The Tavern
Ever heard of a sober pirate ?
Last updated
Ever heard of a sober pirate ?
Last updated
In Brief:
Total Availability: 1150 units available for minting.
Functionality: Stakes to produce $BARRELS (ERC20), which are converted into Bottles of Rum (ERC1155).
Staking Location: Go to Town -> Tavern -> Stake button.
Operation: Does not require a character to be assigned.
Production Increase: Each level up increases $BARRELS production by +10%.
Usage: Bottles of Rum are essential for character activities within the game.
Marketplace Activity: Sell Bottles of Rum on the marketplace.
Detailed Guide:
Minting and Staking Process:
Minting: Obtain a Tavern by minting.
Staking: Once staked in the dApp, the Tavern begins producing $BARRELS of Rum.
$BARRELS Claiming:
Claim your $BARRELS using the "claim" button found under each tavern within the dApp interface. You can claim at any time, allowing flexibility in managing your resources.
Leveling Up Tavern:
Cost: To level up the tavern, it costs 0.01 rETH + 1000 $BARRELS for the first level. Each subsequent level requires an additional +20% of $BARRELS.
Fixed rETH Cost: The rETH price remains the same regardless of the level.
Production Bonus: Each level increases $BARRELS production by +10%.
Production Halving Mechanism:
If the total circulating supply of $BARRELS exceeds 1,000,000, a halving of general production is triggered to maintain balance. This halving is automatically reversed if the supply drops below this threshold.
Bottling Process:
Convert $BARRELS into Bottles of Rum by clicking "Bottling" above your Tavern. This conversion is crucial as 1 $BARREL equals 100 Bottles of Rum, which can then be used by characters or sold on the marketplace.
Economic and Strategic Impact:
The pricing and leveling costs are designed to regulate $BARRELS production and enhance endgame rewards. All funds from this process contribute directly to end-game payouts, benefitting PvP Chapter II winners. See also : $BARRELS Tokenomic and Earn & Endgame
