share

To rent, go to Pegaxy.io, click Play Now and connect your Metamask wallet. Then click the rental tab and “share for profit”. Under this system, you do not need PGX for your rental. It is much harder to get though.

(Video) PEGAXY GAME LAUNCH GUIDE: Breeding, Racing, Marketplace, Renting, Scholarships + Earnings!

How to rent a pega in pegaxy on polygon (6)
How to rent a pega in pegaxy on polygon (7)

How to rent a PEGA with a rental fee in PGX

If you bought PGX and Matic, you can now rent your Pega.

To rent, go to Pegaxy.io, click Play Now and connect your Metamask wallet.

How to rent a pega in pegaxy on polygon (8)

Go to Renting, and choose the Pay Rent Fee tab.

How to rent a pega in pegaxy on polygon (9)

Here, you can choose what Pega you want to rent. You can click the Pega to see its stats and win rate, you can also view the Pega’s recent matches.

How to rent a pega in pegaxy on polygon (10)

To rent, simply click the Rent button, Approve PGX and wait for the Metamask prompt.

How to rent a pega in pegaxy on polygon (11)

Hit Confim on your Metamask and wait. Sometimes, the transaction will not proceed, it’s either because the Pega is already rented by others or there is a system issue. Don’t worry though, failed transactions won’t deduct your PGX, although it will deduct Matic for the gas fee.

How to rent a pega in pegaxy on polygon (12)

Once the transaction is complete, this prompt will appear.

(Video) TIPS 101 : HOW TO RENT IN PEGAXY VIA SHARED PROFIT

How to rent a pega in pegaxy on polygon (13)

It is also good to participate in Pegaxy’s official Discord Server so that you will be updated on what’s happening in the community; system issues, server maintenance, etc. This is important to know because a server issue can cause a delay in the renting transaction and sometimes in the gameplay. So, it’s great to be updated about any issues when renting.

So now that you have rented your very first Pega, race with it and get that VIS!

To know more about Pegaxy, you can read this article Pegaxy: Horse Racing NFT Game.

FAQs

How do I Rent out my PEGA? ›

In Pegaxy, all they need to do is simply create the agreement by clicking "Rent" inside the Pega's dashboard, set the % profit split they wish to provide to the Scholar and hit "Rent"! From there, their Pega is placed onto the open "Rental Marketplace" where anyone is able to accept your offer.

How many PEGA can I Rent in Pegaxy? ›

We want to maintain and promote fair and equal opportunities for all players, so we have implemented a maximum of 3 rented Pega per wallet policy. 🤝 For clarity, this is independent of rental type. You also do not need to rent all three from one guild/person.

How does Pegaxy renting work? ›

Pegaxy offers an escrow account for every rental agreement that receives all rewards and automatically distributes them according to the agreed rental profit share (i.e. 70% Scholars, 30% Managers). This means that the Manager does not need to send the Pega directly to the Scholar or to another wallet.

Can you breed rented Pegaxy? ›

It should be noted that Pega are metal machines, therefore when breeding, there are no restrictions. Breeding is possible with parents, children, grandchildren and so on.

How much Matic Do you need to rent Pegaxy? ›

You do not need a lot of matic (perhaps 2-3). If you are going for rental fee you need to pay more and get PGX. If you are going for a rental fee for a Pega; the next step is to buy PGX; PGX is Pegaxy's governing coin; this is also the coin you need to rent a Pega.

Can I rent two Pegaxy? ›

Conversation. (2/3) Take note that in ONE ACCOUNT, you can OWN as many Pega as you want and race them all one at a time. But if it is rented, it is limited to THREE (3) Pega, whether it is direct or public rent.

How much is adus rent in LA? ›

An ADU between 400-600 square feet could be a converted garage, an attached ADU, or even a small separate ADU. These living spaces may rent for $1,400 – $4,000, depending on the area.

How is maximum monthly rent calculated? ›

To calculate, simply divide your annual gross income by 40 - if you make $120,000 a year, you can spend $3,000 on rent. An equivalent is the 30% rule, meaning that you can put 30% of your annual gross income in rent. If you make $90,000 a year, you can spend $27,000 on rent, and so your monthly rent will be $2,250.

What is ppm rent? ›

If you've been looking at rental properties, you will likely have wondered what PCM rent meaning is. The rent is often displayed as being PCM – an abbreviation for Per Calendar Month. This means the rent due would be taken from you on the same date every month.

How does rent to rent work? ›

Guaranteed Rent also known as Rent to Rent is where an individual or company takes an interest in a property for a period of time from a landlord and guarantees to pay a fixed rent to the landlord. The landlord gives consent to the third party, 'the Renter', to then rent the property to other tenants.

