šŸ“ā€ā˜ ļø
Pirate Nodes
  • Pirate Nodes
    • šŸ“ā€ā˜ ļøIntroduction
    • šŸ“œRoadmap
      • Q1 2022
      • Q2 2022
      • Q3 2022
      • Q4 2022
  • Project Run-Through
    • šŸŖ™The Tokenomics
      • Token Launch
    • āš“NFT Chests
      • NFT Rarity and Utility
      • Minting Price and Giveaways
      • Whitelist Spots
    • šŸ”±Nodes
      • Tier Structure
      • Creation Distribution
      • Monthly Fees
    • ⛵Merging Nodes
    • ⚔Node Decay
    • šŸ’µTaxation
    • 🐳Over-The-Counter Service
    • šŸŽ®P2E Game
  • P2E Game - Pirate Ships
    • šŸ—žļøIntroduction
    • ⚔Energy
    • šŸ†™Levelling Up Pirates
    • šŸ”‹Supply of Pirates
    • šŸ’°Pricing of Pirates
    • ā™ØļøPirate Staking
    • šŸŖCharacter Breakdowns
  • Team
    • šŸ§‘ā€šŸ¦²Team Members
  • Further Information
    • šŸ”“Security
    • šŸ“ƒContracts
    • šŸ–ŠļøDisclaimer
    • šŸ–‡ļøLinks
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  1. Project Run-Through

Taxation

Claim Tax:

Rewards Claim

Tax Percentage

0-10 Days

30%

11-20 Days

20%

21-59 Days

10%

60+ Days

2.5%

Sell Tax: Day 1 will start with a 30% sales tax that will decay by 2.5% each day until it reaches 10% where it will remain. See more in The Tokenomics

Transfer Tax: 0%

Merge Tax/Merger Fee: Paid in $DOUB:

Rowboat -> Sloop = 0.4416 Sloop -> Brigantine = 1.1424 Brigantine -> Galleon = 10.15392

nodesRequired=nextTierCost/currentTierCostnodesRequired = nextTierCost/currentTierCostnodesRequired=nextTierCost/currentTierCost

E.g. Number of Rowboat nodes required to upgrade a Rowboat(3) = Sloop(3) / Rowboat(1)

mergerFee=20Daysāˆ—nodesRequiredāˆ—dailyRewardmergerFee = 20Days * nodesRequired * dailyRewardmergerFee=20Daysāˆ—nodesRequiredāˆ—dailyReward

E.g. Merging Rowboat nodes to a Sloop will cost an additional 20 * 3 * 0.0074 = 0.44 $DOUB.

All merger fees have an approximate ~15 Day ROI once upgraded

Compound Tax:

0%

The NFT collection provides additional benefits to nodes by reducing taxations and/or the duration of a taxation bracket.

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Last updated 3 years ago

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