Rails Play Help Articles

To support the transition from Play to Pro, we’ve created this page to house all support articles related to the Rails Play platform. This content will remain accessible throughout the transition to assist with any customer support needs until Play is officially discontinued.

Connecting Your Base Compatible Wallet

1. Click Deposit at the top right of your Rails Play account.

1. Click Connect Wallet.

1. Select your Base compatible wallet. If you do not see your wallet you may need to open the wallet extension on your browser first.

1. Click Connect on in your wallet extension to allow Rails to connect to your wallet.

1. Switch to the Base network by clicking on the 'R' logo on the wallet extension and choosing Base.

1. Click Register Wallet. This will prompt you to verify this request in your wallet.

1. Click Sign to accept the Signature Request from Rails in your wallet if prompted to do so.

You should now be able to deposit STABLE into your Rails account.

Leaderboard Rewards for Play

A weekly pool of 100,000,000 STABLE tokens is distributed to the top users, with higher rankings receiving more tokens. Tokens are distributed according to the following distribution formula:

Where:

• $P(r)$ is the STABLE tokens awarded to the user at rank $r$.

• $p$ is a constant between 0 and 1 that defines the distribution (0.8 in this case).

• $n$ is the total number of users (20 in this case).

• $r$ is the rank of the user.

• $L$ is the total STABLE token pool (100,000,000 STABLE tokens).

This approach ensures that the top-ranked users receive a significantly larger share of the STABLE tokens, while still distributing tokens to all top 20 users on both leaderboards as follows*:

Rank	$PnL Leaderboard Tokens	%PnL Leaderboard Tokens
1	10,116,645	10,116,645
2	8,093,309	8,093,309
3	6,474,647	6,474,647
4	5,179,718	5,179,718
5	4,143,774	4,143,774
6	3,315,019	3,315,019
7	2,652,015	2,652,015
8	2,121,612	2,121,612
9	1,697,290	1,697,290
10	1,357,832	1,357,832
11	1,086,265	1,086,265
12	869,012	869,012
13	695,209	695,209
14	556,167	556,167
15	444,934	444,934
16	355,947	355,947
17	284,758	284,758
18	227,806	227,806
19	182,245	182,245
20	145,796	145,796

*Note: this assumes there are 20 users who qualify. If there are less than 20 traders on the leaderboard with more than $0 in their P&L, the token distribution may vary.

Securing STABLE

Before you can deposit funds to your Rails Play account you must obtain STABLE on the Base network via the following steps.

If you’re having issues successfully completing this process, check out our troubleshooting tips here.

Step 1: Get Layer 1 ETH or USDC

If you don't already have ETH or USDC in your wallet, you will need to purchase some from your preferred exchange (e.g. Coinbase, Kraken). Be sure to use a compatible wallet.

Step 2: Bridging Layer 1 to Layer 2

Once you've obtained Layer 1 ETH or USDC you must bridge the amount you wish to deposit to the Base network (which is a layer 2 network) as follows:

1. Go to the bridging application of your choice (options below):

   • Brid.gg

   • Superbridge

2. Connect your Base-enabled wallet by clicking on the appropriate wallet extension.

1. Click Connect in the extension.

1. Navigate back to the bridging site and set the following:

   1. From: Ethereum

   2. To: Base

   3. Token: ETH or USDC

   4. You Send: The quantity of ETH or USDC you want to bridge. This will be your approximate deposit amount.

1. Follow the prompts in your wallet to complete the transaction.

2. Jump to the next section to swap your layer 2 ETH or USDC for STABLE.

Step 3: Swapping for STABLE

Once you have bridged your tokens to the Base network, you must swap them for STABLE as follows:

1. Visit Uniswap on Base.

2. Connect your Base-enabled wallet.

1. Click Connect in the wallet browser extension.

1. Input the following:

   1. Sell: ETH or USDC

   2. Buy: StableMEME (STABLE)

      • WARNING: Make sure you are swapping for the correct token. Search for STABLE using the contract address.

        • Contract address: 0xc74d23c560536c7c67ad5e7a04367055e233a096

   3. Amount: The quantity of ETH or USDC you want to swap. This will be your approximate deposit amount.

1. Click Review.

2. Follow the prompts to Approve and Swap.

1. In your wallet, Approve the transaction to give Uniswap Protocol permission to swap the token.

1. Also in your wallet, Sign the message.

1. Confirm the Swap in your wallet which will submit the transaction to the blockchain.

1. You will see “Swap success” and a green checkmark if it was successful. You can also review your activity to make sure the swap was successful.

Once you have completed these steps to obtain STABLE for trading on Rails Play, you can connect your wallet.

Deposits

How to deposit STABLE:

1. Log into your Rails Play account on desktop. This feature is not yet available on mobile.

2. Connect your preferred Base-compatible wallet (note: you will not be able to change your wallet address once connected).

3. If you don’t already have STABLE in this wallet, obtain some via the steps outlined here.

4. Click Deposit in the top right corner of your Rails account.

1. Enter the amount you wish to deposit.

1. Click Confirm Deposit.

If you don’t see a “Deposit Successful” screen, ensure you have sufficient STABLE in your wallet for the amount you’re attempting to deposit.

Withdrawals

You must have a minimum lifetime trading volume of $1,000,000 before you can withdraw your STABLE.

1. Log into your Rails Play account.

2. Click Withdraw at the top right corner of the trading page.

3. Input the amount you would like to withdraw.

4. Click Request Withdrawal.

5. Once Rails Play allocates your funds, click Collect to my Wallet.