What to know about the impending switch to Rentals V2

1. WHEN?

It's happening sooner than you think. However, considering the upcoming Hive Hardfork is 2 days away maybe we want to either do it quickly or wait until after the hardfork. Stay tuned to Splinterlands or PeakMonsters channels to get a better sense for exactly when it will happen.

HOW IT CAME ABOUT
Splinterlands finished their backend stuff so we started work late Saturday and are mostly done with the basics of the manual system. We gave some feedback and splinterlands quickly made a few changes to the protocol and it seems like we're mostly ready to go... except for perhaps a tools that will help people decide on good prices.

2. WHAT TO DO TO PREPARE? (Unlist your version 1 rentals)

• We suggest owners unlist their Version 1 rentals.
• When version 2 comes out it won't matter and all version 1 rentals will be unlisted but if someone rents between now and when version 2 gets released then you and the renter are responsible for your own contracts.
• Let me rephrase that... owners and renters are responsible for their own contracts from version 1. So if you want to avoid creating more version 1 contracts then unlist your cards now.
• So to answer your questions... peakmonsters will not be breaking your version 1 rental contracts that is between owners and renters. You can handle that however you want.
• PeakMonsters will simply remove all access to renting using version 1.

Again I said NOTHING about breaking contracts I will not give advice along those lines about how you handle your already instigated contracts.

3. WHAT NEXT UPDATE WILL INCLUDE?

we wrote about what to expect here: https://peakd.com/hive-126911/@peakmonsters/peakmonsters-rentals-2-0-a-preview

4. SOME SCREENSHOTS

Adding cards to shopping cart will look like this.

• Daily price (converted to see usd value as well)
• Cost to purchase (we use the bulk cost to see what it would actually cost on the market)
• yROA% will be a nice addition to help you understand if you should rent or just buy

Paying for rentals will look like this
This screen will likely have a couple more upgrades but this gives you a basic feel.

• Keep in mind you can STORE dec in escrow but your card is only locked to you for 24hr periods. The escrow is just a place to store DEC set aside for future payments.
• Also we'll be adding payment through credits soon.

5 - HOW DOES THE RENTAL SYSTEM WORK?

well we put these pop out panels all over the place in the upcoming system so we hope it helps you understand how it works... if not ask a question.

6. WHAT IS NEXT?

We gave a run down of what we hope to do after we replace the new MANUAL system.
https://peakd.com/hive-126911/@peakmonsters/peakmonsters-rentals-2-0-a-preview

• Semi-auto - to help you re-rent cards you were renting but either you or the owner stopped.
• Auto-Rental - which will be very very simple hands off system for owners and renters.