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