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Home All Events Pirate Nodes Fair & dApp Launch

Date

May 19 2022
Expired!

TimePacific Time

2:30 pm

Your Time

  • Timezone: America/New_York
  • Date: May 19 2022
  • Time: 5:30 pm

Status

Active

Pirate Nodes Fair & dApp Launch

May 18 – they had some problem with the tax, and are now launching on May 19.

Nodes project on Avalanche.

This is a stealth launch, it will happen some time from 3:30pm to 5:30pm UTC.

❌ No contracts.

DETAILS
  • Total supply: 500,000 DOUB
    • 75,000 for initial liquidity
    • 425,000 for the rewards pool
  • Listing price: $5 / DOUB
  • 40% sell tax at launch, decreasing 5% per day until it reaches 10%
    • ❌ The docs also say there is 0% sell tax, so one of these is incorrect
  • No buy tax
  • Claim tax: 30% – 2.5% descending based on how many days since the previous claim
  • NFT booster cards can be minted for 2.5 AVAX each, at the time of this post there are 2979 out of 5000 minted
    • Max 5 mints per wallet
  • Four tiers of nodes:
    • Rowboat – costs 1 DOUB, earns 0.0074 DOUB daily
    • Sloop – costs 3 DOUB, earns 0.0285 DOUB daily
    • Brigantine – costs 6 DOUB, earns 0.0726 DOUB daily
    • Galleon – costs 40 DOUB, earns 0.64 DOUB daily
  • When a node is created, the DOUB used to create the node is distributed as follows:
    • 80% to the rewards pool
    • 12.5% to the treasury
    • 7.5% to auto-liquidity
    • 3.75% sold on the open market
  • Nodes can be merged to create the next level node as follows:
    • 3 Rowboat + 0.44 DOUB = 1 Sloop
    • 2 Sloop + 1.14 DOUB = 1 Brigantine
    • 7 Brigantine + 10.15 DOUB = Galleon
  • Each node has a finite lifespan, and will produce reduced rewards once that time is up
    • Rowboat lifespan – 951.09 days
    • Sloop lifespan – 735.28 days
    • Brigantine lifespan – 579.11 days
    • Galleon lifespan – 437.5 days
  • Monthly fee is: the node’s daily return x the price of DOUB

Blockchain

AVAX

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