How much is a PEGA in Pegaxy? ›

The VIS cost for breeding Pega can go up to 42,000, while a Genetic Fusion with 2 Epic Pega will cost 64,000 VIS.

How does rent Tracker work? ›

With your permission, RentTrack can report your rent payments to all three major credit bureaus when you pay your rent through their payment platform. Rent payments show up on your credit report as another account, just like a credit card or a mortgage.

What are the four 4 bloodlines of PEGA? ›

There are 4 different bloodlines, namely:

Zan – The Pega of the Wind (1st from the left) Klin – The Pega of the Waters (3rd from the left) Campona – The Pegas of the Flames (4th from the left) Hoz – The Pega of Lightning (2nd from the left)

Can I breed my mare? ›

Breeding, whether through live cover or artificial insemination, should occur as close to ovulation as possible. To do this we must track a mare's heat cycle. Your mare has a 21-day cycle, she will be in “heat” for roughly 5-7 days and will ovulate in the last 24-36 hours of heat.

Do you need Matic to race in Pegaxy? ›

To be able to transact in Pegaxy's marketplace you will be needing MATIC. In order to do that, you will have to choose Polygon MainNet on your Metamask's Network (note: your USDT and other assets like Pegaxy Stone must be in the same Polygon MainNet). Here, you can store, withdraw and deposit your game earnings.

How is equipment rent calculated? ›

To calculate a rental, you would multiply the total cost of a piece of equipment x 5% / month x 13 x 80% to arrive at the estimated annual rental dollars a rental company wants to achieve.

Are there gas fees on Matic? ›

Yes, always. To transact on the Polygon network, you are charged a fee, which is paid out to a miner who processes and validates the transaction. It is important to note that not all transactions will cost the same amount of gas.

How many PEGA can I race? ›

A Pega can race a maximum of 25 times a day, but there's no total race limit. Once you've selected the Pega, you must pay a gas fee to lodge your intent to enter a race on the blockchain. You're then pitted against other players with a Pega of a similar class until 12 racers are stationed.

How can I rent 2 people to pay rent? ›

Typically, you take on any bills. You rent the property to tenants for a higher rent than you're paying the owner. The difference between the rent you receive from your tenants and the rent you pay the owner or letting agent after property costs is the profit for you and your business.

Can I have 2 rentals at the same time? ›

Although it usually is fine to have two leases in your name, some exceptions exist. It may create problems when you inquire about a second apartment if you have poor credit or live in government-subsidized housing.

Is rent 2 rent legal? ›

It breaches the tenancy agreement

More often than not, rent to rent is in fact illegal. Most Assured Shorthold Tenancy Agreements (AST) specifically exclude sub-letting without express consent with a clause such as: “The Tenant hereby agrees with the Landlord not to sublet or part with possession of the property.”

Are ADUs a good investment? ›

Adding an Accessory Dwelling Unit (ADU) to your property is one of the smartest investments you can make as a homeowner. Not only will your new granny flat increase your overall property value, but if you choose to rent it out to a tenant, you can use that passive income to help pay your mortgage.

Why are ADUs so popular? ›

ADUs offer benefits that address common development barriers such as affordability and environmental quality. ADUs are an affordable type of home to construct in California because they do not require paying for land, major new infrastructure, structured parking, or elevators.

How is Adu calculated? ›

Value of ADU after compilation — To estimate the property's value increase after the construction of the ADU, we multiply the property's per-square-foot value by the total size of the addition, and calculate 70%-90% of this product. In this case, the estimated value increase is 90% of ($344sq. ft.

What is the 1 rent rule? ›

The 1% rule of real estate investing measures the price of the investment property against the gross income it will generate. For a potential investment to pass the 1% rule, its monthly rent must be equal to or no less than 1% of the purchase price.

What is 2.5 times the rent mean? ›

Calculations. The majority of property managers and landlords in San Diego require the net monthly income to be 2.5 times the monthly rent. So if the property you are interested for is listed at $3,000 a month, you must show at least $7,500 in net monthly income.

How much should I pay in rent? ›

When determining how much you should spend on rent, consider your monthly income and expenses. You should spend 30% of your monthly income on rent at maximum, and should consider all the factors involved in your budget, including additional rental costs like renter's insurance or your initial security deposit.

Is 1 PPM a lot? ›

1 PPM means that substance is one-millionth of the total amount of water. It seems like a tiny amount–and it is–but water does not always need a lot of a given chemical. For example, just 1.0 ppm of free chlorine can be enough to keep a pool safe and disinfected.

