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