What does 500 PPM stand for? ›

This is an abbreviation for "parts per million" and it also can be expressed as milligrams per liter (mg/L). This measurement is the mass of a chemical or contaminate per unit volume of water.

Why is PPM so important? ›

Planned Preventative Maintenance (PPM) is essential to ensure that buildings not only operate at optimum efficiency but also adhere to statutory requirements. It also helps to extend the life span of equipment and prevent degradation and failure.

Is rent to rent a good idea? ›

Strip it back to basics and Rent To Rent is in essence a simple trade-off. You're trade the responsibility for finding the tenants and property maintenance for slightly less money. Ultimately, whether Rent To Rent is a good idea for you comes down to what you value the most.

What does 3 times rent mean? ›

Some communities use a 3 times rent calculator formula, meaning a renter's monthly income should be at least 3 times what goes to paying rent. At REE, we recommended that your income is at least 2.5 times your monthly rent amount.

Can you make money from rent to rent? ›

Effectively Rent-to-Rent is like buy-to-let - without having to buy. If managed properly it will make you profit, but as you don't own the property yourself, you won't get the return-on-investment from an increase in the value of the asset.

How do you buy a PEGA? ›

To purchase an NFT, ensure you have the requested currency (e.g. WETH or PGX on the Polygon chain) before clicking “Buy”. Afterwards, Metamask or other associated wallets will display a pop-up for you to confirm your purchase; once approved, your purchase is complete.

How do I sell PEGA Pegaxy? ›

Simply list your NFT for the price you wish to sell it for, if someone is willing to pay the price you listed it for, the transaction will proceed and you will sell your NFT.

How many people play Pegaxy? ›

Pegaxy is a play-to-earn PVP style horse racing game where players compete for top 3 placement against 14 other racers. Each race has randomised elemental variables which include wind, water, fire, speed and more.

Does RentTrack cost money? ›

LevelCredit: Previously known as RentTrack, LevelCredit charges a $6.95 monthly fee to have your rent, cell phone and utility payments reported to the credit bureaus. Rent is reported to all three bureaus, while utility payments are reported to TransUnion only.

How do I calculate my rent accurately? ›

The amount of rent you charge your tenants should be a percentage of your home's market value. Typically, the rents that landlords charge fall between 0.8% and 1.1% of the home's value. For example, for a home valued at $250,000, a landlord could charge between $2,000 and $2,750 each month.

How do you calculate days rented? ›

Method #1: How To Calculate Daily Rent

Take the monthly rent amount. Divide that amount by the number of days in the affected month. This gives you the daily rent amount for that particular month. Multiply the daily rent by the number of days the tenant lives on the property.

What is a family bloodline? ›

Your bloodline is your heritage or ancestry. In other words, your bloodline includes your parents, grandparents, great-grandparents, and so on.

Is bloodline and lineage the same? ›

Bloodline, or lineage, has been a political ideology of many monarchical regimes and aristocratic societies throughout history. The rise of nationalism in Europe in the seventeenth and eighteenth centuries paralleled the discourse of purity and authenticity of one's blood/race.

When can you race if the PEGA is a newborn Zan? ›

Q) When can I race my newborn Zan? A) Wait for 4 days to give your baby Zan enough time to mature.

Is 14 too old to breed a mare? ›

Peak fertility in horses occurs at approximately 6 to 7 years of age. Fertility begins to decline at around 15 years of age as mares become more difficult to get in foal and the rate of pregnancy loss increases.

Can a 23 year old mare get pregnant? ›

Mares can continue to produce foals well into their late teens or early to mid 20's. However, mare owners should realize that the prognosis for fertility of an older mare decreases each year.

Can a 25 year old mare get pregnant? ›

In general, female horses can breed until they are 25 years old, and male horses can breed up to 30 years old. But some horses may stop breeding either much younger or older depending on their health, fertility, and history.

Do I need Matic for Polygon? ›

You will need MATIC on the Polygon network the very first time you buy or sell on Hawku to set up the appropriate authorizations. It is usually around 0.03 MATIC but we recommend 0.05 just to be safe.

Do you need Matic to use Polygon? ›

Note: To perform transactions on the Polygon blockchain a user must hold MATIC tokens within their Polygon wallet. The MATIC tokens are required for gas fees on the network. If you don't own any MATIC yet, jump to the table to compare exchanges that trade MATIC.

How much Matic does a validator need? ›

Thus, to begin with, becoming a validator on Matic Network requires a minimum self stake of 1 MATIC.

How do I place an ad for rent? ›

Tips on Selling a Property Online
  1. Post your Property Ad. Enter all details like locality name, amenities etc. ...
  2. Add Quality Photos. Do not forget to add high-quality photos as it's key for any property to stand out. ...
  3. Choose Correct Locality/Address. ...
  4. Write a Great Description. ...
  5. Add additional details.

How do I make my own rent? ›

How to Make a Rental Feel Like Home
  1. Clean, Clean, Clean!
  2. Stage an Entryway.
  3. Add Personality With a Bookshelf.
  4. Get to Know Your Neighbors.
  5. Let There Be Light.
  6. Replace Old Blinds With Curtains.
  7. Get Creative With Kitchen Storage.
  8. Rethink Hanging Artwork.
23 Feb 2022

How do you rent pro rata? ›

R x (D/P) = pro rata rent

Simply divide the days in occupation by the total number of days in the month, then multiply this number by the monthly rent, and there you have your pro rata rent.

Can the PPP be used for rent? ›

The following are the authorized uses of PPP loans as specified by the US Government: Payroll (salary, vacation, any types of benefits, leaves) Mortgage interest (from before February 15, 2020) Rent (for a building, space, or vehicle with a lease signed before February 15, 2020)

How can I use no broker for free? ›

To avail the free owner contacts on NoBroker – follow these steps.
  1. Download the free NoBroker app from the Google Play Store or the App Store.
  2. Register using your contact number/email id. ...
  3. On the app, kindly search for properties as per your requirements.
  4. You can directly contact owners from the search results.
15 Jan 2021

When should I start renting advertising? ›

The right time to advertise your property is typically 4-6 weeks before it is scheduled to become vacant. By doing so, you'll gain the interest of potential renters who are neither too eager nor too nonchalant about moving into your property.

Is it easier to rent or own? ›

There is no definitive answer as to whether renting or owning a home is better. The answer depends on your own personal situation—your finances, lifestyle, and personal goals. You need to weigh out the benefits and the costs of each based on your income, savings, and how you live.

What to set up when renting? ›

Here's a handy little checklist to make sure that you don't forget anything!
  1. Set up a standing order/direct debit to pay your rent. ...
  2. Buy a broadband package. ...
  3. Sort out your gas and electricity bills. ...
  4. Sort out your water bill. ...
  5. Pay your council tax. ...
  6. Get a TV licence.
13 Oct 2017

How much can I afford to rent on my own? ›

The 30% rule of thumb dictates that you should spend no more than 30% of your salary on rent each month. This does not take into account the other costs mentioned above. The ONS deems a property affordable if a household would spend 30% or less of their income on rent.

How rent is calculated? ›

Rent = (Usable sq ft x usable sq ft rate each month) + (Common area x the rates per month for this type of area). Suppose the usable area stands at 100 sq ft with a common area of 50 sq ft. If the rent is Rs 150 per sq ft for the usable area and Rs 50 per sq ft for the common area every month.

How does rent work? ›

Rent is payable in arrears, unless specified otherwise in the tenancy agreement. In practice most tenancy agreements set out that rent is to be paid in advance. Rent is payable for the same intervals as the periods of the tenancy, for example weekly or monthly for a weekly or monthly periodic tenancy respectively.

What does pro rent mean? ›

When a resident occupies a room for only a partial term (month, week, day, etc.), the amount a owner charges is known as “prorated rent.” Prorated rent is charged only for the number of days the unit is occupied. It's based on a monthly rate rather than daily since a daily rate tends to be pricier.

How much PPP can be used for rent? ›

This means that owners can use up to 25% of their PPP loan for rent (or other eligible expenses), but they should be incredibly careful and diligent, as using more can result in reduced loan forgiveness. Importantly, the guidelines regarding SBA loans are evolving quickly alongside the COVID-19 pandemic.

How much of PPP funds can be used for rent? ›

No more than 40% of PPP loan proceeds may be used for “covered” mortgage interest, utilities, rent and certain other interest payments that were established (contract in place) as of February 15, 2020.

What can I spend PPP on? ›

Generally, PPP funds can be used for four purposes: payroll, mortgage interest, rent/lease, and utilities. Payroll should be the major use of the loan.

Videos

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2. HOW TO PRICE PEGA TO RENT AND TOKENOMICS
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3. Pegaxy Renting Full Profits Guide | Choosing Best Pega and Fix Pegaxy Renting Errors
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4. PEGAXY - How to Play
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5. How to rent in Pegaxy | Step by Step guide | Easiest way
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